Tucson Area Market Report for July 2020

The Tucson market heavily favors the seller as both inventory and interest rates continue to be extremely low. Listing prices as well as sales prices continue with modest gains, while Days on Market for properties in the <$200K “sweet spot” is less than 10 days!

First-time buyers buyers are desperately looking to get into a home while they have favorable rates, so folks thinking about selling definitely have the upper hand.