Oro Valley and Tucson Real Estate Market Report

Oro Valley and Tucson Real Estate Market Report

In the Tucson Northwest area, August 2018 active inventory was 705, virtually unchanged from August 2017. There were 290 closings in August 2018, a 12% increase from August 2017. Year-to-date 2018 there were 2,223 closings, virtually unchanged from year-to-date 2017. Months of Inventory was 2.4, down from 2.7 in August 2017. Median price of sold homes was $256,000 for the month of August 2018, up 7% from August 2017. The Tucson Northwest area had 268 new properties under contract in August2018, up 9% from August2017.

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