From May 1st to today, June 6th, a notable shift is occurring in the Catalina Foothills market: 105 price cuts have hit the roughly 215 homes currently listed for sale. This isn't a minor adjustment; it's a median reduction of -$50,000, or 5.07% overall.
And they aren't just a few isolated cases. The 105 homes span the entire Foothills market, listed from $380,000 to $7,500,000. They represent virtually every style, size, age, condition and price of Foothills homes, and is another warning sign of a shifting market.
During the same May-June period in 2024 there were 76 price cuts / and 39 in 2023
(It's worth noting some homes may have had multiple price cuts within this period, each cut contributing to the105 total) 105 price cuts. (Link expires 7/06/25)
Catalina Foothills Homes
John Schneider, Realtor® | Tierra Antigua Realty
TheFoothillsToday.com
[email protected] | 520 271- 4164