Let’s start with a classic, the ever popular Shadow Hills. Popular because of it’s excellent foothills location and larger lots with a variety of home sizes and styles and quiet meandering streets where kids and grownups feel safe walking, biking and gathering. And prices that aren’t off the charts. And it’s in District 16.
14 homes for sale at an avg/med list of $557,986/$542,000
3 in contract at $481,000/$499,000
7 sold in last 6 months at $512,429/$439,000
= a heavy load of 12 months inventory – good for buyers, difficult for sellers
And for something a little different, the Villages 2, 4 and 5 at the Villages of La Paloma, also a very popular spot, though newer homes on small lots and usually with a different clientele than Shadow Hills.
7 homes for sale at an avg/median list price of $532,971/$539,000
0 homes in contract
1 sold in the last 6 months at $530,000, which works out to a whopping 42 months of inventory. While last year at this time I wrote about the roaring market in the Villages – 5 sold in last 6 months and just 1 for sale - a complete flip/flop from where it is today. ??? I wish I knew.
Foothills Clusters, sorta like Shadow Hills, but generally smaller homes on smaller lots and lower priced. With a wonderful high-up in the foothills location,
5 for sale at an avg/med list of $331,700/$345,000
7 in contract at $316,329/$309,000
7 sold in last 6 months at $277,243/$260,000
for a perfect 6 months inventory - which is going to quickly drop as the 7 homes in contract sell. This is the market that’s driving the foothills real estate bus. HONK HONK!!
Sin Vacas, guard gated, middle to upper end $$, high in the foothills, views
3 for sale at $636,600/$585,000
2 in contract at $1,022,500/$1,022,500
6 sold in the last 6 at $813,667/$735,000
for a lean 3 months inventory, and a winner at that price range.
Skyline Bel Air, great central foothills location, location …with buyers putting $$ into renovating older homes and sellers who have already done so, selling them - most built in the 60’s and 70’s.
8 for sale at an avg/med list of $497,263/$424,950
4 in contract at $482,000/$427,000
6 sold in the last 6 months at $483,000/$442,500
for a slightly heavy 8 months inventory, but that’ll change as the 4 in contract sell. And look at the avg/med prices of the homes for sale, in contract and sold - a tight grouping of buyers and sellers in accord on prices. And this after a stellar year last year and the year before
Alta Vista, upper middle to upper $$, east foothills location, most homes built in the 90’s to 2000’s, styles run from SW contemporary, Mediterranean to Sante Fe and that pretty much covers it. Popular with families,
9 for sale at an avg/med of $843,444/$679,000
3 in contract at $886,000/$798,000
6 sold in the last 6 at $881,113/$883,839
also a slightly heavy 9 months inventory but, at least, with avg/med prices tightly aligned
Cimarron, lower to upper middle, east foothills location, homes built from the late 70’s into the 90’s
9 for sale at avg/med $715,889/$660,000
3 in contract at, OOOPs!, $336,267/$299,000
10 sold in last 6 months at $486,045/$482,475
so 6 months inventory but with a pretty wide price gap between the homes that are selling and those that remain for sale - making the 6 months inventory figure somewhat illusory,
Fairfield/Sunrise, you name it F/S has it. From 1500sf townhomes to 4000+sf SFR’s. In it’s various guises it’s attractive to empty nesters, snow birds, families and first time buyers. And it covers a lot of ground too, spreading from just west of Kolb Rd west to Craycroft, with homes built from the 70’s – 90’s. Sticking with Single family homes there are;
10 for sale at $520,500/$515,000
5 in contract at $448,600/$430,000
10 sold in the last 6 at $359,565/$347,500
and again, a perfect 6 months inventory but with a large gap between the price of homes selling and those for sale - like two markets
Talk about covering a lot of ground, Ventana CC sure does.
there are 38 homes for sale from $279,000 up to $7,000,000 – avg/med is $1,199,971/$892,000
3 in contract (all in the $400’s) at $453,650/$449,950
15 sold in the last 6 months at an avg/med of $642,267/$490,000
which works out to 15 months inventory, but with buyers strongly favoring lower priced homes.
Pima Canyon, the newest upper-end gated community in the foothills with, of course, the newest homes - homes built from 2000 to 2014. Very popular with 2nd home owners, retirees, and also families with kids.
7 for sale at $1,537,714/$1,395,000
1 in contract at $999,999
3 sold in last 6 at $1,461,500/$1,400,000
= a fat 14 months of inventory at the current rate of sales,
Given PC’s track record of coming out at the top of the heap for high-end home sales I’m going to assume that this is just a temporary setback.
The Catalina Foothills real estate market is comprised of many different smaller markets, and the short list above barely scratches the surface of the many areas and subdivisions that makeup the foothills market. Make sure you know what’s going on in the individual areas where you may be looking to buy a home.
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
