November 2018 Central Tucson Market Trends

Market Trends

Central Tucson is the geographic area south of the Rillito River, west of Wilmot Rd, East of I-10 and north of 22nd St/Aviation Highway/Golf Links Rd.

Market Profile & Trends Overview

Month

LM

L3M

PYM

LY

YTD

PriorYTD

PriorYear

Median List Price of all Current Listings

$233,500

9%

 

14%

 

 

 

 

Average List Price of all Current Listings

$270,965

5%

 

1%

 

 

 

 

November Median Sales Price

$170,000

-8%

-3%

2%

3%

$173,500

5%

5%

November Average Sales Price

$198,898

-5%

-1%

1%

3%

$206,413

7%

7%

Total Properties Currently for Sale (Inventory)

438

0%

 

-17%

 

 

 

 

November Number of Properties Sold

162

-16%

 

-15%

 

 

-2%

 

November Average Days on Market (Solds)

36

0%

6%

-8%

-3%

36

0%

-3%

Asking Price per Square Foot (based on New Listings)

$160

5%

3%

7%

12%

$153

8%

7%

November Sold Price per Square Foot

$140

-3%

-1%

4%

5%

$142

8%

7%

November Month's Supply of Inventory

2.7

19%

11%

-2%

13%

2.2

-4%

-7%

November Sale Price vs List Price Ratio

96.7%

0.8%

1%

2%

0.8%

96.2%

0.2%

0.3%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Based on information from Tucson Association of REALTORS, Multiple Listing Service for the period 10/01/17 through 10/31/2018. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerages does not guarantee the data accuracy. Data maintained by the MLS’s may not reflect all real estate activity in the market.