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MLS Housing Report
Each month the Tucson Association of Realtors publishes it Real Residential Sales Statistics. Below are the highlights of the latest report:
Monthly Statistics January 2018
Below are some highlights from the January Residential Sales Statistics:
Total Sales Volume of $227,851,861 is a decrease of 17.72% since December’s number of $276,914,274 but an increase of 2.99% over January 2017.
The Average Sales Price of $243,431 is a decrease of 1.89% since December’s $248,131.
Average List Price of $249,970 is down from $255,058 in December, a 1.99% decrease.
Total Under Contract increased to 1,823 from last month’s 1,290.
Total Unit Sales of 936 fell from December’s number of 1,116, resulting in a 16.13% decrease.
The Median Sales Price, $200,000, is down from $205,000 in December resulting in a 2.44% decrease but an 8.11% increase over January 2017.
New Listings increased this month to 2,019 from 1,272 in December, a 58.73% jump.
Total Active Listings of 3,375 is a decrease of 2.26% from last month.
Average Days on Market of 49 is an increase from December’s number of 46.
Conventional loan sales of 44.6% exceeded Cash Sales of 26.3%.
Henry Zipf                                     Ginny Huffman
2017 MLSSAZ President               2018 TAR President
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