Tucson real estate: As of June 2012 active luxury inventory was 221, an 11% decrease from June 2011. There were 8 luxury closings in June 2012, 38% below June 2011. Months of Inventory was 27.6, up from 19.0 in June 2011. Median price of luxury sold homes was $1,075,000 for the month of June 2012, up 14% from June 2011. The Luxury market had 9 new luxury properties under contract in June 2012, down 40% from June 2011.
Here is the entire Luxury housing report June 2012
Realtor Lisa Bayless specializes in Catalina Foothills, Oro Valley and Marana home sales. Contact Lisa for all your Tucson real estate needs.