As of December 2008 active inventory was 7,708, a 17% decrease from December 2007. There were 737 closings in December 2008, relatively unchanged from December 2007. Months of Inventory decreased to 10.5, down from 12.5 in December 2007. Median price of sold homes was $168,000 for the month of December 2008, down 20% from December 2007. Contact me for market conditions in your specific neighborhood.
Richard Lecinski
Long Realty Company
520-834-4663
email rlecinski@longrealty.com
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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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