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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 JULY 2017
Below are some highlights from the July Residential Sales Statistics:
Total Sales Volume of $318,919,230 is a decrease of 20.08% from June’s number of $399,061,482, but is an increase of 4.40% over July 2016.
The Average Sales Price of $226,827 is a 4.79% decrease from $238,245 last month.
Average List Price fell from $243,575 in June to $231,299 in July, resulting in a 5.04% decline.
Total Under Contract decreased this month by 10.90%.
Total Unit Sales of 1,406 is a decrease from June’s number of 1,675, a 16.06% drop.
The Median Sales Price decreased 4.14% since last month, going from $200,000 in June to $191,725 in July, but is a 5.63% increase from July 2016.
New Listings of 1,827 decreased from 2,048 last month.
Total Active Listings of 3,602 is a decrease from 3,625 last month.
Average Days on Market dropped from 44 last month to 39 this month and is the lowest it has been in over 10 years.
Conventional loan sales of 40.6% exceeded Cash Sales of 24%.
Henry Zipf                                     Pam Ruggeroli
2017 MLSSAZ President             2017 TAR President
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