Tucson Association of REALTORS® Multiple Listing Service

For Immediate

Release:

September 6, 2013

Tucson Association of REALTORS?

For

Multiple Listing Service

SALE

Monthly Rental Statistics

August 2013

CONTACT:

Sue Cartun

TARMLS President

(520) 529-5126

Sean Murphy

Vice President, MLS

(520) 382-8792

Philip Tedesco, RCE, CAE

CEO, TAR & MLS

(520) 327-4218

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?.

The Rental Statistics summarize the active inventory, rented

inventory, and days on market for each rental property type.

Below are some highlights from the August Rental Statistics:

?

Total Active listings for August were 1,043.

?

The number of properties rented this month was 435.

?

The Average monthly rent for Apartments was $532.

?

The Average monthly rent for Condominiums was $848.

?

The Average monthly rent for Mobile Homes was $0.

?

The Average monthly rent for Manufactured Single Family

Residence¡¯s was $838.

?

The Average monthly rent for Patio Homes was $1,170.

?

The Average monthly rent for Plex¡¯s was $797.

?

The Average monthly rent for Single Family Residence¡¯s

was $1,262.

?

The Average monthly rent for Townhomes was $1,003.

?

Average Days on Market was 44.

Sue Cartun

2012-2013 TARMLS President

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

1

strict code of ethics.

Rentals - Unfurnished Only

Active August Listings - 1043

350

292

300

224

250

200

150

111

90

100

74

55

58

50

39

31

47

0

15

6

1

0

c

e

n

ne

nw

s

se

sw

w

24

21

xne

xnw

xs

xsw

xw

Rented During August - 435

140

122

120

100

88

80

60

52

36

40

27

18

20

30

12

0

2

2

1

0

c

e

n

ne

nw

s

se

sw

w

xne

xnw

xs

xsw

xw

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 2011 Tucson Association of REALTORS? Multiple Listing Service, Inc.

¡¤

2

Rented Listings for July 2013

Area

Average August Rent Amount

2000

1800

1600

1400

1200

1000

800

600

400

200

0

C

APT

532

CND

796

E

N

NE

NW

821

975

648

705

S

SE

SW

W

XNE

700

995

XNW

XS

XSW

XW

850

850

# of Listings

c

e

n

ne

nw

s

se

sw

w

xne

xnw

xs

xsw

xw

292

55

111

31

224

58

90

39

47

0

6

74

15

1

MH

MSFR

797

PAT

1050

PLEX

797

SFR

1328

795

1422

1007

1749

900

1187

1516

1307

750

978

1222

995

1159

1200

1161

975

Avg Rent for Apartments August 2013

Avg Rent for Apartments

800

700

600

500

400

300

200

100

0

January

February

March

April

May

June

July

August

September

October

2011

504

504

504

504

504

504

504

504

504

504

November December

504

504

2012

575

463

600

674

510

548

625

512

512

725

466

541

2013

473

479

550

450

461

550

597

532

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 2011 Tucson Association of REALTORS? Multiple Listing Service, Inc.

¡¤

3

Avg Rent for Condos August 2013

Avg Rent for Condos

1,200

1,000

800

600

400

200

0

January

February

March

April

May

June

July

August

September

October

20112

857

1,073

844

814

868

959

873

854

783

867

November December

831

817

20122

739

768

892

851

847

829

820

879

812

815

828

755

2013

784

824

935

751

832

874

745

848

Avg Rent for Mobile Homes August 2013

Avg Rent for Mobile Homes

1,200

1,000

800

600

400

200

0

January

February

March

April

May

June

July

August

September

October

2011

671

630

612

621

664

687

660

824

714

485

2012

795

650

656

515

450

900

497

612

500

2013

0

0

607

795

562

1,050

750

November December

637

562

450

0

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 2011 Tucson Association of REALTORS? Multiple Listing Service, Inc.

¡¤

4

Avg Rent for MSFR August 2013

Avg Rent Manufactured Single Family Residence

1200

1000

800

600

400

200

0

January

February

March

April

May

June

July

2011

August

September

October

950

775

775

808

781

825

887

825

598

2012

724

842

736

825

616

846

848

600

2013

831

825

796

962

831

784

804

838

November December

Avg Rent for Patio Homes August 2013

Avg Rent for Patio Homes

1,600

1,400

1,200

1,000

800

600

400

200

0

January

2011

February

March

April

May

June

July

August

September

October

1,012

850

983

1,148

1,098

1,069

1,150

1,400

1,237

1,113

1,475

2012

1,250

936

895

1,091

1,186

1,193

1,250

1,296

2013

1,350

1,000

1,110

725

0

1,050

1,331

1,170

November December

725

980

1,435

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 2011 Tucson Association of REALTORS? Multiple Listing Service, Inc.

¡¤

5

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