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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 October 2017
Below are some highlights from the October Residential Sales Statistics:
Total Sales Volume of $288,890,599 is a decrease of 3.75% since last month’s number of $300,150,958 but is an increase of 12.5% since October 2016.
The Average Sales Price of $238,358 is a decrease of 3.75% from $247,649 last month.
Average List Price of $243,801 is down 3.60% from September.
Total Under Contract of 1,653 is an increase of .12% since last month.
Total Unit Sales of 1,212 matched last month’s number of 1,212, but is an increase of 3.95% since October 2016.
The Median Sales Price decreased by 3.39% to $199,900 from $206,915 in September, but is an increase of 12.30% since October 2016.
New Listings are up 2.71% since September.
Total Active Listings of increased 2.84% to 3,689 from 3,587 last month.
Average Days on Market continues to slowly decrease, going from 42 in September to 40 this month.
Conventional loan sales of 43.7% exceeded Cash Sales of 23.7%.
Henry Zipf                                     Pam Ruggeroli
2017 MLSSAZ President              2017 TAR President
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