Northwest Tucson Real Estate: January 2018 Housing Report

In the Tucson Northwest area, December 2017 active inventory was 701, a 13% decrease from December 2016. There were 227 closings in December 2017, an 8% decrease from December 2016. Year-to-date 2017 there were 3,187 closings, a 5% increase from year-to-date 2016. Months of Inventory was 3.1, down from 3.3 in December 2016. Median price of sold homes was $257,500 for the month of December 2017, up 11% from December 2016. The Tucson Northwest area had 207 new properties under contract in December 2017, up 8% from December 2016.

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