Median sales price

Dec. 2008 $167,900

Nov. 2008 $178,000

Dec. 2007 $210,000

Notable: The last time the median sales price was comparable was in August 2004, at $167,500.

Average sales price

Dec. 2008 $200,055

Nov. 2008 $215,913

Dec. 2007 $257,162

Notable: The average sales price in Tucson rose above $200,000 for the first time in March 2004 and has been above that level since.

Listings under contract

Dec. 2008 612

Nov. 2008 677

Dec. 2007 799

Notable: December is typically a weak sales month in real estate, but last month continued a decline that began in April. The last December at a similar level was in 1997, when 613 listings were under contract.

Bright spot

Active home listings continue to decline. There were 7,627 active listings in December, a slight drop from November. Tucson real estate professionals generally say 6,000 active listings is a healthy number for the overall Tucson market.