Tucson Housing Statistics For March 2010

As of February 2010 active inventory was 6,806, an 11% decrease from February 2009. There were 721 closings in February 2010, 12% above February 2009. Months of Inventory was 9.4, down from 11.9 in February 2009. Median price of sold homes was $150,000 for the month of February 2010, down 16% from February 2009. Tucson is experiencing a significant increase in buyer activity, with new properties under contract up 88% from February 2009. If you are looking to buy a home, you now have until April 30, 2010 to qualify for the Home Buyer Tax Credit!  Up to $8,000 for first time homebuyers and now up to $6,500 for current homeowners purchasing a primary residence.  Contact me for more details.