Tucson Housing Market Report For August 2017


Tucson Housing Market Report For August 2017

The Tucson Association of Realtors released (09/25/17) the Tucson MLS Residential Statistics for the month of August 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 August 2017

  • Total Sales Volume of $321,376,738 is an increase of 8.17% from July’s number of $297,091,774, and an increase of 9.59% over August 2016.
  • The Average Sales Price of $238,764 is a 3.51% increase from $230,661 last month.
  • Average List Price of $244,623 is up 5.76% from July.
  • Total Under Contract decreased this month by 10.90%.
  • Total Unit Sales of 1,346 is up from July’s 1,288 resulting in a 4.5% increase.
  • The Median Sales Price decreased to $192,000 from $195,000 in July and is up 3.78% from August 2016.
  • New Listings of 1,827 decreased from 2,048 last month.
  • Total Active Listings of 3,500 is an increase from 3,338 last month.
  • Average Days on Market increased from 38 to 45 this month.
  • Conventional loan sales of 43.98% exceeded Cash Sales of 23.03%.

Download August 2017 Statistics Here: August 2017 Report

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


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Tucson Housing Market Report April 2016