The highlights from the April Tucson Multiple Listing Service statistics are encouraging. Monthly sales volume is up 4% over last month, and up over a whopping 36% over April 2009! The total unit sales number is up nearly 5% over March 2010, and over 30% over April last year.
Monthly inventory of new listings in the Tucson Real Estate Market decreased 2.95% from March, but overall increased 31.30% over April 2009. Active listings decreased 2.99% over last month and 4.17 over April 2009.
Pending sales in Tucson increased slightly by 1.23% in April from March and an impressive 16.58% over last April. See the full Tucson Multiple Listing Service statistic report, including detailed charts and graphs, here.
The Federal homebuyer credit expired April, and it will be interesting to see what the end of May reveals. According to the National Association of Realtors (NAR), existing home sales rose in April. For more information visit the NAR website here.
Denise McCreary
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