Monday, June 1, 2009

Tucson Real Estate Market Prices in May 2009


The median sold price for single family detached homes in Tucson was down 16% compared to May 2008. But although the median price went from $205,000 to $171,700, the number of properties sold during the month was actually at the highest point since last September. There were 598 completed escrows during last month. Is the market on an upswing for sold properties throughout the summer? You be the judge.

This report was generated by Clarus MarketMetrics®. To sign up for your Clarus MarketMetrics® account, visit http://www.clarusresource.com/. This is a REALTOR® tool and only available to members of TAR MLS.