The Tucson housing market has continued to stay strong in January. Home prices are still rising while inventory continues to decline. Check out the stats below for more details.
- New Listings decreased 4.8 percent for Single Family but increased 2.4 percent for Townhouse/Condo.
- Pending Sales increased 21.9 percent for Single Family and 9.1 percent for Townhouse/Condo.
- Inventory decreased 30.1 percent for Single Family and 21.9 percent for Townhouse/Condo.
- Median Sales Price increased 5.2 percent to $245,000 for Single Family and 9.7 percent to $170,000 for Townhouse/Condo.
- Days on Market decreased 14.6 percent for Single Family and 13.3 percent for Townhouse/Condo.
- Months Supply of Inventory decreased 33.3 percent for Single Family and 21.1 percent for Townhouse/Condo.
If you are thinking about selling your home this year, contact us today. We will show you all the benefits you get, when you list with us!
