This reduction in supply can impact buying choices and prices. Inventory has tightened significantly, decreasing by 28.4% for Single Family and 38.9% for Townhouse/Condo. Furthermore, pending sales have also declined, showing a 1.7% decrease for Single Family and a 17.2% decrease for Townhouse/Condo. When analyzing the recent data, it's evident that the market has witnessed a decrease in new listings, notably a 23.5% decrease for Single Family and a 30.1% decrease for Townhouse/Condo. Let's delve into the key data points and statistics to understand the current state of the market and what it means for buyers and sellers. The Tucson housing market, as reflected in data released by the Tucson Association of Realtors®, has experienced notable shifts in various aspects, shedding light on current trends and conditions.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |