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TAR: December 2017 Tucson Housing Statistics Released

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  • TAR: December 2017 Tucson Housing Statistics Released
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January 15, 2018
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Karen Schutte
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Below are some highlights from the December 2017 Residential Sales Statistics:

  • Total Sales Volume of $276,914,274 is down slightly from November’s number of $279,460,100, resulting in a .91% decrease,  but is up 6.86% over December 2016.
  • The Average Sales Price is up .69% from last month.
  • Average List Price of $255,058 is an increase from last month’s number of $252,533, resulting in a 1% rise.
  • Total Under Contract of 1,290 is a decrease of 15.74% since last month.
  • Total Unit Sales of 1,116 decreased 1.59% from November’s 1,134.
  • The Median Sales Price, $205,000, is down from $207,527 in November resulting in a 1.22% decrease but a 14.53% increase over December 2016.
  • New Listings decreased to 1,272 from 1,494 in November, but rose 11.97% over December 2016.
  • Total Active Listings of 3,453 is a decrease of 4.38% from last month.
  • Average Days on Market of 46 is an increase from November’s number of 44.
  • Conventional loan sales of 44.5% exceeded Cash Sales of 25.9%.

More detailed information is available on our website, with statistics from 2003 forward at TAR Housing Statistics Archive

December 2017 Residential Statistics 

December 2017 Rental Statistics 

Numbers-at-a-Glance Infographic Animated video

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