Oro Valley Real Estate Statistics for March 2007


The Real Estate statistics for Oro Valley are combined in with the Tucson statistics. The Northwest Statistics are where we find Oro Valley.

Searching for Oro Valley in the Tucson MLS is not as easy as it probably should be. One of the reasons for this is the fact that many people who live in Oro Valley have a Tucson mailing address and the listing goes in with the city Tucson instead of Oro Valley.

The only true way to isolate Oro Valley results is to only search on three zip codes 85737, 85755, and 85704. Not all of 85704 is in Oro Valley.

Here is what I can tell you about the Northwest Statistics released for March 07.

Description

Feb 07

Mar 07

Number of Sold Units

229

303

YTD Sold Listings

483

786

Average Days on Market

70

69

Active Listings

2614

2682

New Listings

619

690

  • 74 More sold units in March than February
  • Average Days on Market 1 day less
  • Active Listings up by 68
  • New Listings up by 71

What does this mean. We have the highest number of homes for a Tucson Area on the market in March. Almost 25% of the homes available were in the Northwest. The most homes sold were in the Northwest with 303 the next closest area was Central with 180 sold. The average sale price in the Northwest was $306,963 for the Tucson area it was $276,486 putting Oro Valley homes on average $30,477 higher than the Tucson are average.

Oro Valley is a desirable place to live. There are a lot of activities and places to shop around town. There are a number of active adult communities and some wonderful schools. It all adds up to a great place to call home.