The following is a summary of homes sales and sold prices for single family homes in the Catalina Foothills from January 1st thru March 10th for last year and this year.
2014 | 2015 | +/- % | |
# homes sold | 118 | 121 | + 2.5% |
average sold price | $489,325 | $467,901 | – 4.4% |
median sold price | $405,000 | $399,000 | – 1.5% |
avg $$/sf sold price | $174 | $165 | – 5% |
CDOM | 92 | 119 | + 29% |
CDOM – cumulative days on market (lower is better)
The # of homes sold is up, barely, from last year, while average/median & $$/sf sold prices are down, and the time needed to sell is up appreciably. Not terribly worse than last year, but not terribly encouraging either, particularly since sales last year were down appreciably from the year before.
And breaking out sales at $1,000,000 or more for the same period we have:
6 sales last year
4 sales this year
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