Tucson MLS Statistics

 

Summary Statistics
October 2018 Real Estate Report:
  • Total Sales Volume of $322,056,857 is up from $287,318,178 in September resulting in a 12.09% increase.
  • The Average Sales Price of $251,606 is an increase of 1.14% from $248,760 last month.
  • Average List Price of $256,699 is an increase of 1.09% from $253,924 in September.
  • Total Under Contract of 1,552 is a decrease of 3.78% since September’s number of 1,613.
  • Total Unit Sales of 1,280 is an increase of 10.82% since last month’s number of 1,155 and an increase of 5.61% since October 2017.
  • The Median Sales Price of $215,000 increased 2.38% from $210,000 in September and is up 7.55% from last year’s number of $199,900.
  • New Listings of 1,803 have increased 1.29% from 1,780 in September.
  • Total Active Listings of 3,327 is an increase from 3,210 in September.
  • Average Days on Market increased from 38 to 41 this month.
  • Conventional loan sales of 48.0% exceeded Cash Sales of 24.7%.
  • Full October 2018 MLS Report Here   |   MLS Report Archive

 

Summary Statistics
September 2018 Real Estate Report:
  • Total Sales Volume of $287,318,178 is a drop from $349,507,394 in August resulting in a 17.79% decrease.
  • The Average Sales Price of $248,760 is a decrease of 4.20% from $259,663 last month.
  • Average List Price of $253,924 is a decrease of 4.15% from $264,923 in August.
  • Total Under Contract of 1,613 is a decrease of 13.23% since August’s number of 1,859.
  • Total Unit Sales of 1,155 is a decrease of 14.19% since last month’s number of 1,346 and a decrease of 4.70% since September 2017.
  • The Median Sales Price of $210,000 is a decrease of 3.20% from $216,950 in August but up 1.49% from last year’s number of $206,915.
  • New Listings of 1,780 is an increase of 1.42% from 1,755 in August.
  • Total Active Listings of 3,210 is an increase from 2,944 in August and a decrease of 10.51% since last year.
  • Average Days on Market remained at 38 this month, the same as last month.
  • Conventional loan sales of 47.9% exceeded Cash Sales of 21.8%.
  • Full September 2018 MLS Report Here   |   MLS Report Archive

 

Summary Statistics from August 2018 MLS Report:
  • Total Sales Volume of $349,507,394 is up from $347,114,173 in July resulting in a .69% increase.
  • The Average Sales Price of $259,663 is an increase of 2.26% from $253,924 last month.
  • Average List Price of $264,923 is an increase of 1.78% from $260,279 in July.
  • Total Under Contract of 1,859 is an increase of 4.67% since July’s number of 1,776 and an increase of 13.77% over August 2017.
  • Total Unit Sales of 1,346 is a decrease of 1.54% since last month’s number of 1,367 and coincidentally exactly the same number as August 2017.
  • The Median Sales Price of $216,950 is an increase of .91% from $215,000 in July and up 12.99% from last year’s number of $192,000.
  • New Listings of 1,755 is a decrease of 1.63% from 1,784 in July.
  • Total Active Listings of 2,944 is a decrease from 2,967 in July and a decrease of 15.89% since last year.
  • Average Days on Market decreased to 38 this month from 43 last month.
  • Conventional loan sales of 49.3% exceeded Cash Sales of 22.7%.
  • Full August 2018 MLS Report Here   |   MLS Report Archive

 

Summary Statistics from July 2018 MLS Report:
  • Total Sales Volume of $347,114,173 is down 15.91% from June’s number of $412,805,427 but is up 16.84% from last year.
  • The Average Sales Price of $253,924 is a decrease of .2.01% from $259,137 in June.
  • Average List Price of $260,279 is a decrease of 1.53% from last month’s number of $264,328.
  • Total Under Contract of 1,776 is a decrease of 4.31% since June’s number of 1,856.
  • Total Unit Sales of 1,367 is a decrease of 14.19% since last month’s number of 1,593 but up 6.13% since July 2017.
  • The Median Sales Price of $215,000 is an increase of 1.42% from $212,000 in June and up 10.26% from last year’s number of $195,000.
  • New Listings of 1,784 are a decrease of 5.46% from 1,887 in June.
  • Total Active Listings of 2,967 are a slight decrease from 2,974 in June.
  • Average Days on Market increased to 43 this month from 39 last month.
  • Conventional loan sales of 46.2% exceeded Cash Sales of 21.7%.
  • Full July 2018 MLS Report Here   |   MLS Report Archive

 

Summary Statistics from June 2018 MLS Report:
  • Total Sales Volume of $412,805,427 is a decrease of 0.14% from May’s number of $413,401,140 but an increase of 11.12% since June 2017.
  • The Average Sales Price of $259,137 is a decrease of .90% from $261,480 in May.
  • Average List Price of $264,328 is a decrease of 1.09% from last month’s number of 267,234.
  • Total Under Contract of 1,856 is a decrease of 13.03% since May’s number of 2,134.
  • Total Unit Sales of 1,593 are .76% higher than May’s 1,581 and up 4.25% from this time last year.
  • The Median Sales Price of $212,000 decreased from $216,500 last month but is up 3.41% from June 2017.
  • New Listings of 1,887 are down from 1,981 last month, resulting in a 4.75% decrease.
  • Total Active Listings of 2,974 are a decrease from 3,048 in May.
  • Average Days on Market decreased from 41 last month to 39.
  • Conventional loan sales of 47.8% exceeded Cash Sales of 22.5%.
  • Full June 2018 MLS Report Here   |   MLS Report Archive

 

Summary Statistics from May 2018 MLS Report:
  • Total Sales Volume of $413,401,140 is an increase of 10.09% from last month’s number of $375,510,677 and an increase of 14.51% over May 2017.
  • The Average Sales Price of $261,480 is an increase of 1.11% from $258,616 in April.
  • Average List Price of $267,234 increased by 1.05% over April’s 264,467.
  • Total Under Contract decreased 1.52% since last month going from 2,167 to 2,134.
  • Total Unit Sales of 1,581 is up this month over April’s number of 1,452, resulting in an 8.88% increase, and is up 7.55% over May 2017.
  • The Median Sales Price of $216,500 is an increase of .70% since April’s 215,000.
  • New Listings of 1,981 are down from 2,006 in April but are an increase of 3.28% from May 2017.
  • Total Active Listings of 3,048 is a decrease of 1.58% from April.
  • Average Days on Market decreased this month to 41 from 43 in April.
  • Conventional loan sales of 45.2% exceeded Cash Sales of 24.9%.
  • Full May 2018 MLS Report Here   |   MLS Report Archive

 

Summary Statistics from April 2018 MLS Report:
  • Total Sales Volume of $375,510,677 is an increase of 4.19% from March’s number of $360,404,000 and an increase of 18.58% over April 2017.
  • The Average Sales Price of $258,616 is an increase of 4.91% from $246,514 in March.
  • Average List Price of $264,467 is an increase of 4.55% from last month’s number of $252,954.
  • Total Under Contract increased to 2,167 from 2,157 in March.
  • Total Unit Sales declined this month to 1,452 from 1,462 last month resulting in a 0.68% decrease, but increased 9.01% over April 2017.
  • The Median Sales Price of $215,000 is an increase of 2.38% since March.
  • New Listings rose from 1,962 in March to 2,006 in April, a 2.24% increase.
  • Total Active Listings of 3,097 is a decrease of 2.79% from March, and a 10.13% decrease from April 2017.
  • Average Days on Market held at 43 this month, exactly the same as they were in March.
  • Conventional loan sales of 45.5% exceeded Cash Sales of 25.9%.
  • Full April 2018 MLS Report Here   |   MLS Report Archive

 

Summary Statistics from March 2018 MLS Report:
  • Total Sales Volume this month of $360,404,000 is an increase of 33.47% from last month’s number of $270,019,575.
  • The Average Sales Price of $246,514 is a decrease of 1.04% from $249,095 in February.
  • Average List Price of $246,514 is a decrease of 3.43% from last month’s number of $255,269.
  • Total Under Contract increased from 1,998 in February to 2,157 this month.
  • Total Unit Sales jumped from 1,084 in February to 1,462 this month, up 34.87%, but down by .07% from March 2017.
  • The Median Sales Price of $210,000 is up 1.45% from $207,000 in February, and up 6.60% since this time last year.
  • New Listings increased to 1,962 from 1,776 last month.
  • Total Active Listings of 3,186 decreased from last month’s number of 3,293, a 3.25% drop.
  • Average Days on Market dropped to 43 from 49 last month.
  • Conventional loan sales of 43.6% exceeded Cash Sales of 27.6%.
  • Full March 2018 MLS Report Here   |   MLS Report Archive

 

Summary Statistics from February 2018 MLS Report:
  • Total Sales Volume of $270,019,575 is UP 18.51% from last month.
  • The Average Sales Price of $249,095 is an increase of 2.33% from $243,431 in January.
  • Average List Price increased to $255,269 from $249,970 last month, a 2.12% change.
  • Total Under Contract increased from 1,823 in January to 1,998 this month.
  • Total Unit Sales of 1,084 are up 15.81% from January’s 936 but are down 2.61% from February 2017.
  • The Median Sales Price of $207,000 rose from $200,000 last month, a 3.50% increase and is up 6.70% from this time last year when it was $194,000.
  • New Listings decreased to 1,776 from 2,019 last year, a 12.04% drop.
  • Total Active Listings of 3,293 is down 2.43% from 3,375 in January.
  • Average Days on Market held at 49, exactly what is was last month.
  • Conventional loan sales of 42.7% exceeded Cash Sales of 27.8%.
  • Full February 2018 MLS Report Here   |   MLS Report Archive

 

Summary Statistics from January 2018 MLS Report:
  • Total Sales Volume of $227,851,861 is a decrease of 17.72% from last month’s number of $276,914,274 but an increase of 2.99% over January 2017.
  • Average Sales Price of $243,431 is a decrease of 1.89% from last month’s number of $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, a 16.13% decrease.
  • The Median Sales Price, $200,000, is down from $205,000 in December resulting in a 2.44% 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% increase.
  • 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%.
  • Full January 2018 MLS Report Here   |   MLS Report Archive

 

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)
  • 243900.00,239900.00,242000.00,242065.00,245000.00,249000.00,249000.00,248900.00,250000.00,249900.00,249950.00,253500.00
  • 215000.00,199900.00,225000.00,224900.00,219700.00,220000.00,220000.00,219900.00,220000.00,219700.00,225000.00,225000.00
  • 209000.00,199900.00,195900.00,205000.00,199900.00,209900.00,207950.00,207000.00,209000.00,210000.00,205000.00,209900.00

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.
  • 3.54,3.68,3.68,3.97,4.02,3.98,3.84,3.67,3.46,3.41,3.4,3.39

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


Inventory:
(12 Month History)
  • 5458,5668,5656,6055,6151,6108,5965,5776,5488,5457,5470,5438
  • 1761,1312,2344,2104,2458,2292,2316,2139,1933,2252,1951,2124
  • 1378,1364,1132,1343,1836,1848,2002,1974,1707,1699,1433,1590

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.
  • 58.7,64.8,64.3,69.4,63.4,61.5,55.4,53.0,55.2,50.6,48.9,52.1

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


Volume:
(12 Month History)
  • 1870016724,1908842894,1926766169,2042813180,2084728395,2074850881,2050442615,1984958232,1896854150,1862855022,1891356225,1923883700
  • 501124555,340376106,677606273,602153238,672902433,652806148,621542001,559371286,507009566,601665821,547862207,623542944
  • 334685032,332383512,269493133,329738679,442184016,464662090,504534472,495887857,420161060,428847198,348962909,390215881

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


Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
  • 242877.38,243682.93,238068.14,245523.96,240840.97,251440.52,252015.22,251082.46,245995.94,252263.06,243519.13,245110.48
  • 237051.48,237014.88,231819.72,239416.19,234827.11,245572.27,245736.25,246054.41,240154.13,247212.38,238477.76,240040.76

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.
  • 97.8,97.4,97.4,97.7,97.8,98.0,98.1,98.2,97.9,98.2,98.1,98.0

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