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December 11, 2007

Marana, AZ Market Update for November 2007

Here are the latest real estate market statistics for Marana, AZ area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 23.1%*

Average October 2007 November 2007 % Change
Asking Price $343,528 $380,599 10.8%
Sales Price $307,886 $355,201 15.4%
% of Asking Price 90% 93% 3.0%
$/SQFT $151 $173 14.69%
Days on Market 132 138 4.5%
Total Transactions 40 33 -17.5%

Search for homes in Marana, AZ and read a neighborhood overview of the Marana, AZ area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 12/7/2007: 680 properties on the market with 157 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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