Tucson real estate: As of July 2012 active luxury inventory was 207, a 10% decrease from July 2011. There were 14 luxury closings in July 2012, 8% above July 2011. Months of Inventory was 14.8, down from 17.8 in July 2011. Median price of luxury sold homes was $1,037,500 for the month of July 2012, down 6% from July 2011. The Luxury market had 15 new luxury properties under contract in July 2012, up 114% from July 2011.
Here is a link to the entire August 2012 Tucson luxury housing market report.
Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marana real estate. Call Lisa (520.668.8293) with all your Tucson real estate needs.