Tucson AZ home sales in 2017 continue to improve at an increased pace over 2016. The number of home sales are up and home inventory is down, which put an upward pressure on home prices. In December, 1,391 Homes were sold in Tucson with an additional 1,633 Tucson Homes going under contract.. There are 3,902 Tucson homes currently for sale. The median price of a Tucson home that sold in December was $185,000.
Tucson AZ Homes Sales Stats for December 2017 that you need to know:
In the Tucson Main Market area, December 2017 active inventory was 3,678, a 4% decrease from December 2016. There
were 1,211 closings in December 2017, an 11% decrease from December 2016. Year-to-date 2017 there were 17,385
closings, a 3% increase from year-to-date 2016. Months of Inventory was 3.0, up from 2.8 in December 2016. Median
price of sold homes was $203,000 for the month of December 2017, up 14% from December 2016. The Tucson Main
Market area had 1,126 new properties under contract in December 2017, up 5% from December 2016.
** All sales data obtained from the Tucson Association of Realtors MLS. Data is believed to be reliable, but not guaranteed. **