Tucson real estate : October 2011 luxury housing report

Tucson real estate : As of October 2011 active luxury inventory (home ablove $800k) was 240, a 26% decrease from October 2010. There were 7 luxury closings in October 2011, 40% above October 2010. Luxury months of Inventory was 34.3, down from 65.2 in October 2010. Median price of luxury sold homes was $1,170,000 for the month of October 2011, up 11% from October 2010. The Luxury market had 10 new luxury properties under contract in October 2011, up 25% from October 2010. 

Here is a link to the entire report.

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marana home sales.  ContactLisa for all your Tucson real estate needs.

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