Overall Tucson closed with 1702 total sales for the month of July 2019 that is up 12% over July 2018.
Tucson’s median price is up an astounding 10% over July 2018 at $230k.
As trends seem to favor sellers, we are still 1% less in total sales at this time last year with a total of 11,220 closed sales year to date.
With current inventory levels at 1.7%, it is clearly a seller’s market.
Let’s take a deeper dive into this seller’s market. July had 1868 properties go under contract representing an 11% increase over July 2018 contrast that with a 10% reduction in active listings over July of last year and it is clearly a seller’s market, more demand fewer available homes makes it a great time to sell.
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