The Catalina Foothills

in contract last week, 9/17 - 9/23/2018

From Monday September 17th thru Sunday September 23rd -  11 single family homes went to contract in the Catalina Foothills of Tucson, AZ (link expires 10/26/2018)

9 were priced from $273,000 to $524,995
2 from $725,000 to $750,000
and that's it!

a quiet week.

there are 269 single family homes for sale in the Catalina Foothills, priced from $264,00 to $12,500,000
see them all at TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

in contract last week, 9/10 - 9/16/2018

From Monday September 9th thru Sunday September 16th -  16  single family homes went to contract in the Catalina Foothills of Tucson, AZ (link expires 10/22/18)

13 were priced from $279,000 to $575,000
  2 from $739,000 to $875,000
  1 at $2,331,000

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

Read all about it

The New York Times profiles Tucson in its popular 36 Hours column;

By Elaine Glusac
September 20, 2018

 36 hours in Tucson

... and don't miss the comments 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

More activity at $1,000,000 & UP

The upper-end market has improved in the last 3 years and this year more homes have sold at $1,000,000+ than in any of the last 9 years. 

So it stands to reason that would-be sellers, sellers who have held off listing their homes for years, are now getting off the fence and listing them. Not quite in droves but almost. Just in the last month, and it was a typical hot Tucson summer month, 17 homes were listed from $1,100,000 to $3,895,000 - an unusually high number of high-priced listings for this time of year. 

 During that same period 6 homes listed from $1,025,000 to $2,331,000 went to contract and 5 homes sold at $1,000,000+  - during what is commonly  regarded as the slowest time of year for the high-end market.  

And with all that activity, listings, contracts and sales, there are just 51 homes for sale at $1,000,000 & UP. Just 51, well yes, relative to other years there are fewer $1,000,000+ homes for sale this year. 

at this time in, 

2017 -  67 for sale

2016 - 71 for sale

2015 - 77 for sale

2013 - 82 for sale

 While the Catalina Foothills high-end market is not yet out of the woods, it appears to finally be headed in the right direction.

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

tidbit; in Pima Canyon, just two sales above $420/sf in the last 10 years

and one of those sales was just the other day at $421/sf - a cash sale for $2,335,240.49 on a new spec home. 
The only other sale above $420 (in last 10 years) was in 2013 at $468/sf. 

However, sales above $420/sf were plentiful in 2006 when 9 homes sold in PC for $420 or more (out of a total of 20 homes sold that year), but then in 2007 just 2 sold and then nothing more until the aforementioned 2013 sale. 

During that time, from Jan 2006 thru today, 153 homes sold in Pima Canyon at a median $$/sf sold price of $286/sf. 

 see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract the last 2 weeks, 8/27 - 9/9/2018

From Monday August 27th thru Sunday September 9th -  29 single family homes went to contract in the Catalina Foothills of Tucson, AZ (link  expires 10/13/2018)

18 were priced from $315,000 to $595,000
 8 from $650,000 to $894,900
 3 from $1,075,000 to $1,325,000 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home