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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 February 2019
Below are some highlights from the February Residential Sales Statistics:
Total Sales Volume of $268,547,792 is up from $241,045,819 in January, an 11.41% increase.
The Average Sales Price of $259,466 is a slight increase of 0.21% from $258,910 last month.
Average List Price of $265,446 is an increase of 0.20% from $264,916 in January.
Total Under Contract of 1,966 increased 20.69% since January’s number of 1,629.
Total Unit Sales of 1,035 is an increase of 11.17% since last month’s number of 931, but is a decrease of 4.52% since February 2018.
The Median Sales Price of $216,000 decreased 0.92% from $218,000 in January but is an increase of 4.35% over last year.
New Listings of 1,702 have decreased 21.49% from 2,168 in January.
Total Active Listings of 3,093 is a decrease of 5.79% from January.
Average Days on Market increased from 44 to 48 this month.
Conventional loan sales of 46.7% exceeded Cash Sales of 26.8%.
Cheryl Terpening                         Barbara Wilson
2019 MLSSAZ President             2019 TAR President
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