In the Tucson Northwest area, January 2018 active inventory was 729, a 12% decrease from January 2017. There were 198 closings in January 2018, a 2% increase from January 2017. Year-to-date 2018 there were 198 closings, a 2% increase from year-to-date 2017. Months of Inventory was 3.7, down from 4.2 in January 2017. Median price of sold homes was $245,750 for the month of January 2018, up 4% from January 2017. The Tucson Northwest area had 298 new properties under contract in January 2018, virtually unchanged from January 2017.
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