As I’ve mentioned in the past home sales at $1,000,000+ in the Catalina Foothills had been on track to have one of its worst years in years. Sales in 2013 were the slowest since 2003, and until this summer 2014 had been lagging even 13’s puny numbers.
But in June we started to see faint signs of an uptick in contracts, and that continued in July and then really took off in August, the most unlikely month for a surge in upper-end contracts.
12 homes listed from $1,100,000 to $2,500,000 went to contract in August, plus one home that is not listed, and shall remain anonymous until it is, priced at around $1,600,000.
13 contracts in August, compared to 25 homes sold at $1,000,000+ during the first 7 months of the year. A surge.
see TheFoothillsToday.com
to find your Catalina Foothills Home