Home sales in the Tucson Foothills - January thru April

Here's a look at how sales are doing in the Tucson Foothills for single family homes SOLD through the Tucson Association of Realtors MLS - for the period of
January - April of 2006 vs. January - April of 2007

Price Range	Jan-April 06 # Homes Sold	Jan-April 07 # Homes Sold	+/- %
$500 - $750K	68	67	-1
$750 - 1mil	38	29	-23
$1mil - $1.5mil	33	12	-63
$1.5 - $2.0mil	11	13	+15
$2.0mil & UP	13	3	-76
Total Homes SOLD	163	124	-24
*Avg List Price	$809,313	$716,695	-11
Avg SOLD Price	$775,760	$685,508	-11
Median List Price	$617,750	$550,000	-10
Median SOLD Price	$619,500	$540,000	-13
$$ Value of Homes SOLD	$204,800,690	$144,642,179	-28

*The Avg. & Median List and Sold prices, and the Total $$ Value figures, represent the homes SOLD in ALL price ranges in the Tucson Foothills - not just those from $500K & UP.

Home sales are down big time in the Tucson Foothills from the same period last year, 24% overall. And in a reversal of recent trends, whereas the $1mil + market had been doing better than ever, it's now showing the biggest declines. Keep in mind that during January to April 2006, home sales in the Tucson Foothills in all price ranges were still doing very well, and didn't start sliding until late April to May.