If you are looking to purchase or sell a home in Tucson Arizona, here are some of the stats released for the local residential market by the Tucson Association of REALTORS®, and can be found on their site at https://www.tucsonrealtors.org/news/statistics

 Total Sales Volume for March was $266,059,250, a 35.89%

increase from February’s number of $195,792,147, and a

17.34% increase over March 2014.

 The Average Sales Price decreased slightly this month to

$208,673 from $209,403 in February.

 Average List Price decreased 1.10%, going from $216,281 in

February to $213,907 in March.

Total Under Contract increased by 15.10% from February.

Total Unit Sales in March of 1,275 is a 36.36% increase from

February’s 935 and a 12.73% increase over March 2014.

The Median Sales Price rose to $172,000 this month from

$167,000 in February, a 2.99% increase.

New Listings increased 1.17% from February.

Total Active Listings of 5,721 is a decrease from February’s

number of 5,857.

Average Days on Market went down to 68 from last month’s

number of 69.

Conventional loan sales of 35.6 exceeded Cash Sales of 32.0%

this month.

Average home prices are on the rise in Tucson. If you are wondering where to start when buying a home in Tucson AZ, I would be happy to answer any questions you may have, at 520-338-9319. Tucson Homebuyer Help can get you started on the right path to purchase your first home, regardless of what obstacle you may think is keeping you from it. We  are here to help.