Tucson-area, Here's AZ's monthly housing statistics for your review. The importance of accurate data in making an informed decision can not be underestimated. Yes, we all love what we love and want the housing that best suits our needs and wants. Data can simply enhance your decision making abilities and help you and I negotiate the very best deal for YOU.
November Tucson Area Housing Sales Statistics
Below are some highlights from the November Residential Sales Statistics:
• Total Sales Volume of $279,460,100 is a decrease of 3.26% from October’s number of $288,890,599 but an increase of 9.31% since November 2016.
• The Average Sales Price is up this month going from $238,358 in October to $246,437, a 3.39% increase.
• Average List Price of $252,533 increased 3.58% from October.
• Total Under Contract of 1,531 is a decrease of 7.38% since last month.
• Total Unit Sales of 1,134 is a 6.44% decrease from October’s 1,212.
• The Median Sales Price rose this month to $207,527 from $199,900 in October resulting in a 3.82% increase and a 12.24% increase over November 2016.
• New Listings decreased significantly this month going from 1,896 in October to 1,494 in November resulting in a 21.20% change.
• Total Active Listings of 3,611 is a decrease of 2.11% from last month.
• Average Days on Market increased from 40 to 44 this month.
• Conventional loan sales of 44.2% exceeded Cash Sales of 24.6%.
Please give me a call, send me a text, or shoot me an email for further information on the Tucson-area, AZ market and/or information on a specific property or neighborhood. Evenings and weekends are fine. 520-248-1239 / grichman@RichmanTucsonHomes.com