Northwest Tucson Real Estate: May 2018 Housing Report

In the Tucson Northwest area, April 2018 active inventory was 701, a 12% decrease from April 2017. There were 279 closings in April 2018, a 3% decrease from April 2017. Year-to-date 2018 there were 998 closings, a 4% decrease from year-to-date 2017. Months of Inventory was 2.5, down from 2.8 in April 2017. Median price of sold homes was $262,250 for the month of April 2018, up 5% from April 2017. The Tucson Northwest area had 348 new properties under contract in April 2018, up 11% from April 2017.

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