It's all here! News on the Tucson real estate market, tips and information for your Tucson real estate needs, and my occasional "likes" about Tucson and all the things we love about it. Read on!

Thursday, June 29, 2017

Tucson Sales Level With the Coming of Summer; Prices Up!

As expected, the Tucson homes market seems to be plateauing with summers approach. The number of active listings in May was down 4.8% from April, the number of new listings was down 5.6% and average days on market was up a bit to 46 from 44 in April.

But prices of those sold continues to rise, with the median sale price of a home sold in Tucson in May at $195,000. That is up from $190,000 in April and is the highest median sale price in Tucson since July of 2008.

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