The Catalina Foothills

in contract last week, 9/30 - 10/06/2019

From Monday September 30th thru Sunday October 6th - 14 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 11/14/2019)

6 were priced from $310,000 to $560,000
7 from $619,000 to $900,000
1 at $1,500,000

Checkout the house listed for $310,000, a good example of ... price it right and you can sell anything.

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in your favorite Catalina Foothills subdivision, October 2019

The following is a snapshot of the single family home market in a variety of popular subdivisions across the Catalina Foothills of Tucson, AZ. The sold activity represents sales from Jan 1 - Oct 13, 2019. 

If you would like to see and perhaps compare last years numbers to this years CLICK HERE TO SEE the same report on the same subdivisions that I did last year at this time.

Also, Click any highlighted subdivision name to see all the homes that are currently for sale – all searches are continuously updated with new listings and show all the single family homes for sale in that subdivision of the Catalina Foothills - zips 85718 & 85750. 

Alta Vista

7 homes for sale  from $500 to $1,375,000
median list price $775,000

1 home in contract at $995,000

18 homes sold from $550,000 to $1,030,000
median sold price $782,250
With less than a 4 month supply of homes for sale AV is a sellers market.

 

Foothills Clusters

3 homes for sale from $349,000 to $385,000
median list price $359,900

3 in contract from $359,900 to $379,000

15 sold from $312,000 to $484,000
median sold price $352,000
With homes flying off the shelf (the 15 homes sold in 16 median days on market) and just 3 for sale Foothills Clusters is a strong sellers market. 

 

Skyline Bel Air

8 homes for sale in SBA from $395,000 to $799,000
median list price $497,500

3 in contract from $390,000 to $689,990

18 homes sold this year - from $385,000 to $667,500
median sold price $525,434
With 8 for sale and 18 sold SBA is sitting on less than a 4 month supply of homes, a sellers market.  Also - during the same period in 2017  28 homes sold at a median sold price of $422,000 - and during the same period in 2018 23 homes sold at median sold price of $480,000. So, fewer homes sold this year but they did so at appreciably higher sold prices - 24% higher than 2017 and 9% higher than last year. 

 

Shadow Hills 

5 homes for sale from $615,000 to $785,000
median list price $678,500

1 in contract at  $560,000

a whopping 22 sold from $380,000 to $975,000
median sold price $588,500

5 for sale and 22 sold works out to approximately a skimpy 2 month supply of homes in one of the most popular subdivisions in the Catalina Foothills. 

 

Pima Canyon

10 homes for sale from $849,000 to $4,200,000
median list price $1,747,500

1 in contract at $1,095,000

19 sold from $850,000 to $2,110,000
median sold price $1,250,000
10 for sale and 19 sold in (nearly) 10 months = a 5 month supply of homes for sale.
*Tidbit - the 19 homes sold so far this year is a record for PC - the next highest was 16 homes sold in 2006 during the same time period, Jan 1 - Oct 13, 2006. 

 

Sin Vacas (not including Villa Milano)

10 for sale from $585,000 to $1,200,000
median list price $725,000

1 in contract at $400,000

7 sold from $613,000 to $1,062,500
median sold price $735,000
10 for sale, 7 sold = a 13 month supply of homes =  a buyers market

 

La Paloma 

9 homes for sale from $325,000 to $1,150,000
median list price $595,900

4 in contract from $390,000 to $799,000

and, the envelope please
38 homes sold so far this year (same # sold as last year) from $272,500 to $1,525,000
median sold price $434,000
9 for sale, 38 sold = a tad more than a 2 month supply of homes for sale - a sellers market, + 4 in contract.

 

Flecha Caida

12 homes for sale from $390,000 to $899,000
median list price $613,250

no homes in contract 

18 homes sold from $243,100 to $810,000 
median sold price $475,000
with a perfect 6 month supply of homes for sale Flecha is at this time a balanced market. 

Skyline Country Club

16 homes for sale from $675,000 to $3,695,000
median list price $1,047,000

3 homes in contract from $699,000 to $1,500,000

12 homes sold from $418,000 to $1,450,000
median sold price $635,000
with 16 for sale and 12 sold in just under 10 months Skyline CC is sitting on a 12 month supply of homes

 

 Catalina Foothills Estates 10 

7 homes for sale from $995,000 to $2,000,000
median list price $1,189,000

none in contract

9 sold from $654,000 to $2,550,000
median sold price $1,022,500
approximately a 7 month supply of homes in Cat 10, which is nearly a balanced market... 

 

 Fairfield 

9 homes for sale from $269,500 to $1,100,000 (an unusually large spread for Fairfield)
median list price $505,000

3 homes in contract from $435,000 to $530,000

24 sold so far this year (exactly the same # of sales as last year) from $315,500 to $659,200
median sold price $497,000 (at this time last year median sold was $437,000)
With 9 for sale & 24 sold Fairfield is sitting on a lean 3.5 month supply of homes for sale - a sellers market. And the 24 that sold sold fast - in 14 median days on market. 

 

Sabino Mountain

nothing for sale 

4 in contract from $350,000 to $885,000 

15 sold from $295,000 to $875,000
median sold price $365,000
last year at this time just 7 homes had sold on Sabino Mountain

 

Ventana Country Club

12 homes for sale from $549,900 to $1,950,000
median list price $734,000

nothing in contract 

24 sold from $405,000 to $1,500,000
median sold price $644,500
Another banner year for home sales in Ventana - currently, with just under a 5 month supply of homes for sale. 

CLICK HERE TO SEE the same report from this time last year 

 And that's it, thanks for stopping by. 
I hope it was informative and helpful.
Contact me if you have any questions or if you would like to purchase a home in the Catalina Foothills. 

 
see all the homes for sale in the Catalina Foothills
at TheFoothillsToday.com

so far this year

Here's a quick broad strokes rundown of the Catalina Foothills single family home market for the period of January 1st  thru September 30th for this year and last year. 

693 single family homes sold this year (653 sold same period 2018)

$495,000 median sold price this year  (and it hasn't budged, it was $495,000 last year too)

this year homes sold in 34 median days on market  (vs. 38 median days last year)

so far this year 47 homes sold at $1,000,000+ ( 51 sold during same period last year)

More homes sold so far this year than any other year going back to 2005, when 828 sold during the same period. 

For a closer look at the market in your price range check out the Market Snapshot 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

in contract last week, 9/23 - 9/29/2019

From Monday September 23rd thru Sunday September 29th - 13 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 11/05/2019)

11 were priced from $349,900 to $515,000
 1 at $995,000
 1 at $1,100,000
 And that's it!

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

gee, what a difference 10 years makes

In September 2010,  I posted a piece titled  if you’re a high-end buyer, time is on your side. 

A piece that went on to note that "prices for high-end homes are down about 30% from where they were  .....  And because there is a big supply and a small demand, prices are going down every day etc.blahblah At the same time, foreclosures and short sales are going up every day".  And so on, along those lines ....

Then I listed the 14 homes that had been for sale in 2010 at $1.5mil or more and that sold that year up until late September. 
A sad story of ravaged dreams and homes selling for around 30% to 60% below their original list price after, in many cases, eons on the market and, in many cases, umpteen price cuts. A tale of woe with heaps more woe to come for the then high-end home market. If you are interested in the gory details Read all about it HERE.  

And then compare it to sales of the 19 homes listed for $1.5mil or more and sold so far this year in the Catalina Foothills -  not quite a walk in the park but definitely a more positive market than 10 years ago.

1.  6632 N Los Leones Drive, Tucson, AZ 85718, a contemporary resulting from a top to bottom rebuild of an older home in Skyline CC, was listed for $1,500,000 - went to contract 11 days later and sold for $1,450,000 ($437/sf) 3.3% under list price - and the highest $/sf sold price of any home sold in Skyline CC in maybe forever, though I only checked back to 1990.

2. 8451 E Cloud Road, Tucson, AZ 85750, a mammoth home, 6,939 sq ft, on a mammoth lot, 18.57 acres, was first listed in 2011 for $3,977,000 and was on and off the market for the next 8 years until this year when it was listed for $1,500,000 and sold for $1,475,000 from that much reduced list price -  63% under Original List Price, OLP, 1.6% under final list price.

3. 3163 E Vía Palomita, Tucson, AZ 85718, was listed for $1,549,000 - went to contract on its first day listed and sold for $1,525,000 - 1.5% under list. 

4. 7203 E Stone Canyon Drive, Tucson, AZ 85750, Ouch! after selling for $2,100,000 in 2010 it was listed for $2,250,000 in 2017 and after eventually dropping to $1,750,000 it sold for $1,453,000 this year - 35% under OLP and 17% under final list price. 

5. 1734 E Sanctuary Cove Way, Tucson, AZ 85718, was first listed in 2014 for $3,250,000 and was on and off the market with many price cuts since then until dropping to $1,575,000 this year whereupon it sold for $1,512,000 - 53% under OLP and 4% under final list. 

6. 7767 N Ancient Indian Drive, Tucson, AZ 85718, Ouch! again. after selling for $2,150,000 in 2006 it was listed for $1,795,000 in late 2017 and after almost a year on the market it dropped to $1,595,000 - went to contract 5 days later and sold for $1,550,000 in Feb of this year - 28% under original list and almost 3% under final list.

7. 2167 E Desert Garden Drive, Tucson, AZ 85718, listed for $1,935,000 in Jan 2018 and within 4 months dropped to $1,835,000 then $1,670,000  then $1,599,000 and sat there for 9 months before selling for $1,480,000 ($317/sf) - 24% under OLP and a more reasonable 7% under final list. 

8. 1902 E Sahuaro Blossom Place, Tucson, AZ 85718, sold for $2,100,000 in 2009 (in 2009 I represented the buyers) - and was listed for $2,000,000 in the spring of 2017. But that didn't fly so it was reduced to $1,875,000 then $1,750,000 then $1,675,000 and sold for $1,630,000 last month ($313/sf) - 18% under OLP and not quite 3% under final list. 

9. 4747 N Camino Antonio, Tucson, AZ 85718, was listed for $1,700,000 on May 1st this year - went to contract 8 days later and sold for $1,900,000 ($378/sf) - 12% over list. You never know. 

10. 5090 N Marlin Canyon Place, Tucson, AZ 85750, listed for $1,895,000, it quickly dropped to $1,739,000 and went to contract in 48 days and sold for $1,595,000 ($230/sf) - 16% under OLP and 8% under final.

11. 7743 N Ancient Indian Drive, Tucson, AZ 85718, sold for $1,314,000 in 2014 and was listed for $1,750,000 this February - it went to contract 30 days later and sold for $1,690,000 ($354/sf) -  3.4% under list.

12. 7474 N Cobblestone Road, Tucson, AZ 85718, listed for $2,225,000 in late 2017 and after 457 days on market it dropped to $1,975,000 and about 5 months later it went to contract and sold for $1,825,000 ($245/sf) - 18% under OLP and almost 7% under final. 

13. 2094 E Desert Garden Drive, Tucson, AZ 85718, a snazzy contemporary, listed in Jan 2018 for $2,195,000 and one year later dropped to $1,975,000 - went to contract 30 days after that and closed for $1,860,000 ($323/sf) - 15% under OLP and 6% under final list. 

14. 4718 N Camino Corto, Tucson, AZ 85718, listed in April 2018 for $1,995,000 it went to contract 223 days later and closed for $1,800,000 - almost 10% under list.

15. 3646 E Placita Lindura, Tucson, AZ 85718, a new modern masterpiece in Cat 10 - listed for $1,995,000 went to contract 7 days later and closed for a cool $1,950,000 ($414/sf) - about 2% under list. 

16. 1456 E Canyon Spring Court, Tucson, AZ 85718, a Pima Cyn Mediterranean - listed for $2,350,000 it went to contract less than 30 days later and sold for $2,110,000 ($295/sf) - 10% under list. 

17. 7211 N Secret Canyon Drive, Tucson, AZ 85718, up in the Canyons - listed for $2,500,000 this past January, went to contract in July and sold for $2,100,000 ($364/sf) - 16% under list. 

18. 6262 E Vista Del Canon, Tucson, AZ 85750, a new Mediterranean in Finisterra - listed for $2,500,000 in April 2018 it went to contract in June 2019 and sold for $2,350,000 ($386/sf) - and just 6% under list. 

19. 4615 N Placita Roca Blanca, Tucson, AZ 85718, another Mediterranean in Cat 10 - listed for $2,695,000 in October 2018 it went to contract in July 2019 and sold for $2,550,000 ($314/sf) - 5% under list. 

Click HERE TO See the sold listings for the 19 homes sold this year
(link expires 10/30/2019)

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, 9/16 - 9/22/2019

From Monday September 16th thru Sunday September 22nd - 16 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 10/27/2019)

13 were priced from $340,000 to $579,999
  3 from $800,000 to $925,000

And that's it!

Now that the weather has finally cooled it will be interesting to see where our market goes, up, down, sideways. Who knows. 
Stand by, we'll soon see and we'll be reporting it here. 

Tidbit - from June 1st thru August 31st more homes sold this summer than in any other summer for the last 13 years.
263 homes sold this summer, the last time more sold was when 306 homes sold in 2005. The low was 2008 with 146 sold. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

What'll it be, 85718 or 85750

The Catalina Foothills is divided into two zip codes, 85718 and 85750, with Craycroft Rd. the dividing line between the two.

That's 85718 below, on the west side of Craycroft Rd

And on the east side of Craycroft is 85750

Size-wise the 2 zips are quite similar but there are also quite a few differences. 

Most of the buyers I meet have a preference for one zip or the other. And aside from the homes that are for sale in each zip their preference is often based on the look, feel and geographic and convenience features of the two areas - which are fairly distinct.

85718 is more developed, with more plazas, restaurants, bars, boutiques, shopping and, dare I say, more pizzazz.  And it’s closer to downtown and to the University of Arizona. And if you’re looking for an older adobe home or a Joesler, you are, with very few exceptions, talking about 85718. Because 718 is where John Murphey and Josias Joseler first established the Catalina Foothills Estates, the very first development in the foothills in the 1930’s. 85750 came much later. And though not to everyone’s taste, 718 also has many more gated communities than 750.

But 85750 also has its charms. With its main shopping, restaurant and retail plaza at one location, at Kolb & Sunrise, it’s less developed, less busy with fewer cars on the road and a quieter atmosphere than 718. It also has the fantastic Sabino Canyon in its backyard. 

And beyond that there are also price differences between the two zips, with more higher priced homes in 85718. And, in general, you can get a bit more house for your money in 85750.

The following stats are for single family homes sold from January 1st 2019 thru today September 22, 2019. 

	85750	85718
# of Homes Sold	342	323
DOM  (Days on Market)	27	40
Median Sold Price	$450,000	$548,868
$/sf Sold Price	$179	$201
Total $$ Value of homes Sold	$177,162,564	$205,880,236
Median Sq Footage of Homes Sold	2,568 sf	2808 sf
# of homes sold at various price ranges	85750	85718
$0 - $299,999	33	7
$300,000 - $499,999	172	129
$500,000 - $749,999	91	116
$750,000 - $999,999	35	37
$1,000,000 & UP	11	34

As always, I look forward to your comments, questions and suggestions. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract in Catalina Foothills last week, 9/9 - 9/15/2019

From Monday September 9th thru Sunday September 15th - 13 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 10/20/2019)

8 were priced from $279,000 to $599,900
4 from $730,000 to $995,000
1 at $1,299,000

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, 9/02 - 9/08/2019

From Monday September 2nd thru Sunday September 8th - 19 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 10/14/19)

12 were priced from $379,000 to $569,000
  6 from $625,000 to $849,000
  1 at $1,199,000

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

Single Family Home Sales and Sold Prices in the Catalina Foothills of Tucson, AZ

The following charts show the number single family homes sold and sold prices in the Catalina Foothills of Tucson, AZ during the first 8 months of each year from 2004 thru 2019.
The home sales and sold price numbers are based on sales thru the Tucson Association of Realtors® Multiple Listing Service and represent all the homes sold by all Realtors® in the Catalina Foothills of Tucson, AZ (zips - 85718 & 85750)

First up is the number of single family homes sold for up to $999,999 - with almost 94% of all the homes sold
in the foothills this price range is by far the bulk of the foothills market 

The market up to $999,999 is doing well.


And while the same can't be said for the market at $1,000,000 & UP, and so far this year sales are down, 
there has been some improvement in recent years from the dreadfully low lows of 2009 - 2015.
PS, sales at $1,000,000 & Up are just a tad over 6% of the foothills market. 

And median sold prices, which have risen slowly since hitting bottom in 2012 (at $387,000),
have been holding steady (at $495,000) since last year. 
Yet they are still 11% below where they were in 2006 - $560,000 then / $495,000 now. 

That's it, from where the market was to where it is today. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home