The Catalina Foothills

in contract last week, 5/4 - 5/10/2020

From Monday May 4th thru Sunday May 10th  -- 20 single family homes went to contract in the Catalina Foothills of Tucson, AZ  
(link expires 6/13/2020)  

11 were priced from $300,000 to $585,000
 9 from $620,000 to $975,000
and that's it.

A pretty good haul considering ...

Take care. Stay well.

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

on the bright side

As reported by Forbes, Moody's Analytics ranks Tucson as one of the 10 US cities positioned to have the best coronavirus recovery. 

Read all about it,

Laura Begley Bloom  Senior Contributor

ForbesWomen

Ranked: The 10 US Cities Best Positioned To Recover From Coronavirus (And The 10 Worst)

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, 4/27 - 5/3/2020

From Monday April 27th thru Sunday May 3rd  -- 19 single family homes went to contract in the Catalina Foothills of Tucson, AZ  
(link expires 6/9/2020)

 
10 were priced from $378,500 to $599,000 
 8 were from $625,000 to $959,000
 1 at $1,200,000

Finally, a break from a 4 week run, that started March 30th, of just 11 contracts each week. So not only was that a big drop in the number of contracts/week, it was also such a coincidence to get exactly 11 contracts each week, for 4 weeks in a row.. 

19 contracts is still on the low side for this time of year but a big improvement from 11. 

Take care, stay well. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

Catalina Foothills Single Family Home Sales from Jan 1 to April 30, 2005 - 2020

The following charts track the number of single family homes sold and median sold prices in the Catalina Foothills of Tucson, AZ for the period of January 1st thru April 30th of each year from 2005 to this year, 2020. 

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 clearly show that the real estate market priced up to about $1,000,000 in the Catalina Foothills was doing quite well. While sales over $1,000,000 have seen some slight improvement they continue to disappoint. 

I say 'was doing well' because the market has slowed considerably, with fewer contracts each week since the middle of March  - which will, increasingly, translate into fewer sales. Most of the sales that took place in this 4 month period are the result of deals that were made before mid March, before the virus really hit home here in Tucson. 

And eventually sold prices are bound to take a hit though it may (and I think it will) be more due to  fewer upper-end discretionary purchases than it is to actual falling home prices. At least at first. 

First up is sales up to $999,999, which represents about 93% of the Catalina Foothills Single Family Home Market.
And it was doing nicely.  

a very different story though, and it has been for years, at $1,000,000+, where the market is the most vulnerable.

and sold prices are up a whopping 14% from the same period last year. 
But thru the end of March they were up a more-whopping 16% over the same
period last year. 

we are just beginning to witness the damage the coronavirus is going to wreak on our real estate market. Where we go from here, I won't even guess, we will have to wait and see. Weekly contracts are where it's at in gauging the current market and predicting what sales will look like in the weeks ahead. 

Take care, stay home, stay well. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week 4/20 - 4/26/2020

From Monday April 20th thru Sunday April 26th -- 11 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 5/31/2020)

4 were priced from $385,000 to $575,000
7 from $606,000 to $929,000
and that's it! nothing with 7 figures. 

About half as many (or less) contracts than is usual for this time of year but at least we're consistent, this is the 4th week in a row with 11 contracts each week. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, 4/13 - 4/19/2020

From Monday April 13th thru Sunday April 19th -- 11 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 5/21/2020)

8 were listed from $285,000 to $564,000
2 at $662,000 & $929,000
1 at $1,099,000

Skimpy, though par for the course for this ugly time we're in ..., but hey, buyers are still buying and many homes are going to contract quickly, median Days On Market for these latest contracts is 15 DOM. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

in contract the last 2 weeks, March 30th - April 12th, 2020

From Monday March 23rd thru Sunday March 29th -- 22 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 5/14/2020)

17 were priced from $313,500 to $590,000
 4 from $695,000 to $995,000
and that's it, bottom heavy and nothing with 7 figures...

 

Now that we are in the thick of it' (it' being coronavirus) contracts for homes in the Catalina Foothills are down by more than 50% from what we normally expect at this time of year. 

Take care, stay home, stay well. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

and now for some good news

Home sales so far this year in the Catalina Foothills have been exceptionally strong. 
Sales are UP, sale prices are UP and days on market are down.

Here's a look at single family home sales for January - March for each of the following years. 

2018 
191 homes sold ---- @$465,000 median sold price ---- in 37 median days on market

2019
184 homes sold --- @$475,000 median sold price --- in 56 median days on market

2020
217 homes sold --- @$550,000 median sold price --- in 29 median days on market

That is an 18% increase in the # of homes sold, a 16% increase in sold prices and a 48% drop in days on market. 
WOW!

Yeah but ...  keep in mind that a typical escrow is between about 25 to 45 days from contract to closing. So most of the deals for the 217 homes sold in this 1st Qtr. were made starting from sometime in December, or maybe even November, of 2019 up until about 30 days ago, so around early March.

And, sadly and unfortunately, things have changed drastically since then and it's a pretty sure bet that 2nd Qtr. sales will not look so rosy. But hopefully by then the virus and it's path of destruction will have been beaten back and life around the world will be returning to a safer and more normal state for everyone. 

Take care, stay home, stay well. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

in contract last week, March 23rd - March 29th, 2020

From Monday March 23rd thru Sunday March 29th -- 17 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 5/2/2020)

6 were priced from $250,000 to $534,000
9 from $600,000 to $785,000
1 each at $1,175,000 & $1,199,000

Not bad, considering ...

Take care, stay well & stay home

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, March 16th - March 22nd, 2020

From Monday March 9th thru Sunday March 15th --- 18 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 4/24/2020)

10 were listed from $300,000 to $575,000
 6  from $615,000 to $975,000
 1  each at $1,100,000 & $1,750,000

A week in the middle of March with contracts for Foothills homes in all price ranges, but also with a noticeable drop in the number of overall contracts from previous weeks - down 25% from the week before last. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, March 9 - March 15, 2020

From Monday March 9th thru Sunday March 15th --- 24 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 4/17/2020)

11 were priced from $399,900 to $599,000
12 from $600,000 to $935,000
 1 at $1,050,000

Very pleased to see that homes in the Catalina Foothills continue going to contract at a good clip.

Take care, stay well. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

Catalina Foothills Single Family Home Sales January 1st thru February 29th, 2020

Usually, at this time of year when we look at the sales numbers for the first couple a months it helps us get a feel for how the next few months, the big spring market months, are going to go. But with the virus numbers now rapidly ramping up as the stock market plunges to new depths we are now in a new and different reality - one that we have not experienced before. Therefore these sales numbers for Jan/Feb may be just that, a snapshot of the way it was in Jan/Feb rather than a window to what homes sales will look like over the next few months. 

In any case, here they are;
single family home sales numbers for January 1st thru February 29th for each of the following years;

2018 
116 homes sold --- @ $487,500 median sold price ---  in 40 median days on market

2019 
97 homes sold --- @ $495,000 median sold price ---  in 71 median days on market

2020
130 homes sold --- @ $550,000 median sold price --- in 31 median days on market
(link expires 4/14/2020)

There you have it, with more homes sold and sold more quickly and for higher prices, 2020 was shaping up to be an exceptional year for home sales in the Catalina Foothills. 

What happens next, I have no idea. We will have to wait and see.

Take care, stay well.

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

in contract last week, March 2 - March 8, 2020

the week the stock market continued to plunge
From Monday March 2nd thru Sunday March 8th --- 25 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 4/08/2020)

14 were priced from $225,000 to $595,000
11  from $615,000 to $994,000  
and that's it, nothing with 7 figures

Still, other than nothing at $1mil+, contracts for the first week of March were robust, seemingly unfazed by the stock market plunge. 

But after today, Dow −2,013.76 (7.79%) to 23,851.02, I expect that a number of discretionary home purchases are going to be put on hold. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract the last 2 weeks, Feb 17 - March 1, 2020

In the interest of trying to get a handle on how the virus and resulting stock market plunge may have affected real estate contract activity here in the foothills let's look at the two weeks separately. 

During the first week, the week before the market plunged, Monday Feb 17 - Sunday Feb 23, 2020 -- 28 single family homes went to contract - (there were 32 in contract but 4 of them fell out, 3 of them during the following week when the market plunged)     (link expires 4/02/2020)

14 were priced from $224,900 to $595,000
12 from $615,000 to $990,000
2 from $1,295,000 to $1,595,000

No doubt, a strong week for contracts. 

                   ---------------------------------------------------------------

During the second week, the week the market plunged, Monday Feb 24 - Sunday March 1, 2020 -- 24 single family homes went to contract - (there was 1 more in contract but it fell out yesterday)    (link expires 4/02/2020)

10 were priced from $383,500 to $595,000
13 from $615,000 to $969,000
 1 at $1,250,000

So, a few less contracts but by no means a wholesale bailing out of the market, not hardly. And with 53 homes going to contract, the last 2 weeks compare favorably with the prior two weeks, Feb 3 - Feb 16, when I noted what a very healthy market it was with 56 homes going to contract. 

However, that's just for now, the foothills markets immediate reaction. One way or another there's more to come. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

in contract the last 2 weeks, Feb 3 - Feb 16, 2020

From Monday February 3rd thru Sunday February 16th --- 56 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 3/21/2020)

31 were priced from $309,900 to $590,000
19 from $620,000 to $949,000
 6 from $1,095,000 to $1,495,000

- a very healthy haul with a wide price range of homes going to contract, and they went quickly too, in just 27 median days on the market

- during the same period last year 33 homes went to contract - that's 41% less than this year

PS; 5 other homes also went to contract in the last 2 weeks but for one reason or another they fell out of contract. And I suspect that one of the reasons they fell out may be that buyers are finding that they have to act quickly, sometimes too quickly, with little or no time to 'sleep on it', if they hope to put a house in contract before someone else beats them to it. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

so far this year ...

... see how this years Catalina Foothills single family home market is outperforming recent years, by a bunch;

Following are the Catalina Foothills top line single family home sales numbers for January 1st thru February 14th for each of the following years;

2018 
68 homes sold --- @ $508,00 median sold price ---  in 48 median days on market

2019 
70 homes sold --- @ $502,500 median sold price ---  in 68 median days on market

2020
89 homes sold --- @ $570,000 median sold price --- in 32 median days on market. (updated 2/19/20 & again on 2/24/20)

So far in 2020 more homes have sold and they sold at much higher prices and in many fewer days on market - than in 2018 & 19.
And 2018 & 19 were not slouchy years either.  However, keep in mind these numbers reflect sales for only 6 weeks - so while they are encouraging we will have to wait and see how the market does in the next couple months. 

 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, 1/27 - 02/02/2020

From Monday January 27th thru Sunday February 2nd --- 19 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 3/10/2020)

14 were priced from $325,000 to $549,900
 5 from $630,000 to $949,000
and that's it! a rare week with no contracts at $$$million+

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

 

in contract last week, Jan 20 - Jan 26, 2020

From Monday January 20th thru Sunday January 26th --- 28 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 2/29/2020)

19 are priced from $349,000 to $599,000
  7 from $629,000 to $975,000 
  2  at $1,065,000 & $1,500,000

A bountiful catch and further evidence the Catalina Foothills real estate market is hot. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract from Jan 1, 2020 - Jan 19, 2020

From Wednesday January 1st thru Sunday January 19th ---- 57 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 2/19/2020)

29 were priced from $230,000 to $599,000
21 from $625,000 to $950,000
 7 from $1,100,000 to $2,650,000 

This is a very healthy start to the 2020 market year, very. Usually it's kinda quiet at this time of year - with buyers taking their time, moseying around doing more tire kicking than actual buying. But this year there's an urgency to buy that I have not seen since the glory days of 2004 - 2005 - 22 of the homes that went to contract, including a couple at $1,000,000+, went  in 10 days or less, and 21 of them in 6 days or less, and 7 went to contract in 1 ONE day or less - and the 7 weren't all low priced homes, they were  listed at $725k, $950k, $950k, $665k, $595k, $599k and $1,695,000. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

Yearly Catalina Foothills Home Sales and Sold Prices / 2004 thru 2019

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

in contract the last 2 weeks, 12/09 - 12/22/2019

From Monday December 9th thru Sunday December 22nd ---- 33 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 1/27/2020)

23 were priced from $245,000 to $590,000
 5 from $649,900 to $995,000
 5 from $1,049,000 to $1,500,000

Wow! what a haul for the 2 weeks before Christmas..

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

in contract the last 2 weeks, 11/25 - 12/08/2019

From Monday November 25th thru Sunday December 8th - 22 single family homes went to contract  in the Catalina Foothills of Tucson, AZ  (link expires 1/14/2020)

10 were priced from $275,000 to $599,000
  8 from $639,000 to $949,900
  4 from $1,189,000 to $1,350,000

Even at this time of year the market is not missing a beat. 
 
On that note, you may have heard that Realtor.com predicts that Tucson will be # 3 in the Top 10 Hottest markets in the USA in 2020. No kidding, imagine, Tucson # 3 in the Top 10 Hottest real estate markets in the entire USA. Wow!

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

so far this year, thru November 2019

Here's a quick broad strokes rundown of the Catalina Foothills single family home market for the period of January 1st  thru November 30th for this year and last year. 

>806 single family homes sold this year (774 sold same period last year, eh)

>$495,000 is the median sold price so far this year  (by this time last year it had dropped from $495,000 to       $485,000)

>this year homes sold in 32 median days on market  (vs. 37 median days last year)

>so far this year 53 homes sold at $1,000,000+ ( while 58 sold during same period last year)

>So far, except for 2017 when 833 homes sold, more homes sold this year than in any other year since 2005, when 941 sold during the same period.

So no surprises no big changes, a steady, sturdy market. 

For a closer look at the market in your price range check out the expanded Market Snapshot  now broken down into 8 price ranges. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, 11/18 - 11/24/2019

From Monday November 18th thru Sunday November 24th - 18 single family homes went to contract  in the Catalina Foothills of Tucson, AZ  (link expires 12/30/2019)

 
12 were priced from $299,450 to $599,000
 5 were $625,000 to $899,900
 1 at $1,950,000

And that's it! but still pretty darn good for the week before Thanksgiving.

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract the last 2 weeks, 11/4 - 11/17/2019

From Monday November 4th thru Sunday November 17th - 29 single family homes went to contract  in the Catalina Foothills of Tucson, AZ  (link expires 12/19/2019)

18 were priced from $275,000 to $579,900
  7 from $625,000 to $975,000
  4 from $1,049,000 to $1,995,000

Not bad for November, particularly at $1,000,000+ where there are now 11 homes in contract priced from $1,049,000 to $1,995,000, 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract the last 2 weeks, 10/21 - 11/03/2019

From Monday October 21st thru Sunday November 3rd - 33 single family homes went to contract  in the Catalina Foothills of Tucson, AZ  (link expires 12/11/2019)

22 were priced from $182,500 to $579,000 
  9 from $615,000 to $995,000
  2 at $1,469,000 & $1,595,000

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

Catalina Foothills Home Sales and Sold Prices this year, 2019

Happy November!

The following charts track the number of single family homes sold and median sold prices in the Catalina Foothills of Tucson, AZ from January thru October of 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 are pretty clear, other than the tiny segment of the market that is priced at $1,000,000 and UP, the real estate market in the Catalina Foothills is doing well and continues to improve.

First up is the number of single family homes sold for up to $999,999 - with 93% of all the homes sold
this price range is the Catalina Foothills market. 

 

 though it has improved somewhat in the last few years, with just 51 sales at $1,000,000 & UP, it is lonely at the top

Median Sold prices recently inched up to $497,900 from $495,000, where they'd been all year

There you have it, no surprises, the market is doing nicely and improving slowly and steadily.  

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, 10/14 - 10/20/2019

From Monday October 14th thru Sunday October 20th - 18 single family homes went to contract  in the Catalina Foothills of Tucson, AZ  (link expires 11/27/2019)

14 were priced from $275,000 to $580,000
 2 at $750,000 & $899,900
 2 at $1,095,000 & $1,500,000

Tidbit, So far this year;
496 homes sold from - $0 to $599,999  V. 474 same period last year
189 sold from - $600,000 to $999,999    V. 176 last year
 50 sold from - $1,000,000 & up              V.   53 last year
A very stable market these last couple of years. 

And, the median sold price for all 735 sold this year is $495,000, exactly the same as it was last year. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, 10/7 - 10/13/2019

From Monday October 7th thru Sunday October 13th - 15 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 11/19/2019)

9 were priced from $329,900 to $595,000
4 from $649,900 to $725,000
2 at $1,095,000  & $1,100,000

Tidbit - so far this year 49 homes sold at $1,000,000 & UP and they did so in 90 median days on market (MDOM).
YTD last year 53 sold in 144 MDOM
2017 - 40 sold in 128 MDOM
etc.,etc.

As a matter of fact, except for 2016 when 40 homes sold in just 74 MDOM, 2018 has the distinction of the 2nd quickest sales at $1,000,000 & UP going all the way back to 2006 (when YTD 102 sold but it took 162 MDOM to do it).

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, 9/30 - 10/06/2019

From Monday September 30th thru Sunday October 6th - 14 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 11/14/2019)

6 were priced from $310,000 to $560,000
7 from $619,000 to $900,000
1 at $1,500,000

Checkout the house listed for $310,000, a good example of ... price it right and you can sell anything.

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in your favorite Catalina Foothills subdivision, October 2019

The following is a snapshot of the single family home market in a variety of popular subdivisions across the Catalina Foothills of Tucson, AZ. The sold activity represents sales from Jan 1 - Oct 13, 2019. 

If you would like to see and perhaps compare last years numbers to this years CLICK HERE TO SEE the same report on the same subdivisions that I did last year at this time.

Also, Click any highlighted subdivision name to see all the homes that are currently for sale – all searches are continuously updated with new listings and show all the single family homes for sale in that subdivision of the Catalina Foothills - zips 85718 & 85750. 

Alta Vista

7 homes for sale  from $500 to $1,375,000
median list price $775,000

1 home in contract at $995,000

18 homes sold from $550,000 to $1,030,000
median sold price $782,250
With less than a 4 month supply of homes for sale AV is a sellers market.

 

Foothills Clusters

3 homes for sale from $349,000 to $385,000
median list price $359,900

3 in contract from $359,900 to $379,000

15 sold from $312,000 to $484,000
median sold price $352,000
With homes flying off the shelf (the 15 homes sold in 16 median days on market) and just 3 for sale Foothills Clusters is a strong sellers market. 

 

Skyline Bel Air

8 homes for sale in SBA from $395,000 to $799,000
median list price $497,500

3 in contract from $390,000 to $689,990

18 homes sold this year - from $385,000 to $667,500
median sold price $525,434
With 8 for sale and 18 sold SBA is sitting on less than a 4 month supply of homes, a sellers market.  Also - during the same period in 2017  28 homes sold at a median sold price of $422,000 - and during the same period in 2018 23 homes sold at median sold price of $480,000. So, fewer homes sold this year but they did so at appreciably higher sold prices - 24% higher than 2017 and 9% higher than last year. 

 

Shadow Hills 

5 homes for sale from $615,000 to $785,000
median list price $678,500

1 in contract at  $560,000

a whopping 22 sold from $380,000 to $975,000
median sold price $588,500

5 for sale and 22 sold works out to approximately a skimpy 2 month supply of homes in one of the most popular subdivisions in the Catalina Foothills. 

 

Pima Canyon

10 homes for sale from $849,000 to $4,200,000
median list price $1,747,500

1 in contract at $1,095,000

19 sold from $850,000 to $2,110,000
median sold price $1,250,000
10 for sale and 19 sold in (nearly) 10 months = a 5 month supply of homes for sale.
*Tidbit - the 19 homes sold so far this year is a record for PC - the next highest was 16 homes sold in 2006 during the same time period, Jan 1 - Oct 13, 2006. 

 

Sin Vacas (not including Villa Milano)

10 for sale from $585,000 to $1,200,000
median list price $725,000

1 in contract at $400,000

7 sold from $613,000 to $1,062,500
median sold price $735,000
10 for sale, 7 sold = a 13 month supply of homes =  a buyers market

 

La Paloma 

9 homes for sale from $325,000 to $1,150,000
median list price $595,900

4 in contract from $390,000 to $799,000

and, the envelope please
38 homes sold so far this year (same # sold as last year) from $272,500 to $1,525,000
median sold price $434,000
9 for sale, 38 sold = a tad more than a 2 month supply of homes for sale - a sellers market, + 4 in contract.

 

Flecha Caida

12 homes for sale from $390,000 to $899,000
median list price $613,250

no homes in contract 

18 homes sold from $243,100 to $810,000 
median sold price $475,000
with a perfect 6 month supply of homes for sale Flecha is at this time a balanced market. 

Skyline Country Club

16 homes for sale from $675,000 to $3,695,000
median list price $1,047,000

3 homes in contract from $699,000 to $1,500,000

12 homes sold from $418,000 to $1,450,000
median sold price $635,000
with 16 for sale and 12 sold in just under 10 months Skyline CC is sitting on a 12 month supply of homes

 

 Catalina Foothills Estates 10 

7 homes for sale from $995,000 to $2,000,000
median list price $1,189,000

none in contract

9 sold from $654,000 to $2,550,000
median sold price $1,022,500
approximately a 7 month supply of homes in Cat 10, which is nearly a balanced market... 

 

 Fairfield 

9 homes for sale from $269,500 to $1,100,000 (an unusually large spread for Fairfield)
median list price $505,000

3 homes in contract from $435,000 to $530,000

24 sold so far this year (exactly the same # of sales as last year) from $315,500 to $659,200
median sold price $497,000 (at this time last year median sold was $437,000)
With 9 for sale & 24 sold Fairfield is sitting on a lean 3.5 month supply of homes for sale - a sellers market. And the 24 that sold sold fast - in 14 median days on market. 

 

Sabino Mountain

nothing for sale 

4 in contract from $350,000 to $885,000 

15 sold from $295,000 to $875,000
median sold price $365,000
last year at this time just 7 homes had sold on Sabino Mountain

 

Ventana Country Club

12 homes for sale from $549,900 to $1,950,000
median list price $734,000

nothing in contract 

24 sold from $405,000 to $1,500,000
median sold price $644,500
Another banner year for home sales in Ventana - currently, with just under a 5 month supply of homes for sale. 

CLICK HERE TO SEE the same report from this time last year 

 And that's it, thanks for stopping by. 
I hope it was informative and helpful.
Contact me if you have any questions or if you would like to purchase a home in the Catalina Foothills. 

 
see all the homes for sale in the Catalina Foothills
at TheFoothillsToday.com

so far this year

Here's a quick broad strokes rundown of the Catalina Foothills single family home market for the period of January 1st  thru September 30th for this year and last year. 

693 single family homes sold this year (653 sold same period 2018)

$495,000 median sold price this year  (and it hasn't budged, it was $495,000 last year too)

this year homes sold in 34 median days on market  (vs. 38 median days last year)

so far this year 47 homes sold at $1,000,000+ ( 51 sold during same period last year)

More homes sold so far this year than any other year going back to 2005, when 828 sold during the same period. 

For a closer look at the market in your price range check out the Market Snapshot 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

in contract last week, 9/23 - 9/29/2019

From Monday September 23rd thru Sunday September 29th - 13 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 11/05/2019)

11 were priced from $349,900 to $515,000
 1 at $995,000
 1 at $1,100,000
 And that's it!

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

gee, what a difference 10 years makes

In September 2010,  I posted a piece titled  if you’re a high-end buyer, time is on your side. 

A piece that went on to note that "prices for high-end homes are down about 30% from where they were  .....  And because there is a big supply and a small demand, prices are going down every day etc.blahblah At the same time, foreclosures and short sales are going up every day".  And so on, along those lines ....

Then I listed the 14 homes that had been for sale in 2010 at $1.5mil or more and that sold that year up until late September. 
A sad story of ravaged dreams and homes selling for around 30% to 60% below their original list price after, in many cases, eons on the market and, in many cases, umpteen price cuts. A tale of woe with heaps more woe to come for the then high-end home market. If you are interested in the gory details Read all about it HERE.  

And then compare it to sales of the 19 homes listed for $1.5mil or more and sold so far this year in the Catalina Foothills -  not quite a walk in the park but definitely a more positive market than 10 years ago.

1.  6632 N Los Leones Drive, Tucson, AZ 85718, a contemporary resulting from a top to bottom rebuild of an older home in Skyline CC, was listed for $1,500,000 - went to contract 11 days later and sold for $1,450,000 ($437/sf) 3.3% under list price - and the highest $/sf sold price of any home sold in Skyline CC in maybe forever, though I only checked back to 1990.

2. 8451 E Cloud Road, Tucson, AZ 85750, a mammoth home, 6,939 sq ft, on a mammoth lot, 18.57 acres, was first listed in 2011 for $3,977,000 and was on and off the market for the next 8 years until this year when it was listed for $1,500,000 and sold for $1,475,000 from that much reduced list price -  63% under Original List Price, OLP, 1.6% under final list price.

3. 3163 E Vía Palomita, Tucson, AZ 85718, was listed for $1,549,000 - went to contract on its first day listed and sold for $1,525,000 - 1.5% under list. 

4. 7203 E Stone Canyon Drive, Tucson, AZ 85750, Ouch! after selling for $2,100,000 in 2010 it was listed for $2,250,000 in 2017 and after eventually dropping to $1,750,000 it sold for $1,453,000 this year - 35% under OLP and 17% under final list price. 

5. 1734 E Sanctuary Cove Way, Tucson, AZ 85718, was first listed in 2014 for $3,250,000 and was on and off the market with many price cuts since then until dropping to $1,575,000 this year whereupon it sold for $1,512,000 - 53% under OLP and 4% under final list. 

6. 7767 N Ancient Indian Drive, Tucson, AZ 85718, Ouch! again. after selling for $2,150,000 in 2006 it was listed for $1,795,000 in late 2017 and after almost a year on the market it dropped to $1,595,000 - went to contract 5 days later and sold for $1,550,000 in Feb of this year - 28% under original list and almost 3% under final list.

7. 2167 E Desert Garden Drive, Tucson, AZ 85718, listed for $1,935,000 in Jan 2018 and within 4 months dropped to $1,835,000 then $1,670,000  then $1,599,000 and sat there for 9 months before selling for $1,480,000 ($317/sf) - 24% under OLP and a more reasonable 7% under final list. 

8. 1902 E Sahuaro Blossom Place, Tucson, AZ 85718, sold for $2,100,000 in 2009 (in 2009 I represented the buyers) - and was listed for $2,000,000 in the spring of 2017. But that didn't fly so it was reduced to $1,875,000 then $1,750,000 then $1,675,000 and sold for $1,630,000 last month ($313/sf) - 18% under OLP and not quite 3% under final list. 

9. 4747 N Camino Antonio, Tucson, AZ 85718, was listed for $1,700,000 on May 1st this year - went to contract 8 days later and sold for $1,900,000 ($378/sf) - 12% over list. You never know. 

10. 5090 N Marlin Canyon Place, Tucson, AZ 85750, listed for $1,895,000, it quickly dropped to $1,739,000 and went to contract in 48 days and sold for $1,595,000 ($230/sf) - 16% under OLP and 8% under final.

11. 7743 N Ancient Indian Drive, Tucson, AZ 85718, sold for $1,314,000 in 2014 and was listed for $1,750,000 this February - it went to contract 30 days later and sold for $1,690,000 ($354/sf) -  3.4% under list.

12. 7474 N Cobblestone Road, Tucson, AZ 85718, listed for $2,225,000 in late 2017 and after 457 days on market it dropped to $1,975,000 and about 5 months later it went to contract and sold for $1,825,000 ($245/sf) - 18% under OLP and almost 7% under final. 

13. 2094 E Desert Garden Drive, Tucson, AZ 85718, a snazzy contemporary, listed in Jan 2018 for $2,195,000 and one year later dropped to $1,975,000 - went to contract 30 days after that and closed for $1,860,000 ($323/sf) - 15% under OLP and 6% under final list. 

14. 4718 N Camino Corto, Tucson, AZ 85718, listed in April 2018 for $1,995,000 it went to contract 223 days later and closed for $1,800,000 - almost 10% under list.

15. 3646 E Placita Lindura, Tucson, AZ 85718, a new modern masterpiece in Cat 10 - listed for $1,995,000 went to contract 7 days later and closed for a cool $1,950,000 ($414/sf) - about 2% under list. 

16. 1456 E Canyon Spring Court, Tucson, AZ 85718, a Pima Cyn Mediterranean - listed for $2,350,000 it went to contract less than 30 days later and sold for $2,110,000 ($295/sf) - 10% under list. 

17. 7211 N Secret Canyon Drive, Tucson, AZ 85718, up in the Canyons - listed for $2,500,000 this past January, went to contract in July and sold for $2,100,000 ($364/sf) - 16% under list. 

18. 6262 E Vista Del Canon, Tucson, AZ 85750, a new Mediterranean in Finisterra - listed for $2,500,000 in April 2018 it went to contract in June 2019 and sold for $2,350,000 ($386/sf) - and just 6% under list. 

19. 4615 N Placita Roca Blanca, Tucson, AZ 85718, another Mediterranean in Cat 10 - listed for $2,695,000 in October 2018 it went to contract in July 2019 and sold for $2,550,000 ($314/sf) - 5% under list. 

Click HERE TO See the sold listings for the 19 homes sold this year
(link expires 10/30/2019)

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, 9/16 - 9/22/2019

From Monday September 16th thru Sunday September 22nd - 16 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 10/27/2019)

13 were priced from $340,000 to $579,999
  3 from $800,000 to $925,000

And that's it!

Now that the weather has finally cooled it will be interesting to see where our market goes, up, down, sideways. Who knows. 
Stand by, we'll soon see and we'll be reporting it here. 

Tidbit - from June 1st thru August 31st more homes sold this summer than in any other summer for the last 13 years.
263 homes sold this summer, the last time more sold was when 306 homes sold in 2005. The low was 2008 with 146 sold. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

What'll it be, 85718 or 85750

The Catalina Foothills is divided into two zip codes, 85718 and 85750, with Craycroft Rd. the dividing line between the two.

That's 85718 below, on the west side of Craycroft Rd

And on the east side of Craycroft is 85750

Size-wise the 2 zips are quite similar but there are also quite a few differences. 

Most of the buyers I meet have a preference for one zip or the other. And aside from the homes that are for sale in each zip their preference is often based on the look, feel and geographic and convenience features of the two areas - which are fairly distinct.

85718 is more developed, with more plazas, restaurants, bars, boutiques, shopping and, dare I say, more pizzazz.  And it’s closer to downtown and to the University of Arizona. And if you’re looking for an older adobe home or a Joesler, you are, with very few exceptions, talking about 85718. Because 718 is where John Murphey and Josias Joseler first established the Catalina Foothills Estates, the very first development in the foothills in the 1930’s. 85750 came much later. And though not to everyone’s taste, 718 also has many more gated communities than 750.

But 85750 also has its charms. With its main shopping, restaurant and retail plaza at one location, at Kolb & Sunrise, it’s less developed, less busy with fewer cars on the road and a quieter atmosphere than 718. It also has the fantastic Sabino Canyon in its backyard. 

And beyond that there are also price differences between the two zips, with more higher priced homes in 85718. And, in general, you can get a bit more house for your money in 85750.

The following stats are for single family homes sold from January 1st 2019 thru today September 22, 2019. 

	85750	85718
# of Homes Sold	342	323
DOM  (Days on Market)	27	40
Median Sold Price	$450,000	$548,868
$/sf Sold Price	$179	$201
Total $$ Value of homes Sold	$177,162,564	$205,880,236
Median Sq Footage of Homes Sold	2,568 sf	2808 sf
# of homes sold at various price ranges	85750	85718
$0 - $299,999	33	7
$300,000 - $499,999	172	129
$500,000 - $749,999	91	116
$750,000 - $999,999	35	37
$1,000,000 & UP	11	34

As always, I look forward to your comments, questions and suggestions. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract in Catalina Foothills last week, 9/9 - 9/15/2019

From Monday September 9th thru Sunday September 15th - 13 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 10/20/2019)

8 were priced from $279,000 to $599,900
4 from $730,000 to $995,000
1 at $1,299,000

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, 9/02 - 9/08/2019

From Monday September 2nd thru Sunday September 8th - 19 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 10/14/19)

12 were priced from $379,000 to $569,000
  6 from $625,000 to $849,000
  1 at $1,199,000

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

Single Family Home Sales and Sold Prices in the Catalina Foothills of Tucson, AZ

The following charts show the number single family homes sold and sold prices in the Catalina Foothills of Tucson, AZ during the first 8 months of 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)

First up is the number of single family homes sold for up to $999,999 - with almost 94% of all the homes sold
in the foothills this price range is by far the bulk of the foothills market 

The market up to $999,999 is doing well.


And while the same can't be said for the market at $1,000,000 & UP, and so far this year sales are down, 
there has been some improvement in recent years from the dreadfully low lows of 2009 - 2015.
PS, sales at $1,000,000 & Up are just a tad over 6% of the foothills market. 

And median sold prices, which have risen slowly since hitting bottom in 2012 (at $387,000),
have been holding steady (at $495,000) since last year. 
Yet they are still 11% below where they were in 2006 - $560,000 then / $495,000 now. 

That's it, from where the market was to where it is today. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract the last 2 weeks, 8/19 - 9/01/2019

From Monday August 19th thru Sunday September 1st - 32 single family homes went to contract in the Catalina Foothills of Tucson, AZ  (link expires 10/4/2019)

23 were priced from $280,000 to $595,000
 8 from $620,000 to $999,900
 1 at $1,549,000

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

 

13 years later and we’re still not there yet

Overall, median sold prices in the Catalina Foothills market peaked in 2006 at $570,000 and bottomed out in 2012 at $380,000 - a 33% drop.  And now, thru July of 2019, median sold prices are at $495,000 - UP 30% from 2012, but still 13% below where they were 13 years ago. 

But the foothills market is large and varied and prices in individual subdivisions perform differently, often wildly different, from the overall market. See for yourself, I've pulled the numbers for a selection of popular  Foothills subdivisions; 

As shown below, the median sold prices are for January – July of each year. 
The +/- % reflects the drop in median sold prices from 2006 to 2012 and the change, up or down, from 2012 to 2019. (click any subdivision name to see all the homes currently for sale – continuously updated)

Shadow Hills 
2006 – $646,500 
2012 – $420,000 (-35%) 
2019 – $530,000 (+26%)

Catalina Foothills Estates 1 –9 
2006 - $665,000 
2012 - 529,250 (-20%) 
2019 - $630,000 (+19%)

Catalina Foothills Estates 10 
2006 - $1,092,500
2012 - $843,500 (-23%)
2019 - $956,250 (+13%)

Sin Vacas 
2006 - $895,000 
2012 - $675,000(- 24%) 
2019 - $727,500 (+8%)

Pima Canyon 
2006 -  $2,050,000 
2012 - $1,075,000 (- 47%) 
2019 - $1,250,883 (+16%)

Cobblestone 
2006 – 0 sales 
2012 - $1,004,965 (1 sale) 
2019 - $896,250 ( -11%)

La Paloma 
2006 - $625,000 
2012 - $400,000 (- 36%) 
2019 - $425,000 (+6%)

Hacienda del Sol Est 
2006 - $1,550,000  
2012 - $800,000 (- 48%) 
2019 - $850,000 (+6%) - 1 sale

Pinnacle Ridge 
2006 - $1,005,000  
2012 - $651,000 (- 35%) 
2019 - $710,000 (+ 9%)

Skyline CC Estates 
2006 - $1,082,500 
2012 - $641,000 (- 41%) 
2019 - $625,000 (-2.5%)

Skyline Bel Air 
2006 - $597,250 
2012 - $350,000 (- 41%) 
2019 - $548,868 (+57%)

Cimarron 
2006 - $745,000 
2012 - $478,000 (-36%) 
2019 - $567,000 (+18%)

Fairfield/Sunrise 
2006 - $543,750 
2012 - $335,000 (- 38%) 
2019 - $497,500 (+48%)

Ventana CC 
2006 - $1,036,250 
2012 - $425,000 (- 59%) 
2019 - $665,000 (+56%)

Sabino Mountain 
2006 - $914,250 
2012 - $268,400 (-70%) 
2018 - $403,750 (+ 50%)

Every subdivision took a hit – some bigger than others. And though prices in a few are getting pretty close to where they were in 2006, it's just a few that are. And while overall foothills median sold prices have improved fairly steadily over the last 5 or 6 years, sold prices in individual subdivisions are more erratic, particularly subdivisions with a wide range of home values (like Ventana or Skyline CC).

CLICK HERE to see median sold prices for the same subdivisions from Jan - July 2018. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract the last 2 weeks, 8/5 - 8/18/2019

From Monday August 5th thru Sunday August 18th - 41 single family homes went to contract in the Catalina Foothills of Tucson, AZ 
(link expires 9/25/2019)

28 were priced from $251,000 to $599,000
10 were priced from $625,000 to $999,900
  3 from $1,220,000 to $1,400,000

41 contracts at the low, middle and upper-end of the market during 2 very hot and still very dry weeks in August - usually the slowest month of the year. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

last July v. this July

the following is a snapshot of the July market for single family homes in the Catalina Foothills of Tucson Arizona

Criteria	July 2018	July 2019
# of homes sold at all prices	57	89
median sold price	$525,000	$497,900
median $$/sf sold price	$188	$191
days on market	77	59
$$ value of homes sold	$35,558,250	$51,150,078
# of homes sold at $1,000,000 & UP	8	4
most popular price range	$300k to $399k - 12 homes sold	$300k to $399k - 26 homes sold
least popular price range	2 each at $700 to $799k & $800 to $899k	1 home sold at $0 to $299k

56% more homes sold this July than last July and they sold in 30% fewer days on the market but they sold for 5% less than they did last July , bearing a nearly 44% increase in $$ value of homes sold this July. And this July the market for home sales at $1,000,000 & UP is down a mighty 50% from last July. 

More telling and important than just one months data, the market so far this year (Jan thru July) is doing very nicely;
single family home sales are up 5% from last year - 541 v. 515 - and the median sold price, which was $495,000 last year, is holding steady at $495,000 this year. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, July 29th - August 4th 2019

From Monday July 29th thru Sunday August 4th - 19 single family homes went to contract in the Catalina Foothills of Tucson, AZ 
(link expires 9/11/2019)

16 were priced from $260,000 to $554,900
 3 from $660,000 to $945,000
  and that's it

A pretty typical HOT DRY summer week with a fair amount of activity in the Catalina Foothills single family home market. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, July 22nd - July 28th 2019

From Monday July 22nd thru Sunday July 28th - 13 single family homes went to contract in the Catalina Foothills of Tucson, AZ 
(link expires 8/31/2019)

8 were priced from $355,000 to $589,000
5 from $649,000 to $900,000
and that's it,

A very different week from the one before, this one more of a typical hot summer nothing spectacular kinda slow week. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, July 15th - July 21st 2019

From Monday July 15th thru Sunday July 21st - 24 single family homes went to contract in the Catalina Foothills of Tucson, AZ 
(link expires 8/28/2019)

11 were priced from $310,000 to $595,000
11 from $620,000 to $929,000
and 2 biggies at $1,975,000 & $2,500,000

A very big week for the middle of summer. Frankly, with that many contracts from $600k to $2.5m, that would be a very good week at any time of the year. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

10 Big Ones in Pima Canyon

So far this year there have been 32 sales at $1,000,000 & UP in the Catalina Foothills - that's 32 homes sold from $1,022,500 to $2,110,000 throughout the Catalina Foothills. 

And get this, 10 of them sold in Pima Canyon, 10.  And nowhere else was even close. 

The next closest is Ventana Country Club  with 5 sales at $1,000,000 & UP
then Catalina Foothills Estates #10 - with 3 sales 
then Catalina Foothills Estates - 2 sales
along with Sin Vacas - 2 sales
and 2 sales in unsubdivided areas of the foothills
and then a bunch of subdivisions with 1 sale each at $1,000,000+  - Alta Vista, Catalina Ridge Estates (aka Cobblestone), La Paloma, Catalina Foothills Est #2, Pontatoc Uplands, Skyline Country Club Estates, Ventana Overlook, Village on Hacienda del Sol. 

 that's it, 32 sales at $1,000,000 & UP, with 10 big ones in Pima Canyon 

And while Pima Canyon doesn't always come out on top, more often than not it does. 
Why? Short answer - more newer upper-end homes than other Foothills communities. 

If you want to read more about the real estate market in Pima Canyon over the last 10 years or so, just enter Pima Canyon in the search box to the right and you will get a slew of my past blog posts.  

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

the very stable Catalina Foothills single family home market

With one exception, the Catalina Foothills single family home market has been very stable for the last few years - with none of the wild gyrations in sales and sold prices that we've experienced in the past. 

The one exception was a pretty big jump (not huge) in median sold prices from $452,000 in 2017 to $495,000 in 2018. An almost 10% increase in one year. But that was it, the market put the brakes on prices and so far this year (2019) median sold prices remain at $495,000. 

Jan 1 - July 20th 2017
509 single family homes sold
476 sold up to $999,999
 33 sold at $1,000,000 or more
Overall median sold price = $452,000

Jan 1 - July 20th 2018
486 single family homes sold
450 sold up to $999,999
36 sold at $1,000,000 or more
Overall median sold price = $495,000

Jan 1 - July 20th 2019
498 single family homes sold
466 sold up to $999,999
32 sold at $1,000,000 or more
Overall median sold price = (still) $495,000

For most buyers a stable market is an attractive market because there's less concern that they will be left holding the bag when sales suddenly tank and prices go along with them. (like they did in 2009 when prices dropped almost 22% in one year) Likewise, in a stable market sellers are more confident that by selling now they are not missing an imminent golden opportunity to make a bundle when prices suddenly go thru the roof next .......

That said, stable markets are also boring markets with none of the wild swings, drama and theatrics of more unpredictable times. More to the point than the theatrics are the opportunities and occasional screaming deals that pop up during unpredictable times. Though for every screaming deal that's made there's usually someone else on the other end who's losing their shirt. In real estate, I'll take stable, boring. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, July 8th - July 14th, 2019

From Monday July 8th thru Sunday July 14th - 24 single family homes went to contract in the Catalina Foothills of Tucson, AZ 
(link expires 8/16/2019)

17 homes were priced from $259,900 to $559,950
 4 from $689,987 to $895,000 
 3 from $1,249,000 to $2,750,000, 

WOW! another impressive week of real estate action here in the Catalina Foothills - with the lower end still (eternally) on fire while homes listed from $600,000+ into the $$millions are shrugging off the usual summer doldrums.

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home

in contract last week, July 1 - July 7, 2019

From Monday July 1st thru Sunday July 7th - 19 single family homes went to contract in the Catalina Foothills of Tucson, AZ
(link expires 8/11/2019)

13 were priced from $305,000 to $595,000
  4 from $618,000 to $695,000 
  2 at $1,000,000 and $1,675,000

Still a very decent market for the dead of summer. 

see TheFoothillsToday.com 
to find your very own Catalina Foothills Home