Wednesday, November 21, 2007

Tucson sales statistics by area

Just wanted to post the Tucson real estate sales stats by area before everyone heads out for the holiday weekend. Sales prices were mixed over the city, with some areas seeing declines and some seeing increases from September's numbers.

Comparing the average sales prices by area, Extended Southwest Tucson saw the biggest decrease, down 19% from September to October. East Tucson wasn't far behind with a sales price decrease of almost 16%.

The extended portion of NW Tucson saw the biggest increase in average sales price; up 40% to an average price of $221,689. This increase is a little misleading; when you look at the sales stats for this area you'll see that only five homes sold in XNW Tucson in October, the highest priced being $385K. In September the were 8 homes in XNW Tucson that sold, most priced below $200K.

Central Tucson also saw a sizable increase, up 16% from September's average sales price of $187,751 to $233,689 for October. This number is a little misleading as well; one home in Central Tucson sold for $1.1 million while about half of the rest of the homes sold for less then $210K.

Northwest Tucson saw a 2% decrease in average sales price for October; not too bad considering this area has the largest number of active listings at 2460.

Tucson Average Sales Price by Area for October



Although Tucson's overall Average Days on Market for October decreased to 70 from 73, parts of the city did see significant increases for the month.


Tucson Average Days on Market by Area



Once again NW Tucson had the highest number of Active listings at 2460, while Central fell into second place with 1159.

Tucson Active Listings by Area for October


I don't have much to comment about (my mind is occupied as I'm thinking about turkey and sweet potato pie). We'll just take it one day at a time and see what the future holds for Tucson real estate.




1 comment:

Anonymous said...

Once again NW Tucson had the highest number of Active listings at 2460, while Central fell into second place with 1159.


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Julie
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