Just the other day I wrote > the inventory is growing, slowly < and noted that there were 304 single family homes for sale in the Foothills. And I just ran the same search and it now shows there are 343 for sale. And that seems like a huge jump in just 4 days, too too huge. But that’s what the mls now shows, 343 active listings. So 39 more than the other day. hmmm!
And if I pull up the new listings between then and now there are just 23 new listings,
So 304 + 23 = 327. NOT 343. But there were also 5 homes that were returned to the market, so 304 + 23 + 5 = 332. still NOT 343.
And to make matters worse, mathematically anyway, 13 homes went to contract since then, 332 – 13 = 319. NOT 343.
I hate to admit it, but I don’t understand it and I can’t explain it. Sorry. But there are now 343 single family homes for sale in the Foothills, and here’s how they break down by price range:
$0 – $599,999 - 190
$600,000 – $999,999 - 82
$2,000,000 & UP – 18
-----------------------------------------------------------
= 343
Whatever the explanation, that’s a big jump in inventory. (a month or so ago we were at 280ish) And amongst other things it tells me that, along with a long simmering pent-up desire to sell, many sellers and their agents are now more confident in their ability to sell for an acceptable price. And as I said the other day, with inventory as low as it’s been, buyers in almost all price ranges would like to have more homes to choose from. And now they do.
see thefoothillsToday.com
to find your Tucson Foothills home
