Tucson Market Statistics

 

Tucson Real Estate Absorption Rate

  • 7.46,7.18,6.9,6.48,6.12,6.12,5.97,5.72,5.44,5.29,4.93,4.38

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

  

Tucson Real Estate Sales Volume

  • 2009344650,1925984088,1841277304,1754284512,1739852919,1779427120,1799051637,1763477691,1714476633,1730662598,1673233899,1575678519
  • 226106365,232466031,208215691,189204040,179265468,163623578,173217811,174269452,151727619,184793457,246774035,236077695

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

  • 137900.00,135000.00,135500.00,134900.00,144900.00,149000.00,145000.00,129900.00,150000.00,144900.00,155000.00,149000.00
  • 125000.00,125000.00,124900.00,120000.00,115000.00,120000.00,121850.00,118000.00,125000.00,124900.00,130795.50,130874.50

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

  

Tucson Real Estate Average Sales Price

  • 198004.98,198200.97,189343.32,199290.39,209643.00,210227.83,210075.52,201548.98,235136.16,208750.15,224834.83,222824.85
  • 165403.34,165574.10,169418.79,152215.64,147543.60,150389.32,155631.46,162111.12,155299.51,163969.35,165176.73,172068.29

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.