Tucson MLS Statistics

 

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

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    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)
          • 243200.00,235000.00,229900.00,229900.00,230000.00,230000.00,234900.00,239000.00,239900.00,242700.00,244000.00,249500.00
          • 209000.00,200000.00,200000.00,209000.00,210000.00,209000.00,219000.00,215000.00,199925.00,225000.00,225000.00,219990.00
          • 189900.00,198500.00,199250.00,193450.00,189900.00,199900.00,197200.00,209000.00,199900.00,195900.00,205250.00,199900.00

          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.
          • 3.69,4.06,3.97,3.87,3.77,3.81,3.88,3.92,3.74,3.7,3.95,3.89

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


          Inventory:
          (12 Month History)
          • 5592,6160,6059,5912,5770,5844,5938,6021,5743,5658,6008,5909
          • 2161,2080,2117,1853,2024,1985,2074,1761,1312,2344,2104,2453
          • 1608,1780,1832,1560,1579,1462,1446,1373,1362,1131,1336,1811

          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.
          • 63.9,68.1,61.6,54.1,60.0,59.4,59.3,58.7,64.9,64.4,69.2,63.1

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


          Volume:
          (12 Month History)
          • 1921463321,2035607264,1983210850,1906458191,1865492825,1889380971,1951099106,2022651676,1941826849,1941253114,2050962502,2043585665
          • 573985178,525543193,529973997,459681124,532858960,549189055,588482203,503206050,340954280,681172429,607742851,680111035
          • 375877887,428663390,436959057,354277459,373206408,352514490,338151465,333377132,332006712,269310133,327152998,436865492

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


          Comparison of Homes Sold – List Price to Sold Price:
          (12 Month History)
          • 233754.90,240822.13,238514.77,227100.94,236356.18,241117.98,233853.02,242809.27,243764.11,238116.83,244875.00,241228.87
          • 227624.82,235185.17,233025.99,222476.45,230616.05,235981.87,228609.05,236994.20,237087.00,231888.73,238798.56,235187.07

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

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