Looking only at recent sales, from 9/15 – 10/21
-sales of single family homes are UP 31% over the same period last year. 76 v. 100 sold this year.
-more homes are selling quicker – last year 19 homes sold in 10 days or less, v. 32 this year
-the total $$ value of the homes sold last year was;
$37,266,334
this year it’s $49,469,659, a 32% increase.
why stop there, let’s see what the market did in 2015 v. this year
- sales are UP 49% this year v. 2015 – 67 v. 100 sold this year.
- in 2015 11 homes sold in 10 days or less v. 32 this year
- in 2015 the total dollar value of homes sold was;
$30,103,144 v. $49,469,659 this year, a 64% increase.
Median sold prices are also up a wee bit;
they’re up nearly 5% since last year
and up 7% since 2015.
When 1/3 of the homes selling are selling in 10 days or less, it’s a sure sign the market is heating up.
Also, of the 102 homes currently in contract, 37 went to contract in 10 days or less.
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
