As of September 2009 active inventory was 6,114, a 23% decrease from September 2008. There were 927 closings in September
2009, a 1% increase from September 2008. Months of Inventory was 6.6, down from 8.6 in September 2008. Median price ofsold homes was $164,900 for the month of September 2009, down 8% from September 2008. Tucson is experiencing a signifcantincrease in buyer activity, with new properties under contract up 74% from September 2008. Time is running out on the first timehome buyer tax credit for qualifying buyers. Home purchase must close by November 30, 2009. Contact me for more details.
Richard Lecinski
Lon Realty Company
520-834-4663
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Real estate services in the Oro Valley, Greater Tucson, Vail and Marana areas. I work with a team and we can cover much of Southern Arizona including Rio Rico and Nogales. My phone is always on.
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