With potential tariffs looming, and predictions of increased costs for consumers, I'm saving a snapshot of the Catalina Foothills single-family home market as it stands today. This will allow us to easily compare current conditions to how the market evolves in the future while considering any potential impact from the tariffs.
The Market Snapshot details key metrics, broken down by price range:
# Homes For Sale, In Contract, Sold-last 30 days, MOI (Months of Inventory)
MOI is a key indicator of market balance:
5-6 MOI: Balanced market
Less than 5-6 MOI: Seller's market
More than 5-6 MOI: Buyer's market
March 31,2025
|
List Price
|
For Sale |
in Contract
|
Sold |
MOI |
| $0 - $399,999 |
0 |
0 |
0 |
? |
| $400k -$599,999 |
13 |
14 |
7 |
-2 |
| $600k - $799,999 |
56 |
26 |
10 |
-6 |
| $800k - $999,999 |
28 |
13 |
8 |
4+ |
| |
|
|
|
|
| $1.0 -$1,249,999 |
15
|
13 |
6 |
2+ |
| $1.250-$1,499,999 |
15 |
14 |
10 |
1+ |
| $1.5 - $1,999,999 |
26
|
10
|
5
|
5
|
| $2.0 & UP |
39
|
3 |
5 |
-8 |
| Total Market |
192 |
93 |
51
|
-4
|
Currently, the Foothills market shows MOI at or below 6 months across all price ranges except for $2m+ which jumped from 5 MOI to nearly 8 MOI in just the last few days.
The Catalina Foothills housing market favors buyers or sellers depending on market conditions, which are influenced by factors such as financial uncertainty, the economy, and stock market performance.
Fingers crossed, let's hope for the best in the weeks and months ahead.
Catalina Foothills Homes
John Schneider, Realtor® | Tierra Antigua Realty
TheFoothillsToday.com
[email protected] | 520 271- 4164 ________________________________________________________________________________
