The latest housing statistics were released by the Tucson MLS for the month of January 2013. Overall the Tucson real estate market held pretty steady and reflected a somewhat slower time of the year as the first part of January typically isn’t very active after the holiday period. Below are some of the highlights for January 2013 residential sales:
- January’s average sales price was $182,378 which was a miniscule decrease of 0.35% from December’s average sales price of $183,011.
- Median sales price declined by $2,500, a 1.69% decrease to $145,000.
- Total active listings increased by 0.22% from December to reach 4,459.
- Total under contract rose significantly to 2,415 in January, up from 2,022 in December which represents a 19.44% increase.
- Total unit sales decreased by 6.16% to 884 from the previous month.
- Average days on market increased by 2 days to 57 in January
Stephen has made real estate his full-time career and passion since 2008, primarily specializing in the Foothills & the Northwest Tucson areas of Oro Valley and Marana. He is a multi-million dollar producer, representing both sellers & buyers. Stephen has tremendous experience in new home sales, listing & selling primary residences, listing & selling vacant land, listing & selling luxury homes, investment properties, rentals, and real estate development parcels.
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