by Jay Myers

For the past year or so the consumer has read a lot of negative media about the Arizona housing market. As of late, there has been increased positive news and statistics that are definitely encouraging. Although the housing market has a ways to go before recovering from its downturn, this new information can give us more reasons to be optimistic.

The Tucson listings and sales data, which was recently released is showing some good signs to the road to recovery but we still have a ways to go. Sales volume in June 2009 showed a solid increase over May 2009 by 14.63%. The average sales price of homes also increased 3.06%. Homes that are under contract but haven’t closed escrow were up over May by 11.23%. The number of inventory homes on the market showed a decrease by 3.77% and 22.9% since January 2009. This decrease of Tucson homes is without question very encouraging.

Two of the zip codes in the Tucson area with the largest number of home sales in June 2009 were 85706 (South Tucson) with 88 sales.

The other largest number of sales was zip code 85746 with 59 units sold.

Tucson is an exceptional place to live in Arizona. With its higher elevation than Metro Phoenix and being surrounded by mountains, temperatures are cooler. Tucson is only an hour drive from the Phoenix area and just a few hours from the Mexico border.

We can only hope that these housing market numbers continue to show positive signs for the second half of 2009.

Movoto.com Releases Movoto Market Trends Widgets
Graphs can be customized to show a specific city, different real estate market statistics and from 6 months to 2 years of data. Mark Brandemuehl, vice president of Marketing at Movoto.com said: "Real estate is local and most real estate market reports …
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