I call that homes that are priced from $600,000 to $999,999.
In that range there are;
75 homes for sale @ an average/median list of $785,935/$789,000
20 in contract listed @ $752,081/$727,000
49 sold in last 6 months @ $744,204/$725,000 avg/med sold price
= about 9 months inventory
and more recently, during the last 30 days;
11 listed for sale @ $801,027/$811,500
8 to contract listed @ $727,957/$714,000
6 sold @ $764,167/$752,500
= 12.5 months inventory
The 49 sold in the last 6 months were, at time of sale, listed @ an average $782,802 and sold @ an average $744,204 - 96% of the list price. That’s after price cuts and relistings, etc. Using the original average list price ($810,818) it comes in at just under 92% of list price.
The 6 sold in the last 30 days were, at time of sale, listed @ average $805,250 and sold @
an average $764,167 - just under 95% of list price.Using the original list price ($840,083) it works out to just under 91% of list price.
So the middle of the market is muddling along, doing OK - not nearly as robust as the lower-end market, nor as sluggish as the upper-end.
Similar data for the lower priced end of the market can be found here > a snapshot of the Tucson Foothills home market up to $599,999
And the $$$million+ market here> a snapshot of the Tucson Foothills home market at a million $$ and up
see thefoothillsToday.com
to find your Tucson Foothills home
