Tucson Residential Housing Market Monthly Statistics June 2016 and Residential Homes for sale:

 Below are some highlights from the June Residential Sales Statistics:

 Total Sales Volume increased to $384,524,826 this month, a significant increase of 17.36 % from May’s number of $327,650,182, and an 18.36% increase since June 2015.

 The Average Sales Price increased 9.55% to $234,752 from $214,290 in May.

 Average List Price of $240,584 is an increase of 10.41% from May’s number of $217,902.

 Total Under Contract decreased by 4.59%.

 Total Unit Sales of 1,638 is an increase of 7.13% since May’s number of 1,529. Sales have increased 10.60% since June 2015.

 The Median Sales Price jumped to $190,000 in June from $179,000 last month, a 6.15% increase.

 New Listings decreased 5.52% from May.

 Total Active Listings of 4,175 is a decrease of 5.29% since May’s number of 4,408.

 Average Days on Market of 57 is a slight increase from 55 in May.

 Conventional loan sales of 41.2% exceeded Cash Sales of 23.1%