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Tucson, AZ

Single-Family Homes



Tucson, AZ

Sun May 29 2022
This week the median list price for Tucson, AZ is $425,000 with the market action index hovering around 84. This is less than last month's market action index of 85. Inventory has increased to 657. 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.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Tucson, AZ

Sun May 29 2022
This week the median list price for Tucson, AZ is $425,000 with the market action index hovering around 84. This is less than last month's market action index of 85. Inventory has increased to 657. 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.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Tucson market.
Median List Price $425,000
Median Price of New Listings $385,000
Per Square Foot $233
Average Days on Market 54
Median Days on Market 14
Price Decreased 26%
Price Increased 9%
Relisted 7%
Inventory 657
Median Rent
Market Action 84
Strong Seller's Market

While this week the median didn’t fluctuate much, prices continue to sit at all time highs. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,150,000 3,395 1 - 2.5 acres 4 4 26 32 23 35
$499,950 2,203 8,000 - 10,000 sqft 4 3 23 57 41 14
$375,000 1,745 6,500 - 8,000 sqft 3 2 24 64 58 14
$290,000 1,344 6,500 - 8,000 sqft 3 2 49 68 64 7