Tucson Real Estate - Market Statistics Zip Code 85748, January 2008
February 22nd, 2008 Categories: Tucson Housing Statistics, Tucson Real Estate
Tucson Real Estate - Market Statistics… The details you need for your
Competitive Edge
Days on Market, Jan: 107.83
12 Month Average: 60.79
Tucson Real Estate Average, Jan: 71.75
Average Sales Price, Jan: $463,771
12 Month Average: $307,281
Tucson Real Estate Average Sales Price, Jan: $269,481
A fairly stable price point and DOM. Compared to the previous month and the last year, we are witnessing some awkward behavior. The high average price and DOM is likely the result of a steep decline in purchases in the area. The homes that did sell are not typical for the area. Next month and through spring, numbers will reduce back to a normal level. Compared to the rest of Tucson Real Estate, this location is strong, and it will likely continue to be that way.
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