Tucson Real Estate News Update

The mortage industry has been put into a furore with the collapse of the sub prime market. Locally First Magnus shut its doors for business in the last month.

However,  in watching the Tucson Real Estate Market, and the August statistics that were just released Tucson the market  seems to have fared better than other part of the US.

We did not have a drastic decline in unit sales, were we only down 79 units in all last month and still over January and February of this year in units sold.

Average sale price has actually bounced up to $273,932 and the medium is $220,000 down $900 from last year.

Tucson has a unique market  that is capable of withstanding many of the pressures that other markets are experiencing