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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 SEPTEMBER 2017
Below are some highlights from the September Residential Sales Statistics:
Total Sales Volume of $300,150,958 is down from August’s number of $321,376,738, resulting in a 6.60% decrease, but a 9.01% increase over September 2016.
The Average Sales Price of $247,649 is an increase of 3.72% from $238,764 last month.
Average List Price of $252,916 is up 3.39% from August and up 15.17% since September 2016.
Total Under Contract of 1,651 is an increase of 1.04% since last month.
Total Unit Sales of 1,212 is a decrease of 9.96% since August’s number of 1,346.
The Median Sales Price rose to $206,915 from $192,000 in August, a 7.77% increase and is up 16.90% from $177,000 in September 2016.
New Listings are up 18.18% since August.
Total Active Listings of 3,587 is an increase of 2.49% from 3,500 last month.
Average Days on Market decreased to 42 this month from 45 last month.
Conventional loan sales of 45.8% exceeded Cash Sales of 21.6%.
Henry Zipf                                     Pam Ruggeroli
2017 MLSSAZ President              2017 TAR President
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