Here are the latest numbers for single family home sales in the Catalina Foothills for the period of January thru November from 2004 to 2015 – offering a glimpse of the market during the boom, the bust and now, during our prolonged recovery.
Single family homes sales up to $999k are UP 46% from their bottom in 2009 – but still off 26% from their 2004 peak.
To our continued dismay sales at $1,000,000+ are down 18% from what we thought was the bottom in 2009 - and down 74% from their 2006 peak.
Median sold prices are up 12% from their 2012 bottom – but still 25% below their 2006 peak. And that makes it tough going for the many people who bought between 2005 - 2008 and would now like to sell.
They say Good things take time, if so, one of these days we should be in for a lollapalooza of a comeback.
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
