Tucson Housing Market Report For April 2017

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Tucson Housing Market Report For April 2017

The Tucson Association of Realtors released (05/08/17) the Tucson MLS Residential Statistics for the month of April 2017. The most recent Tucson AZ Real Estate News and information is available here. Each month, Joe Keany, Tucson REALTOR® releases a monthly overview of the real estate activity during the previous month, including units sold, average sales price, inventory, days on market and more.

Tucson Housing Market Report For April 2017

  • 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%.

*Data Source for the above Statistics Reported from THE TUCSON ASSOCIATION OF REALTORS.

04-10-17

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Tucson Housing Market Report April 2016