Tucson, AZ Real Estate - Homes for Sale in Tucson: Michael Shiner, MBA
Michael Shiner, MBA
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Tucson Housing Report – May 2015

Total Sales Volume continued to increase this month by 3.11%, going from $291,466,552 in April to $300,526,884 in May. This is also a 20.92% increase since May 2014.

The Average Sales Price increased by 2.74% this month to $216,517 from $210,749 in April.

Average List Price of $223,168 is an increase of 2.49%, since last month.

Total Under Contract decreased by 3.60% from April.

Total Unit Sales of 1,388 is up slightly from April’s number of
1,383, resulting in a .36% increase.

The Median Sales Price rose slightly this month to $171,250 from $167,500 in April, a 2.24% increase.

New Listings decreased 2.45% from April.

Total Active Listings of 5,250 is a 4.32% decrease from April’s
number of 5,487.

Average Days on Market decreased to 62 in May from 66 in April.

Conventional loan sales of 36.5 exceeded Cash Sales of 25.6% this month.

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