As I’ve mentioned in the past, unlike other Arizona markets, short sales and foreclosures have not been a major factor in the Tucson Foothills.
But the last time I looked was October 8th > short sales and foreclosures still don’t amount to much in the Foothills.
So lets see where they are now;
-288 single family homes have sold in the foothills in the last 6 months
-8 were short sales, 30 were foreclosures, or 13% of total sales.
-there are 465 single family homes for sale - 20 are short sales, 8 are foreclosures, or just 6% of the total.
Since October 8th, the % of short sales and foreclosures that have sold is up 3.4% while the % of short sales and foreclosures for sale is down 2%.
So they still don’t amount to much.
see thefoothillsToday.com
to find your Tucson Foothills home
