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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 December 2018
Below are some highlights from the December Residential Sales Statistics:
Total Sales Volume of $271,585,079 is down from $294,286,393 in November resulting in an 7.62% decrease.
The Average Sales Price of $251,255 is a decrease of 2.84% from $258,599 last month.
Average List Price of $256,519 is a decrease of 3.09% from $264,688 in November.
Total Under Contract of 1,203 is a decrease of 17.83% since November’s number of 1,464.
Total Unit Sales of 1,082 is a decrease of 4.92% since last month’s number of 1,138.
The Median Sales Price of $205,000 decreased 6.39% from $219,000 in November and is exactly the same number as December 2017.
New Listings of 1,285 have decreased 19.44% from 1,595 in November.
Total Active Listings of 3,212 are a decrease from 3,332 in November.
Average Days on Market increased from 38 to 40 this month.
Conventional loan sales of 47.2% exceeded Cash Sales of 23.1%.
Judith Grammond                         Ginny Huffman
2018 MLSSAZ President             2018 TAR President
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