From January 1st thru June 30th, our busiest time of year,
464 single family homes sold in the Catalina Foothills
439 sold from $111,000 to $995,000
25 sold from $1,000,000 to $2,800,000
All 464 sold at an average/median sold price of $487,757/$400,000
and they sold in 57 median and 109 average days on market
Contrast that with the same period last year when;
435 single family homes sold
420 sold from $109,000 to $987,000
15 sold from $1,005,000 to $2,400,000
All 435 sold at an average/median sold price of $484,348/$422,000
and they sold in 72 median and 114 average days on market.
Not much in the way of contrast - except for a little bump in sales, most noticeably at $1million+.
Here’s a long term, easy to grasp, graphical view of sales from January – June for the years 2004 – 2016
First up, single family home sales up to $999,999 – the bulk of the market.
A nice recovery, with 2016 ahead of all but 3 years in the last 13.
And sales at $1million+ (now a fraction of the market) are up from last year! and thank goodness,
cause last year was the worst year ever,
And finally, how have sold prices fared over the last 13 years,
Well, they’ve come down a lot and gone back up a little.
And are now (heading down again) lower than 9 of the last 13 years.
see TheFoothillsToday.com
to find your very own Catalina Foothills Home