Tucson Luxury Real Estate Statistics for Summer 2014
If you’re in the market to buy or sell a Tucson luxury home, it’s important to know the current state of the market. This will help you know how to properly price your home and will prepare you for any challenges you might encounter during your home buying and selling journey.
In the Tucson Luxury real estate market, June 2014 active inventory was 269, a 21% increase from June 2013. There were 19 closings in June 2014, a 58% increase from June 2013. Months of Inventory was 14.2, down from 18.5 in June 2013. Median price of sold homes was $970,000 for the month of June 2014, up 2% from June 2013. The Tucson Luxury real estate market area had 11 new properties under contract in June 2014, down 27% from June 2013.
This data includes information for residential luxury properties priced $800,000 and above in TARMLS for the Tucson Metro Area. Real Estate remains very localized and market conditions can vary greatly by not only geographic area but also by price range. Please feel free to contact us at The Residences at The Ritz-Carlton, Dove Mountain for more information on Tucson luxury real estate .
If you’re in the market to purchase a new luxury home in Tucson, Arizona, consider the properties at The Residences, Dove Mountain. There’s no place quite like it – anywhere. Nestled high in the Sonoran Desert, yet just a short drive to downtown Tucson, this exclusive custom Southern Arizona community offers spectacular vistas of towering saguaro cactus and the magnificent Tortolita mountains beyond.
No other private luxury home community in Tucson offers the same activities or luxury amenities just steps from your door. Like the Jack Nicklaus Signature Golf course, the luxurious amenities of the renowned Ritz-Carlton, Dove Mountain Resort, or the more than 800 acres of natural desert beauty that are perfect for hiking, biking and horseback riding.
As for the homes themselves, well, they are in a category all their own. Our expansive custom homesites will give you the opportunity to design the luxury desert custom home of your dreams. Ranging in size from two to seven acres and located in the Rockpoint Ridge enclave, the custom estate homesites occupy some of the most picturesque real estate in Dove Mountain, with panoramas of box canyons and boulder-strewn mountainsides by day and the shimmering lights of Tucson in the evening.
If you’d rather enjoy your home at The Residences at The Ritz-Carlton, Dove Mountain more quickly you can select one of our eight superb floor plans, which can be finished to meet your specific wants and desires. Combined with your desires and the expertise of our design staff, your residence will emerge as a most distinctive home, a reflection of your family and your lifestyle. Luxury custom homes in The Residences range from 1,668 to 5,460 square feet with prices beginning in the high $600s.
For more information, contact us.