The end of year Market Snapshot numbers support my inkling (mentioned the other day) that the Catalina Foothills market is on the cusp of picking up its pace.
Active Listings are down 13% over end-of-year 2014
The number of Homes in contract is up 28%
Home Sales for the last 30 days are up 52% 37% (I entered 52% in error)
On 12/31/2014 there was a 10 month supply of homes for sale
On 12/31/15 there is a 6 month supply
Today is day 1 of the New Year and day 1 of our high season for home sales here in the foothills. And while anything can happen in the months ahead, right now I see numerous signs of a market that is primed and ready to sell more homes and the potential for a bigger rise in prices than in the recent past.
We’ll soon see.
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
