Tucson Market Statistics

 

Tucson Real Estate Absorption Rate

  • 8.38,8.16,7.93,7.46,7.17,6.9,6.47,6.11,6.1,5.93,5.65,5.3

Information is deemed to be reliable, but is not guaranteed. © 2012

  

Tucson Real Estate Sales Volume

  • 2235087528,2212976222,2156737080,2012133910,1927738145,1844323055,1758501584,1744430555,1785196101,1805671264,1768703644,1715383241
  • 173248281,205652433,218396175,225661365,232466031,208215691,188755540,178744503,163421146,172829026,172041988,150422468

Information is deemed to be reliable, but is not guaranteed. © 2012
Absorption rate: a measure of supply and demand in the market. 6 months is a balanced market.
Lower absorption rate=stronger seller’s market
Higher absorption rate=stronger buyer’s market		 Volume: a measure of the total real estate sales volume, in millions.
Higher volume=more real estate sales activity or higher priced real estate sales activity
Lower volume=less real estate sales activity or lower priced real estate sales activity.
 

Tucson Real Estate Median Sales Prices

  • 145000.00,139900.00,135000.00,137900.00,135000.00,136450.00,134900.00,144500.00,149825.00,146990.00,129900.00,154900.00
  • 135300.00,123500.00,130000.00,125000.00,125000.00,124900.00,120000.00,115000.00,120000.00,122000.00,118000.00,125000.00

Information is deemed to be reliable, but is not guaranteed. © 2012

  

Tucson Real Estate Average Sales Price

  • 217361.42,203664.67,197192.16,198229.22,198835.84,189900.52,200392.38,211211.03,211780.06,212132.09,204674.98,240135.78
  • 179531.90,160917.40,173055.61,165198.66,165574.10,169418.79,152222.21,147357.38,150618.57,155842.22,161845.71,155234.75

Information is deemed to be reliable, but is not guaranteed. © 2012
Median Sales Price: the price at which half of the homes sold for more and half the homes sold for less.
A strong indicator of true market price activity.		 Average Sales Price: the total price of all homes sold divided by the number of homes sold.
When average sales price is close to the median, most properties are selling in a close range.
When average sales price is significantly different than the median, either much higher or much lower priced properties are affecting this statistic.