Tucson Radek Realtor

TUCSON HOUSING MARKET UPDATE – September 2017 Statistics

Below are some highlights from the September Residential Sales Statistics from TAR, MLS of Southern Arizona:

– Total Sales Volume of $300,150,958 is down from August’s number of $321,376,738, resulting in a 6.60% decrease, but a 9.01% increase over September 2016.
– The Average Sales Price of $247,649 is an increase of 3.72% from $238,764 last month.
– Average List Price of $252,916 is up 3.39% from August and up 15.17% since September 2016.
– Total Under Contract of 1,651 is an increase of 1.04% since last month.
– Total Unit Sales of 1,212 is a decrease of 9.96% since August’s number of 1,346.
– The Median Sales Price rose to $206,915 from $192,000 in August, a 7.77% increase and is up 16.90% from $177,000 in September 2016.
– New Listings are up 18.18% since August.
– Total Active Listings of 3,587 is an increase of 2.49% from 3,500 last month.
– Average Days on Market decreased to 42 this month from 45 last month.
– Conventional loan sales of 45.8% exceeded Cash Sales of 21.6%.

Need more info? Contact: Radek@TierraAntigua.com / (520) 401-1083