As of June 2011 active inventory in Oro Valley was 367, a 7% decrease from June 2010. There were 53 closings in Oro Valley June 2011, 22% below June 2010. Months of Inventory was 6.9, up from 5.8 in June 2010. Median price of sold homes was $218,000 for the month of June 2011, down 17% from June 2010. Oro Valley had 62 new properties under contract in June 2011, up 13% from June 2010.
Here is a link to Long Realty’s entire June 2011 Oro Valley housing report. This is the most comprehensive Oro Valley real estate report I am aware of.
Realtor, Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana real estate.