As of November 2009 active inventory was 6,414, a 20% decrease from November 2008. There were 981 closings in November 2009, a significant increase of 51% from November 2008. Months of Inventory was 6.5, down from 12.4 in November 2008. Median price of sold homes was $164,000 for the month of November 2009, down 8% from November 2008. Tucson is experiencing a significant increase in buyer activity, with new properties under contract up 83% from November 2008.