Tucson 85710 2-bed condo DOM 58 days — inventory up 45%

2-bed condos in Tucson 85710 sitting 58 days, up from 35 last July. Inventory 42 units vs 29 last year. Sale-to-list 5.1% below asking. Price cuts common.

The Tucson condo market (85710 zip code, east side) is cooling. 2-bedroom condos are sitting 58 days on market, up from 35 days last July. That's a 66% increase in DOM.

Active inventory: 42 units, up from 29 last year (+45%). More choices for buyers, more competition for sellers.

Sale-to-list ratio: 94.9% (5.1% below asking). Sellers are negotiating. A unit listed at $225k typically sells for $213-215k.

Price cuts: 60% of current listings have had at least one price reduction. Average cut: $10-15k.

What's driving this? Higher interest rates (6.8% for 30-year fixed) are pricing out first-time buyers. New construction condos are also competing with existing inventory.

For buyers: You have leverage. Negotiate aggressively. Ask for seller concessions (closing costs, rate buydowns).

For sellers: Price right from day one. Overpricing leads to stale listings and lowball offers.

TL;DR: Tucson 85710 condos sitting 58 days (up from 35). Inventory up 45%. Sale-to-list 94.9%. Buyers have leverage.