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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 March 2018
Below are some highlights from the March Residential Sales Statistics:
Total Sales Volume this month of $360,404,000 is an increase of 33.47% from last month’s number of $270,019,575.
The Average Sales Price of $246,514 is a decrease of 1.04% from $249,095 in February.
Average List Price of $252,954 is a decrease of 0.91% from last month’s number of $255,269.
Total Under Contract increased from 1,998 in February to 2,157 this month.
Total Unit Sales jumped from 1,084 in February to 1,462 this month, up 34.87%, but down by .07% from March 2017.
The Median Sales Price of $210,000 is up 1.45% from $207,000 in February, and up 6.60% since this time last year.
New Listings increased to 1,962 from 1,776 last month.
Total Active Listings of 3,186 decreased from last month’s number of 3,293, a 3.25% drop.
Average Days on Market dropped to 43 from 49 last month.
Conventional loan sales of 43.6% exceeded Cash Sales of 27.6%.
Henry Zipf                                     Ginny Huffman
2017 MLSSAZ President               2018 TAR President
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