Tucson, AZ Real Estate - Homes for Sale in Tucson: Michael Shiner, MBA
Michael Shiner, MBA

Tucson Housing Report December 2015

 Total Sales Volume increased significantly in December to $264,001,833, a 38.64% rise from last month’s number of $190,421,972.

 The Average Sales Price rose to $211,709 from $209,485 in November, resulting in a 1.06% increase.

 Average List Price for December is $217,610, which is an increase of 2.11% since last month.

 Total Under Contract decreased this month by 11.73% but has increased 23.47% over December 2014.

 Total Unit Sales of 1,247 is an increase of 37.18% from last month, and is an increase of 15.89% from December 2014.

 The Median Sales Price increased 4.14%, going from $169,000 in November to $176,000 in December.

New Listings decreased 7.72% from November.

Total Active Listings of 4,888 is a decrease of 4.08% since
November’s number of 5,096.

 Average Days on Market decreased to 59 in December from 60 in November.

Conventional loan sales of 34.8% exceeded Cash Sales of 28.0% this month.

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