were a mixed bag
Home sales were up nicely from recent months and also measured up pretty well against the entire year, but sale prices were down quite a bit.
Have a look – the average sale price was the lowest for all 12 months and the median was the 3rd lowest for the year.
| when | # sold | Avg sold | Med sold | Avg $/sf | @$1.0+ |
| December | 55 | $436,337 | $382,500 | $160 | 1 |
| November | 39 | $516,726 | $420,000 | $155 | 3 |
| October | 30 | $491,197 | $430,000 | $165 | 1 |
| September | 42 | $463,250 | $360,500 | $155 | 3 |
| August | 51 | $509,541 | $380,000 | $170 | 4 |
| July | 53 | $490,823 | $416,000 | $164 | 3 |
| June | 57 | $482,010 | $412,500 | $170 | 3 |
| May | 59 | $467,971 | $383,000 | $167 | 4 |
| April | 47 | $514,083 | $425,000 | $181 | 5 |
| March | 71 | $558,571 | $400,000 | 186 | 5 |
| February | 33 | $592,330 | $483,500 | $193 | 2 |
| January | 39 | $530,899 | $400,000 | $172 | 5 |
But in November, when sale prices were up, I said - November’s average sale price was better than every month since March and except for last month, the median is higher than every month since April. That said, I still don’t see any real direction or trend to where this market is headed. (November home sales in the Tucson Foothills) And now, with this latest change of direction, who knows where prices are headed.
But let’s hope that this is finally the year when buyers and sellers start to see eye to eye on prices. That would be real progress.
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