May 2015 Tucson Market Update

By
Real Estate Agent with Tierra Antigua Realty SA624527000

Here are the Tucson market statistics for May 2015. There are several key points I would like to draw your attention to:

 Average Sales Price increased by 2.74% this month to $216,517 from $210,749 in April.

  1. Total Under Contract decreased by 3.60% from April.
  2. Total Unit Sales of 1,388 is up slightly from April's number of 1,383, resulting in a .36% increase.
  3. New Listings decreased 2.45% from April.
  4. Total Active Listings of 5,250 is a 4.32% decrease from April's number of 5,487.
  5. Average Days on Market decreased to 62 in May from 66 in April.

Conventional loan sales of 36.5 exceeded Cash Sales of 25.6% this month.

 

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