The housing market in June is still holding steady! Overall sales have decreased by 7% from May but is still an increase by about 3% from June, 2018. Average sales price has slightly increased from May 2019. Check out all the stats from Tucson Association of Realtors below.
• Total Sales Volume of $427,698,923 is down from $463,248,158 in May, a 7.67% decrease and up 3.61% from June 2018.
• The Average Sales Price of $283,244 is an increase of 2.17% from $277,228 last month.
• Average List Price of $284,524 is a slight increase of 0.68% from $282,609 in May.
• Total Under Contract of 1,920 decreased 10.03 % since May’s number of 2,134.
• Total Unit Sales of 1,510 is a decrease of 9.63% since last month’s number of 1,671 and decreased 5.21% since June 2018.
• The Median Sales Price of $232,000 is exactly the same as it was in May but is 9.43% higher than it was in June 2018.
• New Listings of 1,899 increased 5.79% from 1,795 in May.
• Total Active Listings of 2,679 is a decrease of 0.96% from May and a decrease of 9.92% from last year.
• Average Days on Market increased to 38 this month from 37 last month.
• Conventional loan sales of 51.7% exceeded Cash Sales of 20.7%.