Tucson Real Estate Statistics
Tucson Market Remains Strong
The Tucson Real Estate Market Remains very stable in spite of record year over year appreciation and rising mortgage interest rates. The table below illustrates the year over year statistics through May of 2022 compared with 2021 through May.
Tucson Market Statistics
| Summary Statistics | ||||||
| May-22 | May-21 | % Chg | 2022 YTD | 2021 YTD | % Chg | |
| Absorption Rate | 1.51 | 1.78 | -15.17 | 1.63 | 1.85 | -11.89 |
| Average List Price | $518,505 | $439,807 | 17.89 | $434,908 | $377,595 | 15.18 |
| Median List Price | $384,900 | $314,500 | 22.38 | $349,900 | $287,900 | 21.54 |
| Average Sale Price | $416,227 | $360,028 | 15.61 | $395,262 | $339,174 | 16.54 |
| Median Sale Price | $350,000 | $297,000 | 17.85 | $335,002 | $277,500 | 20.72 |
| Average CDOM | 18 | 20 | -10.00 | 23 | 28 | -17.86 |
| Median CDOM | 5 | 4 | 25.00 | 6 | 5 | 20.00 |
If you are looking to buy or sell a home in Tucson now may be the best time to talk with us at Help-U-Sell. If you’re a buyer we can get you prequalified so you know how much house you can afford. We can also consult with you on the many low down payment or 0 down payment programs you may qualify for. If you are selling we will perform a market analysis to get you the highest price for your home. With Help-U-Sell’s low flat fee service you’ll save thousands in commissions.
Call us at 520-574-8400 or 520-405-9095 or email us at jpowell@helpusell.com for a free no obligation consultation.