Tucson real estate: As of December 2012 active luxury inventory was 239, a 4% increase from December 2011. There were 8 luxury closings in December 2012, 27% below December 2011. Months of Inventory was 30.5, up from 20.9 in December 2011. Median price of luxury sold homes was $1,170,000 for the month of December 2012, down 1% from December 2011. The Luxury market had 12 new luxury properties under contract in December 2012, down 8% from December 2011.
Here is a link to the entire January 2013 luxury housing report.
Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana real estate. Contract Lisa for all your Tucson area real estate needs.