The percentage of list price is found when dividing a listing's sales price by the current list price, then taking the average or median for all sold listings in a given month, The real estate activity compares the communities of Nogales, Rio Rico, Tubac, and the calculation for Santa Cruz County, Arizona derives from all communities to reflect an overall housing market trend for the area. The pending sales do not account for any out of pocket seller concessions for loan costs or home repairs that may have been negotiated during the sales transaction.
