Monthly Statistical Digest

Transcription

1 Tucson Association of REALTORS Monthly Statistical Digest June 27 FOR IMMEDIATE RELEASE: July 13, 27 CONTACT: Judy Lowe, President - (52) Rick Hodges, CEO - (52) LETTER FROM E PRESIDENT There are a number of very positive signs in the residential sales statistics for June 27. For the first time this year, active listings are down compared to last year The June 7 inventory of 8,665 was.69% below June 6, and significantly below the 9,721 of last month. New listings coming on the market also fell in June 27 to 2,82 a 12.75% decrease from this month last year. Pending contacts are also newsworthy they are up over 2, for the first time in 27, rising to 2,53 last month. This is an increase of 18.92% over June 26, and the highest number we have seen in over 12 months. Our average sales price is also on the move, increasing 9.5% from June 26 to total $298,477 in June 27. This is a record price for Tucson and far exceeds any sales price we saw in 25 or 26. Median sales price also increased to $229,. Quite a month for real estate in Tucson! Our inventory is down, new listings are down and pending contracts are up all good signs for our market. Judy Lowe 27 MLS President The Tucson is a wholly owned subsidiary of the Tucson Association of REALTORS, dedicated to providing a reliable real estate database for members and the public. The Association represents the interests of 6,7 professionals in the real estate industry, and is affiliated with the National Association of REALTORS. REALTOR is a registered collective membership mark which may only be used by professionals who are members and subscribe to its strict code of ethics. 1

2 JUNE 27 RESIDENTIAL SALES OVERVIEW Sales Snapshot Home Sales Volume Decreased 12.27% from $417,12,1 in June 26 to $365,932,899 in June 27. Graph on page 4. Home Sales Units Decreased 19.55% from 1,524 in June 26 to 1,226 in June 27. Graph on page 3. Average Sales Price (all residential types) Increased 9.5% from $273,71 in June 26 to $298,477 in June 27. Graph on page 5. Median Sales Price Increased 1.78% from $225, in June 26 to $229, in June 27. Graph on page 8. Sales Analysis Average and Median Sales Prices Increase Average and median sales price both increased in June 27. Average sales price jumped to $298,477 - up 9.5% from June 26 and up more than $17, from last month! Median sales price also rose $5,5 from May 27. Active Listings Continue Declining Active listings have been falling slowly since April 27, reversing the increases we saw between January and April of this year. The number of active listings is now lower than it was at the start of 27. Days on Market Rises Again Average time on market continues to fluctuate month-tomonth, with 64 days being the average time for June 27, up three days from May 27. Average Days on Market Increased 39.13% from 46 days in June 26 to 64 days in June 27. Graph on page 11. Pending Contracts (not yet closed in escrow) Increased 18.92% from 1,712 in June 26 to 2,53 in June 27. Graph on page 9. Active Listings Decreased.69% from 8,725 in June 26 to 8,665 in June 27. Graph on page 1. New Listings Decreased 12.75% from 3,232 in June 26 to 2,82 in June 27. Graph on page 12. Data in this report is based in whole or in part on data supplied by the Tucson Association of REALTORS or its Multiple Listing Service. Neither the Association n Copyright 27 Tucson Association of REALTORS 2

3 JUNE 27 RESIDENTIAL SALES STATISTICS Total Unit Sales June 27 1,226 Units Unit Sales June 27 Breakdown by Type 2, 1,8 1,6 1,4 1,2 1, JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV % CND % 6.49% ,2 1, ,67 1,15 1,232 1,98 1, ,16 1,1 1,126 1, , ,24 1,69 1,48 1,225 1,175 1,192 1, ,42 1,163 1,299 1,161 1,166 1, , ,12 1,249 1,336 1,299 1,3 1,287 1,193 1, ,346 1,55 1,533 1,718 1,53 1,468 1,274 1,295 1, ,22 1,81 1, % 25 1,86 1,343 1,525 1,489 1,679 1,858 1,584 1,795 1,44 1,368 1,219 1, ,58 1,51 1,466 1,526 1,524 1,227 1,381 1,77 1, ** ,318 1,287 1,313 1,226 Total Unit Sales Annual Comparison Annual Comparison Breakdown by Type 16, 14, 2, 1,8 1,6 12, 1, 1,4 8, 1,2 1, 8 6, 4, 6 2, 4 2 JAN FEB , ,86 1, ,58 MAR APR MAY JUN JUL AUG SEP OCT 1,346 1,55 1,533 1,718 1,53 1,468 1,274 1,295 1,525 1,489 1,679 1,858 1,584 1,795 1,44 1,368 1,51 1,466 1,526 1,524 1,227 1,381 1,77 1,95 NOV 1,29 1,28 1,219 1, Condo YTD 27 15,89 13,165 5,82 2,234 2, ,318 1,287 1,313 1,226 Copyright 27 Tucson Association of REALTORS

4 JUNE 27 RESIDENTIAL SALES STATISTICS Total Sales Volume June 27 $365,932,899 $6 $5 $4 Millions $3 $2 $1 $ JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 1996 $73,766, $7,339, $79,318, $91,858,39 2 $95,831,54 $71,942,29 $1,4,3 $91,212,62 $116,68, $74,727,3 $95,218,9 $98,14,25 $12,162,6 $79,41,1 $118,37,7 $122,36,9 $133,12,2 $13,263,9 $143,97,2 $149,935,9 $17,32,2 $117,123,5 $168,95,1 $157,775,9 $18,8,3 21 $16,353,2 $113,845,5 $164,662,2 $171,877,6 $22,46,8 22 $116,271,5 $139,317,5 $167,341,1 $195,297,9 $231,751,2 23 $134,44,9 $15,74,5 $189,194,1 $226,514,8 $242,63,7 24 $167,132,9 $192,399,4 $279,256,8 $31,86,1 $314,381,5 25 $249,161,4 $314,57,4 $363,59,8 $367,27,4 $434,584,7 26 $258,363,2 $29,894,8 $423,941,6 $46,193,4 $41,825,6 27 $256,449,641 $258,385,55 $358,181,937 $359,63,95 $368,413,994 $112,37,7 $12,395,2 $93,256,,74 $77,926,72 $18,254,7 $17,987,1 $96,247,,23 $1,219,5 $15,588, $146,436,8 $112,727,2 $11,4,2 $196,838,9 $162,676,3 $152,75, $123,51,4 $182,714, $147,838,4 $16,61,4 $135,89,5 $19,665,7 $199,529,9 $184,892,9 $136,367,9 $196,799,4 $199,215, $189,735,3 $153,6,5 $254,199, $239,869,7 $229,975,4 $224,633,6 $365,563,4 $311,318,5 $3,96,7 $264,33,8 $497,24,4 $412,35,5 $477,375,7 $354,531,3 $417,12,1 $335,85,8 $37,671,5 $273,322,2 $365,932,899 $79,115,86 $72,659,87 $78,736,95 $1,2,6 $75,573,36 $9,243,92 $11,985,3 $12,512,2 $119,2, 3 $125,791,1 $114,234, $119,865, 9 $123,679,8 $137,68,2 $12,288, 4 $139,188,8 $12,635,9 $127,954, 4 $185,339,7 $158,51,9 $187,36, 9 $218,531,5 $166,475, $189,933, 7 $273,555,5 $258,237,3 $273,53, 7 $355,266,5 $324,188,9 $331,13, 7 $292,24,7 $262,678, $256,382, 1 Annual Comparison Month by Type $55 $5 $45 $4 $35 $18,665, % Condo $18,259, % $587,5.16% Millions $3 $25 $2 $15 $1 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV ** $249,161,4 $314,57,4 $363,59,8 $367,27,4 $434,584,7 $497,24,,4 $412,35,5 $477,375,7 $354,531,3 $355,266,5 $324,188,9 $331,13,7 $258,363,2 $29,894,8 $423,941,6 $46,193,4 $41,825,6 $417,12,,1 $335,85,8 $37,671,5 $273,322,2 $292,24,7 $262,678, $256,382,1 $256,449,641 $258,385,55 $358,181,937 $359,63,95 $368,413,994 $365,932,,899 $328,42, % Copyright 27 Tucson Association of REALTORS

5 JUNE 27 RESIDENTIAL SALES STATISTICS Averagee Sales Price June 27 $298,477 $35, $3, $25, $2, $15, $1, $5, $ JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 1996 $117,65 $13,95 $124,738 $119,77 $129,251 $135,637 $132,981 $128,276 $125,83 $125,382 $129,519 $131, $135,529 $13,642 $129,372 $124,543 $131,146 $132,665 $132,499 $128,159 $137,664 $136,616 $134,712 $133, $133,757 $128,273 $137,888 $137,484 $142,355 $15,287 $138,148 $134,359 $132,579 $13,75 $133,133 $141, $144,659 $141,71 $149,281 $14,521 $154,12 $159,772 $148,157 $144,47 $139,718 $142,782 $144,53 $15, $144,761 $145,495 $151,985 $156,214 $159,929 $164,164 $157,61 $154,499 $155,838 $15,829 $162,274 $162, $152,368 $149,994 $154,34 $164,5 $165,23 $162,269 $167,391 $167,779 $159,122 $152,955 $156,264 $165, $156,489 $164,873 $16,596 $167,926 $178,47 $169,59 $17,853 $178,49 $163,58 $166,822 $179,514 $183, $156,145 $167,676 $171,683 $181,357 $181,59 $195,688 $184,515 $178,691 $188,293 $186,31 $172,513 $175,72 24 $179,96 $187,89 $27,472 $26,552 $25,76 $212,784 $21,666 $25,14 $27,481 $211,24 $213,596 $213, $229,43 $234,23 $238,367 $246,656 $258,835 $257,55 $26,294 $265,947 $252,515 $259,698 $265,947 $266, $273,69 $274,948 $282,439 $277,76 $269,217 $273,71 $273,717 $268,48 $253,781 $266,854 $267,493 $261,348 27** $272,529 $26,27 $271,762 $278,992 $28,589 $298,477 Averagee Sales Price by Type Average Sale Price per Area $6, $5, Condo $4, $3, $2, $ $5 $1 $15 $2 $25 $3 $35 $1, Avg SP Condo $324,526 $22,887 $157,46 $97,917 $ N NE NW XNE XNW C E S SE SW XSW XS W XW Copyright 27 Tucson Association of REALTORS

6 JUNE 27 RESIDENTIAL SALES STATISTICS Median Sale Price by Type Total Listings Under Contract 2,53 Listings** MFR $96, % $245, % 3, 2,5 2, 1,5 1, 5 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV ,38 1, ,2 1, ,251 1,148 1,145 1,228 1, CONDO $149, % $163, % ,3 1,216 1, ,89 1,285 1,168 1,246 1,217 1,131 1, , ,18 1,254 1,415 1,555 1,427 1,345 1,335 1,335 1,241 1,243 1,251 1, ,319 1,41 1,71 1,719 1,712 1,684 1,62 1,515 1,316 1,414 1,233 1, ,47 1,676 2,64 2,766 2,44 1,978 1,916 1,71 1,652 1,742 1,593 1, ,259 1,881 2,188 2,285 2,391 2,257 2,28 1,961 1,877 1,766 1,528 1,236 CONDOO MFR 26 1,672 1,796 2,25 1,928 2,19 1,712 1, ,94 1,192 1,217 1,191 2, ** T This graph now reflects all listings under contract. Old figures reflected what went pending within the month. Median Sale Price June 27 $229, $25, $2, $15, $1, $5, $ JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 1997 $17, 1998 $18, 1999 $113, 2 $19,9 21 $119, 22 $125,73 23 $13,37 24 $148, 25 $175, $215, $22,365 $11, $12,5 $14, $15, $17, $18, $13, $13,9 $11, $11, $112,9 $117,9 $116, $112, $19,5 $115,5 $115, $12, $127, $119,9 $114,95 $112, $117, $118,9 $12, $124, $121, $12,94 $116, $124,7 $129,5 $127,5 $129, $129, $129,9 $128,9 $127,678 $13,895 $139,5 $137,9 $138, $14, $139, $137,5 $144, $145, $152, $147, $147,5 $148,75 $156,5 $159, $161, $167,733 $165,3 $167, $185, $19, $196, $26, $219,5 $22, $219, $227, $218, $219,25 $221,25 $225, $225, $22,9 $22, $222, $224,941 $223,5 $229, $19, $112, $12,9 $15, $18, $19,5 $11, $111,965 $114, $112, $114,2 $117,5 $121,5 $119,9 $124,5 $12,5 $124,8 $123,5 $129, $125, $132,825 $136, $14, $138, $146, $15, $141, $145, $168,5 $162,5 $175, $169, $219, $224, $226, $22, $21, $211,5 $218, $215, Copyright 27 Tucson Association of REALTORS

7 JUNE 27 RESIDENTIAL SALES STATISTICS Number of Sold Listings by Area Annual Comparison 5,, 4,,5 4,, 3,,5 3,, 2,,5 2,, 1,,5 1,, 5 N NE NW XNW C E S SE SW XSW XS W XW 25 1,443 1,12 4,, ,788 1, ,92 1, , ,, ,363 1,251 1,39 1,523 1, , YTD ,, , Averagee Sold per Area by # of 2 N $271,834 $437,35 $819,428 $1,36,529 NE $184,47 $41,947 $522,652 $714, NW $265,339 $282,28 $477,143 $446,163 XNW 3 4 $ $159,127 $191,6 $95,9 C $17,444 $256,998 $315,899 $46,3 E $116,227 $236,43 $275,769 $453,725 S $113,292 $182,148 $211,189 $ SE $29,731 $233,475 $321,897 $593,829 SW $121,46 $195,97 $231,36 $469,5 XSW $241,29 $183,171 $128,9 $15, XS $283,17 $263,432 $349,426 $337,9 W $148,42 $291,928 $458,7 $711,5 XW $142,25 $167,817 $ 5+ TOTAL $22,91 $264,256 $429,935 $75,949 $ All $567,74 $439,784 $347,165 $161,47 $229,92 $228,444 $175,853 $268,598 $24,49 $2,84 $289,475 $288,225 $146,56 $38, All N NE NW XNW C E S SE SW XSW XS W XW TOTAL ,226 Copyright 27 Tucson Association of REALTORS

8 JUNE 27 RESIDENTIAL SALES STATISTICS Active Listings June 27 8,,665 12, 1, 8, 6, 4, 2, JAN FEB 4,215 4,331 4,559 4,85 4,771 4,714 4,623 4,59 4,16 3,982 4,716 4,78 4,859 4,456 5,172 5,221 4,856 4,75 3,47 3,262 6,499 7,174 9,742 9,847 MAR APR MAY 4,344 4,359 4,42 4,79 4,613 4,525 4,739 4,569 4,524 4,414 4,186 3,981 3,938 3,91 3,848 4,69 4,478 4,255 4,953 4,868 4,747 5,264 5,24 4,754 4,668 4,55 4,37 3,493 3,64 3,882 7,577 8,131 8,423 1,185 1,,387 9,721 JUN JUL 4,513 4,58 4,387 4,382 4,363 4,412 3,854 3,784 3,876 3,98 4,179 4,1 4,772 4,778 4,628 4,64 4,123 3,926 3,969 4,62 8,725 8,955 8,665 AUG SEP OCT NOV 4,74 4,73 4,76 4, 543 4,59 4,468 4,6266 4,776 4, 674 4,657 4,446 4,579 4,683 4, 576 4,517 3,812 3,941 4,21 3, 888 3,777 4,2 4,229 4,546 4, 481 4,422 4,128 4,448 4,64 4, 528 4,597 4,837 4,968 5,13 5, 67 4,816 4,59 4,7999 4,821 4, 694 4,639 3,927 3,976 3,838 3, 633 3,383 4,45 4,844 5,33 5, 554 5,457 9,41 9,297 9,336 9, 238 8,518 Area # of Listings N 678 NE 46 NW 2,343 XNE 7 XNW 14 C 1,145 E 476 S 491 SE 772 SW 74 XSW 39 XS 664 W 53 XW 63 Active Listing Price Breakdown , 1,2 1,4 1,6 1,8 2, Condo % % Condo 79.91% 7, % 29,999 under 3, 39,999 4, 49,999 5, 59,999 6, 69,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139,999 14, 159,999 16, 179,999 18, 199,999 2, 249,999 25, 299,999 3, 399,999 4, 499,999 5, 749,999 75, 999,999 1,, and over ,224 1,377 1,723 Copyright 27 Tucson Association of REALTORS

9 JUNE 27 RESIDENTIAL SALES STATISTICS Averagee Days on Market/Listing June Days JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV Area N NE NW XNE XNW C E S SE SW XSW XS W XW Avg. DOM Averagee Days on Market/Listing Breakdown Days Days 9.2% % Days % 3 Days % Average DOM Days % 31 6 Days % Copyright 27 Tucson Association of REALTORS

10 JUNE 27 RESIDENTIAL SALES STATISTICS New Listings June 27 2,82 Listings 4, 3,5 3, 2,5 2, 1,5 1, 5 JAN FEB MAR APR MAY ,623 1,553 1,72 1,772 1,376 1,462 1,287 1,44 1,487 1,42 1,526 1,54 1,588 1,76 1,527 1,447 1,342 1,461 1,456 1,328 1,57 1,258 1,43 1,41 1, ,844 1,512 1,71 1,59 1, ,124 1,695 1,897 1,951 1,755 JUN JUL 1,314 1,518 1,245 1,317 1,321 1,43 1,476 1,388 1,392 1,288 1,585 1,62 1,741 1,782 AUG SEP OCT NOV 1,216 1,2111 1,377 1, ,275 1,49 1,334 1, ,42 1,476 1,544 1, ,429 1,4144 1,33 1, ,457 1,415 1,542 1, ,67 1,574 1,777 1,352 1,15 1,726 1,8511 1,952 1,549 1,191 Area # of Listings N 217 NE 153 NW 725 XNE 1 XNW 28 C 49 E 186 S 182 SE 248 SW 2222 XSW 83 XS 168 W 18 XW ,261 1,882 1,977 1,877 1,746 1,811 1,889 1,798 1,7999 1,91 1,528 1, ,24 1,831 2,4 1,941 1,816 1,898 1,896 1,789 1,85 1,75 1,539 1, ,947 1,574 2,15 2,12 2,21 2,293 2,132 2,351 2,44 2,474 2,313 1, ,29 2,973 3,25 2,892 3,169 3,232 2,867 3,145 2,97 2,886 2,38 1, ,499 2,376 2,71 3,85 2,96 2,82 Misc. MLS Information June 27 Month January 27 February 27 March 27 April 27 May 27 June 27 #Expired WD Release WD Temp Re-Lists Copyright 27 Tucson Association of REALTORS

11 JUNE 27 RESIDENTIAL SALES STATISTICS Sale Price by Bedroom to ,999 under 3, 39,999 4, 49,999 5, 59,999 6, 69,999 4 or More ,999 under 3, 39,999 4, 49,999 5, 59,999 6, 69,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139, , 79, , 89,999 9, 99,999 1, 119,999 12, 139,999 14, 159,999 16, 179,999 18, 199,999 2, 249,999 25, 299, , 159, , 179,999 18, 199,999 2, 249,999 25, 299,999 3, 399,999 4, 499,999 5, 749,999 75, 999,999 1,, over 3, 399, , 499,999 5, 749,999 75, 999,999 1,, over 29,999 under 3, 39,999 4, 49,999 5, 59,999 6, 69,999 Total ,999 under 3, 39,999 4, 49,999 5, 59,999 6, 69,999 7, 79,999 8, 89,999 9, 99,999 1, 119,999 12, 139,999 7, 79, , 89,999 9, 99,999 1, 119,999 12, 139,999 14, 159,999 16, 179,999 18, 199,999 2, 249,999 25, 299,999 3, 399,999 4, 499,999 5, 749,999 75, 999,999 1,, over , 159, , 179,999 18, 199,999 2, 249,999 25, 299,999 3, 399, , 499,999 5, 749,999 75, 999,999 1,, over Copyright 27 Tucson Association of REALTORS

12 Tucson Association of REALTORS, Real Estate Trend Indicator Tucson, AZ From: 6/1/27 to 6/3/27 Statistics generated on: 7/5/27 Residential Listing Statistics Active Listings Days on Market # Per Total Active Total Contingent Total Capa Total Pending Total Inventory June Sold Area Area of Units Sold Under $29, N Days 413 $3, to $39, NE Days 38 $4, to $49, NW Days 199 $5, to $59, XNE Days 135 $6, to $69, XNW Days 113 $7, to $79, C 1327 Over 18 Days 58 $8, to $89, E 542 $9, to $99, S 557 $1, to $119, SE 862 $12, to $139, SW 78 $14, to $159, XSW 33 $16, to $179, XS 694 $18, to $199, W 567 $2, to $249, XW 73 $25, to $299, Sold Units per $3, to $349, N 128 $35, to $399, NE 59 $4, to $449, NW 31 $45, to $499, XNE $5, to $749, XNW 15 $75, to $999, C 22 $1,, to $1,249, E 17 $1,25, to $1,499, S 73 $1,5, to $1,999, SE 116 $2,, to $2,999, SW 46 $3,, and over XSW 28 XS 7 Totals 8, ,42 1,718 1,226 W 63 XW 8 June 27 June 26 % Change YTD 27 YTD 26 % Change Home Sales Volume $365,932,899 $417,12, % $1,966,427,71 $2,27,338, % Home Sales Units 1,226 1, % 7,78 8, % Average Sales Price (All Residential) $298,477 $273,71 8.3% $277,93 $275,179.69% Median Sales Price $229, $225, 1.75% $223,31 $221,63 1.% Average Days on Market: % % Pending Contracts(Not yet closed in escrow) 2,53 1, % 1,84 1, % Active Listings 8,665 8,725.69% 9,923 7, % New Listings 2,82 3, % 2,98 3, % Average List Price for Solds: $38,528 $277, % SP/LP % 96.74% 98.75% its MLS does not reflect all real estate activity in Copyright 27 Tucson Association of REALTORS Avg. Days on Market 64 Avg. Sold Price $298,477 Avg. Median Price $229,