Why do I keep saying that. Because it’s true. And because this year, more homes are selling in that price range than have since 2005,
Sold Jan 1 – March 28th in the Tucson Foothills
2010 – 88 sold @ $163/sf
2009 – 67 sold @ $162/sf
2008 – 70 sold @ $188/sf
2007 – 76 sold @ $203/sf
2006 – 85 sold @ $209/sf
2005 – 163 sold @ $177/sf
While it still has a ways to go, this is a market in real recovery mode. And if sales keep up, if, if, we may also see prices start to inch up.
And PS, just 7 of this years sales are foreclosures. (I can’t accurately tell for past years as the record keeping was flimsy)
see thefoothillsToday.com
to find your Tucson Foothills home