Following is a summary of residential sales activity in
Tucson, Arizona based on information provided by the Tucson Association of Realtors.
Home Sales Volume: Decreased 36.72% from $367,164,710 in April 2007 to $246,878,039 in April 2008
Homes Sales Units: Decreased 26.17% from 1,318 in April 2007 to 973 in April 2008
Average Sales Price (all residential units): Decreased 8.91% from $278,577 in April 2007 to $253,729 in April 2008
Median Sales Price: Decreased 13.30% from $224,921 in April 2007 to $195,000 in April 2008
Pending Contracts (transactions subject to contract but not yet closed escrow): Increased 27.11% from 1217 units in April 2007 to 1547 units in April 2008
Active Listings: Decreased 15.20% from 10,387 in April 2007 to 8,808 in April 2008
New Listings: Decreased 20.87% from 3,085 in April 2007 to 2,441 in April 2008
# posted by
Anna-Lise Troup @ 4:16 PM
