Tuscon, Arizona housing statistics can be very enlightening. Much can be gleaned from these statistics, especially when comparing them to previoius months statistics.  Check out March's Tucson Residential Housing Statistics.  Please don't hesitate to call, text or email Gregory Richman, Realtor to discuss these statistics and/or the implications of them.  Gregory is available 7 days a week to answer any real estate related quesitons or concerns. 

Below are some highlights from the March Residential Sales Statistics:

 Total Sales Volume of $363,976,060 is up 32.47% from last month and 15.47% from March 2016.

 The Average Sales Price of $224,815 is a slight decrease from last month’s number of $225,032 which results in a 0.10% decline.

 Average List Price of $230,186 is a decrease of 0.29% from February’s number of $230,859.

 Total Under Contract increased this month by 10.44%.

 Total Unit Sales of 1,619 is an increase of 32.60% from last month’s 1,221.

 The Median Sales Price of $193,000 is up again this month from $189,000 in February and up 9.01% from this time last year.

 New Listings decreased 0.13%.

 Total Active Listings of 3,721 decreased 1.17% from February and 22.51% from March 2016.

 Average Days on Market decreased to 47 from 52 last month and has decreased 17.54% from March 2016.

 Conventional loan sales of 40.3% exceeded Cash Sales of 29.2%.