As noted the other day, home sales for the overall Catalina Foothills market are down 23% this year from last year. And for much of this year the $1,000,000+ market was also lagging 2013 sales.
But no more, it has now caught up. Sales from Jan 1 thru 7/31 are exactly the same as 2013,
25 homes sold each year at $1,000,000+.
Hurrah!, but still a dubious honor. Because 2013 had the lowest number of sales at $1,000,000+ since 2003. Hard to believe, but true. More homes sold at $1,000,000+ in every year from 2004 – 2012, than in 2013.
Here’s a chart showing full year sales 2000 – 2013;
And in the Catalina Foothills alone there are still 78 homes for sale from $1,000,000 to $13,900,000. So a good 2+ years of supply at the current pace.
While another 81 homes listed at $1,000,000+ linger on the market in the surrounding areas of the Northwest, Northeast, Central, Southeast, etc.
Not a pretty picture if you’re trying to sell.
search all the homes for sale in the Catalina Foothills
at TheFoothillsToday.com
