Tucson MLS 709 Closed Transactions December 31, 2008
December 31, 2008
Post Tags: Tucson-closed-transactions. , Tucson-MLS
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One Last Gasp of Good News
Out with the bad Year in with the Good
Out with the bad air in with the good. Out with the bad air in with the good. Out with the bad Year in with the Good.
I waited till after 5 PM on New Years Eve to pull these final numbers for the year. However, they are not the final, final numbers for the year.
Brokerages still have a few days to enter closed transactions into the Tucson MLS database. Based on previous months we will have more than the 756 closed transactions recorded for December 2007.
Here is what we do know.
- There are 709 already on the books.
- We know there were 756 for December 2007.
- We know we will match or exceed that same number
- We know the average sale price will be somewhere around $200,000
- We know last December the average sale price was $257, 162
- We know the decline in average sale price will be around 22% for the month
- We know we beat November closed transactions by more than 100
- We know 2008 will close with 30 year fixed interest rates around 5.1%
We know 2009 will be one year after 2008 and the last aought year in this century.
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