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In the Oro Valley area, December 2019 active inventory was 183, a 26% decrease from December 2018. There were 65 closings in December 2019, virtually unchanged from December 2018. Year-to-date 2019 there were 958 closings, a 5% increase from year-to-date 2018. Months of Inventory was 2.8, down from 3.8 in December 2018. Median price of sold homes was $325,000 for the month of December 2019, up 7% from December 2018. The Oro Valley area had 55 new properties under contract in December 2019, up 12% from December 2018.
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