Learning from data offers the abiliby to come to conclusions that are trustworthy.  Many people will come to different conclusions, and data can be manipulated.  Nevertheless, collecting, organizing, and coming to conclusions based on statistics is a very useful tool in one's arsenal of decision making processes.  One must trust their data is correct.  Here are some useful statistics collected by Tucson Association of Realtors.

 Total Sales Volume of $336,667,709 is down 7.50% from last month but up 3.30% from April 2016.

 The Average Sales Price of $232,988 is an increase of 3.64% from last month’s number of $224,815.

 Average List Price increased to $239,287 from $230,186 in March.

 Total Under Contract decreased this month by 3.23%.

 Total Unit Sales of 1,445 is a decrease of 10.75% from 1,619 last month and a 1.90% decrease from April 2016.

 The Median Sales Price decreased to $190,000 from $193,000 last month but is up 7.95% from April 2016.

 New Listings decreased 4.73%.

 Total Active Listings of 3,773 increased 1.40% from March.

 Average Days on Market decreased to 44 from 47 last month.

 Conventional loan sales of 39.1% exceeded Cash Sales of 27.0%.

Please don't hesistate to call, text or email me for more insights into the greater-Tucson area housing market.