July was a stellar month in the Tucson MLS, we continue to realize a steady increase in residential sales in the Tucson market, with unit sales up, 3.9% over last month,23.46% increase over July 2008 and 90.05% over January 2009 numbers.
Although average sales prices are down 17.3% over last year, it remains consistent with the average list price being down by 17.44% and the average median price being down by 16.04% over July 2008.
Pending contracts are down 14.32% over last month but, up over July 2008 counts by27.81%. We continue to see a decrease in inventory with total active listings (6,075) being down 21.04% since January 2009, and at the lowest since December 2005 (5,457 units) and January 2006 (6,499 units).
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# posted by
Anna-Lise Troup @ 10:48 AM