Tucson real estate: As of November 2012 active luxury inventory was 246, a 2% decrease from November 2011. There were 6 luxury closings in November 2012, 33% below November 2011. Months of Inventory was 42.2, up from 28.0 in November 2011. Median price of luxury sold homes was $1,062,750 for the month of November 2012, down 15% from November 2011. The Luxury market had 11 new luxury properties under contract in November 2012, down 15% from November 2011.
Here is a link to the entire Dec. 2012 luxury housing report.
Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana real estate. Contact Lisa for all your Tucson real estate needs.