JANUARY 2018 Tucson Housing Statistics

The Tucson Association of REALTORS® (TAR) representing the interests of over 5,100 professionals in Southern Arizona as the voice of the real estate industry publishes month residential statistics on the housing market for metro Tucosn.  Details at www.tucsonrealtors.org.

Below are some highlights from the January 2018 Residential Sales Statistics:

          • Total Sales Volume of $227,851,861 is a decrease of 17.72% since December’s number of $276,914,274 but an increase of 2.99% over January 2017.
          • The Average Sales Price of $243,431 is a decrease of 1.89% since December’s $248,131.
          • Average List Price of $249,970 is down from $255,058 in December, a 1.99% decrease.
          • Total Under Contract increased to 1,823 from last month’s 1,290.
          • Total Unit Sales of 936 fell from December’s number of 1,116, resulting in a 16.13%
          • The Median Sales Price, $200,000, is down from $205,000 in December resulting in a
          • 44% decrease but an 8.11% increase over January 2017.
          • New Listings increased this month to 2,019 from 1,272 in December, a 58.73% jump.
          • Total Active Listings of 3,375 is a decrease of 2.26% from last month.
          • Average Days on Market of 49 is an increase from December’s number of 46.
          • Conventional loan sales of 44.6% exceeded Cash Sales of 26.3%.

More detailed information is available here for sales: statsjan2018 and here for rent stats: statsrentjan2018

TAR Announces 2017 Boards of Directors

Sue Cartun, Realtor of the Year
Sue Cartun, Realtor of the Year

TUCSON, Ariz. – The Tucson Association of Realtors® announces the Board members for 2017.

2017 Tucson Association of  Realtors®  Officers and Board Of Directors
President, Pam Ruggeroli, ABR, CRS, GRI, Long Realty Company; President Elect Ginny Huffman, Imagine Realty Services; Vice President Barbara Wilson, GRI, PMN, Tierra Antigua Realty; Immediate Past President Eric Gibbs, Coldwell Banker Residential Brokerage; and Treasurer Krista Johnson, Keller Williams Southern Arizona.

2017 NAR 1st Vice President John Smaby installing the 2017 TAR President, Pam Ruggeroli

Directors: Ignacio “Nacho“ Castro, GRI, Castro Real Estate Services; Max Fisher, RE/MAX Trends; Robert Hallberg, GRI, e-PRO®, SFR, Long Realty Company; Jennie L James, RE/MAX Dwell; Patricia Leahy, ABR, CRS, GRI, Russ Lyon Sotheby’s International Realty; John Mijac, GRI, e-PRO®, Long Realty Company; William “Billy” Mordka, Harvey Mordka Realty; Paul Olson, CRS, GRI, e-PRO®, SFR, Vantage Point Realty; Kent Simpson, Long Realty Company; Affiliate Director Steven Van De Beuken, Sunstreet Mortgage, LLC;  Laury Watson, ABR, Vail Realty; Robin Willis, Tucson Expert Agents; and, Megan Wingfield, EMS Realty.

Officers: President Henry Zipf, Keller Williams Southern Arizona
Directors: Colette Barajas, Centra Realty; Annie Barmore, Realty Executives Tucson Elite; James Bowman, Coldwell Banker Residential Brokerage; Kimberly Clifton, Tierra Antigua Realty; Cathy Erchull, GRI, Tierra Antigua Realty; Baron Gauna, Long Realty Company; Judith Grammond, CRS, GRI, PMN, Real Estate Marketing Professionals; Ginny Huffman, Imagine Realty Services; Kevin Kaplan, Long Realty Company; and, Cheryl Terpening, Arizona Eagle Realty.

2016 Honorary Life Member award winners, Walter and Rose Giorgianni

Officers: President Lisa Suarez, CRS, EMS Realty; President Elect Dea Hinrichs, NOVA Home Loans; Directors: Diane Campbell, Coldwell Banker Residential Brokerage; Judith Grammond, CRS, GRI, PMN, Real Estate Marketing Professionals; Glenda Grow, ALHS, CRS, GRI, SRES, Keller Williams Southern Arizona; Robert Hatch, VIP Mortgage; Victoria Lem, Coldwell Banker Residential Brokerage; Mike Omiecinski, Peoples Mortgage Company; and, Tom Sloyan, CRS, SFR, e-PRO®, RE/MAX Excalibur.

TAR Reports Declining Home Sales for September

TARIconThe Tucson-area housing market had mixed results in September as home sales by unit and volume declined, according to the Tucson Association of REALTORS® Multiple Listing Service (TAR/MLS).  Month-over-month, unit sales and the average sales price decreased; while the median sales price increased.

Housing highlights for September 2014:

  • Unit Sales of 1,158 homes in August dropped by 10.36% in September (1,038)

Year-over-year: a 1.24% decrease from September 2013 (1,051 sales)

  • Total Sales Volume decreased this month going from $237.5 million in August to $209 million in September an 11.92% decrease

Year-over-year: 5.28% higher than September 2013 ($198.7 million)

  • Median Sales Price of $165,000 was 1.23% higher than August ($163,000)

Year-over-year:  6.18% higher than September 2013 ($155,399)

  • Average Sales Price of $201,530 was 1.73% lower than last month ($205,084)

Year-over-year: 6.6% higher than September 2013 ($189,042)

  • Active Listings of 5,437 were 5.47% higher than August (5,155)

Year-over-year: 15.26% higher than September 2013 (4,717 units)

  • Average days on Market decreased to 59 this month from 65 in August
  • Conventional Loan Sales of 39.7% exceeded cash sales 26.7%

TAR/MLS Residential Report:   https://tucsonrealtors.org/tar-v2/statsSept2014.pdf

TAR/MLS Rental Report:  https://tucsonrealtors.org/tar-v2/statsRentSept2014.pdf