By Gabriela Rico | Arizona Daily Star
Prospective homebuyers hoping for relief from soaring home prices in the Tucson area are likely in for a long wait.
In almost every area of town, home prices increased more than 15%, and nearly 30% in one area, from January 2021 to January 2022.
And the majority of sellers got 100% of the asking price for their home — often substantially more.
Days on the market for a home dropped in half since January 2021 from 42 to 21 in January 2022.