Here's the latest on the number of homes sold in the Tucson Foothills for the period of January thru October 2006 vs the same period in 2005.
Price range |
Jan-Oct |
Jan-Oct |
+/- |
$500,000 - $750,000 |
258 |
190 |
-26% |
$750,000 - $1,000,000 |
117 |
90 |
-23% |
$1,000,000 - $1,500,000 |
54 |
76 |
+40% |
$1,500,000 - $2,000,000 |
12 |
16 |
+33% |
$2,000,000 & UP |
11 |
16 |
+45% |
Total Homes SOLD |
452 |
388 |
-14% |
Average List Price |
$623,840 |
$740,368 |
+18% |
Average SalePrice |
$612,095 |
$710,109 |
+16% |
OK, so overall sales of Foothills homes are down 14% from the frenzy that was last year, not great, but the sky's not falling in this part of Tucson either.
And it's kind of a mixed bag really, with sales of homes priced under $1 million showing substantial declines, while those priced at $1 million + are selling better than ever.
And the average list and average sale price continue to hold their own.
**Please note that these numbers are only for homes in the Tucson Foothills, and only for single family homes SOLD through the Tucson Association of Realtors MLS.
