Sahuarita, incorporated
in September 1994, has experienced unprecedented growth since 2001 and is
considered one of the fastest growing communities in Arizona. The area includes
zip code 85629.
The town
encompasses 30 square miles, sharing a southern border with the Green Valley
retirement community and a northern border with the Tohono O’odam Reservation.
Sahuarita has top rated Elementary, Middle and High Schools.
The Rancho
Sahuarita development features a man-made lake, parks and recreation center
with an exercise room, meeting rooms and a large swimming pool. The area offers
direct access to Tucson to the north and Mexico to the south via Interstate 19.
Surrounded by majestic mountain ranges, Sahuarita has a growing number of
residential areas in a semi-rural setting as well as three master-planned
communities (Rancho Sahuarita, Quail Creek and Madera Highlands).
There are
seven commercial/retail/mixed-use developments either in development, under
construction or completed, with a full complement of new and existing
businesses. Anchor tenants include Fry’s Marketplace, Safeway and Wal-Mart.
Sahuarita offers a relaxed and enjoyable community.
Sahuarita, AZ – Real Estate Market Data – September 2012
Click here for full report – Sahuarita Market Data
Property Sales
September Property sales were 37, up 19.4% from 31 in September of 2011 and 11.9% lower than the 42 sales last month. September 2012 sales were at a mid level compared to September of 2011 and 2010. September YTD sales of 379 are running 7.8% behind last year’s year-to-date sales of 411.
Prices
The Median Sales Price in September was $158,000, down 1.3% from $160,000 in September of 2011 and up 9.5% from $144,250 last month. The Average Sales Price in September was $165,196, up 5.0% from $157,298 in September of 2011 and up 3.1% from $160,187 last month. September 2012 ASP was at a mid range compared to September of 2011 and 2010.
Inventory & MSI
The Total Inventory of Properties available for sale as of September was 139, down 13.7% from 161 last month and down 35.9% from 217 in September of last year. September 2012 Inventory was at its lowest level compared with September of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2012 MSI of 3.8 months was at its lowest level compared with September of 2011 and 2010.
Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for September was 93, down 26.2% from 126 days last month and down 33.1% from 139 days in September of last year. The September 2012 DOM was at its highest level compared with September of 2011 and 2010.
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Copyright © Coldwell Banker Residential Brokerage – Data is provided courtesy of Arizona Regional Multiple Listing Service, Inc.; Tucson Association of Realtors and Prescott Area Association of Realtors and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage does not guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
