Check out the statistics for residential real estate sales in Tucson for the month of October. Click on the title of this posting for details!
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As we begin the 4th quarter of 2009, we continue to see the absorption of inventory hover around 20%. The YTD change in total home sales volume is only down 13.95%, which is not bad considering the average sales price is down 13.56%.
There are 2048 new listings which is up 10.29% over September. This could be a result of sellers trying to make a last minute effort to take advantage of the November 30th cut off for the tax credit.
Total Days on Market are at 71 but 41.2% are between 0 – 30 days. The top three methods of financing are FHA at 358, Conventional at 299 and Cash at 226.
# posted by
Anna-Lise Troup @ 7:35 PM
