Market activity in March 2022:
New Listings are down: 1,371
Med. Sale Price is UP: $371,570
Avg Sale Price is UP: $458,183
Units Sold is Down: 1,296
Inventory Down: 0.7 Month Supply
Prices are still moving upward, in the face of interest rates, and total sales is slipping; both driven by LOW SUPPLY.
Total inventory was 964 homes available at the end of March...for all of Tucson.
Details linked below.
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