Tucson Fests in October

October is by far my favorite month in Arizona.  “Good things come to those who wait.” And we do wait-by the middle of September Tucsonans have pretty much had it with the relentless heat.  We say things like, “I’ll be so glad when October gets here,” and, “It won’t be long…”  It’s magical the way the 1st of October usually brings a significant dip in temperatures.  We’re now enjoying low to mid 80’s by day and mid to low 50’s at night.  We can open the windows and let the fresh air in!  For those of us who live here year round, it’s time to start planning those camping and fishing trips, take a hike in Sabino Canyon, or drive up to Mount Lemmon to enjoy the beautiful golden aspens.  We just enjoyed a relaxing weekend of RVing, boating and fishing at Patagonia Lake State Park.
Snow birds will begin their annual return this month, bringing with them golf clubs, tennis rackets and a renewed interest in the community.
Here are just a few of my favorite fall activities taking place in Southern Arizona:
Fall Pumpkin Festival- Oct. 10-31, Apple Annie’s Produce and Pumpkins, Wilcox

Scarecrows in the Garden- Oct. 17-Nov. 30, Tucson Botanical Gardens

All Souls International Film Festival-Oct. 29, Loft Theater

Day of The Dead Alter-Oct. 30-Jan 5, Tucson Museum of Art

For more listings, go to www.visittucson.org on the web.

Denise McCreary

September 2009 Tucson MLS Statistics

Active listings continue to go down, a trend we’ve been experiencing all year.  We anticipate this trend to continue into October and November as first time home buyers take advantage of the tax credit.

Here are the highlights from the 3^rd Quarter Summary:

• Total unit sales up 39.48% over 1^st Qtr
• Average median sales price down 1.71% over 1^st Qtr
• Average sales price down 3.80% over 1^st Qtr
• Average active listings down 19.99$% over 1^st Qtr
• Average days on market slightly down with YTD average 80 days
• Pending contracts up 4.63% over last month
• Pending contracts increased 9/08 to 9/08 59.45%

Click here for the full report, including comprehensive charts and graphs.  If you are considering selling your home at this time, I’d suggest looking at the Active/Sold by Zip Code chart at the bottom of page 2.  This is telling, in that you can calculate months of inventory by dividing #Active by #Sold.  For example, in the 85712 zip code there were 158 active listings and only 19 sold in September.  19 into 158 equals a little over 8 months of inventory.  19 divided by 158 equals 12 (%) of the inventory sold in a month.  If you want your home to sell quickly, you will need to price, market and stage it so that it will beat the competition.  How can you position your home to be in the small percentage of homes sold versus the larger group of unsold properties?

Denise McCreary