Tucson MLS Statistics October 2011

I think October was good month with all the statistics looking better. I still believe we will hit bottom before the end of the year. Prices and Interest rates are at all time lows and we are seeing more calls to look at properties. Total units Sold did come down but Listings under Contract went up a small amount.

Average Sales Price
$168,453 $167,172 $173,141 $154,944 $150,699 $151,812
Median Sales Price
$127,000 $126,000 $125,000 $122,200 $117,500 $120,000
Total Units Sold*
1247 1312 1124 1106 1064 982
Active Listings
5795 5566 5412 5167 5155 5290
Days On Market
80 79 76 73 80 74
Listings Under Contract**
2239 2163 2009 2121 2059 2070
Sales Over $500,000
45 51 52 24 19 21

The figures on this table are subject to change due to late reportings and corrections. These changes are reflected in the next months statisical blog post after we receive the updated information. For this reason you will find inconsistencies if you compare the data on multiple tables.

* Closed during the month.
** For the current month (not the total listing under contract)

There are some Bond programs out there for 2.99% that you should look into. Family Housing Resources offers some down payment assistance if you qualify. Did you know you can buy almost any home in the Vail zip code of 85641 with no money down. Closing costs are still required. Call me if you what to talk about this USDA program.
Thanksgiving is just around the corner so I want to wish all my readers a happy Turkey day.
Call me at 240-7130 if you need help.

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  • Ability Realty, Real Estate, Tucson, AZ
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7360 E. 22nd Street,
Tucson, AZ 85710