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December Housing Report 2011
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If you are looking to find out what is happening in housing in Southern Arizona, download these easy-to-follow reports. Each report shows trends for active listing inventory, closed sales and months of inventory. In addition, view a breakdown of inventory, closed sales and months of inventory by price band, plus a year-over-year summary analysis.
As of November 2011 active inventory was 5,314, a 29% decrease from November 2010. There were 1001 closings in November 2011, 25% above November 2010. Months of Inventory was 5.3, down from 9.3 in November 2010. Median price of sold homes was $122,500 for the month of November 2011, down 12% from November 2010. The Tucson Market had 1,300 new properties under contract in November 2011, up 37% from November 2010.
The below reports reflect market activity for October 2011: