November 22, 2024 11:01 am
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Median Tucson home prices climb slightly, permit volume took expected drop in May

TucsonBy Hillary Davis, Inside | Tucson Business

Tucson’s residential resale market saw minor declines in unit sales, total sales volume and new and active listings from April to May, but the median home price climbed slightly.

With 1,215 homes selling for a combined $248.5 million last month, versus 1,301 selling for $256.4 million in April, the month-to-month activity was basically stable. Similarly, inventory didn’t lose much— differences of only about 70 units for all active listings, and 47 for new listings.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.