Tucson Real Estate Update: November 2015

By
Real Estate Agent with Tierra Antigua Realty SA624527000

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

1. Total Sales Volume decreased this month to $190,421,972, a 24.24% decrease from last month's number of $251,340,493.

2. The Average Sales Price decreased to $209,485 from $211,566 in October, resulting in a .98% decrease.

3. Total Under Contract decreased by .44% from October.

4. The Median Sales Price declined slightly to $169,000 from $172,825 in October, a 2.21% decrease.

5. Average days on market decreased to 60 in November form 63 in October.

6. Conventional loan sales of 34.7% exceeded Cash Sales of 32.2% this month.

 

Decemeber is typically one of the slower months for Tucson residential real estate.  We do get a lot of winter visitors (AARP named us a top 10 city to consider for retirement).  Thinking of buying or selling in Tucson, AZ?  Give me a call.

Spirit

 

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Rainmaker
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Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Always enjoy viewing information on other communities.  Tks for sharing.

Dec 18, 2015 01:35 AM #1
Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

As I sit with a lot of these posts, I'd like to see where this goes in six months.

Dec 18, 2015 03:26 PM #2
Rainmaker
2,885,136
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I feel the same way about listing to the radio stations across America and the world and getting a feel for the communities. I think there are parallels. Ronald DiLalla

Dec 18, 2015 03:27 PM #3
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Spirit Messingham

Third Generation Full-Time Realtor® 520 471-6900
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