While we strive for accuracy, the availability of foreclosure properties listed on our site is not guaranteed due to ever-changing market conditions. We invite you to explore other categories, including pre-foreclosures, offering valuable real estate investment opportunities.
Start by searching for available pre-foreclosure properties in your area. These properties aren't usually listed for sale, which means there's less competition from other buyers. Additionally, pre-foreclosures are often sold below market rate, making them great real estate deals. Don't miss out on this opportunity to get a great deal on a foreclosed property
Catalina Foothills: An affluent neighborhood which is famous for its beautiful views and expensive housing is known as Catalina foothills. This neighborhood is located at the north of Tucson and it has a desert landscape that could offer a luxurious lifestyle. However, though it is usually an upscale area, there are foreclosures in Catalina Foothills that present excellent opportunities to buy property in a prestigious locality with high appreciation rates.
Central Tucson: Comprises Sam Hughes and Blenman-Elm neighborhoods with such features as old-style dwellings that charm and nearness to Arizona University. The foreclosures this place offers opportunity for both families and investors who would like to develop or renovate historical buildings. Which means this is a place where people will always want to live hence having good returns on investments.
Oro Valley: Found northwest of Tucson, is a residential community popularly known as family-friendly suburb due to its well performing schools and recreational activities available throughout the year outside the house. This community entails new homes mixed with already established residences. Such foreclosure houses have an advantage over other locations because they situate within areas where city-like facilities exist but suburban environments prevail.
East Tucson: East side includes Tanque Verde district among others and Bear Creek District that combines aspects of urbanization as well as agriculture in one location. It has vast properties and nearness to Rincon Mountains characterizes this part of Tucson. Foreclosed properties in East Tucson are better for those who want to acquire large homes on bigger pieces of land closer to urban centers yet with open spaces all around them.
South Tucson: South side contains rich cultural heritage including Hispanic population majority in it; thus being diverse enough for cheap accommodation alternatives making the region attractive toward first time homeownership categories plus investors alike.Theres been renovation going on in this area however; here foreclosures can be a good deal for investors wishing to invest in a place with potential for growth and development.
These Tucson neighborhoods all present opportunities for foreclosure investment buyers. In each of these areas, there are some unique aspects as well as chances for expansion, which makes them very popular among people interested in owning houses or purchasing properties.
Median Price (12 Mo): $387,500
Median Single-Family Price: $400,000
Median Townhouse Price: $275,000
Median 2-Bedroom Price: $325,000
Median 1-Bedroom Price: $215,000
Average Price Per Sq Ft: $221
Number of Homes for Sale: Approximately 1,200
Last 12 Months Home Sales: Approximately 14,500 units (down 3% YoY)
Months of Supply: 3.0 months
Median List Price: $395,000
Median Discount From 1st List Price: 2.8%
Median Home Sale Price YoY Change: -2.2%
Percentage Rate of Foreclosure: 0.6%
Foreclosure Data:
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