Tucson Real Estate Numbers at a Glance

Tucson Average Sale Price 2005 thru June 2007

Just a brief summary - The Tucson Association of Realtors released new stats on July 13th and the numbers look promising. The Tucson Real Estate market remains stable as buyers and sellers continue to work together to close deals. Although the number of homes sold is down over 19% from June 2006, the average sales price increased over 9% to $298,477. Inventory was down as more homes were under contract and there were fewer active or new listings.

Still, the days DOM (Days on Market) increased again to 64 days for June 2007, a 39% increase from June 2006 . This means Sellers will need to negotiating in order to sell, and buyers should be prepared to jump on every opportunity. New home construction has slowed significantly in the last two years so builders are offering some fantastic incentives. It's a great time to be a buyers that's ready, willing and able!

For more Tucson Real Estate sales stats visit the Tucson Association of REALTORS