July market statistics are in and the market did not have much movement. Days on Market (DOM) is up from last month and the absorption rate also had a slight uptick to 7.74 months, a nearly 20% improvement from July of 2009.
I anticipate the next couple of months being fairly productive as the fall season approaches before slowing down again during the winter lull.
To read the complete MLS report published by our local board click here.
Check out these possibly related posts:
- Tucson Real Estate Market – July 2007 Analysis
- Tucson Real Estate Market – June 2007 Analysis
- Saguaro Springs – A New Subdivision Coming to the Tucson Real Estate Market
- Tower Theatres – A New State-of-the-Art Theater in Marana
- Tucson Market Beginning to Turn Around?
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