"Nearly half of Tucson's home sellers adjusted their asking prices downward in the week ending Nov. 7, 2025, yet the market absorbed 313 properties while adding just 221 new listings, a 141% absorption rate that signals pricing strategies are connecting with buyers. The Tucson metro's single-family market recorded 3,539 active listings with a median price of $417,430. Despite 42.9% of sellers reducing prices, the median held steady, while homes moved at a 70-day median pace that matched Arizona's statewide tempo."
"The 313 absorbed properties against 221 new listings created a net inventory reduction of 92 homes for the week. The 2.9 months of supply positions Tucson slightly above Arizona's 2.6-month level and the national 2.5-month benchmark. This inventory cushion provides buyers more selection while maintaining enough scarcity to support pricing. Market conditions registered as neutral on HousingWire Data's market gauge, reflecting balanced dynamics between supply and demand forces."
Tucson's single-family market absorbed 313 properties while only 221 new listings were added, producing a 141% absorption rate and a net inventory decline of 92 homes for the week. Active listings totaled 3,539 with a median list price of $417,430 and a 70-day median days on market matching Arizona's pace. Forty-two point nine percent of sellers reduced asking prices while just 4.1% raised prices and 9.7% relisted. Months of supply stood at 2.9, slightly above Arizona's 2.6 and the national 2.5, providing buyers greater selection but maintaining scarcity to support prices. Median price per square foot was $228.4, a 12.4% discount to the state average.
Read at www.housingwire.com
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