The Catalina Foothills

the latest numbers, November sales

November sales were strong, 77 single family homes sold in the Catalina Foothills of Tucson, AZ (85718 / 85750)

77 Sold at $720,000 MSP in 7 median DOM

                       V.

November 2020

67 Sold at $585,000 MSP in 4 median DOM

 It is likely there are at least a few sales that have not yet been entered into the MLS for November 2021,  I will check and update the numbers in a few days. 

Take care, stay well

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

in contract last week, 11/15 - 11/21/2021

From Monday November 15th thru Sunday November 21st, 15 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 12/24/2021)

4 were priced from $460,000 to $525,000
8 from $624,950 to $935,000
3 from $1,095,000 to $1,375,000

And that's it. 
Happy Thanksgiving, Enjoy it!

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

in your favorite Catalina Foothills Subdivision, November 2021

Rather than looking at the entire Catalina Foothills real estate market, which is quite diverse, the following snapshot focuses on a variety of popular individual subdivisions across the Catalina Foothills. It includes the key data, the number of homes currently for sale, number in contract and the number sold from Jan 1 to Nov 15 in 2019, 2020 and 2021 along with median sold prices and days on market. Which makes for a more focused comparison of the market in different subdivisions in different areas of the foothills and at different price points. 

Also, Click any highlighted subdivision name to see all the homes currently for sale + those that are Active Contingent (the first stage of a property going to contract) – from the MLSSAZ (Multiple Listing Service of Southern Arizona).
MSP = median sold price / DOM = days on market

The sold numbers include all single family home sales from Jan 1 - Nov 15 of each year noted.

Alta Vista
1 home currently for sale at $1,285,000
2 in contract $989,000 & $997,500

2021 - 15 sold / $856,929 MSP /  5 DOM
2020 - 14 sold / $745,000  MSP / 91 DOM
2019 - 19 sold / $784,500  MSP / 41 DOM

Foothills Clusters
2 homes for sale $575,000 & $645,000
3 in contract $478,000 to $549,000

2021 - 12 sold / $428,500 MSP / 8 DOM
2020 - 10 sold / $420,000 MSP / 4 DOM
2019 - 17 sold / $354,500 MSP / 20 DOM

Skyline Bel Air
2 homes for sale $597,000 & $850,000
0 in contract

2021 - 20 sold / $734,500 MSP / 3 DOM
2020 - 25 sold / $580,000 MSP / 30 DOM
2019 - 22 sold / $525,434 MSP / 60 DOM

Shadow Hills 
1 home for sale at $1,200,000
4 in contract $750,000 to $900,000

2021 - 26 sold / $757,500 MSP /  4 DOM
2020 - 21 sold / $608,000 MSP / 45 DOM
2019 - 23 sold / $582,000 MSP / 19 DOM

Pima Canyon
0 homes for sale
2 in contract $1,349,000 & $1,475,000

2021 - 23 sold / $1,595,000 MSP /  8 DOM
2020 - 16 sold / $1,362,500 MSP / 35 DOM
2019 - 19 sold / $1,250,000 MSP / 121 DOM

Sin Vacas 
1 for sale $765,000
1 in contract $785,000

2021 -  7 sold / $925,000 MSP /  5 DOM
2020 -12 sold / $706,500 MSP / 40 DOM
2019 -10 sold / $682,500 MSP / 190 DOM

Foothills II
0 for sale
0 in contract 

2021 - 6 sold / $956,000 MSP /  8 DOM
2020 - 4 sold / $704,638 MSP /  5 DOM
2019 - 4 sold / $797,000 MSP / 45 DOM

La Paloma 
3 for sale $535,000 to $2,750,000 
5 in contract $525,000 to $795,000

2021 - 59 sold / $625,000 MSP /  6 DOM
2020 - 55 sold / $532,530 MSP / 25 DOM
2019 - 43 sold / $447,800 MSP / 29 DOM

Flecha Caida
4 for sale $650,000 to $1,475,000
3 in contract $500,000 to $1,050,000

2021 - 21 sold / $750,000 MSP /  8 DOM
2020 - 26 sold / $566,050 MSP / 35 DOM
2019 - 19 sold / $475,000 MSP / 26 DOM

Skyline Country Club
4 for sale $800,000 to $1,399,000
2 in contract $1,275,000 & $1,700,000

2021 - 16 sold / $895,500 MSP /   7 DOM
2020 - 26 sold / $785,000 MSP /  37 DOM
2019 - 12 sold / $635,000 MSP / 124 DOM

Coronado Foothills Estates
6 for sale $750,000 to $1,475,000
3 in contract $700,000 to $900,000

2021 - 20 sold / $767,500 MSP / 5 DOM
2020 - 26 sold / $615,000 MSP /12 DOM
2019 - 14 sold / $543,000 MSP / 65 DOM

Cimarron 
2 for sale $749,000 & $1,497,000
4 in contract $675,000 to $874,900

2021 - 18 sold / $841,500 MSP / 4 DOM
2020 - 18 sold / $675,000 MSP / 22 DOM
2019 - 24 sold / $538,500 MSP / 56 DOM 

Catalina Foothills Estates 10 
1 for sale $1,500,000
0 in contract

2021 - 12 sold / $1,299,500 MSP / 12 DOM
2020 - 10 sold / $1,100,000 MSP / 71 DOM
2019 -   6 sold / $874,000    MSP / 13 DOM

 Fairfield
1 for sale $624,950
3 in contract $375,000 to $540,000

2021 - 25 sold / $672,500 MSP / 5 DOM
2020 - 23 sold / $532,500 MSP/ 11 DOM
2019 - 27 sold/ $488,000 MSP / 12 DOM

Sabino Mountain
0 for sale 
3 in contract $460,000 to $1,350,000

2021 - 19 sold / $530,000 MSP /  6 DOM
2020 - 17 sold / $425,000 MSP / 15 DOM
2019 - 19 sold / $370,000 MSP / 19 DOM

Ventana Country Club
0 for sale
3 in contract $895,000 to $1,595,000

2021 - 40 sold / $890,000 MSP / 12 DOM
2020 - 24 sold / $730,000 MSP / 18 DOM
2019 - 24 sold / $644,500 MSP / 39 DOM

  --------------------------------------------------------------------------------------------------------------------------------------------------

In October 2018 I posted a blog similar to this one which, if you're interested, may help provide further perspective on the market as it has evolved over the last few years. Notice in particular, the number of homes that were for sale back then.

That's it for now
Please contact me if you have a question or would like my help navigating the Catalina Foothills real estate market.
Thanks for stopping by

John Schneider /Realtor®
Tierra Antigua Realty
johnschneiders@gmail.com
520 271-4164

Take care, stay well

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

in contract last week, 11/08 - 11/15/2021

From Monday November 8th thru Sunday November 15th, 19 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 12/17/2021)

6 were priced from $375,000 to $575,000
9 from $600,000 to $985,000
4 from $1,050,000 to $2,850,000

... another busy week for contracts across a broad range of prices in the Catalina Foothills of Tucson, AZ (85718 & 85750)

 

Take care, stay well

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

in contract the last 2 weeks, 10/25 thru 11/07/2021

From Monday October 25th thru Sunday November 7th, 33 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 12/10/2021)

11 were priced from $362,500 to $540,000
16 from $600,000 to $997,500
  6 from $1,100,000 to $1,700,000

 ... another active 2 weeks for contracts across a broad range of prices is again a promising start to our upcoming winter-spring season. 

Take care, stay well

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

Catalina Foothills Home Sales Data / January thru October 2021

Hello and welcome

The following charts track the single family home market in the Catalina Foothills of Tucson, AZ and include the number of homes sold, median sold prices (MSP) and days on market (DOM) for the period of January 1st thru October 31st of each year from 2015 to this year, 2021.

All of the data is based on sales thru the MLSSAZ (Multiple Listing Service of Southern Arizona) and represents all the homes sold by all Realtors® in the Catalina Foothills of Tucson, AZ (zips - 85718 & 85750)

First up is a chart showing the number of homes sold for up to $999,999, which comprises 80% of all the homes sold in the Catalina Foothills. It's a market that had been fairly stable until everything changed in Feb-March of 2020.
The  drop in sales of homes sold for under $1Mil is due to the all-time low supply of homes for sale, a predicament that began in Feb-March of 2020 and has worsened this year. The drop in sales is not due to lack of motivated buyers. There are plenty of buyers, there are not nearly enough homes for sale.

today, there just 103 homes for sale
For perspective, in November of previous years there were;
341 for sale Nov 2017
305 in Nov 2018 
268 in Nov 2019 
and by Nov of 2020 we were down to a measly 130 homes for sale, and dropping

For much of this year, during spring & summer, the number of homes for sale hovered in the 60's to 80's range.

 

On the other hand at $1,000,000 & UP sales are Way UP.   How? Why?
A glut of unsold $$Mil+ homes from the 2003 - 2006 $$Mil+ luxury building/selling frenzy that fizzled quickly in 08 and remained fizzled from 2009 to 2017 when fewer than 50 $$Mil+ homes sold each year until 2016 when 53 sold.

This is how it was...


Put that together with an influx of motivated high-end buyers looking for an attractive and less congested and safer place to live and Voila!, sales boomed and continue to boom. So far this year 152 have sold at $$1Mil+

This is how it is

With high demand and short supply homes are selling quickly

Very quickly!

All of which is resulting in higher sold prices, across the board

higher than ever

That's it, a snapshot of YTD sales in the Catalina Foothills Single Family Home market.

For more recent info checkout my postings of ".... In Contract last week ..." which show recent contract activity and checkout the Market Snapshot for breakdown of what's happening in your price range. 

Please contact me if you have a question or would like my help navigating the Catalina Foothills real estate market.
Thanks for stopping by

John Schneider /Realtor®
Tierra Antigua Realty
johnschneiders@gmail.com
520 271-4164

 

Take care, stay well

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

October Market Data for Catalina Foothills

The following  is a snapshot of real estate activity in the Catalina Foothills single family home market for October 2021.

(sold #'s updated 11/5)
62 single family homes sold at $685,000 median sold price in 7 median days on market
Lowest sale price was $380,000 / highest was $1,950,000...
Keep in mind that closed sales are a lagging indicator. Sales that took place in October are the result of deals that were made and the market as it was approximately 20 to 60 days ago - so, in this case, from August thru early October. 

86 new listings in October, listed at $717,500 median list price.
Lowest list price was $360,000 / highest was $4,000,000

83 homes went to contract in October (including 56 of the homes that were just listed in October)
median list price of the 83 in contract is $700,000 and they went to contract in 8 median days on market.

There are just 95 single family homes for sale in the Catalina Foothills (85718 & 85750) and they're priced from $386,000 to $9,995,000 which, as you might imagine, results in a very thin selection of homes in almost all price ranges and makes for a challenging time to be a home buyer.  

Check out the Market Snapshot to quickly see the number of homes for sale, in contract and recently sold in 8 price ranges.

Please contact me if you have a question or would like my help navigating the Catalina Foothills real estate market.
Thanks for stopping by

John Schneider /Realtor®
Tierra Antigua Realty
johnschneiders@gmail.com
520 271-4164

Take care, stay well

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

in contract last week, 10/18 - 10/24/2021

From Monday October 18th thru Sunday October 24th -- 27 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 11/25/21)

 8 were priced from $360,000 to $599,900
11 from $645,000 to $900,000
 8 from $1,100,000 to $3,795,000

WoW! a big week, lots of contracts and so many at big $$$$..
During the same week last year there were 17 contracts with just 1 at 1$mil+
During a similar 2 week period in 2019 there were 33 contracts over 2 weeks with just 2 at 1$mil+.

Even more so than the impressive contract numbers from the previous week this is a very auspicious start to our busy season for home sales in the Catalina Foothills. 

Please contact me if you have a question or would like my help navigating the Catalina Foothills real estate market.
Thanks for stopping by

John Schneider /Realtor®
Tierra Antigua Realty
johnschneiders@gmail.com
520 271-4164

Take care, stay well

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

in contract the last 2 weeks, 10/04 - 10/17/2021

From Monday October 4th thru Sunday October 17th -- 44 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 11/19/21)

20 were priced from $405,000 to $599,995
19 from $625,000 to $975,000
 5 from $1,375,000 to $2,400,000

The beginning of October is typically the soft opening of our busy season for home sales in the Catalina Foothills. The season begins now and builds thru the fall and thru winter into spring. Ending, typically, in late May. 

The number of contracts and the broad range of prices for the recent 2 week period suggests a healthy start to our upcoming in-season.

Though, like so many things that are in short supply these days, in order to satisfy home buyers needs we need more homes listed for sale.

At this moment (10:46am, Oct. 20) there are just 99 single family homes listed for sale from around $400k up to $9million or so - which, as you might imagine, results in a very thin selection of homes in almost all price ranges.

Check out the Market Snapshot for a glimpse of the current Catalina Foothills single family home market, showing how many homes are for sale, in contract and recently sold in 8 price ranges. 

Please contact me if you have a question or would like my help navigating the Catalina Foothills real estate market.
Thanks for stopping by

John Schneider /Realtor®
Tierra Antigua Realty
johnschneiders@gmail.com
520 271-4164

Take care, stay well

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

Catalina Foothills list & sold prices // 10/12/2021

The following are list and sold prices for the 31 single family homes that sold in the Catalina Foothills of Tucson, AZ (85718 & 85750) from September 27 - October 10, 2021 thru the Tucson Association of Realtors® MLSSAZ (Multiple Listing Service of Southern Arizona)

 

Listed	Sold
$400,000	$389,000
$465,000	$450,000
$450,000	$463,000
$450,000	$465,000
$497,300	$470,000
$525,000	$515,000
$550,000	$550,500
$595,000	$590,000
$599,900	$595,000
$569,000	$600,000
$629,000	$610,500
$650,000	$635,000
$675,000	$645,000
$725,000	$670,000
$675,000	$675,000
$659,000	$695,150
$697,000	$695,500
$700,000	$715,000
$725,000	$725,000
$749,000	$739,000
$799,000	$755,000
$789,000	$840,000
$900,000	$915,000
$975,000	$925,000
$991,000	$950,000
$875,000	$964,500
$1,075,000	$1,050,000
$1,100,000	$1,050,000
$985,000	$1,100,000
$1,749,000	$1,690,000
$1,795,000	$1,795,000

 

A noticeable change (drop, that is)  from the last Listed/Sold report (posted 9/17/21) when 15 out of 20 homes (75%) went for list price or more. For this group of 31 homes 12 homes (39%) went for list price or more. 

And an even bigger change from where things were earlier this past summer.

Of course it's still a very strong buyers market, just a little less strong than it was. Also, these sold numbers are based on deals that were made 3 to 6 or more weeks ago. And therefore they are informative of what the market was then. Not necessarily what it is now.

Now what? Does the market continue to soften or will it pick up as we enter our traditionally busy fall, winter and spring market and leave behind our traditionally slower (haha) summer market.  
Stay tuned

Take care, stay well.

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