The following charts track single family home sales in the Catalina Foothills for January thru April from 2004 to 2017.
First up, Homes Sold up to $999,999
Sales continue their upward climb, we’re just an iota behind 2004 sales and are now within striking distance of sales at the tippy-top of the Happy Days market of 2005.
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Next, oops!, sales at $1,000,000+
Not such a breezy outlook for sales at $1,000,000+. We’ve lost ground. Thru March of this year sales at $1.0+ were ahead of last year and every prior year (except 2012) back to 2008. Now we’re tied with 2016 and, even, a few sales below where we were in 2010, 2012 and 2013. Glory is fleeting. But it ain’t over til it’s over – there are 14 homes in contract listed from $1,049,000 to $2,175,000, and there are still 8 months to go. So, we’ll see.
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And Median sold prices
Sold prices this year continue to hold their lead over prior years, median sold prices this year are up 10% over last year and 20% above scrapping bottom in 2012. And they are higher than every year since 2008. No small feat.
For what it’s worth,
This may be a little late, no kidding, but I just came across a forecast from Realtor.com for nationwide home sales in 2017. And guess what, Tucson is forecast to be one of the top10 housing markets (in the entire USA) based on price and sales gains in 2017. Little old Tucson
Tucson shares the top honors and limelight with the other top performers;
1. Phoenix-Mesa-Scottsdale, Ariz.; 2. Los Angeles-Long Beach-Anaheim, Calif.; 3. Boston-Cambridge-Newton, Mass.-N.H.; 4. Sacramento–Roseville–Arden-Arcade, Calif.; 5. Riverside-San Bernardino-Ontario, Calif.; 6. Jacksonville, Fla.; 7. Orlando-Kissimmee-Sanford, Fla.; 8. Raleigh, N.C.; 9. Tucson, Ariz.; and 10. Portland-Vancouver-Hillsboro, Ore.-Wash.
Read all about it - Realtor.com® 2017 National Housing Forecast
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