Tucson MLS Statistics

 

Summary Statistics from December 2017 MLS Report:
  • Total Sales Volume of $276,914,274 is down from November’s number of $279,460,100, resulting in a .91% decrease but is up 6.86% over December 2016.
  • Average Sales Price is up .69% over last month and up 7.63% over December 2016
  • Average List Price of $255,058 is up 1% over last month and up 9.36% over December 2016
  • 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%.
  • Full December 2017 MLS Report Here   |   MLS Report Archive

  • Summary Statistics from November 2017 MLS Report:
  • Total Sales Volume of $279,460,100 is a decrease of 3.26% from October’s number of $288,890,599 but an increase of 9.31% since November 2016.
  • The Average Sales Price is up this month to $246,437 from $238,358 in October. That’s a 3.39% increase.
  • Average List Price of $252,533 increased 3.58% from October.
  • Total Unit Sales of 1,134 is a 6.44% decrease from October’s 1,212 units.
  • The Median Sales Price is up this month to $207,527 from $199,900 in October; that’s a 3.82% increase over last month and a 12.24% increase over November 2016.
  • New Listings decreased significantly this month going from 1,896 in October to 1,494 in November resulting in a 21.20% change.
  • Total Active Listings of 3,611 is a decrease of 2.11% from last month.
  • Average Days on Market increased from 40 to 44 this month.
  • Conventional loan sales of 44.2% exceeded Cash Sales of 24.6%.
  • Full November 2017 MLS Report Here   |   MLS Report Archive

  • Summary Statistics from October 2017 MLS Report:

  • 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 0.12% since last month.
  • 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 increased 2.84% to 3,689 from 3,587 in September.
  • Average Days on Market continues to slowly decrease, going from 42 in September to 40 in October.
  • Conventional loan sales of 43.7% exceeded Cash Sales of 23.7%.
  • Full October 2017 MLS Report Here   |   MLS Report Archive

    • Current Single Family Real Estate Statistics


      Prices:
      (12 Month History)
      • 229900.00,228900.00,229900.00,234950.00,233000.00,229900.00,229900.00,230000.00,231133.50,235000.00,239900.00,242500.00
      • 215000.00,206000.00,215000.00,209000.00,200000.00,200000.00,209000.00,210000.00,209000.00,219000.00,218000.00,200000.00
      • 184947.50,189250.00,189949.50,189900.00,198500.00,199500.00,193450.00,189900.00,199900.00,197500.00,209000.00,199900.00

      Information is deemed to be reliable, but is not guaranteed. © 2018


      Absorption Rate:
      (12 Month History)
      This number represents the number of months it would take to deplete the current inventory with no new listings. The absorption rate in a balanced market is typically between 5 – 7 months. A higher number would reflect more of a buyer’s market and a lower number a seller’s market.
      • 3.69,4.16,4.19,4.22,4.17,4,3.88,3.77,3.81,3.86,3.87,3.6

      Information is deemed to be reliable, but is not guaranteed. © 2018


      Inventory:
      (12 Month History)
      • 5433,6173,6288,6396,6322,6105,5933,5770,5828,5903,5948,5525
      • 2158,2123,2389,2162,2080,2118,1853,2024,1984,2074,1761,1310
      • 1220,1336,1782,1607,1778,1831,1560,1577,1459,1441,1365,1341

      Information is deemed to be reliable, but is not guaranteed. © 2018


      Sold Days on Market:
      (12 Month History)
      This number represents the average number of days between the original list date and the final sale date among the listings sold in a given month.
      • 73.9,71.9,66.1,64.0,68.1,61.6,54.1,60.0,59.4,59.3,58.8,65.0

      Information is deemed to be reliable, but is not guaranteed. © 2018


      Volume:
      (12 Month History)
      • 1774387682,2020009535,2068599622,2122861056,2082731655,2003392969,1919391248,1873818396,1895832673,1955287229,2021646753,1909638631
      • 631836280,584261875,656528717,574454764,526031971,531051772,460168495,534028798,551571617,591802278,509371664,344365618
      • 268727196,302717205,400402274,375718887,428019390,436859057,354277459,372891608,351872590,337094975,331700208,327309368

      Information is deemed to be reliable, but is not guaranteed. © 2018


      Comparison of Homes Sold – List Price to Sold Price:
      (12 Month History)
      • 220268.19,226584.73,224692.63,233801.42,240730.82,238590.42,227100.94,236456.31,241173.81,233931.28,243003.82,244078.57
      • 214936.94,220542.68,219338.94,227667.52,235088.07,233106.83,222476.45,230707.58,236045.92,228674.23,237191.70,237389.14

      Information is deemed to be reliable, but is not guaranteed. © 2018


      Sale to List Price Ratio:
      (12 Month History)
      This ratio represents the average percentage of the list price that sellers accepted in a given month.
      • 97.6,97.4,97.8,97.9,98.1,98.0,98.2,97.9,98.0,97.9,97.8,97.5

      Information is deemed to be reliable, but is not guaranteed. © 2018