Tucson Real Estate Market Statistics – August 2008

September 9, 2008 | By Kelley Koehler | Filed Under Market Reports 

The overview, as Kelley sees it:

 

or Download Tucson Market Stats for August 2008 here (MP3)

You can also read the written overview, on that Tucson Market Stats link at the top of the page.  Or, you can subscribe to my Tucson Market Reports podcast here, just FYI.

The Quick Numbers:

  • Single Family Home Average Sales Price: $270,889
  • Single Family Home Median Sales Price: $207,000
  • Single Family Home Units Sold: 701
  • Single Family Home Months of Inventory: 8.9
  • Townhouse Average Sales Price: $159,904
  • Townhouse Median Sales Price: $159,900
  • Townhouse Units Sold: 55
  • Townhouse Months of Inventory: 11.0
  • Condo Average Sales Price: $131,687
  • Condo Median Sales Price: $134,950
  • Condo Units Sold: 50
  • Condo Months of Inventory: 9.4
  • Citywide Average Sales Price: $246,084
  • Citywide Median Sales Price: $189,375
  • Citywide Units Sold: 806
  • Citywide Months of Inventory: 9.1

Remember to check out the individual areas in the link at the top of the page.  Click on Tucson Market Stats, and you’ll see the 9 areas of Tucson as links underneath.

Data gathered from the Tucson MLS and is deemed reliable but not guaranteed.  Figures quoted here include only single family homes, townhomes, and condos in the 9 areas that make up the Greater Tucson Area: NW, N, NE, W, C, E, SW, S, and SE.

tags: market reports, market statistics, tucson, tucson real estate

Comments

One Response to “Tucson Real Estate Market Statistics – August 2008”

  1. Michael Oliver on September 12th, 2008 1:07 pm

    I think the Tucson real estate market is (or already has) touched bottom, as long as inventory levels keep reducing then it is good for sellers.

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