Tucson, Arizona: December Monthly Statistics 2015

By
Real Estate Agent with Tierra Antigua Realty SA624527000

Below are some highlights for residential real estate in Tucson, AZ for the month of December, 2015.

 

Total Sales Volume increased significantly in December to $264,001,833, a 38.64% rise from last month’s number of $190,421,972.

The Average Sales Price rose to $211,709 from $209,485 in November, resulting in a 1.06% increase.

Average List Price for December is $217,610, which is an increase of 2.11% since last month.

Total Under Contract decreased this month by 11.73% but has increased 23.47% over December 2014.

Total Unit Sales of 1,247 is an increase of 37.18% from last month, and is an increase of 15.89% from December 2014.

The Median Sales Price increased 4.14%, going from $169,000 in November to $176,000 in December.

New Listings decreased 7.72% from November.

Total Active Listings of 4,888 is a decrease of 4.08% since November’s number of 5,096.

Average Days on Market decreased to 59 in December from 60 in November.

Conventional loan sales of 34.8% exceeded Cash Sales of 28.0% this month.

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Spirit Messingham

Third Generation Full-Time Realtor® 520 471-6900
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