In November, home prices fell slightly from the month before, with a median listing price of $374,000.
The number of listings on the market grew 1.3% from last month, which is a smaller increase than normal for this time of the year in Tucson, and homes are also selling slower than at the same time last year.
Home prices in Tucson
Typically, home price per square foot in Tucson tend to rise in November. And the most recent data shows that the price per square foot increased by 0.5% compared with the month before.
So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 1.2%, which means price changes in Old Pueblo are outpacing the national market.
Tucson inventory
In November, there were 2,669 homes for sale in Tucson, which was 1.3% more than the month before and 17.6% more than the same time last year.
Meanwhile, active inventory across the nation fell by 2.5% from last month to 1,072,266.
Time on market
Homes in Tucson take an average of 57 days to sell, according to November figures.
This is the same as the previous month and five days more than the same month last year.
For comparison, nationally homes spent an average of 64 days on the market in November.
Use the Realtor.com data portal to get more market data, broken down by state, metro or ZIP code.
* Here’s a live look at popular listings and recent home sales in Tucson, AZ.