home prices still falling in the Tucson foothills

Yes, hard to believe, but true. Home prices in the Tucson Foothills are down from last year. Earlier this year, let’s say in the 1st qtr, they were up from last year. But not anymore.
Have a look;

2009 average/median sold prices - 535,242/$432,500

1st Qtr 2010 average/median sold prices – $560,779/$441,500
2nd Qtr 2010 average/median sold prices – $486,184/$408,750
half year average/median - $521,027/$416,000

That pulls the average down 2.6%, the median down 3.8%, from 09.

That’s the way it is.

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