Monthly Real Estate Statistics for October 2017

    What’s happening in the Tucson Real Estate Market?

    See below for details.


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    From Multiple Listing Service of Southern Arizona

    Monthly Statistics October 2017

    Below are some highlights from the October Residential Sales Statistics:

    • Total Sales Volume of $288,890,599 is a decrease of 3.75% since last month’s number of $300,150,958 but is an increase of 12.5% since October 2016.
    • The Average Sales Price of $238,358 is a decrease of 3.75% from $247,649 last month.
    • Average List Price of $243,801 is down 3.60% from September.
    • Total Under Contract of 1,653 is an increase of .12% since lastmonth.
    • Total Unit Sales of 1,212 matched last month’s number of 1,212, but is an increase of 3.95% since October 2016.
    • The Median Sales Price decreased by 3.39% to $199,900 from $206,915 in September, but is an increase of 12.30% since October 2016.
    • New Listings are up 2.71% since September.
    • Total Active Listings of increased 2.84% to 3,689 from 3,587 lastmonth.
    • Average Days on Market continues to slowly decrease, going from 42 in September to 40 this month.
    • Conventional loan sales of 43.7% exceeded Cash Sales of 23.7%.
      Henry Zipf MLSSAZ President 2017         Pam Ruggeroli 2017 President

    For more info and statistics visit TucsonRealtors.org

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