Tucson Housing Report for December 2009

By
Real Estate Agent with Keller Williams Southern Arizona

Tucson Housing Report for December 2009

As of November 2009 active inventory was 6,414, a 20% decrease from November 2008. There were 981 closings in November 2009, a significant increase of 51% from November 2008. Months of Inventory was 6.5, down from 12.4 in November 2008. Median price of sold homes was $164,000 for the month of November 2009, down 8% from November 2008. Tucson is experiencing a significant increase in buyer activity, with new properties under contract up 83% from November 2008.

 Contact James Servoss at jservoss@longrealty.com or visit me at www.servingtucson.com or www.luxurytucsoncondos.com for more information on the current state of our real estate market.

 

Comments (1)

Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Thanks for sharing this local data with us this morning

Jan 10, 2010 12:49 AM