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Friday, January 15, 2016

Tucson Home Sales Market Update

Hey, we ended 2015 on an up note in the Tucson homes market!

The December Tucson MLS sales stats showed the number of homes sold was up 37% from November, and more importantly, up almost 16% from December 2014. 

The average sale price in December was up 1.06% over November 2015 and 3.27% over December 2014. Median sale price was up 4.14% from November 2015 and 6.67% from December 2014. These are not spectacular figures but show continued slow steady growth in the Tucson market...much healthier than a rapid run-up.

The number of new listings in December was down 7.72% from November, but that is not unusual over the holiday season. We should see a rebound in the January stats.

And here is a link to the full monthly Tucson MLS report:  Tucson Association of Realtors MLS Monthly Report

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