Tucson Housing Report for November 2009

By
Real Estate Agent with Keller Williams Southern Arizona

Tucson Housing Report for November 2009

As of October 2009 active inventory was 6,273, a 22% decrease from October 2008. There were 995 closings in October 2009, a 25% increase from October 2008. Months of Inventory was 6.3, down from 10.1 in October 2008. Median price of sold homes was $159,000 for the month of October 2009, down 12% from October 2008. Tucson is experiencing a significant increase in buyer activity, with new properties under contract up 83% from October 2008.

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