Along with an increase in the prices of homes sold, inventory continued to climb for the fifth consecutive month in November. The average sales price hit $182,539, a new high for the year, according to the latest data from the Tucson Association of Realtors Multiple Listing Service.
The median sales price continued to hold in the mid-$140,000s for a fourth consecutive month.
Year-to-date, total sales are now within 185 of last year’s 12,791 closings. Through November, 12,506 homes have been sold (see chart).
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