In the last 2 days 11 homes have gone to contract in the Tucson Foothills. But they’re all priced from $150,000 to $489,000 – at the low end of the market – which has been going great guns for more than a year now. So no worries there.
But not a single contract for the more than 200 homes priced from $490,000 to $15,900,000 – where we really need it.
And the other day I noted; Things were barreling along until about a week ago but now there’s been a dip in the action, just 12 homes to contract. (in 6 days, and 9 of them topped out at $550k. Then 1 each at $699, $749 and a possible record breaker (once it closes) at $2.995)
But one record breaker does not make the market.
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