April Market Stats

Hey there, Tucson! Spring is here, and so is the excitement of the real estate market. As temperatures rise and wildflowers bloom, it's the perfect time to take a closer look at how our housing market is performing this April. Let’s break down the numbers!

This past month, the average price reached $488,723. While that marks a slight decrease from last April's average of $501,368, we shouldn’t be overly concerned. In fact, comparing it to March's average of $484,924, we see a minor improvement month-over-month. This fluctuation can present opportunities for buyers to find their dream homes at favorable prices.

Next, let’s examine how long homes sit on the market. The average days on market last month was 52 days. This is an increase from 46 days noted last April. Interestingly, March recorded a longer average of 59 days. This upward trend suggests a more deliberate buying process, giving buyers a bit more negotiation power.

April 2024 saw 1,237 homes sold, while March 2025 brought in 1,270 transactions. This past April recorded 1,225 homes sold. Although sales dipped compared to March, they're still solid numbers that indicate a stable market.

The difference may not seem drastic, but even a small percentage shift in sales (approximately 3.5% from March to April) can indicate changing buyer confidence and market dynamics. If you're in the market, this stability might allow for better options in negotiations.

What does all this info reveal about the Tucson real estate market? With an average home price of $488,723 reflecting a slight annual decrease, plus homes staying on the market for an average of 52 days, buyers currently hold a bit of leverage. The total sales of 1,225 homes this April signal a market working to stabilize.

The spring season may have stirred things up, creating intriguing opportunities for both buyers and sellers. Whether you're looking for your first home or considering selling an investment property, now could be a strategic moment to explore these evolving market conditions.