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January 10, 2008

Marana, AZ Market Update for December 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: 22.0%*

Average November 2007 December 2007 % Change
Asking Price $420,618 $366,415 -12.9%
Sales Price $397,302 $348,474 -12.3%
% of Asking Price 94% 95% 1.0%
$/SQFT $185 $160 -13.5%
Days on Market 93 102 9.7%
Total Transactions 27 24 -11.1%

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 1/10/2008: 683 properties on the market with 150 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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