Each month, the Tucson Association of REALTORS® Multiple Listing Service (TAR/MLS), releases Residential Statistics and Rental Statistics. Highlights follow with a link for the latest available data and full June reports.
Residential Sales Highlights:
• Total Sales Volume of $274,731,163 is an increase of 0.54% from May’s $273,255,331 and a 23.86% increase over June 2012.
• Average Sales Price for June of $196,376 is a 3.27% increase from May’s $190,156.
• Average List Price for June $202,547 is a 3.07% increase from May’s $196,508; and a 12% increase from June 2012’s level of $180,851.
• Total Under Contract (2,342) is down in June, a 13.32% decrease from 2,702 in May.
• Total Unit Sales decreased from 1,437 in May to 1,399 in June.
• Median Sales Price of $160,000 for June is 2.24% increase from May’s $156,500.
• New Listings increased 0.11% from 1,746 in May to 1,748 in June.
• Total Active Listings were 3,953, the same as in May; and have increased 13.79% since June 2012.
• Average Days on Market decreased to 53 for June from 57 in May.
• Conventional loan sales accounted for 39% of sales, continuing to exceed Cash sales of 28%.
See the full June report for a break down by areas.
RESIDENTIAL STATISTICS: FULL JUNE REPORT: >> http://tucsonrealtors.org/tar-v2/statsJune2013.pdf
Residential Rental Highlights:
• Total Active listings for June were 998.
• The number of properties rented this month was 455.
• The Average monthly rent for Apartments was $550.
• The Average monthly rent for Condominiums was $874.
• The Average monthly rent for Mobile Homes was $1,050.
• The Average monthly rent for Manufactured Single Family Residence’s was $784.
• The Average monthly rent for Patio Homes was $1,050.
• The Average monthly rent for Plex’s was $675.
• The Average monthly rent for Single Family Residence’s was $1,262.
• The Average monthly rent for Townhomes was $887.
• Average Days on Market was 45.
RENTAL STATISTICS: FULL JUNE REPORT > > https://tucsonrealtors.org/tar-v2/statsRentJune2013.pdf