First Integrity Title Market Report

Tucson, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Tucson, AZ

Sun Mar 07 2021
This week the median list price for Tucson, AZ is $192,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has held steady at or around 250. Click here to stay informed with the Tucson market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Tucson, AZ

Sun Mar 07 2021
This week the median list price for Tucson, AZ is $192,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has held steady at or around 250. Click here to stay informed with the Tucson market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Tucson market.
Median List Price $192,000
Per Square Foot $158
Days on Market 28
Price Decreased 12%
Price Increased 1%
Relisted 20%
Inventory 250
Median Rent $1,004
Most Expensive $2,050,000
Least Expensive $29,900
Market Action 40
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$335,000 1,705 0 - 4,500 sqft 2 2 35 14 8 28
$224,500 1,363 0 - 4,500 sqft 2 2 38 9 9 49
$169,900 1,090 0 - 4,500 sqft 2 2 40 13 10 21
$125,000 867 0 - 4,500 sqft 2 1 48 8 11 63