The Monthly Statistics for October 2016 are out for Tucson and the surrounding area. Here's what they show:
Total Sales Volume is down this month to $273,080,211 from Last month's number of $293,536,476, which is a decrease of 6.97%, but an increase of 8.65% since October 2015.
The average Sales Price dropped 1.65% to $216,902, from $220,538 in September.
Average List Price of $222,728 is an increase of 2.99% from September's number of $216,257.
Total Under Contract increased by .48% this month.
Total Unit Sales 1,259 is down 5.41% from 1331 in September, but is up 5.98% from October 2015.
The Median Sales Price $178,000 is up .56% from last month's number of $177,000 and 2.99% over October 2015.
New Listings, 2061 is an increase of 5.42% from September's number of 1,955.
Total Active Listings of 4103 is an increase of 2.68% since September.
Average Days on Market stayed at 49 for the second month in a row.
This is great news for the Tucson Real Estate Market with Average List Prices increasing and also Total Homes under contract increasing. If you are thinking of buying or selling a home to take advantage of this market, please give me a call.
Darci Dunn 520-444-0344 eXp Realty darcidunn.com
Author:Darci Dunn Phone: 520-444-0344 Dated: November 8th 2016 Views: 45 About Darci: ...
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