July 2018 Tucson Housing Statistics Released

Below are some highlights from the Tucson Association of Realtors / MLS July Residential Sales Statistics:

• Total Sales Volume of $347,114,173 is down 15.91% from June’s number of $412,805,427 but is up 16.84% from last year.
• The Average Sales Price of $253,924 is a decrease of .2.01% from $259,137 in June.
• Average List Price of $260,279 is a decrease of 1.53% from last month’s number of $264,328.
• Total Under Contract of 1,776 is a decrease of 4.31% since June’s number of 1,856.
• Total Unit Sales of 1,367 is a decrease of 14.19% since last month’s number of 1,593 but up 6.13% since July 2017.
• The Median Sales Price of $215,000 is an increase of 1.42% from $212,000 in June and up 10.26% from last year’s number of $195,000.
• New Listings of 1,784 are a decrease of 5.46% from 1,887 in June.
• Total Active Listings of 2,967 are a slight decrease from 2,974 in June.
• Average Days on Market increased to 43 this month from 39 last month.
• Conventional loan sales of 46.2% exceeded Cash Sales of 21.7%.

More detailed information is available on our website, TAR Housing Statistics.

July 2018 MLSSAZ Residential Sales Statistics Click Here

July 2018 MLSSAZ Rental Statistics Click Here