In the Oro Valley area, December 2017 active inventory was 250, a 10% decrease from December 2016. There were 60 closings in December 2017, a 13% decrease from December 2016. Year-to-date 2017 there were 927 closings, virtually unchanged from year-to-date 2016. Months of Inventory was 4.2, up from 4.0 in December 2016. Median price of sold homes was $291,000 for the month of December 2017, up 4% from December 2016. The Oro Valley area had 63 new properties under contract in December 2017, up 15% from December 2016.
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