Statistics for Tucson Arizona’s housing market can be insightful. Take a look below for an overview of the Tucson housing market. Please call me for further information, clarifications, and/or to get the ball rolling to buy or sell property in Tucson or the greater-Tucson area (Oro Valley, Marana, Green Valley, Etc.).
Total Sales Volume increased to 327,650,182 this month, a .53% increase from April’s number of $325,916,149, and a 9.03% increase since May 2015.
The Average Sales Price this month was $214,290 from $221,260 in April, a 3.15% decrease.
Average List Price of $217,902 is a decrease of 4.42% from April’s number of $227,974.
Total Under Contract decreased by 4.35%.
Total Unit Sales was up this month to 1,529, a 3.80% jump from last month and has not been up this much since 2006.
The Median Sales Price rose to $179,000 in May from $176,000 last month, a 1.70% increase.
New Listings decreased 1.36% from April.
Total Active Listings of 4,408 is a decrease of 2.59% since April’s number of 4,525.
Average Days on Market was 55 from 57 in April.
Conventional loan sales of 39.7% exceeded Cash Sales of 22.6%
Check out these great properties in Marana, AZ. Marana is a suburb of Tucson, and is a 20 min drive away from downtown and the University of Arizona. There are many shopping, dining, entertainment, and places of worship in Marana. Marana has many public parks, bike/hiking trails as well as a great library. And, it’s close to Saguaro National Park and all it has to offer.