Now that it's behind us, let's have a look at how we did and, just for fun, see how it compares to the summers of 08, 07 and 06
For foothills single family home sales
June 1 through August 31;
2009
-170 homes sold
- 16 sold at $1.0+
-$564,886/$450,000/$190/sf, that’s average/median/$/sf
2008
-146 sold
-17 sold at $1.0+
-$619,282/4527,500/$212/sf
2007
-188 sold
-29 sold at $1.0+
-$644,068/$540,000/$242/sf
2006
-188 sold (yes the exact same as 07, not a typo)
-25 sold at $1.0+
-$640,104/$549,600/$232/sf
So except for the $1.0+ market, which is still in a deep funk, the number of homes sold is comparable to the banner years. But average sold prices are down about 12%, median about -22% and $$/sf -21%. ______________________________________________________
And looking back to the 1st quarter of this year -
-110 sold
-11 sold at $1.0+
-$529,126/$442,500/$184/sf
Overall summer sales are up 54% -- $1.0+ sales are up 45%.
average sold prices have eeked out a 7% gain, median are up a teensy 1.69% and +3.26% for $$/sf.
Though in some cases they may be small, the numbers are going up, not down.
see thefoothillsToday.com
to find your Foothills home