Market Report

Tucson Area Market Report for December 2020*

The Tucson market continues to be HOT as inventory remains extremely low due to hesitant sellers. Meanwhile, more buyers are entering the picture to take advantage of the historically low interest rates.

The Median Home Price in Tucson has jumped another 7% to $231,000, and days on market decreased by 25%.

Median Sales Price has risen from $214K in Tucson to $231K since January 2020…
…while the number of Homes for Sale dropped 25%…
…and the Time Spent on Market dropped 37%.
  • * Data through October 2020