Tucson Association of REALTORS® For Immediate Release ... · Tucson Association of REALTORS®...
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Tucson Association of REALTORS® Multiple Listing Service Monthly Rental Statistics November 2015 The Tucson Multiple Listing Service, Inc. is a wholly owned subsidiary of the Tucson Association of REALTORS®, dedicated to providing a reliable real estate database for members and the public. The Association represents the interests of 5,400 professionals in the real estate industry, and is affiliated with the National Association of REALTORS®. REALTOR® is a registered collective membership mark which may only be used by professionals who are members and subscribe to its strict code of ethics. The Rental Statistics summarize the active inventory, rented inventory, and days on market for each rental property type. Below are some highlights from the November Rental Statistics: Total Active listings for November were 660. The number of properties rented this month was 269. The Average monthly rent for Apartments was $526. The Average monthly rent for Condominiums was $774. The Average monthly rent for Mobile Homes was $0. The Average monthly rent for Manufactured Single Family Residence’s was $1,016. The Average monthly rent for Patio Homes was $950. The Average monthly rent for Plex’s was $626. The Average monthly rent for Single Family Residence’s was $1,291. The Average monthly rent for Townhomes was $1,015. Average Days on Market was 49. Henry Zipf 2015 TARMLS President Lifestyle Opportunities: No matter what area or type of home you are interested in, you have a variety of options. Financial: Multiple financing opportunities are available Talk to a REALTOR®! With the complexity of a real estate transaction, you need a REALTOR®. For Immediate Release: December 8, 2015 CONTACT: Henry Zipf TARMLS President (520) 444-5672 Sean Murphy Vice President, MLS (520) 382-8792 Marc Lebowitz, RCE, CAE CEO, TARMLS (520) 327-4218 1
Transcript of Tucson Association of REALTORS® For Immediate Release ... · Tucson Association of REALTORS®...
Tucson Association of REALTORS®
Multiple Listing Service Monthly Rental Statistics
November 2015
The Tucson Multiple Listing Service, Inc. is a wholly owned subsidiary of the Tucson Association of REALTORS®, dedicated
to providing a reliable real estate database for members and the public. The Association represents the interests of 5,400
professionals in the real estate industry, and is affiliated with the National Association of REALTORS®. REALTOR® is a
registered collective membership mark which may only be used by professionals who are members and subscribe to its
strict code of ethics.
The Rental Statistics summarize the active inventory, rented inventory, and days on market for each rental property type. Below are some highlights from the November Rental Statistics:
Total Active listings for November were 660.
The number of properties rented this month was 269.
The Average monthly rent for Apartments was $526.
The Average monthly rent for Condominiums was $774.
The Average monthly rent for Mobile Homes was $0.
The Average monthly rent for Manufactured Single Family
Residence’s was $1,016.
The Average monthly rent for Patio Homes was $950.
The Average monthly rent for Plex’s was $626.
The Average monthly rent for Single Family Residence’s was $1,291.
The Average monthly rent for Townhomes was $1,015.
Average Days on Market was 49.
Henry Zipf 2015 TARMLS President
Lifestyle Opportunities: No matter what area or type of home you are interested in, you have a variety of options. Financial: Multiple financing opportunities are available Talk to a REALTOR®! With the complexity of a real estate
transaction, you need a REALTOR®.
For Immediate
Release:
December 8, 2015 CONTACT: Henry Zipf TARMLS President (520) 444-5672 Sean Murphy Vice President, MLS (520) 382-8792 Marc Lebowitz, RCE, CAE CEO, TARMLS (520) 327-4218
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PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an
approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity
in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed
to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
© Copyright 2015 Tucson Association of REALTORS® Multiple Listing Service, Inc. www.tarmls.com · www.tucsonrealtors.org
Rentals - Unfurnished Only
Active Listings November 2015 – 660
Rented During November 2015 - 269
180
49
69
25
129
42
67
26 36
0 4
30
3 0 0
20
40
60
80
100
120
140
160
180
200
C E N NE NW S SE SW W XNE XNW XS XSW XW
57
21
43
12
42
21
33
8
14
0 1
14
1 2
0
10
20
30
40
50
60
C E N NE NW S SE SW W XNE XNW XS XSW XW
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PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an
approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity
in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed
to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
© Copyright 2015 Tucson Association of REALTORS® Multiple Listing Service, Inc. www.tarmls.com · www.tucsonrealtors.org
Rented Listings for November 2015
Avg Rent for Apartments November 2015
C E N NE NW S SE SW W XNE XNW XS XSW XW
APT 526 0 0 0 0 0 0 0 0 0 0 0 0 0
CND 705 575 906 741 525 0 0 0 850 0 0 0 550 0
MH 0 0 0 0 0 0 0 0 0 0 0 0 0 0
MSFR 0 1500 0 0 0 0 0 0 875 0 675 0 0 0
PAT 0 0 0 950 0 0 0 0 0 0 0 0 0 0
PLEX 625 795 0 0 0 524 0 0 695 0 0 0 0 0
SFR 1027 1064 2156 1336 1354 1062 1083 995 1120 0 0 1292 0 900
TH 857 1072 1187 0 1050 806 0 0 775 0 0 0 0 950
0
500
1000
1500
2000
2500
Average Rent Amount
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2011 504 436 566 437 555 515 454 535 486 532 485 531
2012 575 463 600 674 510 548 625 512 512 725 466 541
2013 473 479 550 450 461 550 597 532 500 541 572 491
2014 600 650 547 550 435 457 463 469 450 571 430 433
2015 456 558 700 647 537 523 515 605 495 558 526
Avg Rent for Apartments
Area # of Listings
C 57
E 21
N 43
NE 12
NW 42
S 21
SE 33
SW 8
W 14
XNE 0
XNW 1
XS 14
XSW 1
XW 2
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PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an
approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity
in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed
to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
© Copyright 2015 Tucson Association of REALTORS® Multiple Listing Service, Inc. www.tarmls.com · www.tucsonrealtors.org
Avg Rent for Condos November 2015
Avg Rent for Mobile Homes November 2015
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2011 857 1,073 844 814 868 959 873 854 783 867 831 817
2012 739 768 892 851 847 829 820 879 812 815 828 755
2013 784 824 935 751 832 874 745 848 873 833 769 806
2014 778 747 763 763 813 868 782 805 911 825 822 795
2015 821 794 799 855 793 829 863 915 834 817 774
0
200
400
600
800
1,000
1,200Avg Rent for Condos
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2011 671 630 612 621 664 687 660 824 714 485 637 562
2012 795 650 656 515 450 900 0 497 612 500 0 450
2013 0 0 607 795 562 1,050 750 0 450 700 650 700
2014 725 675 0 950 0 750 658 0 735 635 0 580
2015 495 692 0 850 700 750 695 0 350 0 0
Avg Rent for Mobile Homes
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PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an
approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity
in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed
to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
© Copyright 2015 Tucson Association of REALTORS® Multiple Listing Service, Inc. www.tarmls.com · www.tucsonrealtors.org
Avg Rent for MSFR November 2015
Avg Rent for Patio Homes November 2015
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2011 0 0 0 0 0 0 0 950 775 775 808 781
2012 724 842 736 825 616 846 848 600 825 887 825 598
2013 831 825 796 962 831 784 804 838 877 786 733 785
2014 840 500 825 670 837 815 866 800 708 700 785 737
2015 0 792 855 600 850 902 915 662 815 839 1,016
Avg Rent Manufactured Single Family Residence
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2011 0 1,012 850 983 1,148 1,098 1,069 1,150 1,400 1,237 0 725
2012 1,250 936 895 1,091 1,186 1,193 1,250 1,296 1,113 1,475 980 1,435
2013 1,350 1,000 1,110 725 0 1,050 1,331 1,170 1,325 1,383 1,072 700
2014 0 976 1,088 867 1,052 0 926 1,287 1,000 1,350 975 975
2015 1,375 0 1,243 1,020 922 1,522 1,200 1,098 0 1,375 950
0
200
400
600
800
1,000
1,200
1,400
1,600Avg Rent for Patio Homes
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PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an
approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity
in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed
to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
© Copyright 2015 Tucson Association of REALTORS® Multiple Listing Service, Inc. www.tarmls.com · www.tucsonrealtors.org
Avg Rent for Multiplex Homes November 2015
Avg Rent for SFR Homes November 2015
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2011 595 603 608 623 608 609 663 610 627 611 613 574
2012 629 582 576 590 697 599 636 675 619 631 599 573
2013 625 587 635 658 578 675 589 797 622 634 621 675
2014 625 602 615 651 617 634 660 701 639 649 613 576
2015 606 547 611 600 614 690 699 815 687 652 626
0
100
200
300
400
500
600
700
800
900Avg Rent for Plex
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2011 1,188 1,084 1,999 1,190 1,308 1,296 1,288 1,250 1,309 1,152 1,178 1,259
2012 1,188 1,186 1,187 1,229 1,202 1,244 1,284 1,304 1,268 1,239 1,168 1,210
2013 1,170 1,143 1,188 1,210 1,197 1,262 1,254 1,262 1,226 1,203 1,184 1,154
2014 1,217 1,166 1,171 1,212 1,207 1,253 1,276 1,264 1,184 1,193 1,142 1,177
2015 1,198 1,176 1,168 1,207 1,227 1,258 1,265 1,293 1,250 1,238 1,291
0
500
1,000
1,500
2,000
2,500Avg Rent for Single Family Residence
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PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an
approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity
in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed
to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
© Copyright 2015 Tucson Association of REALTORS® Multiple Listing Service, Inc. www.tarmls.com · www.tucsonrealtors.org
Avg Rent for Townhomes – November 2015
Average Days on Market/Listing
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2011 885 940 1,040 953 938 944 931 991 1,047 1,016 962 1,015
2012 966 898 977 984 917 976 1,017 999 952 904 937 942
2013 929 895 894 917 949 887 1,030 1,003 935 944 894 896
2014 878 956 1,086 969 1,008 958 948 981 949 1,059 969 907
2015 936 972 926 1,028 949 964 956 938 920 961 1,015
0
200
400
600
800
1,000
1,200Avg Rent forTownhomes
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
2013 51 57 50 57 48 45 44 44 48 52 58 59
2014 60 56 55 51 47 44 40 43 47 55 58 62
2015 63 62 57 50 50 46 41 39 44 46 49
Area Avg. DOM
C 60
E 54
N 65
NE 32
NW 30
S 54
SE 38
SW 54
W 33
XNE 0
XNW 18
XS 56
XSW 45
XW 24
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PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an
approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity
in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed
to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
© Copyright 2015 Tucson Association of REALTORS® Multiple Listing Service, Inc. www.tarmls.com · www.tucsonrealtors.org
Average Single Family price per # of bedrooms – November 2015
Average Attached Home price per # of bedrooms – November 2015
C E N NE NW S SE SW W XNE XNW XS XSW XW
1 bedroom 895 0 0 0 0 0 0 0 0 0 0 0 0 0
2 bedrooms 919 0 1,156 0 1,030 925 916 800 1,350 0 0 0 0 900
3 bedrooms 1,114 1,026 1,861 1,260 1,247 1,028 1,034 1,125 1,072 0 0 1,177 0 0
4 bedrooms 1,200 1,168 2,200 1,372 1,605 1,135 1,317 1,048 1,175 0 0 1,237 0 0
5+ bedrooms 0 0 3,238 1,649 1,450 0 0 0 0 0 0 1,633 0 0
0
500
1,000
1,500
2,000
2,500
3,000
3,500Avg Rent for Single Family Residence
C E N NE NW S SE SW W XNE XNW XS XSW XW
1 bedroom 635 500 838 0 525 0 0 0 0 0 0 0 550 0
2 bedrooms 801 822 1067 793 1050 735 0 0 812 0 0 0 0 0
3 bedrooms 895 1150 1215 0 0 950 0 0 0 0 0 0 0 950
4 bedrooms 0 0 0 0 0 0 0 0 0 0 0 0 0 0
5+ bedrooms 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0
200
400
600
800
1000
1200
1400Avg Rent for Attached Home
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PLEASE NOTE: The data contained in this report is dynamic in nature and therefore subject to change and adjustment with the passage of time. These figures and charts are an
approximation of the flow of business as observed through the Tucson Association of REALTORS® Multiple Listing Service. This report does not represent all real estate activity
in the area as it does not include unrepresented sales, commercial sales or a substantial portion of new home sales. Though the data and materials presented here are deemed
to be substantially correct, neither the Tucson Association of REALTORS® nor the MLS guarantees, or is in any way responsible for its accuracy.
© Copyright 2015 Tucson Association of REALTORS® Multiple Listing Service, Inc. www.tarmls.com · www.tucsonrealtors.org
Average 2-Plex & Apartment price per # of bedrooms – November 2015
Average Days on Market/Listing for November 2015 Breakdown
C E N NE NW S SE SW W XNE XNW XS XSW XW
1 bedroom 504 0 0 0 0 0 0 0 0 0 0 0 0 0
2 bedrooms 648 795 0 0 0 550 0 0 695 0 0 0 0 0
3 bedrooms 808 0 0 0 0 499 0 0 0 0 0 0 0 0
4 bedrooms 0 0 0 0 0 0 0 0 0 0 0 0 0 0
5+ bedrooms 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0
100
200
300
400
500
600
700
800
900Avg Rent for 2-Plex & Apt.
1-30 Days 114
42.4%
31-60 Days 74
27.5%
61-90 Days 48
17.8%
91-120 Days 18
6.7%
121-180 Days 8
3.0%
Over 180 Days 7
2.6%
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