Tucson Home Sales

Here’s a snapshot of what's happening in home sales for the greater Tucson metro area for November 2006 vs November 2005. These figures include single family homes, condo/townhomes and manufactured homes, and they are courtesy of the Tucson Association of REALTORS® Multiple Listing Service, Inc
Sales Snapshot
Home Sales Volume
Decreased 18.97% from $324,188,934 in November
2005 to $262,678,035 in November 2006.
Home Sales Units
Decreased 19.44% from 1,219 in November 2005 to
982 in November 2006.
Average Sales Price (all residential types)
Increased 0.58% from $265,947 in November 2005 to
$267,493 in November 2006.
Median Sales Price
Decreased 3.54% from $226,000 in November 2005 to
$218,000 in November 2006.
Average Days on Market
Increased 76.47% from 34 days in November 2005 to
60 days in November 2006.
Pending Contracts (not yet closed in escrow)
Decreased 41.69% from 1,528 in November 2005 to
891 in November 2006.
Active Listings
Increased 66.33% from 5,554 in November 2005 to
9,238 in November 2006.
New Listings
Increased 2.90% from 2,313 in November 2005 to
2,380 in November 2006