From Monday Jan 18th thru Sunday Jan 31st - 41 single family homes went to contract in the Catalina Foothills of Tucson, AZ (85718 & 85750) (link expires 3/07/2021)
Following is the # of contracts broken down into 3 price ranges;
$1 - $599,999 // $600,000 - $999,999 // $1,000,000 & UP.
17 were priced from $253,500 to $595,000
14 from $625,000 to $920,000
10 from $1,100,000 to $2,250,000
The median DOM (days on market) for this group is 3 days, that's a lightning fast 3 days from listing to sealing the deal with a contract.
Also notable, 41 in contract in the last 2 weeks of January combined with the 46 homes that went to contract in the first 17 days of January is 87 homes to contract in January alone, with an unprecedented 18 of them listed from $1,100,000 to $2,250,000.
87 to contract in January alone against a backdrop of, at this moment, just 80 single family homes listed for sale in the entire Catalina Foothills is the strongest sellers market I have ever seen and, I'm betting, that any of us have ever seen (in the Catalina Foothills).
Check out the Market Snapshot - currently the only price range with a decent supply of homes for sale is $2,000,000 & UP.
see TheFoothillsToday.com
to find your very own Catalina Foothills Home
