Nogales Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Nogales averaged
6.46%
for the week of 2022-12-01, compared to the national average of
6.49% for the same period.
The average rate for the prior week (2022-11-23) was
6.75% and
one month ago for the week of 2022-10-27, the
average rate was 7.05%.
Nogales's average rate one year ago was 3.35%.
For refis of the same type during the week of 2022-12-01, the average rate
was 6.66%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-12-01 | 6.49% |
| Nogales 30 Year Fixed Rate | 2022-12-01 | 6.46% |
| Nogales 30 Year Fixed Rate Refi | 2022-12-01 | 6.66% |
| Nogales 15 Year Fixed Rate | 2022-12-01 | 5.6% |
| Nogales 15 Year Fixed Rate Refi | 2022-12-01 | 5.83% |
| Nogales 30 Year FHA | 2022-12-01 | 6.74% |
| Nogales 30 Year FHA Refi | 2022-12-01 | 6.44% |
| Nogales 30 Year USDA | 2022-12-01 | 6.24% |
| Nogales 30 Year USDA Refi | 2022-12-01 | 6.11% |
| Nogales 30 Year VA | 2022-12-01 | 6.5% |
| Nogales 30 Year VA Refi | 2022-12-01 | 5.99% |
Nogales Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Nogales, AZ market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Nogales Average Closing Costs & Other Stats
Nogales, AZ's 106 lenders originated 1,658
loans during 2021. The total origination value was $328,820,000, with an average loan value of
$198,323.
Nogales's average closing costs are $4,378.
The top Nogales lender as defined by loan originations is SUNSTREET MORTGAGE, LLC, with
203 loans originated. Their average total fees are
$4,234, which is $207
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Nogales lenders (with over 10 loans originated) are
ALTITUDE FINANCIAL CORPORATION ($2,751), NOVA FINANCIAL & INVESTMENT CORPORATION ($2,934), JPMorgan Chase Bank ($3,084), Wells Fargo Bank ($3,711) and SUNSTREET MORTGAGE, LLC ($4,234).
The lowest rate Nogales lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (3.07%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (3.07%), QUICKEN LOANS, LLC (3.09%), LOANDEPOT.COM, LLC (3.11%) and ALTITUDE FINANCIAL CORPORATION (3.11%).
Nogales, AZ Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| SUNSTREET MORTGAGE, LLC | $77,095,000 | $90,300,000 | 17.1% | 27.5% |
| QUICKEN LOANS, LLC | $28,230,000 | $29,420,000 | 4.2% | 8.9% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $22,010,000 | $21,775,000 | -1.1% | 6.6% |
| ALTITUDE FINANCIAL CORPORATION | $1,290,000 | $16,605,000 | 1,187.2% | 5.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $10,610,000 | $13,080,000 | 23.3% | 4.0% |
| LOANDEPOT.COM, LLC | $6,825,000 | $10,505,000 | 53.9% | 3.2% |
| FREEDOM MORTGAGE CORPORATION | $7,850,000 | $8,725,000 | 11.1% | 2.7% |
| PENNYMAC LOAN SERVICES, LLC | $3,645,000 | $7,975,000 | 118.8% | 2.4% |
| Wells Fargo Bank | $5,985,000 | $7,685,000 | 28.4% | 2.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,060,000 | $5,415,000 | 33.4% | 1.6% |
| JPMorgan Chase Bank | $2,950,000 | $5,340,000 | 81.0% | 1.6% |
| GUARANTEED RATE, INC. | $3,950,000 | $5,335,000 | 35.1% | 1.6% |
| GUILD MORTGAGE COMPANY | $6,030,000 | $4,785,000 | -20.6% | 1.5% |
| PIMA Federal Credit Union | $350,000 | $4,330,000 | 1,137.1% | 1.3% |
| Zions Bancorporation, N.A. | $2,420,000 | $3,515,000 | 45.2% | 1.1% |
| AMERISAVE MORTGAGE CORPORATION | $2,235,000 | $2,965,000 | 32.7% | 0.9% |
| Mortgage Research Center, LLC | $2,775,000 | $2,860,000 | 3.1% | 0.9% |
| V.I.P. MORTGAGE, INC. | $3,310,000 | $2,805,000 | -15.3% | 0.9% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,150,000 | $2,665,000 | 24.0% | 0.8% |
| NEWREZ LLC | $1,060,000 | $2,440,000 | 130.2% | 0.7% |
| HOME POINT FINANCIAL CORPORATION | $670,000 | $2,360,000 | 252.2% | 0.7% |
| CALIBER HOME LOANS, INC. | $2,575,000 | $2,255,000 | -12.4% | 0.7% |
| Capital One | $2,205,000 | n/a | 0.7% | |
| First American Bank | $7,265,000 | $2,155,000 | -70.3% | 0.7% |
| Washington Federal Bank | $3,195,000 | $1,995,000 | -37.6% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $1,420,000 | $1,875,000 | 32.0% | 0.6% |
| MORIA DEVELOPMENT, INC. | $885,000 | $1,640,000 | 85.3% | 0.5% |
| GENEVA FINANCIAL, LLC | $790,000 | $1,625,000 | 105.7% | 0.5% |
| CLEARPATH LENDING | $1,240,000 | $1,575,000 | 27.0% | 0.5% |
| NEW DAY FINANCIAL, LLC | $1,005,000 | $1,555,000 | 54.7% | 0.5% |
| U.S. Bank | $2,255,000 | $1,520,000 | -32.6% | 0.5% |
| GUARANTEED RATE AFFINITY, LLC | $2,690,000 | $1,480,000 | -45.0% | 0.5% |
| Lend Smart Mortgage, LLC | $910,000 | $1,430,000 | 57.1% | 0.4% |
| BETTER MORTGAGE CORPORATION | $275,000 | $1,420,000 | 416.4% | 0.4% |
| Ally Bank | $270,000 | $1,350,000 | 400.0% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,770,000 | $1,300,000 | -26.6% | 0.4% |
| USAA Federal Savings Bank | $1,335,000 | $1,295,000 | -3.0% | 0.4% |
| CMG MORTGAGE, INC. | $545,000 | $1,270,000 | 133.0% | 0.4% |
| VANTAGE WEST | $1,220,000 | $1,250,000 | 2.5% | 0.4% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $900,000 | $1,220,000 | 35.6% | 0.4% |
| BROKER SOLUTIONS, INC. | $1,410,000 | $1,215,000 | -13.8% | 0.4% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,150,000 | $1,130,000 | -47.4% | 0.3% |
| Prosperity Home Mortgage, LLC | $1,835,000 | $1,105,000 | -39.8% | 0.3% |
| InterContinental Capital Group, Inc | $135,000 | $1,085,000 | 703.7% | 0.3% |
| Nations Lending Corporation | $1,080,000 | $1,075,000 | -0.5% | 0.3% |
| Flagstar Bank, FSB | $1,620,000 | $1,040,000 | -35.8% | 0.3% |
| Northwest Farm Credit Services, FLCA | $995,000 | n/a | 0.3% | |
| SUN WEST MORTGAGE COMPANY, INC. | $615,000 | $985,000 | 60.2% | 0.3% |
| GSF Mortgage Corporation | $860,000 | n/a | 0.3% | |
| AmeriHome Mortgage Company, LLC | $435,000 | $855,000 | 96.6% | 0.3% |
| FINANCE OF AMERICA MORTGAGE LLC | $850,000 | n/a | 0.3% | |
| Bank of America | $1,025,000 | $815,000 | -20.5% | 0.2% |
| PNC Bank | $785,000 | n/a | 0.2% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $760,000 | n/a | 0.2% | |
| MOVEMENT MORTGAGE, LLC | $225,000 | $750,000 | 233.3% | 0.2% |
| LOANPAL, LLC | $155,000 | $745,000 | 380.6% | 0.2% |
| Carrington Mortgage Services, LLC | $305,000 | $720,000 | 136.1% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,195,000 | $680,000 | -43.1% | 0.2% |
| ACADEMY MORTGAGE CORPORATION | $735,000 | $675,000 | -8.2% | 0.2% |
| VILLAGE CAPITAL & INVESTMENT LLC | $745,000 | $670,000 | -10.1% | 0.2% |
| STARBOARD FINANCIAL MANAGEMENT, LLC | $340,000 | $635,000 | 86.8% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $705,000 | $605,000 | -14.2% | 0.2% |
| BAY EQUITY LLC | $395,000 | $600,000 | 51.9% | 0.2% |
| LOANSNAP, INC. | $570,000 | n/a | 0.2% | |
| PLANET HOME LENDING, LLC | $620,000 | $560,000 | -9.7% | 0.2% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $530,000 | n/a | 0.2% | |
| The Federal Savings Bank | $1,310,000 | $530,000 | -59.5% | 0.2% |
| Golden Empire Mortgage, Inc. | $525,000 | n/a | 0.2% | |
| Manufacturers and Traders Trust Company | $520,000 | n/a | 0.2% | |
| Wyndham Capital Mortgage, Inc. | $515,000 | n/a | 0.2% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $495,000 | n/a | 0.2% | |
| AMERICAN INTERNET MORTGAGE, INC. | $175,000 | $490,000 | 180.0% | 0.1% |
| CENTENNIAL LENDING, LLC | $490,000 | n/a | 0.1% | |
| HUNT MORTGAGE CORPORATION | $475,000 | n/a | 0.1% | |
| ML Mortgage Corp. | $470,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $470,000 | n/a | 0.1% | |
| AMERICAN ADVISORS GROUP | $175,000 | $465,000 | 165.7% | 0.1% |
| Quontic Bank | $445,000 | n/a | 0.1% | |
| Great Western Bank | $435,000 | n/a | 0.1% | |
| Landings Credit Union | $425,000 | n/a | 0.1% | |
| Magnolia Bank | $415,000 | $425,000 | 2.4% | 0.1% |
| INTERLINC MORTGAGE SERVICES, LLC | $420,000 | n/a | 0.1% | |
| SUMMIT FUNDING, INC. | $1,200,000 | $415,000 | -65.4% | 0.1% |
| Bank of Colorado | $395,000 | n/a | 0.1% | |
| First Guaranty Mortgage Corporation | $195,000 | $395,000 | 102.6% | 0.1% |
| ZILLOW HOME LOANS, LLC | $185,000 | $395,000 | 113.5% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $385,000 | n/a | 0.1% | |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $285,000 | $365,000 | 28.1% | 0.1% |
| First Credit Union | $440,000 | $365,000 | -17.0% | 0.1% |
| Victorian Finance, LLC | $365,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $95,000 | $355,000 | 273.7% | 0.1% |
| MLD MORTGAGE INC. | $350,000 | n/a | 0.1% | |
| NFM, INC. | $350,000 | n/a | 0.1% | |
| BECKAM FUNDING CORP. | $345,000 | n/a | 0.1% | |
| The Loan Store, Inc. | $345,000 | n/a | 0.1% | |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $340,000 | n/a | 0.1% | |
| WINNPOINTE CORPORATION | $325,000 | n/a | 0.1% | |
| BBVA USA | $900,000 | $320,000 | -64.4% | 0.1% |
| Commerce Home Mortgage, Inc. | $315,000 | n/a | 0.1% | |
| LADERA LENDING, INC. | $315,000 | n/a | 0.1% | |
| PREMIER LENDING, INC. | $315,000 | n/a | 0.1% | |
| BLUE BRICK FINANCIAL LLC | $305,000 | n/a | 0.1% | |
| BOKF | $305,000 | n/a | 0.1% | |
| Merchants Bank of Indiana | $305,000 | n/a | 0.1% | |
| KeyBank | $410,000 | $295,000 | -28.0% | 0.1% |
| Lakeview Community Capital, LLC | $165,000 | $290,000 | 75.8% | 0.1% |
| S1L, Inc. | $290,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $85,000 | $280,000 | 229.4% | 0.1% |
| First Interstate Bank | $205,000 | $275,000 | 34.1% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $275,000 | n/a | 0.1% | |
| CHERRY CREEK MORTGAGE, LLC | $265,000 | n/a | 0.1% | |
| Umpqua Bank | $315,000 | $265,000 | -15.9% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $255,000 | n/a | 0.1% | |
| Glacier Bank | $195,000 | $255,000 | 30.8% | 0.1% |
| Strong Home Mortgage, LLC | $315,000 | $255,000 | -19.0% | 0.1% |
| OneAZ Credit Union | $370,000 | $250,000 | -32.4% | 0.1% |
| GoPrime Mortgage, Inc. | $245,000 | n/a | 0.1% | |
| Loan Simple, Inc. | $245,000 | n/a | 0.1% | |
| TIAA, FSB | $225,000 | $245,000 | 8.9% | 0.1% |
| Amerifirst Financial, Inc. | $240,000 | n/a | 0.1% | |
| Axos Bank | $235,000 | n/a | 0.1% | |
| PYRAMID | $230,000 | n/a | 0.1% | |
| American Mortgage Bank, LLC | $225,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $515,000 | $225,000 | -56.3% | 0.1% |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $225,000 | n/a | 0.1% | |
| Watermark Capital, Inc. | $225,000 | $225,000 | 0.0% | 0.1% |
| AMCAP MORTGAGE, LTD. | $215,000 | n/a | 0.1% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $105,000 | $215,000 | 104.8% | 0.1% |
| North American Savings Bank, F.S.B. | $680,000 | $215,000 | -68.4% | 0.1% |
| IMPAC MORTGAGE CORP. | $205,000 | n/a | 0.1% | |
| LIBERTY HOME MORTGAGE CORPORATION | $205,000 | n/a | 0.1% | |
| MOUNTAIN AMERICA | $205,000 | n/a | 0.1% | |
| BMO Harris Bank | $250,000 | $195,000 | -22.0% | 0.1% |
| EVERETT FINANCIAL, INC. | $185,000 | n/a | 0.1% | |
| TRUWEST Credit Union | $180,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $115,000 | $175,000 | 52.2% | 0.1% |
| Figure Lending LLC | $85,000 | $170,000 | 100.0% | 0.1% |
| INB | $245,000 | $165,000 | -32.7% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $65,000 | $165,000 | 153.8% | 0.1% |
| AMERICA FIRST | $155,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL NETWORK, INC. | $155,000 | $155,000 | 0.0% | 0.0% |
| Goldman Sachs Bank USA | $155,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $155,000 | n/a | 0.0% | |
| KELLER MORTGAGE, LLC | $155,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $155,000 | n/a | 0.0% | |
| Canyon State Credit Union | $270,000 | $150,000 | -44.4% | 0.0% |
| AMERICAN FINANCING CORPORATION | $145,000 | n/a | 0.0% | |
| Bank of Utah | $145,000 | n/a | 0.0% | |
| HUGHES FEDERAL CREDIT UNION | $90,000 | $145,000 | 61.1% | 0.0% |
| Neighborhood Loans, Inc. | $155,000 | $145,000 | -6.5% | 0.0% |
| STEARNS LENDING, LLC | $365,000 | $135,000 | -63.0% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $125,000 | n/a | 0.0% | |
| CELEBRITY HOME LOANS, LLC | $115,000 | n/a | 0.0% | |
| Discover Bank | $105,000 | n/a | 0.0% | |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $105,000 | n/a | 0.0% | |
| Low VA Rates, LLC | $215,000 | $105,000 | -51.2% | 0.0% |
| TruHome Solutions, LLC | $105,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $95,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $360,000 | $75,000 | -79.2% | 0.0% |
| ARIZONA CENTRAL | $75,000 | n/a | 0.0% | |
| CREDIT UNION WEST | $55,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $55,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $25,000 | n/a | 0.0% | |
| TUCSON | $95,000 | $25,000 | -73.7% | 0.0% |
| ARIZONA | $15,000 | n/a | 0.0% |
Nogales's top lender by overall market share is SUNSTREET MORTGAGE, LLC, with 27.5% market share. In second place, with 8.9%, is QUICKEN LOANS, LLC, having originated $29,420,000 in loans. In third place, with 6.6%, is NOVA FINANCIAL & INVESTMENT CORPORATION, having originated $21,775,000 in loans. In fourth place, with 5.0%, is ALTITUDE FINANCIAL CORPORATION, having originated $16,605,000 in loans. In fifth place, with 4.0%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $13,080,000 in loans.
Nogales Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Nogales (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $293,875 (6.3%) | $447,542 (8.8%) | 0.00 | 237 |
| 2018-02-01 | $322,425 (25.3%) | $494,955 (21.5%) | 0.00 | 240 |
| 2018-03-01 | $299,000 (8.2%) | $460,061 (9.9%) | 0.00 | 321 |
| 2018-04-01 | $299,900 (9.1%) | $471,752 (10.3%) | 0.00 | 294 |
| 2018-05-01 | $301,200 (7.6%) | $493,543 (13.2%) | 0.00 | 254 |
| 2018-06-01 | $299,900 (2.7%) | $510,073 (12.4%) | 0.00 | 238 |
| 2018-07-01 | $306,250 (7.6%) | $525,446 (17.1%) | 0.00 | 230 |
| 2018-08-01 | $304,950 (8.6%) | $511,727 (15.0%) | 0.00 | 242 |
| 2018-09-01 | $299,900 (7.2%) | $484,159 (9.3%) | 0.00 | 253 |
| 2018-10-01 | $304,950 (4.7%) | $478,079 (7.8%) | 0.00 | 276 |
| 2018-11-01 | $321,750 (13.5%) | $512,235 (19.8%) | 0.00 | 265 |
| 2018-12-01 | $314,500 (10.8%) | $498,011 (16.1%) | 0.00 | 255 |
| 2019-01-01 | $311,000 (5.8%) | $500,107 (11.8%) | 0.00 | 261 |
| 2019-02-01 | $310,000 (-3.9%) | $477,703 (-3.5%) | 0.00 | 272 |
| 2019-03-01 | $331,386 (10.8%) | $497,744 (8.2%) | 0.00 | 259 |
| 2019-04-01 | $339,950 (13.4%) | $505,903 (7.2%) | 0.00 | 249 |
| 2019-05-01 | $327,250 (8.7%) | $514,299 (4.2%) | 0.00 | 226 |
| 2019-06-01 | $325,000 (8.4%) | $505,931 (-0.8%) | 0.00 | 234 |
| 2019-07-01 | $317,225 (3.6%) | $498,190 (-5.2%) | 0.00 | 242 |
| 2019-08-01 | $311,727 (2.2%) | $491,145 (-4.0%) | 0.00 | 243 |
| 2019-09-01 | $306,818 (2.3%) | $469,497 (-3.0%) | 0.00 | 241 |
| 2019-10-01 | $305,545 (0.2%) | $455,417 (-4.7%) | 0.00 | 239 |
| 2019-11-01 | $329,000 (2.3%) | $470,494 (-8.2%) | 0.00 | 233 |
| 2019-12-01 | $328,750 (4.5%) | $467,746 (-6.1%) | 0.00 | 232 |
| 2020-01-01 | $329,250 (5.9%) | $518,558 (3.7%) | 0.00 | 231 |
| 2020-02-01 | $360,000 (16.1%) | $553,027 (15.8%) | 0.00 | 213 |
| 2020-03-01 | $372,225 (12.3%) | $613,389 (23.2%) | 0.00 | 209 |
| 2020-04-01 | $380,000 (11.8%) | $640,957 (26.7%) | 0.00 | 200 |
| 2020-05-01 | $376,500 (15.1%) | $651,760 (26.7%) | 0.00 | 189 |
| 2020-06-01 | $371,250 (14.2%) | $669,182 (32.3%) | 0.00 | 172 |
| 2020-07-01 | $389,000 (22.6%) | $699,566 (40.4%) | 0.00 | 157 |
| 2020-08-01 | $399,000 (28.0%) | $714,616 (45.5%) | 0.00 | 139 |
| 2020-09-01 | $354,000 (15.4%) | $717,126 (52.7%) | 0.00 | 138 |
| 2020-10-01 | $354,500 (16.0%) | $716,116 (57.2%) | 0.00 | 127 |
| 2020-11-01 | $393,000 (19.5%) | $743,491 (58.0%) | 0.00 | 122 |
| 2020-12-01 | $379,500 (15.4%) | $729,912 (56.1%) | 0.00 | 115 |
| 2021-01-01 | $399,000 (21.2%) | $714,602 (37.8%) | 0.00 | 113 |
| 2021-02-01 | $392,250 (9.0%) | $709,097 (28.2%) | 0.00 | 105 |
| 2021-03-01 | $500,128 (34.4%) | $847,986 (38.3%) | 0.00 | 83 |
| 2021-04-01 | $495,623 (30.4%) | $806,567 (25.8%) | 0.00 | 91 |
| 2021-05-01 | $499,995 (32.8%) | $834,806 (28.1%) | 0.00 | 82 |
| 2021-06-01 | $474,450 (27.8%) | $810,036 (21.1%) | 0.00 | 86 |
| 2021-07-01 | $431,500 (10.9%) | $722,596 (3.3%) | 0.00 | 87 |
| 2021-08-01 | $437,500 (9.7%) | $702,094 (-1.8%) | 0.00 | 86 |
| 2021-09-01 | $425,000 (20.1%) | $681,654 (-5.0%) | 0.00 | 93 |
| 2021-10-01 | $385,000 (8.6%) | $656,672 (-8.3%) | 0.00 | 100 |
| 2021-11-01 | $364,925 (-7.1%) | $634,667 (-14.6%) | 0.00 | 109 |
| 2021-12-01 | $393,500 (3.7%) | $645,627 (-11.6%) | 0.00 | 102 |
| 2022-01-01 | $424,950 (6.5%) | $677,003 (-5.3%) | 0.00 | 101 |
| 2022-02-01 | $444,250 (13.3%) | $668,032 (-5.8%) | 0.00 | 102 |
| 2022-03-01 | $451,750 (-9.7%) | $720,421 (-15.0%) | 0.00 | 97 |
| 2022-04-01 | $385,000 (-22.3%) | $689,487 (-14.5%) | 0.00 | 92 |
| 2022-05-01 | $386,000 (-22.8%) | $708,969 (-15.1%) | 0.00 | 89 |
| 2022-06-01 | $388,500 (-18.1%) | $677,869 (-16.3%) | 0.00 | 95 |
| 2022-07-01 | $382,250 (-11.4%) | $631,613 (-12.6%) | 0.00 | 114 |
| 2022-08-01 | $354,450 (-19.0%) | $571,658 (-18.6%) | 0.00 | 143 |
| 2022-09-01 | $349,975 (-17.7%) | $571,860 (-16.1%) | 0.00 | 141 |
| 2022-10-01 | $350,000 (-9.1%) | $573,454 (-12.7%) | 0.00 | 154 |
| 2022-11-01 | $347,450 (-4.8%) | $566,097 (-10.8%) | 0.00 | 162 |
Nogales's median listing price comes in at 0% of the national average.
Nogales's average listing price for 2022-11-01 was $566,097, a difference of $-68,570 (-10.8%) versus the prior year and $-7,357 versus the prior month.
For the 2022-11-01 period, Nogales had 162 MLS listings, a difference of 8 listings (5%) versus the prior month and 53 listings (49%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Nogales (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,211 sqft |
| 2018-02-01 | 0 days | 2,240 sqft |
| 2018-03-01 | 0 days | 2,248 sqft |
| 2018-04-01 | 0 days | 2,330 sqft |
| 2018-05-01 | 0 days | 2,361 sqft |
| 2018-06-01 | 0 days | 2,404 sqft |
| 2018-07-01 | 0 days | 2,393 sqft |
| 2018-08-01 | 0 days | 2,345 sqft |
| 2018-09-01 | 0 days | 2,274 sqft |
| 2018-10-01 | 0 days | 2,258 sqft |
| 2018-11-01 | 0 days | 2,284 sqft |
| 2018-12-01 | 0 days | 2,241 sqft |
| 2019-01-01 | 0 days | 2,239 sqft |
| 2019-02-01 | 0 days | 2,229 sqft |
| 2019-03-01 | 0 days | 2,274 sqft |
| 2019-04-01 | 0 days | 2,280 sqft |
| 2019-05-01 | 0 days | 2,297 sqft |
| 2019-06-01 | 0 days | 2,293 sqft |
| 2019-07-01 | 0 days | 2,282 sqft |
| 2019-08-01 | 0 days | 2,253 sqft |
| 2019-09-01 | 0 days | 2,179 sqft |
| 2019-10-01 | 0 days | 2,129 sqft |
| 2019-11-01 | 0 days | 2,146 sqft |
| 2019-12-01 | 0 days | 2,107 sqft |
| 2020-01-01 | 0 days | 2,145 sqft |
| 2020-02-01 | 0 days | 2,199 sqft |
| 2020-03-01 | 0 days | 2,197 sqft |
| 2020-04-01 | 0 days | 2,173 sqft |
| 2020-05-01 | 0 days | 2,247 sqft |
| 2020-06-01 | 0 days | 2,209 sqft |
| 2020-07-01 | 0 days | 2,364 sqft |
| 2020-08-01 | 0 days | 2,325 sqft |
| 2020-09-01 | 0 days | 2,347 sqft |
| 2020-10-01 | 0 days | 2,194 sqft |
| 2020-11-01 | 0 days | 2,332 sqft |
| 2020-12-01 | 0 days | 2,233 sqft |
| 2021-01-01 | 0 days | 2,231 sqft |
| 2021-02-01 | 0 days | 2,303 sqft |
| 2021-03-01 | 0 days | 2,727 sqft |
| 2021-04-01 | 0 days | 2,588 sqft |
| 2021-05-01 | 0 days | 2,349 sqft |
| 2021-06-01 | 0 days | 2,377 sqft |
| 2021-07-01 | 0 days | 2,337 sqft |
| 2021-08-01 | 0 days | 2,341 sqft |
| 2021-09-01 | 0 days | 2,440 sqft |
| 2021-10-01 | 0 days | 2,249 sqft |
| 2021-11-01 | 0 days | 2,040 sqft |
| 2021-12-01 | 0 days | 2,200 sqft |
| 2022-01-01 | 0 days | 2,292 sqft |
| 2022-02-01 | 0 days | 2,200 sqft |
| 2022-03-01 | 0 days | 2,211 sqft |
| 2022-04-01 | 0 days | 2,185 sqft |
| 2022-05-01 | 0 days | 2,157 sqft |
| 2022-06-01 | 0 days | 2,159 sqft |
| 2022-07-01 | 0 days | 2,082 sqft |
| 2022-08-01 | 0 days | 2,004 sqft |
| 2022-09-01 | 0 days | 1,877 sqft |
| 2022-10-01 | 0 days | 1,915 sqft |
| 2022-11-01 | 0 days | 1,904 sqft |
Nogales's median square footage for active listings during the 2022-11-01 period was 1,904 sqft. One year prior, the average listing was 2,040 sqft.
Nogales, AZ Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 628 | $109,420,000 | $174,236 |
| Home Purchase | 591 | $144,365,000 | $244,272 |
| Cash Out Refi | 385 | $69,535,000 | $180,610 |
| Home Improvement | 36 | $3,750,000 | $104,167 |
| Other | 18 | $1,750,000 | $97,222 |
Nogales's most frequently cited loan purpose was Refi, with 628 originations. The 2nd most popular reason was Home Purchase, with 591 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 639 | $124,125,000 | $194,249 |
| 3-4% | 632 | $131,050,000 | $207,358 |
| <2.5% | 327 | $63,445,000 | $194,021 |
| 4-5% | 43 | $6,275,000 | $145,930 |
| 5-6% | 5 | $715,000 | $143,000 |
| 6-7% | 5 | $305,000 | $61,000 |
| 7-8% | 1 | $15,000 | $15,000 |
During 2021, Nogales's most frequently originated rate bucket was 2.5-3%, with 639 originations.
Loan Sizing (Nogales, AZ MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 781 | $116,515,000 | $149,187 |
| $200k-400k | 574 | $151,240,000 | $263,484 |
| $100,000 or less | 223 | $16,345,000 | $73,296 |
| $400k-600k | 73 | $34,845,000 | $477,329 |
| $600k-1000k | 5 | $3,815,000 | $763,000 |
| $Over $1MM | 2 | $6,060,000 | $3,030,000 |
Nogales's loan sizing saw the bucket of loans from $100k-200k with 781 originations, totaling $116,515,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 578 | $128,560,000 | $222,422 |
| 60-80% | 521 | $113,225,000 | $217,322 |
| 40-60% | 296 | $46,240,000 | $156,216 |
| 20-40% | 117 | $16,575,000 | $141,667 |
| Under 20% | 37 | $1,575,000 | $42,568 |
| Over 100% | 34 | $8,250,000 | $242,647 |
Nogales's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 578 originations, totaling $128,560,000 in origination value.
