In September, home prices fell slightly from the month before, with a median listing price of $374,200.
The number of listings on the market grew 2.5% 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 September. But the most recent data shows that the price per square foot decreased by 0.4% compared with the month before.
So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in Old Pueblo are smaller the national market.
Tucson inventory
In September, there were 2,559 homes for sale in Tucson, which was 2.5% more than the month before and 28.7% more than the same time last year…