Tucson, AZ Residental Real Estate Market Statistics - January 2008
JANUARY 2008 TUCSON MLS RESIDENTIAL SALES OVERVIEW
Home Sales Volume
Decreased 38.28% from $256,449,641 in January 2007 to $158,272,006 in January 2008.
Home Sales Units
Decreased 36.88% from 941 in January 2007 to 594 in January 2008.Average Sales Price (all residential types)
Decreased 2.23% from $272,529 in January 2007 to $266,450 in January 2008.
Median Sales Price
Decreased by 7.65% from $220,365 in January 2007 to $203,500 in January 2008.
Pending Contracts (not yet closed in escrow)
Increased 25.03% from 863 in January 2007 to 1,079 in January 2008.
Active Listings
Decreased 5.89% from 9,742 in January 2007 to 9,168 in January 2008.
New Listings
Increased 7% from 3,499 in January 2007 to 3,744 in January 2008.