Tucson Real Estate Absoption Rates July 2008

calendar August 22, 2008

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I’m going to chalk this up to the lazy crazy days of summer. I wrote more on this in yesterdays post on the Tucson MLS Statistics for July 2008.

 

Area

July Listed\
July
Sold
July
AR

June Listed\
June
Sold
June
AR
Sold YTD
N 730 75 9.73 769 96 8.01 569
NE 451 41 11.00 455 40 11.37 282
NW 1987 241 8.24 2131 254 8.38 1649
XNW 124 7 17.71 133 8 16.62 62
C 984 157 6.26 1001 161 6.21 918
E 445 76 5.85 422 83 5.08 467
S 513 65 7.89 527 60 8.78 403
SE 625 95 6.57 606 116 5.22 620
SW 625 62 10.08 666 66 10.09 449
XSW 309 14 22.07 309 32 9.65 180
XS 519 59 8.79 542 65 8.33 440
W 480 47 10.21 525 48 9.87 320
XW 72 5 14.40 72 5 14.40 37
  7,876 945 8.29 8,140 1048 7.88  

 

There was a slight increase overall by a few days. Some areas saw a slight change, others a little decrease, a couple major increases. But those could change easily in August. September 2008 is going to be a month to watch. More on this later.

By Dave Smith in Tucson Real Estate Market

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