The charts provide an overview of the Catalina Foothills single-family home market over the past decade (2015-2024), providing insights that may help us understand current market trends and perhaps better anticipate future possibilities.
The Charts include:
# of Homes Sold (under $1M & over $1M)
Median Sold Prices (MSP)
Median Days on Market (MDOM)
Sales of homes priced under $1mil shrank from a 92% market share in 2015 to 68% in 2024. Strong demand and limited supply propelled many homes that were previously priced below -$1mil into the $1 mil+ price range, and they sold
Resulting in the market share of homes sold at $1m+ increasing from a piddly 7.5% in 2015 to 32% in 2024
All of which drove 2024 yearly Median Sold Prices higher than ever
In 2024 the Foothills saw a healthy 19 median DOM, reflecting a more balanced market with eager buyers and motivated sellers, without the frenetic pace of recent years
Catalina Foothills Homes
John Schneider, Realtor® | Tierra Antigua Realty
TheFoothillsToday.com | TheTucsonFoothills.com
[email protected] | 520 271- 4164
Thanks for stopping by, I'm here to help you make it happen!
____________________________________________________________________________________________________________________
