The housing market in Tucson seems to remain strong with many buyers willing to pay some of the highest prices Tucson has seen in some time.
Average sale prices in are up 3.01% from a year ago in February of 2018. Currently the average Tucson area home is selling for $246,615 We at Oliver Realty contribute this directly due to low inventory levels and limited options for buyers to buy. Low interest rates are also fueling buyer’s ability to buy at higher prices.
See Current Homes For Sale In Tucson
Inventory as mentioned remains very constrained with only 3.26 months of inventory available. 4905 total homes currently for sale down 18.5% from last February! Oliver Realty expects this number to slowly rise as sellers realize prices…