What’s happening?
Tucson July 2025 Housing Market Report – Here’s what you need to know:
The Tucson July 2025 Housing Market Report shows that the local real estate market is shifting slightly compared to last year. Prices have softened, sales have slowed, and buyers are gaining more choices. Let’s break it down so it’s easy to understand.
Tucson July 2025 Housing Market Prices
In July 2025, the median sale price for a home in Tucson was $354,000. That’s a 3% drop from July 2024, when prices were $365,000. It’s also about $6,000 lower than in June 2025.
The average price per square foot was $220, down from $227 in June. This shows that prices are not just dipping for the total home price, but also on a per-foot basis.
Number of Homes Sold
A total of 1,341 homes sold in July 2025, which is 2.1% fewer than the same month last year. While that’s not a huge drop, it’s another sign that the market is cooling compared to the fast pace we saw during 2021–2022.
Speed of Sales
The median days on market was 39 days, which is 11 days longer than last year. This means homes are staying on the market longer before finding a buyer.
Market Size & Sales Volume
The total value of homes sold in July 2025 was $570.8 million. That’s about 3.1% less than July 2024.
Most Popular Price Ranges
The hottest price range in July 2025 was $300,000–$399,999, making up about 34% of all sales.
Homes under $200,000 are becoming rare, making up just 8% of all sales.
Inventory is Growing
There were 5,243 homes for sale in July, which is a healthy supply for buyers. The months of supply stood at 3.91 months. This means if no new homes were listed, it would take almost four months to sell everything currently available.
Nearly half of all homes for sale (49%) had a price drop before they sold, with the average price reduction being 6%.
For Buyers
If you’re a buyer, the July 2025 Tucson housing market is starting to work in your favor.
- More choices: Inventory is higher than last summer.
- Less competition: Homes are taking longer to sell, so you have more time to make an offer.
- Negotiating room: On average, homes sold for 2% below their asking price.
For Sellers
Sellers can still get good prices, but the days of bidding wars for most homes are fading.
- Price competitively: Overpricing can lead to longer time on the market.
- Expect negotiations: Buyers are more likely to ask for concessions or price reductions.
- First impressions matter: Homes that look great and are move-in ready still sell faster.
Historical Perspective
Five years ago, in July 2020, the median home price in Tucson was about $245,000. Prices have climbed significantly since then, even with the recent cooling. The Tucson July 2025 Housing Market Report shows that while the market is less heated than the pandemic boom, prices remain much higher than pre-2021 levels.
Key Takeaways from the Tucson July 2025 Housing Market Report
- Median Price: $354,000 (down 3% from last year)
- Homes Sold: 1,341 (down 2.1% from last year)
- Days on Market: 39 (11 days slower than last year)
- Inventory: 5,243 homes for sale
- Most Popular Price Range: $300,000–$399,999
- Negotiations: Average sale is 2% below asking price
In short: The Tucson July 2025 Housing Market Report shows a cooler, more balanced market compared to last year. Buyers have more time and options, while sellers need to price realistically to attract offers. Ready to make a move in Tucson? Let’s talk about your best options — call or text us today.
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