Tucson's September home sales statistics by area

Sorry I'm a little late but here are the September Tucson real estate stats by area. As you'll see North, East and the extended South part of Tucson all saw price increases for the month of September, while the rest of Tucson saw more price decreases. North Tucson, also known as the Catalina Foothills, is one of the few areas in Tucson that sees consistent home price increases each month. Communities in the Foothills are more established, and situated among several luxury resorts, fine dining and expensive boutiques and galleries. All of these features and a location at the base of the Catalina Mountains makes North Tucson a popular choice for those that can afford it, so I'm not surprised at this area's consistency. I was surprised to see such a large decrease in the average sales price of homes in Central Tucson. Homes in this area are usually in high demand with college students due to the close proximity to University of Arizona. The 15% sales price decrease that Central Tucson saw in September makes me wonder if more students are renting or staying at home longer due to the many mortgage issues that are currently plaguing our nation.

Tucson Average Sales Price by Area for September

Overall the average DOM increased again for the Tucson housing market in September. Northwest Tucson had the highest number of active listings for September with 2,409; this is probably why they also had one of the higher DOM's. The only areas that saw fewer DOM were Tucson's South and extended Southwest areas.

Tucson Days on Market by Area for September

As I've mentioned before, Tucson is a popular destination spot, especially in the winter months when ice and snow storms hit the NE and Midwest parts of the country. Sunny and 75 degrees on New Years day is pretty inviting to most people, so as we move in Tucson's "busy season" it's going to be interesting to see if the Tucson real estate market pulls in more home buyers looking for winter getaways!