Real Estate Trends in Tucson


 

Tucson homes

Tucson, AZ – The average cost of real estate property in Tucson, AZ dropped to $84 per square foot, a decrease of 9.7% compared to the same period last year. The median sales prices for homes in Tucson, AZ for December 2011 to February 2012 was $112,000 based on 2,579 home sales. Compared to the same period one year ago, the median home sales price decreased by 11% ($13,900) and the number of home sales decreased by 13.3%.

There are currently 6,090 resale and new construction homes in Tucson on Trulia, including 52 open houses, as well as 5,325 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price of homes for sale in Tucson, AZ was $256,374 for the week ending in March 14, which was unchaged compared to the prior week.

When browsing for new homes in Tucson, look for Dorn-built homes that you can trust to be stylish, comfortable, convenient, and energy-efficient. Dorn Homes, the most reliable among home builders in Tucson, strives to provide stylish and energy-efficient custom homes in Tucson and other prime cities in Arizona at a competitive price. We will help you pick the right location for your Arizona home. As a premiere Arizona Custom Home Builder, you can also expect Dorn Homes to work with you, respond to your queries, and help you out in any way we can.

 

Source: trulia.com

 

Advertisements

Prescott Valley on General Plan 2025


Prescott Real Estate

Prescott, AZ – The Planning and Zoning Commission has recently discussed four chapters or fundamentals of the General Plan 2025. The meeting began at 5:30 PM, Monday at the library auditorium, 7401 E. Civic Circle.

The council, composed of six members who act as advisory body to the Town Council, furthers that The General Plan would consist of community goals and development policies for the next 10 to 20 years. These will include texts, maps, and diagrams. Likewise, the commission has already conducted public hearings on chapters 3 through 6 which cover Growth Area Element, Land Use, Housing, and Circulation.

Chapter 3 aims to provide guidance for growth in Prescott Valley that is “logical and healthy”, and will improve the quality of life in the entire community.

Meanwhile, Chapter 4 and Chapter 5 emphasize Land Use and Housing, respectively. Although the latter was reported not to exist in the previous update, it emphasized “the availability and affordability of a variety of housing options [that are] critical for the continued growth and success of any community”.

Chapter 6 tackles Circulation and “focuses on the movement of vehicles, pedestrians, bicycles and other forms of transportation through the existing and future roads and trail system”.

The update has a total of 12 chapters while the rest are yet to be reviewed before the commission.

The news seems favorable to property developers especially that it tackled the establishment of affordable homes in Prescott.

When browsing for sturdy, stylish, and energy-efficient homes, look for Dorn Homes, one of the leading home builders in Prescott. With over 35 years of experience, Dorn Homes has built and designed new homes in Prescott that are both elegant and affordable.

Source: Prescott Valley Tribune