here's a look at how the Catalina Foothills single family home market has performed from January 1st to April 30th of each year from 2018 to 2022
(DOM = days on market / MSP = median sold price)
| Year | # Homes Sold | # Sold Cash | % Sold Cash | MSP | +/- % MSP v Prior Year |
DOM | # Homes For Sale |
| 2022 | 283 | 119 | 42% | $750,000 | +12% | 5 | +/- 65 |
| 2021 | 332 | 119 | 36% | $669,775 | +24% | 5 | +/- 81 |
| 2020 | 279 | 66 | 24% | $540,000 | +14% | 23 | +/- 226 |
| 2019 | 251 | 79 | 31% | $475,000 | +0.4 | 41 | +/- 322 |
| 2018 | 278 | 89 | 32% | $473,500 | +6% | 34 | +/- 341 |
the 119 cash sales in 2021 & 2022 is correct, not a typo
Big price jumps that took off in 2020 jumped even higher in 2021 and while they're still rising this year they're doing so more moderately - though in any normal market a 12% price jump would be considered exorbitant. And home sales are down 15% this year, why, because the # homes for sale is down lower than ever before and there is just too little to choose from.
So, you're still sitting pretty if you're selling, and it's still a frustrating, tough nut to crack if you're trying to buy.
However, keep in mind that sales are based on deals that were made to 25 to 45 days before the sale closed.
For a snapshot of current activity in the Catalina Foothills Single Family Home Market check out the Market Snapshot
John Schneider /Realtor®
Tierra Antigua Realty
johnschneiders@gmail.com
520 271-4164
Take care, stay well
see TheFoothillsToday.com
to see all the homes for sale in the Catalina Foothills
(and only in the Catalina Foothills)
