/ Modified may 15, 2017 11:15 a.m.

Tucson Housing Market Cools in April

Sales and sales volume went down as the market heads into its traditional busy season.

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The number of homes sold in Tucson went down in April, according to statistics from the Tucson Association of Realtors.

A total of 1,445 homes were sold in April, compared to 1,619 in March and 1,473 in April 2016.

Sales volume also decreased. $337 million changed hands in real estate deals last month, down from $364 million the month before. Sales volume was up year-to-year though. It was $326 million in April 2016.

The head of the Tucson Association of Realtors said a one-month drop is nothing to be concerned about, considering the recent upward trend in the market.

“Our market is still very strong, especially in the $350,000-and-below market. We’re still in a seller’s market and doing well,” said TAR President Pam Ruggeroli.

She said demand for houses priced above $350,000 has also picked up in recent months.

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