For single family homes in the Catalina Foothills;
294 homes have been listed or re-listed, priced from $144,900 to $6,500,000
Average/Median list price - $681,509/$509,500
Median list price/sf - $181
For a grand total of 478 single family homes for sale.
108 homes have gone to contract, priced from $154,900 to $1,495,000* – *the only 1 over $1million)
Average/Median list price - $469,236/$399,900
Median list price/sf - $167
76 homes have sold, priced from $204,000 to $1,550,000 – 3 sales over $1million on 2015 contracts.
Average/Median sold price - $476,451/$385,000
Median sold price/sf - $165
What’s encouraging; 108 contracts in 45 days is a very good start to our high season.
What’s not encouraging; the median price of new listings is way higher (like 27% higher) than the price of homes going to contract. Which, of course, indicates that lower priced homes are getting snapped up and upper priced homes are getting listed but not snapped up.
See the Market Snapshot for a breakdown by price range of homes for sale, in contract and sold.
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
