Happy 2020!
The following charts track the number of single family homes sold and median sold prices in the Catalina Foothills of Tucson, AZ for each year from 2004 thru 2019.
The home sales and sold price numbers are based on sales thru the Tucson Association of Realtors® Multiple Listing Service and represent all the homes sold by all Realtors® in the Catalina Foothills of Tucson, AZ (zips - 85718 & 85750)
The charts below clearly show that the real estate market that is priced up to about $1,000,000 in the Catalina Foothills is doing well and continues to improve. Sales at over $1,000,000 have also improved but more cautiously and more slowly.
First up is the number of single family homes sold for up to $999,999 - a market that represents 93% of all the homes sold in the Catalina Foothills and a market that has improved in 9 of the last 11 years.
On the other hand, though it has improved incrementally in the last few years, the performance of the $1,000,000+ market pales by comparison.
And Median Sold Prices, they're UP UP UP over every year since 2008
And, perhaps with more to come, Realtor.com predicts that Tucson will be the 3rd Hottest real estate market in the entire USA in 2020.
see TheFoothillsToday.com
to find your very own Catalina Foothills Home