Arizona Housing Statistics from Long Realty
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Tucson Housing Report for November 2009
As of October 2009 active inventory was 6,273, a 22% decrease from October 2008. There were 995 closings in October 2009, a 25% increase from October 2008. Months of Inventory was 6.3, down from 10.1 in October 2008. Median price of sold homes was $159,000 for the month of October 2009, down 12% from October 2008. Tucson is experiencing a significant increase in buyer activity, with new properties under contract up 83% from October 2008.
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Phoenix Housing Report for November 2009
As of October 2009 active inventory was 39,229, a 29% decrease from October 2008. There were 8,148 closings in October 2009, 54% above October 2008. Months of Inventory was 4.8, down from 10.5 in October 2008. Median price of sold homes was $127,500 for the month of October 2009, down 22% from October 2008. Phoenix is experiencing an increase in buyer activity, with new properties under contract up 51% from October 2008.
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Green Valley Housing Report for November 2009
As of October 2009 active inventory was 896, a 5% decrease from October 2008. There were 39 closings in October 2009, 39% below October 2008. Months of Inventory was 23.0, up from 14.7 in October 2008. Median price of sold homes was $154,900 for the month of October 2009, down 9% from October 2008.
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Sahuarita Housing Report for November 2009
As of October 2009 active inventory was 228, a 2% increase from October 2008. There were 39 closings in October 2009, 9% below October 2008. Months of Inventory was 5.8, up from 5.2 in October 2008. Median price of sold homes was $162,820 for the month of October 2009, down 12% from October 2008. Sahuarita is experiencing a significant increase in buyer activity, with new properties under contract up 40% from October 2008.
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Sierra Vista Housing Report for November 2009
As of October 2009 active inventory was 1,074, a 3% increase from October 2008. There were 102 closings in October 2009, 34% above October 2008. Months of Inventory was 10.5, down from 13.7 in October 2008. Median price of sold homes was $172,500 for the month of October 2009, down 3% from October 2008.
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