Median sold prices in the overall Catalina Foothills market peaked in 2006 at $570,000, and bottomed out in 2012 at $380,000 - a 33% drop. And now, thru July of this year, median sold prices are at $495,000 - UP 30% from 2012, but still well below where they were in 2006 - 12 years ago.
But the foothills market is wide and varied and prices in individual subdivisions have performed differently, often wildly different, from the overall market. See for yourself, I've pulled the numbers and done the math for a selection of popular Foothills subdivisions;
The median sold prices are for January – July of each year.
The +/- % reflects the drop in median sold prices from 2006 to 2012 and the change, up or down, from 2012 to 2016. (click any subdivision name to see all the homes currently for sale – continuously updated)
Shadow Hills
2006 – $646,500
2012 – $420,000 (-35%)
2018 – $592,500 (+41%)
Catalina Foothills Estates 1 –9
2006 - $665,000
2012 - 529,250 (-20%)
2018 - $628,750 (+19%)
Catalina Foothills Estates 10
2006 - $1,092,500
2012 - $843,500 (-23%)
2018 - $1,094,500 (+30%)
Sin Vacas
2006 - $895,000
2012 - $675,000(- 24%)
2018 - $650,000 (– 4%)
Pima Canyon
2006 - $2,050,000
2012 - $1,075,000 (- 47%)
2018 - $1,150,000 (+ 7%)
Cobblestone
2006 – 0 sales
2012 - $1,004,965 (1 sale)
2018 - $887,500( -12%)
La Paloma
2006 - $625,000
2012 - $400,000 (- 36%)
2018 - $460,000 (+15%)
Hacienda del Sol Est
2006 - $1,550,000
2012 - $800,000 (- 48%)
2018 - $744,000 (-7%)
Pinnacle Ridge
2006 - $1,005,000
2012 - $651,000 (- 35%)
2018 - $802,500 (+ 23%)
Skyline CC Estates
2006 - $1,082,500
2012 - $641,000 (- 41%)
2016 - $912,500 (+42%)
Skyline Bel Air
2006 - $597,250
2012 - $350,000 (- 41%)
2018 - $481,000 (+31%)
Cimarron
2006 - $745,000
2012 - $478,000 (-36%)
2018 - $510,000 (+7%)
Fairfield/Sunrise
2006 - $543,750
2012 - $335,000 (- 38%)
2018 - $451,750 (+35%)
Ventana CC
2006 - $1,036,250
2012 - $425,000 (- 59%)
2018 - $740,000 (+74%)
Sabino Mountain
2006 - $914,250
2012 - $268,400 (-70%)
2018 - $533,750 (+ 99%)
Every subdivision took a hit – some much bigger than others and, except for Cat 10, none are back to where they were, or even reasonably close to where they were, 12 years ago.
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