From Monday April 17th thru Sunday April 30th, 51 single family homes went to contract in the Catalina Foothills of Tucson AZ. (link expires 6/1/17)
40 were priced from $245,000 to $575,000
7 from $600,000 to $874,000
4 from $1,070,000 to $1,599,000
With just a 3 month supply of homes for sale homes priced up to $599,999 continue to be in very short supply. The middle of the market, from $600k to $999k is at 7 months inventory, a tad over 6 months, which is considered a normal balanced market. And while homes priced at $1million and Up are still bloated with inventory they continue going to contract at a healthy clip. See the Market Snapshot for a breakdown of contracts, sales and inventory by price range.
The numbers for the previous weeks are HERE
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
