Home sales and prices in the Tucson market declined in January while new and active listings rose, according to the latest figures from the Tucson Association of Realtors Multiple Listing Service.
The 854 listed home sales in January represented a 17.7 percent drop from December sales and were 3.4 percent fewer than January 2013, the Realtors group said.
The average home sale price last month was $197,262, down 2.5 percent from December but 8.2 percent higher than January 2013.
The median home sale price — which lessens the effect of very low and very high sales prices — was $157,250, down from $157,900 in December but still about 8.5 percent higher than January 2013.
There were 5,477 active home listings in January, up 6 percent from December and nearly 23 percent more than January 2013, the Realtors said. January’s 2,289 new listings were 65 percent more than December and 21 percent more than in January 2013.
The average number of days a listed home was on the market rose to 59 in January from 54 in December, the Realtors said.