Tucson MLS Statistics June 2013 And TAR Monthly Report
See Tucson MLS Statistics And Housing Price Trends In Tucson For June 2013
Tucson MLS Statistics June 2013 shows Total Sales Volume was up slightly over May 2013. Overall June data on the Tucson Housing Market suggests continued improvement. The data suggests momentum will continue throughout 2013 — and into 2014. The question is what effect will increasing mortgage rates have on the trends.
Review the Tucson Real Estate Trends 2006 to 2012 annual data.
Tucson MLS statistics June 2013 Active Listings ( inventory of homes for sale ) remained the same as May’s at 3,953 units. Year over year Active Listings increased 13.79% from June 2012.
Here is “the rest of the story” for Tucson MLS statistics June 2013 –
Median Sales Price: June median sale price was $160,000 or a 2.24% increase from May. Tucson statistics June 2013 was up 14.29% increase over June 2012. This continues the strong year to year increase trend and the market improvement for Sellers.
Sales Volume: June had a Sales Volume of $274731.66 an increase of .54% from May and a 23.86% increase for June year over year. Unit Sales decreased by 2.64% from May levels.
Under Contract: June Pending Sales were down 13.32% from May. The June number of 2,342 units under contract was down 12.15% from June 2012.
Total Unit Sales: June Unit Sales increased 8.62% to 1,437 from April. Year over year unit sales were up 9.03%.
Average Sales Price: June’s average sales price $196,376. An increase of 3.27% over May. The Average Sale Price for June year over year was up 12.35%.
Cash Sales: June cash sales declined to 28% of the transactions. Conventional loans exceeded cash sale and were around 39% of June sales.
Average List Price: Tucson Statistics June 2013 saw average listing prices increase by 3.07% over May to $202,547. The year to year increase was 12.0% over June 2012. Solid gains year or year continued to suggest the Tucson housing market is recovering. This is the first time the Average List Price has been over $200,000 in some time.
Average Days on Market: Tucson MLS Statistics June 2013 for DOM dropped 4 days to 53 days. Average Days on Market has been stable around the 58 day mark with +/- fluctuations of 1 or 2 days. This is a significant change in this statistic.
New Listings: June saw a slight gain of .11% from May to 1,748. Compared to June 2012 this is up 13.73%
Active Listings: June’s Active Listings were exactly the same as May’s at 3953. The data suggests inventory is stabilizing around 4,000 units.
If you “really” want the home, make a “reasonable” offer. We work with our buyers to present an offer – THEY – feel good about. Some low ball offers are getting the job done. Some aren’t.
You have to ask yourself, “ will I feel bad if I don’t get this house?” If the answer is no, then put in an offer you would feel is a steal and see what happens. If the answer is yes, put in an offer at a price you would feel is reasonable to you and hopefully the seller.
We will work with you to understand you objectives and analyze the market to determine – as best we can – a price range for the home you want to buy or sell.
Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us 866 316 5575 OR complete the CONTACT FORM and we will get right back to you!