Tucson Housing Market Report For June 2017
The Tucson Association of Realtors released (07/10/17) the Tucson MLS Residential Statistics for the month of June 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.
- Total Sales Volume of $399,061,482 is an increase of 3.36% over May’s number of $386,081,637.
- The Average Sales Price of $238,245 is a slight decrease of 0.83% from last month’s number of $240,249.
- Average List Price decreased slightly by 0.82%, going from $245,591 in May to $243,575 in June.
- Total Under Contract decreased this month by 6.22%.
- Total Unit Sales went from 1,607 in May to 1,675 in June, an increase of 4.23%.
- The Median Sales Price increased to $200,000 from $195,000 last month and increased 5.26% from last year.
- New Listings increased slightly this month by 0.64% and by 6.83% from June 2016.
- Total Active Listings of 3,625 is an increase of 1% from last month.
- Average Days on Market of 44 is a decrease from 46 last month.
- Conventional loan sales of 43% exceeded Cash Sales of 23.6%.
*Data Source for the above Statistics Reported from THE TUCSON ASSOCIATION OF REALTORS.
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