Tucson Real Estate Market Report – March 2012

Below are some highlights from the February Residential Sales Statistics released by Tucson MLS for February 2012.

Total Sales Volume
  2012 2011 Annual % Change
February $167,639,105 $160,319,228       4.57%
January $143,708,985 $130,258,440     10.33%
Month % Change  16.65%  23.08%  
       
Total Unit Sales
  2012 2011 Annual % Change
February 1019 879       15.93%
January  915 780     17.31%
Month % Change 11.37% 12.69%  
       
Median Sales Price
  2012 2011 Annual % Change
February $125,000 $137,000 – 8.76%
January $125,000 $134,250 – 6.89%
Month % Change 0% 2.05%  
       
Active Listings
  2012 2011 Annual % Change
February 4,560 6,947 -34.36%
January 4,840 7,147 -32.28%
Month % Change -5.79% -2.80%  
       
Total under Contract
  2012 2011 Annual % Change
February 2,618 2,272 15.23%
January 2,398 2,013 19.13%
Month % Change 9.17% 12.87%  


   
  • Total Sales Volume is up 16.65% from January
  • Average List Price increased from $164,112 in January to $171,723 in February – an increase of 4.64%
  • Total Unit Sales rose 11.37%
    over January
  • Average Sales Price rose 4.75% from January
  • Number of Properties under Contract increased 9.17% over January
  • Average days on market decreased from 80 days in January to 77 days in February

 

 

Tucson Real Estate Market Report – March 2011

Tucson Main Market
Active listings in February 2011 were 8,169 compared to 8,225 in January 2011. 
There were 865 closings in February compared to 769 in January.
Median price of sold homes was $137,900 in February compared to $134,500 in January.
There were 1,103 new properties under contract in February 2011, down 3% from February 2010.
Number of closings in February 2011 was 20% above February 2010.
Median price of sold homes in February 2011 was 8% below February 2010.

Central
There were 1,016 active listings in February 2011 compared to 984 in January 2011.
There were 89 closings in February compared to 95 in January.
Median price of sold homes was $115,000 in February compared to $110,000 in January.
Number of new properties under contract in February 2011 was down 34% from February 2010.
Number of closings in February 2011 was 24% above February 2010.
Median price of sold homes in February 2011 was 17% above February 2010.

East
There were  523 active listings in February 2011 compared to 525 in January 2011.
There were 54 closings in February compared to 61 in January.
Median price of sold homes was $127,900 in February compared to $124,000 in January.
Number of new properties under contract were up 10% from February 2010.
Number of closings in February 2011 was 8% above February 2010.
Median price of sold homes in February 2011 was down 10% from February 2010.

North
There were 807 active  listings in February 2011 compared to 810 in January 2011.
There were 78 closings in January compared to 54 in January.
Median price of sold homes remained the same at $300,000 in February.
Number of new properties under contract was down 3% from February 2010.
Number of closings in February 2011 was 14% below January 2010.
Median price of sold homes in January 2011 was down 39% from February 2010.

Northeast
The number of active listings in February was 443 compared to 416 in January.
There were 37 closings in February compared to 36 in January.
Median price of sold homes was $221,100 in February compared to $206,700 in January.
Number of new properties under contract in February 2011 was 12% below February 2010.
Number of closings in February 2011 was 10% below February 2010.
Median price of sold homes in February 2011 was down 4% from February 2010.

Northwest
There were 2,074 active listings in February 2011 compared to 2,107 in January.
There were 243 closings in February compared to 197 in December.
Median price of sold homes was $185,000 in February compared to $168,000 in January.
Number of new properties under contract in February 2011 was up 14%  from February 2010.
Number of closings in February 2011 was 27% above February 2010.
Median price of sold homes in February 2011 was 14% below February 2010.

Oro Valley
There were 504 active listings in February 2011 compared to 508 in January.
There were 53 closings in February compared to 37 in January.
Median price of sold homes was $265,000 in February compared to $200,000 in January.
Number of new properties under contract in February 2011 was down 5% from February 2010.
Number of closings in February 2011 was 51% above February 2010.
Median price of sold homes in February 2011 was down 7% from February 2010.

South
There were 556 active listings in February compared to 558 in January.
There were 63 closings in February compared to 65 in January.
Median price of sold homes was $74,500 in February compared to $75,000 in January.
Number of new properties under contract in February 2011 were up 3% from February 2010.
Number of closings in February 2011 was 5% below February 2010.
Median price of sold homes in February 2011 was down 12% from February 2010.

Southeast
There were 658 active listings in February compared to 675 in January.
There were 75 closings in February compared to 71 in January.
Median price of sold homes was $128,500 in February compared to $141,000 in January.
Number of new properties under contract in February 2011 were down 1% from February 2010.
Number of closings in February 2011 was 32% above February 2010.
Median price of sold homes in February 2011 was 16% below February 2010.

Southwest
The number of active listings in February was 590 compared to 609 in January.
There were 74 closings in February compared to 60 in January.
Median price of sold homes was $90,000 in February compared to $85,000 in January.
Number of new properties under contract for February 2011 was down 13% from February 2010.
Number of closings in February 2011 was 4% above February 2010.
Median price of sold homes in February 2011 was down 14%  from February 2010.

West
The number of active listings in February 2011 was 420 compared to 427 in January 2010.
There were 37 closings in February compared to 44 in December.
Median price of sold homes was $115,900 in February compared to $140,500 in January.
Number of new properties under contract in February 2011 was down 3% from February 2010.
Number of closings in February 2011 was virtually unchanged from February  2010.
Median price of sold homes in February 2011 was down 8% from February 2010.

Announcing a Great New Tool!

The Wendling Team is excited to announce a great new tool which makes it possible for you to receive immediate MLS information on a property…sent directly to your cell phone!  When you are driving around and see a property in the Tucson area, Green Valley or Sierra Vista…and would like to receive information and photos on a home, simply text LONGWENDLING to 59559 – then when prompted…text house number and/or street name for immediate info!

Tucson Real Estate Market Report – January 2011

Tucson Main Market
Active listings in December were 7,650 compared to 8,311 in November. 
There were 928 closings in December compared to 800 in November.
Median price of sold homes was $139,700 in December compared to $139,775 in November.
There were 942 new properties under contract in December 2010, up 22% from December 2009.
Number of closings was 9% above December 2009.
Median price of sold homes was 10% below December 2009.

Central
There were 928 active listings in December compared to 1013 in November.
There were 98 closings in December compared to 80 in November.
Median price of sold homes was $121,650 in December compared to $115,000 in November.
Number of new properties under contract were up 40% from December 2009.
Number of closings were 4% below December 2009.
Median price of sold homes was 9% below December 2009.

East
There were  502 active listings in December compared to 557 in November.
There were 55 closings in December compared to 63 in November.
Median price of sold homes was $124,000 in December compared to $130,000 in November.
Number of new properties under contract were up 37% from December  2009.
Number of closings was 8% above December 2009.
Median price of sold homes was down 18% from December 2009.

North
Active listings in December were 727 compared to 787 in November.
There were 80 closings in December compared to 50 in November.
Median price of sold homes was $330,000 in December compared to $377,000 in November.
Number of new properties under contract were up 19% from December 2009.
Number of closings were 27% above December 2009.
Median price of sold homes was down 13% from December 2009.

Northeast
Active listings in December were 398 compared to 446 in November.
There were 46 closings in December compared to 34 in November.
Median price of sold homes was $207,500 in December compared to $248,500 in November.
Number of new properties under contract were up 15% from December 2009.
Number of closings were 18% above December 2009.
Median price of sold homes was down 15% from December 2009.

Northwest
Active listings in December were 1,956 compared to 2,140 in November.
There were 232 closings in December compared to 193 in November.
Median price of sold homes was $174,950 in December compared to $175,000 in November.
Number of new properties under contract were up 44%  from December 2009.
Number of closings were 29% above December 2009.
Median price of sold homes was 17% below December 2009.

Oro Valley
Active listings in December were 460 compared to 485 in November.
There were 40 closings in December compared to 39 in November.
Median price of sold homes was $267,500 in December compared to $218,000 in November.
Number of new properties under contract were up 3% from December 2009.
Number of closings were 3% above December 2009.
Median price of sold homes was up 1% from December 2009.

South
Active listings in December were 511 compared to 537 in November.
There were 84 closings in December compared to 80 in November.
Median price of sold homes was $79,900 in December compared to $79,932 in November.
Number of new properties under contract were virtually unchanged from December 2009.
Number of closings were 8% above December 2009.
Median price of sold homes was down 12% from December 2009.

Southeast
Active listings were  634 in December compared to 692 in November.
There were 93 closings in December compared to 79 in November.
Median price of sold homes was $135,000 in December compared to $153,000 in November.
Number of new properties under contract were up 24% from December 2009.
Number of closings were 18% above December 2009.
Median price of sold homes was 21% below December 2009.

Southwest
Active listings in December were 565 compared to 605 in November.
There were 77 of closings in December compared to 73 in November.
Median price of sold homes was $101,000 in December compared to $95,000 in November.
Number of new properties under contract were down 16% from December 2009.
Number of closings were 19% below December 2009.
Median price of sold homes was down 13% from December 2009.

West
Active listings were 384 in December compared to 428 in November.
There were 54 closings in December compared to 42 in November.
Median price of sold homes was $98,950 in December compared to $113,400 in November.
Number of new properties under contract were up 14% from December 2009.
Number of closings were 6% above December 2009.
Median price of sold homes was down 22% from December 2009.

Tucson Real Estate Market Report _ November 2010

Tucson Main Market
Active listings in October were 8,040 compared to 7,355 in September. 
There were 754 closings in October compared to 875 in September.
Median price of sold homes was $140,000 in October compared to $146,000 in Sept.
There were 892 new properties under contract in October 2010, down 17% from October 2009.
Number of closings were 24% below October 2009.
Median price of sold homes was 12% below October 2009.

Central
There were 993 active listings in October compared to 911 in September.
Number of closings in October were 94 compared to 104 in September.
Median price of sold homes was $125,000 in October compared to $120,000 in Sept.
New properties under contract were down 34% from October 2009.
Number of closings were 24% below October 2009.
Median price of sold homes was 14% below October 2009.

East
There were  546 active listings in October compared to 504 in September.
Number of closings in October were 62 compared to 65 in September.
Median price of sold homes was $128,450 in October compared to $160,000 in Sept.
New properties under contract were down 16% from October  2009.
Number of closings was 24% below October 2009.
Median price of sold homes was down 19% from October 2009.

North
Active listings in October were 750 compared to 664 in September.
There were 52 closings in October compared to 61 in September.
Median price of sold homes was $282,000 in October compared to $308,000 in Sept.
New properties under contract were down 16% from October 2009.
Number of closings were 19% below October 2009.
Median price of sold homes  was down 21% from October 2009.

Northeast
Active listings in October were 452 compared to 437 in September.
There were 35 closings in October compared to 44 in September.
Median price of sold homes was $240,000 in October compared to $227,450 in Sept.
New properties under contract were down 15% from October 2009.
Number of closings were 5% below October 2009.
Median price of sold homes was down 17% from October 2009.

Northwest
Active listings in October were 2,065 compared to 1,880 in September.
There were 186 closings in October compared to 208 in September.
Median price of sold homes was $179,950 in October compared to $184,500 in Sept.
New properties under contract were down 8%  from October 2009.
Number of closings were 24% below October 2009.
Median price of sold homes was 10% below October 2009.

Oro Valley
Active listings in October were 452 compared to 415 in September.
There were 36 closings in October and 36 in September.
Median price of sold homes was $237,500 in October compared to $268,000 in Sept.
New properties under contract were down 2% from October 2009.
Number of closings were 12% below October 2009.
Median price of sold homes was 13% below October 2009.

South
Active listings in October were 524 compared to 465 in September.
Number of closings were 80 in October compared to 106 in September.
Median price of sold homes was $89,750 in October compared to $96,505 in Sept.
New properties under contract were down 23% from October 2009.
Number of closings were 18% below October 2009.
Median price of sold homes was up 9% from October 2009.

Southeast
Active listings were  688 in October compared to 634 in September.
There were 83 closings in October compared to 81 in September.
Median price of sold homes was $150,000 in October compared to $142,000 in Sept.
New properties under contract were up 8% from October 2009.
Number of closings were 10% below October 2009.
Median price of sold homes was 5% below October 2009.

Southwest
Active listings in October were 561 compared to 505 in September.
Number of closings were 52 in October compared to 71 in September.
Median price of sold homes was $112,000 in October compared to $95,000 in Sept.
New properties under contract were down 24% from October 2009.
Number of closings were 46% below October 2009.
Median price of sold homes was down 3% from October 2009.

West
Active listings were 391 in October compared to 349 in September.
Number of closings were 26 in October compared to 41 in September.
Median price of sold homes was $116,000 in October compared to $142,000 in Sept.
New properties under contract were down 59% from October 2009.
Number of closings were 54% below October 2009.
Median price of sold homes was down 11% from October 2009.

Tucson Real Estate Market Report-October 2010

 

Tucson Main Market
Active listings in September were 7,355 compared to 7,113 in August. 
There were 875 closings in September compared to 862 in August.
Median price of sold homes was $146,000 in September compared to $152,250 in August.
There were 1,407 new properties under contract in September 2010, up 27% from September 2009.
Number of closings were 6% below September 2009.
Median price of sold homes was 11% below September 2009.

Central
There were 911 active listings in September compared to 921 in August.
Number of closings in September were 104 compared to 100 in August.
Median price of sold homes was $120,000 in September compared to $132,450 in August.
New properties under contract were up 42% from September 2009.
Number of closings were 1% above September 2009.
Median price of sold homes was 19% below September 2009.

East
There were 504 active listings in Sept. compared to 482 in August.
Number of closings in September were 65 compared to 57 in August.
Median price of sold homes was $160,000 in Sept. compared to $141,000 in August.
New properties under contract were up 47% from Sept. 2009.
Number of closings were virtually unchanged from Sept. 2009.
Median price of sold homes was down 4% from Sept. 2009.

North
Active listings in Sept. were 664 compared to 661 in August.
There were 61 closings in Sept. compared to 68 in August.
Median price of sold homes was $308,000 in Sept. compared to $317,500 in August.
New properties under contract were up 38% from Sept. 2009.
Number of closings were 18% below Sept. 2009.
Median price of sold homes in Sept. was down 6% from Sept. 2009.

Northeast
Active listings in September were 437 compared to 429 in August.
There were 44 closings in September compared to 37 in August.
Median price of sold homes was $227,450 in September compared to $281,500 in August.
New properties under contract were up 64% from September 2009.
Number of closings were 19% above September 2009.
Median price of sold homes was down 10% from September 2009.

Northwest
Active listings in September were 1,880 compared to 1,792 in August.
There were 208 closings in September compared to 215 in August.
Median price of sold homes was $184,500 in September compared to $190,500 in August.
New properties under contract were up 30% from September 2009.
Number of closings were 12% below September 2009.
Median price of sold homes was 8% below September 2009.

Oro Valley
Active listings in September were 415 compared to 398 in August.
There were 36 closings in September compared to 51 in August.
Median price of sold homes was $268,000 in September compared to $274,000 in August.
New properties under contract were up 57% from September 2009.
Number of closings were 28% below September 2009.
Median price of sold homes was 7% above September 2009.

South
Active listings in September were 465 compared to 427 in August.
Number of closings were 106 in September compared to 77 in August.
Median price of sold homes was $96,505 in September compared to $85,000 in August.
New properties under contract were up 4% from September 2009.
Number of closings were 8% above September 2009.
Median price of sold homes was up 7% from September 2009.

Southeast
Active listings were 634 in September compared to 637 in August.
There were 81 closings in September compared to 86 in August.
Median price of sold homes was $142,000 in September compared to $155,000 in August.
New properties under contract were up 22% from September 2009.
Number of closings were 5% below September 2009.
Median price of sold homes was 7% below September 2009.

Southwest
Active listings in September were 505 compared to 456 in August.
Number of closings were 71 in September compared to 92 in August.
Median price of sold homes was $95,000 in September compared to $99,198 in August.
New properties under contract were up 31% from September 2009.
Number of closings were 13% below September 2009.
Median price of sold homes was down 19% from September 2009.

West
Active listings were 349 in September compared to 360 in August.
Number of closings were 41 in September compared to 37 in August.
Median price of sold homes was $142,000 in September compared to $143,000 in August.
New properties under contract were up 10% from September 2009.
Number of closings were 15% below September 2009.
Median price of sold homes was up 11% from September 2009.

Tucson Real Estate Market Report – August 2010

Tucson Main Market
Active listings in July were 7,047  compared to 6,935 in June.
There were 792 closings in July compared to 1,158 in June.
Median price of sold homes remained the same at $150,000 in July.
There were 1,296 new properties under contract in July 2010,  up 21% from July 2009.
Closings were  32% below July 2009.
Median price of sold homes was  11% below July 2009.

Central Area 
Active listings in July were 931 compared to 930 in June.
There were 111 closings in July compared to 151 in June.
Median price of sold homes was $124,000 in July compared to $125,000 in June.
New properties under contract were up 13% from July 2009.
Closings were 35% below July 2009.
Median price of sold homes was 16% below July 2010.

East
Active listings in July were 504 compared to 453 in June.
There were 50 closings in July compared to 86 in June.
Median price of sold homes was $155,000 in July compared to $136,500 in June.
New properties under contract were down 2% from July 2009.
Closings were  39% below July 2009.
Median price of sold homes was virtually unchanged from July 2009.

North
Active listings in July were 713 compared to 732 in June.
There were 70 closings in July compared to 83 in June.
Median price of sold homes was $360,350 in July compared to $340,000 in June.
New properties under contract were up 23% from July 2009.
Closings were  23% below July 2009.
Median price of sold homes in June was  down 9% from July 2009.

Northeast 
Active listings in July were 431 compared to 440 in June.
There were 40 closings in July compared to 45 in June.
Median price of sold homes was $250,000 in July compared to $231,000 in June.
New properties under contract were up 19% from July 2009.
Closings were  27% below July 2009.
Median price of sold homes was down 14% from July 2009.

Northwest
Active listings in July were 1,761 compared to 1,762 in June.
There were 184 closings in July compared to 287 in June.
Median price of sold homes was $195,000 in June compared to $208,500 in June. 
New properties under contract were up 10% from July 2009.
Closings were 36% below July 2009.
Median price of sold homes was 5% below July 2009.

Oro Valley
Active listings in July were 393 compared to 395 in June.
There were 38 closings in July compared to 68 in June.
Median price of sold homes was $262,500 in July compared to $263,750 in June.
New properties under contract were up 20% from July 2009.
Closings were  21% below July 2009.
Median price of sold homes was  1% above July 2009.

South
Active listings in July were 390 compared to 394 in June.
Closings were 81 in July compared to 112 in June.
Median price of sold homes was $77,000 in July compared to $92,250 in June.
New properties under contract were up 25% from July 2009.
Closings were  13% below July 2009.
Median price of sold homes was down 12% from July 2009.

Southeast
Active listings were 602 in July compared to 554 in June.
There were 57 closings in July compared to 113 in June.
Median price of sold homes was $150,000 in July compared to $150,500 in June.
New properties under contract were  up 4%  from July 2009.
Closings were  49% below July 2009.
Median price of  sold homes was  17% below July 2009.

Southwest
Active listings in July were 452 compared to 420 in June.
Closings were 66 in July compared to 108 in June.
Median price of sold homes was $115,000 in July compared to $105,000 in June.
New properties under contract were up 40% from July 2009.
Closings were 34% below July 2009.
Median price of sold homes was up 11% from July 2009.

West
Active listings were 358 in July compared to 353 in June.
Closings were 53 in July compared to 62 in June.
Median price of sold homes was $120,000 in July compared to $129,450 in June.
New properties under contract were up 25% from July 2009.
Closings were  13% below  July 2009.
Median price of sold homes was 23% below July 2009.

Getting Your Home Ready to Sell!

 

 
When it is time to sell your home – our goal as your agent,  is to sell it as quickly as possible and at the highest price possible.  We have some tips on getting your home ready to sell to help make it the most appealing to prospective buyers!
  
STEP # 1 – Take a Tour!
Remember how you feel when you walk into a model home?  A home that is completely clean, uncluttered and creates a sense that there is absolutely no work to be done.  That is exactly the look and feeling you want to create in the buyer’s mind about your home.  
Begin by driving up to the house, walking up to the front door, into the entryway, and then to each and every room and area of your property.  Look at each room and area of your home through “a buyer’s eyes”.  With notepad in hand, critique each area with an objective and realistic approach, imagining  that you are the buyer and this is your first glimpse of the home.  What are your feelings,  your first impressions of each area?  Do you feel comfortable in the house?  Examine why you do, or do not.  Your goal is to make their first impression be a positive and lasting one!  You want buyers to feel an emotional sense of being at home in your house! 

STEP #2  –
  Clear away that clutter!
The most important step in getting your home ready to sell is to get rid of the clutter!  Your goal is to create a roomy, comfortable feeling that is inviting to prospective buyers.  You want buyers to look at your house, not your stuff.   Uncluttering  makes every room in your house look and feel more spacious, making  buyers feel that they are getting more space for their money.   And they will feel that by living in your house, they can be well organized too.  

Not only will removing the clutter from your home serve to make your home more appealing to prospective buyers, it will make your life less stressful and help prepare for a smoother move to your new place!  It will take some time, and some hard work…but, the results will be worth it.  Your goal is to reduce your belongings down to the basics you will need before your move.  Don’t expect to do it all in one day.  Maybe you could set a goal to unclutter and organize one room each weekend until you are clutter free and ultra organized!  And that’s a great feeling!  So, let’s roll up our sleeves and get started!

A Place for Everything, and Everything in it’s Place!  And remember… KEEP OUT ONLY THE BASICS!

You will need to go through every room, every closet, every cabinet and every drawer.  First of all choose which room you will start with.  Experts always say, start with the most difficult area first.  When you decide the area, you will need five boxes or containers – one each for “sell it”, “store it”, “give it away”, “toss it” and “put it back where it belongs”.  If you are not sure whether to keep it out or store it, ask yourself if you are going to need it before you move.
 
CLOSETS
Closets are known to be the place we throw things when we don’t know where to put them, or don’t take the time to put them where they actually belong…therefore they tend to be our biggest challenge.   
*  Start with what I call “aggressive purging” – getting rid of absolutely everything you can.  If you didn’t wear it last season, you probably won’t next.  Ask yourself if you would pay money to keep it.  Get rid of everything that is worn looking, broken, uncomfortable, doesn’t fit, or those “what was I thinking when I bought this” items.
* Store away and label accordingly  those clothing items and shoes which you have decided to keep,  but are not in season at this time.
* Before placing your “keep” items back into the closet – now is a great time to put a fresh coat of paint on the walls in the closet.
*  Now you are ready to place the items back into the closet neatly organized, hung up,  folded and boxed in see-thru labeled storage boxes.
* Use a shoe organizing system, racks or boxes.
*  Hang your clothing in groups (by color, dresses, skirts, pants) and all facing in the same direction.
* Stack your games and puzzles with largest boxes on bottom  and the fronts flush to create an orderly appearance.
* Leave some room in your closet,  they look most appealing when there is space to add more rather than being jammed to capacity.

CABINETS AND DRAWERS
* Take everything out and sort through using the five box method…sell, store, give, toss or put it back.
* Get rid of all cookware, dishware, gadgets that you don’t actually use or those that are broken, chipped or non-working.
* Wipe out all cabinets and drawers and place shelf liner (the self-adhesive kind is more expensive & time consuming)
* When you place spices, seasonings and food items back into the pantry – make sure all labels are facing front.
* Make your counter tops look more roomy and efficient…put away small appliances, cookbooks, cooking utensils, etc.
* Group like items together (baking, serving, preparing).
* Plastic storage containers are great for storing small items.
* Purchase a new silverware organizer if yours is showing wear.
* Clean off the counters in your baths also and put away all personal care items.

AROUND THE HOUSE
* Dispose of any unhealthy looking plants
* Remove children’s art, photos, magnets etc.  from refrigerator
 * If your bookcases are much too crowded, pack away most of them – especially the worn out paperbacks.
* Sort through children’s play areas and box up extra toys and recycle or sell old ones.
* Remove all papers and magazines from dressers, coffee and end tables.
* Too much furniture or accessories in a room make it seem small and confining – store or get rid of extra pieces.

AROUND THE YARD
* Clear the yard, curb and entry way of any debris or litter.
* Organize tools and garden equipment. Coil hoses neatly.
* Trim bushes and shrubs.
* Remove and replace any dead or dying plants, trees and shrubs.
* Clear away toys, bikes.

Next time…STEP # 3  –  We will CLEAN IT UP!

Tucson Housing Market Report-June 2010

As we work to help keep you informed about the Tucson Real Estate Market…here you will find the local housing market statistics obtained from TAR/MLS on 6/3/10 for May 2010.  
 

Tucson Main Market
Active listings in May were 6,831  and 6,575 in April.
There were 1,181 closings in May and 1,112 in April.
Median price of sold homes was $150,000 in May and $160,000 in April.
New properties under contract were  virtually unchanged compared to May 2009.
Closings were  21% above May 2009.
Median price of sold homes was  12% below May 2009.

Central Area 
Active listings in May were 906 and 867 in April.
There were 161 closings in May and 137 in April.
Median price of sold homes was $140,000 in May and $134,316 in April.
New properties under contract were 19% below May 2009.
Closings were  21% above May 2009.
Median price of sold homes was 16% below May 2009.

East
Active listings in May were 439 and 446 in April.
There were 116 closings in May and 67 in April.
Median price of sold homes was $149,500 in May and $150,000 in April.
New properties under contract were up 2% from May 2009.
Closings were  51% above May 2009.
Median price of sold homes was  7% below May 2009.

North
Active listings in May were 742 and 765 in April.
There were 74 closings in May and 71 in April.
Median price of sold homes was $311,500 in May and $322,500 in April.
New properties under contract were up 16% from May 2009.
Closings were  28% above May 2009.
Median price of sold homes was  8% below May 2009.

Northeast 
Active listings in May were 428 and 421 in April.
There were 54 closings in May and 52 in April.
Median price of sold homes was $275,000 in May and $247,250 in April.
New properties under contract were down 4% from May 2009.
Closings were  20% above May 2009.
Median price of sold homes was up 16% from May 2009.

Northwest
Active listings in May were 1,758 and 1,698 in April.
There were 265 closings in May and 308 in April.
Median price of sold homes was $195,951 in May and $202,000 in April. 
New properties under contract were up 21% from May 2009.
Closings were 17% above May 2009.
Median price of sold homes was  7% below May 2009.

Oro Valley
Active listings in May were 433 and 435 in April.
There were 53 closings in May and 69 in April.
Median price of sold homes was $259,755 in May and $267,000 in April.
New properties under contract were up 22% from May 2009.
Closings were  2% below May 2009.
Median price of sold homes was  3% above May 2009.

South
Active listings in May  were 344 and 298 in April.
Closings were 104 in May and 94 in April.
Median price of sold homes was $97,500 in May and $85,000 in April.
New properties under contract were up 23% from May 2009.
Closings were  22% above May 2009.
Median price of sold homes was up 5% from May 2009.

Southeast
Active listings were 540 in May and 500 in April.
There were 98 closings in May and 94 in April.
Median price of sold homes was $142,150 in May and $158,000 in April.
New properties under contract were  virtually unchanged from May 2009.
Closings were  7% below May 2009.
Median price of  sold homes was  14% below May 2009.

Southwest
Active listings in May  were 414 and 377 in April.
Closings were 92 in May and 85 in April.
Median price of sold homes was $108,250 in May and $105,000 in April.
New properties under contract were virtually unchanged from May 2009.
Closings were 3% above May 2009.
Median price of sold homes was up 3% from May 2009.

West
Active listings were 329 in May and 331 in April.
Closings were 65 in May and 59 in April.
Median price of sold homes was $113,000 in May and $140,000 in April.
New properties under contract were down 23% from May 2009.
Closings were  16% above  May 2009.
Median price of sold homes was 28% below May 2009.

Tucson Housing Report – May 2010

 
As we work to help keep you informed about the Tucson Real Estate Market…here you will find the local housing market statistics obtained from TAR/MLS on 5/5/10 for April 2010. 
 
 
 
 Tucson Main Market
Active listings in April were 6,575 and 6,753 in March.
There were 1,112 closings in April and 1,134 in March.
Median price of sold homes was $160,000 in April and $158,000 in March.
New properties under contract were  78% above April 2009.
Closings were  30% above April 2009.
Median price of sold homes was  2% below April 2009.

Central Area 
Active listings in April were 867 and 863 in March.
There were 137 closings in April and 149 in March.
Median price of sold homes was $134,316 in April and $126,000 in March.
New properties under contract were 115% above April 2009.
Closings were  41% above April 2009.
Median price of sold homes was 10% below April 2009.

East
Active listings in April were 446 and 460 in March.
There were 67 closings in April and 73 in March.
Median price of sold homes was $150,000 in April and $153,500 in March.
New properties under contract were up 94% from April 2009.
Closings were  1% below April 2009.
Median price of sold homes was  3% below April 2009.

North
Active listings in April were 765 and 734 in March.
There were 71 closings in April and 102 in March.
Median price of sold homes was $322,500 in April and $352,500 in March.
New properties under contract were up 28% from April 2009.
Closings were  45% above April 2009.
Median price of sold homes was  8% below April 2009.

Northeast 
Active listings in April were 421 and 425 in March.
There were 52 closings in April and 44 in March.
Median price of sold homes was $247,250 in April and $283,000 in March.
New properties under contract were up 44% from April 2009.
Closings were  21% above  April 2009.
Median price of sold homes was 5% below April 2009.

Northwest
Active listings in April were 1,698 and 1,741 in March.
There were 308 closings in April and 267 in March.
Median price of sold homes was $202,000 in April and $205,000 in March. 
New properties under contract were up 77% from April 2009.
Closings were 38% above April 2009.
Median price of sold homes was  6% above April 2009.

Oro Valley
Active listings in April were 435 and 443 in March.
There were 69 closings in April and 60 in March.
Median price of sold homes was $267,000 in April and $287,000 in March.
New properties under contract were up 68% from April 2009.
Closings were  41% above April 2009.
Median price of sold homes was  11% above April 2009.

South
 Active listings in April was 298 and 350 in March.
Closings were 94 in April and 100 in March.
Median price of sold homes was $85,000 in April and $92,700 in March.
New properties under contract were up 90% from April 2009.
Closings were  7% above April 2009.
Median price of sold homes showed virtually no change from April 2009.

Southeast
Active listings were 500 in April and 494 in March.
There were 94 closings in April and 97 in March.
Median price of sold homes was $158,000 in April and $164,000 in March.
New properties under contract were up 78% from April 2009.
Closings were  40% above April 2009.
Median price of  sold homes was  4% below April 2009.

Southwest
Active listings in April were 377 and 388 in March.
Closings were 85 in April and 107 in March.
Median price of sold homes was $105,000 in April and $109,000 in March.
New properties under contract were up 87% from April 2009.
Closings were 31% above April 2009.
Median price of sold homes was 1% below April 2009.

West
Active listings were 331 in April and 365 in March.
Closings were 59 in April and 52 in March.
Median price of sold homes was $140,000 in April and $148,000 in March.
New properties under contract were up 102% from April 2009.
Closings were  34% above  April 2009.
Median price of sold homes was 11% below April 2009.