From Monday October 2nd thru Sunday October 15th 33 single family homes went to contract in the Catalina Foothills of Tucson AZ. (link expires 11/18/17)
MDOM is Median Days On Market
23 were priced from $219,900 to $585,000 – in 10 MDOM
7 from $600,000 to $899,950 – in 197 MDOM
3 from $1,150,000 to $1,295,000 – in 20 MDOM
197 MDOM, WOW, that's a lot of days on market. But instead of seeing it as a home taking forever to sell, how about seeing it this way;
the market is so Hot that homes that were passed over before are getting a second glance now.
It happens, and I think that is what is happening now. Low supply/high demand and buyers are forced to compromise more than they would like to - and the homes that have been sitting around for months start to look more appealing.
The numbers for the previous week are HERE
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
