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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 May 2018
 
Below are some highlights from the May Residential Sales Statistics:
 
Total Sales Volume of $413,401,140 is an increase of 10.09% from last month’s number of $375,510,677 and an increase of 14.51% over May 2017. 
 
The Average Sales Price of $261,480 is an increase of 1.11% from $258,616 in April.
 
Average List Price of $267,234 increased by 1.05% over April’s 264,467.
 
Total Under Contract decreased 1.52% since last month going from 2,167 to 2,134.
 
Total Unit Sales of 1,581 is up this month over April’s number of 1,452, resulting in an 8.88% increase, and is up 7.55% over May 2017.
 
The Median Sales Price of $216,500 is an increase of .70% since April’s 215,000.
 
New Listings of 1,981 are down from 2,006 in April but are an increase of 3.28% from May 2017.
 
Total Active Listings of 3,048 is a decrease of 1.58% from April.
 
Average Days on Market decreased this month to 41 from 43 in April.
 
Conventional loan sales of 45.2% exceeded Cash Sales of 24.9%.
 
Judith Grammond                         Ginny Huffman
2018 MLSSAZ President             2018 TAR President
 
 
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