Tucson Arizona's Deember residential real esate statistics are in.  The statistics are useful tools to help people better understand the real estate market.  They aid in intelligent, informed decision making. Take a look at Tucson Arizona's sales statistics for the month and for past months (on my blog) to give you a big picture and better understanding of the real estate market.  Call or email Gregory Richman, Realtor for clarifications, insights, and a professional prospective, and/or to get the ball rolling on your next real estate purchase and/or sale.

Below are some highlights from the December Residential Sales Statistics:

 Total Sales Volume of $289,379,391 is an increase of 5.12% from last month’s number of $275,287,830 and an increase of 9.61% over December 2015.

 The Average Sales Price increased 8.28% to $235,459 from $217,446 in November.

 Average List Price of $233,223 is an increase of 4.53% from November’s number of $223,119.

 Total Under Contract decreased by 11.12% this month.

 Total Unit Sales of 1,229 decreased this month by 2.92% from 1,266 in November and decreased 1.44% from December 2015.

 The Median Sales Price of $179,000 is down from November’s number of $184,900 resulting in a 3.19% decrease.

 New Listings of 1,261 are a decrease of 26.98% from 1,727 in November and a 21.87% decrease since December 2015.

 Total Active Listings of 3,752 decreased from 4,067 in November and have decreased 23.24% from December 2015.

 Average Days on Market for December is 49.

 Conventional loan sales of 46.9% exceeded Cash Sales of 23.7%

Call, text, and/or email Gregory Richman, Realtor for extraordinary propety buyer and/or seller representation. 520-248-1239 / grichman@richmantucsonhomes.com. Evenings and weekends are fine.  I look forward to working with you.