Median sold prices in the overall foothills market peaked in 2006 at $547,750, and bottomed out in 2012 at $375,000. And now, thru July of this year, they are at $400,000. That’s a drop of 31% from 2006 to 2012 and a little bump of not quite 7% from 2012 to today - for the overall foothills market.
But the foothills market is wide and varied and prices in individual subdivisions have performed differently, often wildly differently, from the overall market. See for yourself, check out the numbers for individual subdivisions below.
The median sold prices are for January – July of each year.
The % reflects the drop in median sold prices from 2006 to 2012 and the change, up or down, from 2012 to 2016. (click any subdivision name to see all the homes currently for sale – continuously updated)
Shadow Hills
2006 – $646,500
2012 – $420,000 (-35%)
2016 – $497,250 (+18%)
Catalina Foothills Estates 1 –9
2006 - $665,000
2012 - $529,250 (-20%)
2016 - $535,000 (+1%)
Catalina Foothills Estates 10
2006 - $1,092,500
2012 - $843,500 (-23%)
2016 - $995,000 (+18%)
Sin Vacas
2006 - $895,000
2012 - $675,000 (- 24%)
2016 - $625,000 (– 7%)
Pima Canyon
2006 - $2,050,000
2012 - $1,075,000 (- 47%)
2016 - $1,327,500 (+ 23%)
Cobblestone
2006 – 0 sales
2012 - $1,004,965 (1 sale)
2016 - $1,087,500 (+8%, on 2 sales?)
La Paloma
2006 - $625,000
2012 - $400,000 (- 36%)
2016 - $610,000 (+52%)
Hacienda del Sol Est
2006 - $1,550,000
2012 - $800,000 (- 48%)
2016 - $895,000 (+12%)
Pinnacle Ridge
2006 - $1,005,000
2012 - $651,000 (- 35%)
2016 - $739,000 (+ 13%)
Skyline CC Estates
2006 - $1,082,500
2012 - $641,000 (- 41%)
2016 - $730,000 (+14%)
Skyline Bel Air
2006 - $597,250
2012 - $350,000 (- 41%)
2016 - $457,500 (+31%)
Cimarron
2006 - $745,000
2012 - $478,000 (-36%)
2016 - $505,000 (+6%)
Fairfield/Sunrise
2006 - $543,750
2012 - $335,000 (- 38%)
2016 - $440,000 (+31%)
Ventana CC
2006 - $1,036,250
2012 - $425,000 (- 59%)
2016 - $605,000 (+42%)
Sabino Mountain
2006 - $914,250
2012 - $268,400 (-70%)
2016 - $353,000 (+ 31%)
Every subdivision took a hit – some much bigger than others – and, incredibly, none are back to where they were, or even close to where they were, 10 years ago. Except for La Paloma???
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
