Monthly Statistical Digest

Tucson Association of REALTORS Monthly Statistical Digest June 27 FOR IMMEDIATE RELEASE: July 13, 27 CONTACT: Judy Lowe, President - (52) 529-5189 Rick Hodges, CEO - (52) 327-4218 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

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 www.tarmls.com www.tucsonrealtors.org 2

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, 8 6 4 2 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 92 7.5% CND 116 9.46% 6.49% 1996 627 553 82 766 898 828 77 727 623 631 561 6 1997 519 572 736 788 779 816 815 751 728 732 561 675 1998 593 619 858 89 935 1,2 1,6 839 83 78 77 844 1999 635 732 964 1,67 1,15 1,232 1,98 1,57 884 881 793 796 2 662 85 1,16 1,1 1,126 1,113 938 1,36 872 82 848 741 21 22 23 24 698 759 743 845 861 899 929 1,24 1,69 1,48 1,225 1,175 1,192 1,12 857 91 772 1,42 1,163 1,299 1,161 1,166 1,63 942 1,111 883 1,12 1,249 1,336 1,299 1,3 1,287 1,193 1,173 965 1,346 1,55 1,533 1,718 1,53 1,468 1,274 1,295 1,29 774 1,22 1,81 1,283 112 82.54% 25 1,86 1,343 1,525 1,489 1,679 1,858 1,584 1,795 1,44 1,368 1,219 1,241 26 944 1,58 1,51 1,466 1,526 1,524 1,227 1,381 1,77 1,95 982 981 27** 941 993 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 24 929 1,24 25 1,86 1,343 26 944 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 1,241 982 981 Condo 25 26 YTD 27 15,89 13,165 5,82 2,234 2,471 712 36 418 572 232 183 67 27 941 993 1,318 1,287 1,313 1,226 Copyright 27 Tucson Association of REALTORS

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 $73,766,78 1997 $7,339,65 1998 $79,318,16 1999 $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 $18,665,641 5.1% Condo $18,259,79 4.99% $587,5.16% Millions $3 $25 $2 $15 $1 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 25 26 27** $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 $328,42,67 9 89.75% Copyright 27 Tucson Association of REALTORS

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 $131,228 1997 $135,529 $13,642 $129,372 $124,543 $131,146 $132,665 $132,499 $128,159 $137,664 $136,616 $134,712 $133,695 1998 $133,757 $128,273 $137,888 $137,484 $142,355 $15,287 $138,148 $134,359 $132,579 $13,75 $133,133 $141,2333 1999 $144,659 $141,71 $149,281 $14,521 $154,12 $159,772 $148,157 $144,47 $139,718 $142,782 $144,53 $15,5855 2 $144,761 $145,495 $151,985 $156,214 $159,929 $164,164 $157,61 $154,499 $155,838 $15,829 $162,274 $162,3333 21 $152,368 $149,994 $154,34 $164,5 $165,23 $162,269 $167,391 $167,779 $159,122 $152,955 $156,264 $165,3166 22 $156,489 $164,873 $16,596 $167,926 $178,47 $169,59 $17,853 $178,49 $163,58 $166,822 $179,514 $183,111 23 $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 $213,196 25 $229,43 $234,23 $238,367 $246,656 $258,835 $257,55 $26,294 $265,947 $252,515 $259,698 $265,947 $266,731 26 $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

JUNE 27 RESIDENTIAL SALES STATISTICS Median Sale Price by Type Total Listings Under Contract 2,53 Listings** MFR $96,25 14.69% $245,46 37.45% 3, 2,5 2, 1,5 1, 5 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV 1996 89 948 1,38 1,15 981 814 847 682 64 67 538 4777 1997 699 7666 911 851 87 859 856 775 765 691 712 613 1998 88 887 1,2 1,76 99 95 946 898 885 964 815 651 1999 861 961 1,251 1,148 1,145 1,228 1,88 957 954 859 913 624 CONDO $149,95 22.88% $163,75 24.99% 2 689 1,3 1,216 1,39 973 954 9699 896 813 846 814 649 21 887 1,89 1,285 1,168 1,246 1,217 1,131 1,148 911 1,11 92 84 22 1,18 1,254 1,415 1,555 1,427 1,345 1,335 1,335 1,241 1,243 1,251 1,17 23 1,319 1,41 1,71 1,719 1,712 1,684 1,62 1,515 1,316 1,414 1,233 1,14 24 1,47 1,676 2,64 2,766 2,44 1,978 1,916 1,71 1,652 1,742 1,593 1,282 25 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 1,89 893 747 27 863 1,94 1,192 1,217 1,191 2,53 782 891 678 ** 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 $175,295 26 $215,875 27 $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

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,,337 216 2,788 1,63 898 1,92 1,474 276 546 963 152 26 1,426 857 3,,471 22 2,363 1,251 1,39 1,523 1,188 272 63 1,75 122 YTD 27 642 363 1,,779 88 1,156 521 521 697 399 178 42 375 5 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 $38,528 2 3 4 5+ All N NE NW XNW C E S SE SW XSW XS W XW TOTAL 47 1 56 86 24 13 8 5 11 7 19 2 289 35 22 144 11 93 49 45 69 26 14 43 32 6 589 32 21 98 3 18 3 15 36 14 2 17 1 296 14 6 12 1 5 4 3 1 1 3 2 52 128 59 31 15 22 17 73 116 46 28 7 63 8 1,226 Copyright 27 Tucson Association of REALTORS

JUNE 27 RESIDENTIAL SALES STATISTICS Active Listings June 27 8,,665 12, 1, 8, 6, 4, 2, 1996 1997 1998 1999 2 21 22 23 24 25 26 27 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 2 4 6 8 1, 1,2 1,4 1,6 1,8 2, Condo 52 5.79% 669 7.72% Condo 79.91% 7,417 85.58% 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 6 8 17 1 18 43 46 67 149 26 397 265 297 575 793 67 73 1,224 1,377 1,723 Copyright 27 Tucson Association of REALTORS

JUNE 27 RESIDENTIAL SALES STATISTICS Averagee Days on Market/Listing June 27 64 Days 1 9 8 7 6 5 4 3 2 1 JAN 1996 1997 1998 1999 2 21 22 23 62 86 86 74 65 62 61 59 61 86 79 75 64 61 6 55 FEB MAR APR MAY JUN JUL AUG 57 54 54 55 56 79 81 77 8 75 72 72 66 7 69 66 64 61 62 62 59 57 51 49 53 55 555 49 49 47 53 52 49 47 5 57 53 52 53 52 SEP 67 67 7 76 67 71 61 58 51 5 46 5 52 52 52 5 OCT NOV 66 77 78 76 7 64 56 59 53 51 47 48 5 5 56 53 8 8 73 62 56 56 56 52 Area N NE NW XNE XNW C E S SE SW XSW XS W XW Avg. DOM 65 59 73 3 89 51 49 65 54 72 74 83 69 69 24 56 61 6 64 52 47 43 41 39 41 43 4 25 45 39 37 35 3 28 26 26 3 31 34 39 26 44 45 45 45 5 46 49 53 5 57 6 64 27 68 63 64 65 61 64 Averagee Days on Market/Listing Breakdown 7 6 5 52 5 64 121 18 Days 113 91 12 Days 9.2% 135 11.% 181 + Days 58 4.7% 3 Days 413 33.7% 4 3 3 2 1 Average DOM 24 25 26 27 61 9 Days 199 16.2% 31 6 Days 38 25.1% Copyright 27 Tucson Association of REALTORS

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 1996 1997 1998 1999 2 1,623 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 1,395 21 1,844 1,512 1,71 1,59 1,521 22 2,124 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 1,5 786 1,275 1,49 1,334 1,157 98 1,42 1,476 1,544 1,297 947 1,429 1,4144 1,33 1,265 89 1,457 1,415 1,542 1,358 892 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 16 23 2,261 1,882 1,977 1,877 1,746 1,811 1,889 1,798 1,7999 1,91 1,528 1,231 24 2,24 1,831 2,4 1,941 1,816 1,898 1,896 1,789 1,85 1,75 1,539 1,127 25 1,947 1,574 2,15 2,12 2,21 2,293 2,132 2,351 2,44 2,474 2,313 1,638 26 3,29 2,973 3,25 2,892 3,169 3,232 2,867 3,145 2,97 2,886 2,38 1,79 27 3,499 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 63 52 59 652 55 62 WD Release 183 846 953 977 17 98 WD Temp 37 4 45 39 2 2 Re-Lists 513 36 322 326 382 292 Copyright 27 Tucson Association of REALTORS

JUNE 27 RESIDENTIAL SALES STATISTICS Sale Price by Bedroom to 2 3 5 45 4 35 3 25 2 15 1 5 2 2 5 4 15 1 16 43 34 32 24 43 14 29 9 6 1 18 16 14 12 1 8 6 4 2 1 1 1 1 7 5 12 2 29 68 79 161 74 65 32 27 2 4 29,999 under 3, 39,999 4, 49,999 5, 59,999 6, 69,999 4 or More 7 6 5 4 3 2 1 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 1 1 2 2 1 7, 79,999 999 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 4 14, 159,999 999 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 3, 399,999 999 4, 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 63 51 51 42 59 3 25 2 17 21 21 15 1 3 9 5 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 7, 79,999 999 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,, over 267 67 666 19 12 139 14 45 83 92 3 3 7 6 24 17 29 24 25 14, 159,999 999 16, 179,999 18, 199,999 2, 249,999 25, 299,999 3, 399,999 999 4, 499,999 5, 749,999 75, 999,999 1,, over Copyright 27 Tucson Association of REALTORS

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 $29,999 1 1 N 755 1 3 Days 413 $3, to $39,999 6 1 1 8 NE 457 31 6 Days 38 $4, to $49,999 8 3 11 3 NW 2584 61 9 Days 199 $5, to $59,999 17 3 3 23 3 XNE 7 91 12 Days 135 $6, to $69,999 18 3 9 3 7 XNW 12 121 18 Days 113 $7, to $79,999 43 11 1 16 71 6 C 1327 Over 18 Days 58 $8, to $89,999 46 12 15 73 24 E 542 $9, to $99,999 67 13 1 1 91 17 S 557 $1, to $119,999 149 25 1 34 29 29 SE 862 $12, to $139,999 26 7 51 381 67 SW 78 $14, to $159,999 397 8 2 83 562 66 XSW 33 $16, to $179,999 575 93 2 76 746 19 XS 694 $18, to $199,999 793 19 2 95 999 12 W 567 $2, to $249,999 1723 173 1 233 2139 267 XW 73 $25, to $299,999 1224 111 7 125 1467 139 Sold Units per $3, to $349,999 772 59 7 81 919 92 N 128 $35, to $399,999 65 45 3 51 74 53 NE 59 $4, to $449,999 367 31 1 32 431 47 NW 31 $45, to $499,999 33 28 2 28 361 36 XNE $5, to $749,999 73 68 7 56 861 92 XNW 15 $75, to $999,999 265 15 3 19 32 24 C 22 $1,, to $1,249,999 75 3 8 86 13 E 17 $1,25, to $1,499,999 83 4 4 91 5 S 73 $1,5, to $1,999,999 6 2 3 65 2 SE 116 $2,, to $2,999,999 59 1 1 5 66 4 SW 46 $3,, and over 2 1 21 1 XSW 28 XS 7 Totals 8,665 961 5 1,42 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 13.99% $1,966,427,71 $2,27,338,7 12.25% Home Sales Units 1,226 1,524 24.31% 7,78 8,19 13.29% 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: 64 46 28.13% 64.2 45.8 28.66% Pending Contracts(Not yet closed in escrow) 2,53 1,712 16.61% 1,84 1,896 74.91% Active Listings 8,665 8,725.69% 9,923 7,755 21.85% New Listings 2,82 3,232 14.61% 2,98 3,113 7.5% Average List Price for Solds: $38,528 $277,177 1.16% SP/LP % 96.74% 98.75% its MLS does not reflect all real estate activity in Copyright 27 Tucson Association of REALTORS www.tarmls.com www.tucsonrealtors.org Avg. Days on Market 64 Avg. Sold Price $298,477 Avg. Median Price $229,