For the last few months I’ve gabbed about and posted data showing that sales and median sold prices are UP appreciably this year over last year and that homes are also selling faster this year. And it’s true, they are, but is it true across the board. Heck no.
Let’s have a look at how sales are doing in some of the more popular subdivisions across the Catalina Foothills. The following figures are for single family homes sold from Jan 1 thru April 30th each year.
Let’s start with,
Shadow Hills
2016;
8 homes sold at a median sold price of $462,500 in 19 median days on market (MDOM)
2017
7 sold at a median sold price of $500,000 in 35 MDOM
Skyline Bel Air
2016
2 sold at $408,500 in 18 MDOM
2017
11 sold at $402,000 in 13 MDOM
Foothills Clusters
2016
3 sold at $269,900 in 5 MDOM
2017
2 sold at $286,500 in 9 MDOM
Pima Canyon
2016
1 sold for $1,751,330 in 13 DOM (my listing)
2017
4 sold at $1,195,000 in 228 MDOM
Cobblestone
2016
1 sold for $1,350,000 in 67 DOM
2017
3 sold at $1,075,000 in 38 MDOM
Sin Vacas
2016
2 sold at $666,660 in 202 MDOM
2017
4 sold at $645,000 in 84 MDOM
La Paloma (including all of its meandering and constituent subdivisions)
2016
14 sold at $624,500 in 44 MDOM
2017
19 sold at $465,000 in 106 MDOM
Catalina Foothills Estates 1-9
2016
20 sold at $525,000 in 25 MDOM
2017
24 sold at $511,000 in 45 MDOM
Catalina Foothills Estates 10
2016
3 sold at $1,000,000 in 62 MDOM
2017
5 sold at $1,040,000 in 63 MDOM
Hacienda del Sol Estates
2016
3 sold at $895,000 in 14 MDOM
2017
nothing sold
Foothills ll
2016
nothing sold
2017
1 sold at $425,000 in 0 DOM
Pinnacle Ridge
2016
2 sold at $677,000 in 15 days
2017
1 sold at $779,000 in 81 DOM
Skyline Country Club
2016
7 sold at $600,000 in 64 MDOM
2017
9 sold at $500,000 in 2 (two) MDOM
earlier in the year I mentioned that fixer uppers were flying off the shelf in Skyline , and here they are.
Coronado Foothills Estates
2016
6 sold at $610,000 in 62 MDOM
2017
10 sold at $530,000 in 24 MDOM
The rise in sales is evident, even from this small sample, but obviously I haven’t yet tapped into the areas where prices are rising. Perhaps it’s all happening east of Swan. We’ll see, I’ll run through the subdivisions in that area in the next day or two.
Preliminary numbers for sales and prices Jan – April 2016 & 2017
2016 – 273 sold at median sold price of $389,900 in 54 MDOM
2017 – 319 sold at median sold price of $430,000 in 38 MDOM
That puts 2017 sales up a tad shy of 17% and median sold prices up 10%. So it's happening somewhere.
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
