Link to the Tucson Housing Report

http://azhousingstats.longrealtyblogs.com/?cat=11

Above is link to the Tucson Housing Report for sales through August 2009.

Saddlebrooke is Tucson's Premier Active Adult Retirement Community.
In Saddlebrooke, through Sept. 15th, 2009, we had 85 closed sales versus 107 for the same period in 2008. There are 16 homes that are under contract as of that date. If the uptrend in sales continues we may top last year's total of 125 sales. Last fall with the financial markets in turmoil, sales in the 4th quarter really tanked.
Prices are down year-over-year around 11-12 %. However, since the end of the first quarter of 2009, the average price has increased 2.84% and the median price is up 13.37%. There are still a lot of nice homes that represent good values in Saddlebrooke. I believe we'll look back to the 1st Quarter of 2009 as the market bottom, absent some international calamity.
If you have been watching and waiting to buy, now may be the best time to jump in and buy before prices start escalating.