There are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage.Don’t Become Trapped
TUCSON MONTHLY STATISTICS FOR OCTOBER 2016
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.
I have a vast knowledge of the home industry. With both a Real Estate and Mortgage background I am able to help my buyers maneuver through the home buying process with less stress. I respect my client....
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