The Catalina Foothills

Catalina Foothills Subdivision Prices, Then and Now

Whether you're planning your next move or simply curious about local trends, dive into our subdivision snapshots to see the % change in median sold prices (MSP) from pre-covid 2019 to the high interest rate challenges of 2023. From Foothills Clusters and Alta Vista to Ventana Country Club and beyond, discover how well each subdivision fared – all in just a few clicks!
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(Also, click the highlighted subdivision names to see all the homes currently listed for sale. However, with our low inventory you may receive a No Results response indicating there are No homes for sale)                                           

Coronado Foothills Estates
2019 / 15 Sold @ $537,000 (MSP)
2023 / 18 Sold @ $789,750 (MSP)
+47% MSP  

Shadow Hills
2019 / 24 Sold @ $588,500  
2023 / 14 Sold @ $889,500  
+51% MSP 

Catalina Foothills Estates 10
2019 / 6 Sold @ $946,333
2023 / 5 Sold @ $1,600,000
+69% MSP

Foothills Clusters
2019 / 19 Sold @ $355,000
2023 /   8 Sold @ $551,500
+55% MSP

Fairfield
2019 / 33 Sold @ $471,657
2023 / 17 Sold @ $680,000
+44% MSP

Pima Canyon
2019 / 20 Sold @ $1,268,382
2023 / 12 Sold @ $2,068,600
+63% MSP

La Paloma
2019 / 45 Sold @ $443,000
2023 / 30 Sold @ $702,500
+58% MSP

Skyline Bel Air
2019 / 23 Sold @ $548,868
2023 / 21 Sold @ $850,000
+54% MSP

Skyline Country Club Estates
2019 / 13 Sold @ $650,000
2023 / 12 Sold @ $1,165,000
+79% MSP

Alta Vista
2019 / 22 Sold @ $765,000
2023 / 16 Sold @ $1,400,000
+83% MSP

Flecha Caida
2019 / 21 Sold @ $475,000 
2023 / 23 Sold @ $745,000
+56% MSP

Cimarron
2019 / 26 Sold @ $548,500
2023 / 13 Sold @ $755,000
+37% MSP

Ventana Country Club
2019 / 29 Sold @ $620,000
2023 / 23 Sold @$1,000,000
+61% MSP

Sabino Mountain
2019 / 19 Sold @370,000
2023 / 11 Sold @ $1,045,000
+182% MSP

And for comparison here are the numbers for the overall Catalina Foothills market.

Overall Catalina Foothills Market
2019 / 876 Sold @ $495,000
2023 / 595 Sold @ $780,000
+57% MSP

Please keep in mind the subdivisions listed here represent a small sample of the many subdivisions in the Catalina Foothills and are intended to illustrate how differently individual subdivisions perform from the overall foothills market and from other subdivisions.
Contact me if you would like a snapshot of one or more Foothills subdivisions that are not mentioned. 
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Thanks for stopping by
If you have a question, would like my help or would like to chat about Catalina Foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home
__________________________________________
The homes noted in this post are the result of homes listed and sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ

In Contract Last Week, 1/1 - 1/07/2024

From Monday January1 thru Sunday January 7, just 6 single family homes went to contract in the Catalina Foothills of Tucson, AZ 85718/85750  (links expire 2/10/24)

3 were listed from $625,000 to $980,000
3 from $1,050,000 to $1,900,000
And that's it. A slow start to the 2024 foothills market.

On the other hand, 23 new listings popped into the MLS that week - 6 of which are already in contract
_____________________________________________________

Thanks for stopping by
If you have a question, would like my help or would like to chat about Catalina Foothills real estate, I look forward to hearing from you

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home
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The listings noted in this post are the result of homes listed and sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ

the Foothills Home Market, Then and Now

In 4 Simple Charts

1st Up, The Number of Homes Sold for up to $999,999


Next, Home Sales at $1m+


the Median Sold Price


and for me, the simplest and best barometer of the market, Median Days on Market

That's it, in a nutshell. Some good, some not so good. The Foothills housing market has undergone a significant shift in recent years. And yet, thru it all, the enduring appeal of this special place, the Catalina Foothills, remains strong, driven by its unique location, the magic of the mountains and the desirable lifestyle it affords residents. And while the market will undoubtedly rise and fall in the future the appeal of Foothills living will remain.

That said, Here's hoping for a more balanced and normal market for all of us in 2024.
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If you have a question or would like to chat about Catalina Foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home
_______________________________________________________________
The homes noted in this post are the result of those homes being listed and sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ

In Contract the last 2 weeks of 2023, from 12/18 - 12/31/2023

From Monday December 18 thru Sunday December 31, 12 single family homes went to contract in the Catalina Foothills of Tucson, AZ 85718/85750  (link expires 2/3/2024)

9 were listed from $609,000 to $990,000
3 from $1,200,000 to $2,495,000

And that is it for 2023 contracts.

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If you have a question, would like my help or would like to chat about Catalina Foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home
_________________________________________________________
The listings noted in this post are the result of homes listed and sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ

Foothills Home Sales Hit 14-Year Low, while Million-Dollar Market Booms

Key Stats:(updated 1/4/2024)

• 2023: 595 homes sold (lowest since 2009)
• Sold Price Breakdown:
  • $305,000 - $999,999: 419 Sold (down from 844 Sold in 2020)
  • $1,000,000 - $4,300,000: 176 Sold (3rd highest ever)
• Median Sold Price: $780,000 
  
  The chart is tracking the # of homes sold at all prices

• The Foothills market saw a significant downturn in 2022 - 2023, with 2023 turning in the lowest home sales since the 2009 Great Recession.
• This drop is primarily due to a decline in sales below $1 million, which for 2023 are less than half what they were in 2020.
• However, the million-dollar market remains strong, with the 3rd highest yearly sales volume ever. No kidding, 3rd highest ever, right behind 183 sold in 2021 & 196 in 2022. And nothing else comes close.
• High interest rates and low inventory are the main factors impacting the market.

It is astonishing to see how quickly and how far sales have fallen in just the last 2 years.
Here's hoping for a more balanced and normal market for all in 2024.

Happy New Year
                                                                                         ________
If you have a question, would like my help or would like to chat about Catalina Foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home
           _________________________________________ 
The homes noted in this post are the result of homes listed and sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ  

In Contract Last Week, 12/11 - 12/17/2023

From Monday December 11 thru Sunday December 17, 9 single family homes went to contract in the Catalina Foothills of Tucson, AZ 85718/85750  (link expires 1/20/2024)

1 was listed at $575,00
3 from $637,500 to $800,000
5 from $1,030,000 to $2,250,000

A very respectable showing for this Holiday time of year!
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If you have a question, would like my help or would like to chat about Catalina Foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home
_________________________________________________________
The listings noted in this post are the result of homes listed and sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ

Recent Sales & Sold Prices

Tracking recent single family home sales in the Catalina Foothills
The table below shows #Sold, median sold prices and median days on market for the period of 10/1 - 12/15 for 2021, 2022, 2023

	2021	2022	2023
#Sold	177	124	102
MSP	$695,000	$772,500	$767,500
MDOM	7	18.5	9.5

# Sold down -42% V 2021 & down nearly -18% v 2022  // MSP is up +10% V 2021 & down -0.64 V 2022
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Just for the heck of it let's get more recent and look at sales for the last 30 days, 11/16 - 12/15

	2021	2022	2023
#Sold	74	58	37
MSP	$680,000	$753,750	$705,000
MDOM	6	23.5	8

#Sold down -50% V 2021 & -36% V 2022 // MSP is up +3.6% V 2021 & down -6.4% V 2022

 #Sold continue to fall & Sold prices have now dropped meaningfully and more in the last 30 days (-6.4%) than they did in the 76 day period (-0.64) shown in the first table. I hope buyers are cheering that prices have dropped a bit and if the current trend continues, who knows, they may drop some more or at least hold steady, or ..? No predictions on that front.

Interesting, with the # of homes sold and sold prices dropping DOM remain very low - indicating that demand is still very strong for the low supply of homes on the market, especially for those that are attractive & reasonably well priced. 

And if the home you are considering is unique and special (not cookie cutter) the idea that if you miss out on that one, another one will come along, was often true in the past (before 2020)... since 2020 it has been and still is not so true today. 
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If you have a question, would like my help or would like to chat about Catalina Foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home
______________________________________________
The listings noted in this post are the result of homes listed and sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ

In Contract Last Week, 12/04 - 12/10/2023

From Monday December 4 thru Sunday December 10, 8 single family homes went to contract in the Catalina Foothills of Tucson, AZ 85718/85750  (link expires 1/13/2024)

1 was listed at $599,000
6 from $625,000 to $950,000
1 at $1,375,000
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If you have a question, would like my help or would like to chat about Catalina Foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home
______________________________________________
The listings noted in this post are the result of homes listed and sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ

 

In The Foothills Today, 12/09/2023

The inventory of homes for sale is holding pretty steady at +/- 132 SFR homes for sale, of which 74 are priced up to $999,999 and 58 are priced at $1m+. (Links will expire on 1/8/2024) The # of homes for sale will fluctuate as homes go to contract, sell and/or leave the market for various reasons.

8 new listings this past week, 2 of which went from being a new listing to going to contract to selling all since Monday, 12/4.

6 homes went to contract so far this week, including the 2 noted above.
And that's about it.

The market is slowing down for the Holidays, for Hanukkah, Christmas, New Year and .....
Wishing You a Happy, Merry and Healthy Holiday
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The sales noted in this post are the result of homes listed and sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ
_______________________________________________________

If you have a question, would like my help or would like to chat about Catalina Foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In Contract Last Week, 11/27 - 12/03/2023

From Monday November 27 thru Sunday December 3, 14 single family homes went to contract in the Catalina Foothills of Tucson, AZ 85718/85750  (link expires 1/5/2024)

1 was listed at $500,000
9 were listed from $625,000 to $998,000
4 were listed from $1,100,000 to $1,695,000

A productive and rewarding week for 14 buyers and sellers
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If you have a question, would like my help or would like to chat about Catalina Foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

Median Sold Prices Then and Now

Let's have a look at median sold prices in the Catalina Foothills starting from where prices were in pre-Covid June/July 2019 +  at the peak of the market in June/July 2022  + this June/July 2023 + now in October/November 2023.

And because the covid years and the time since has had such a profound effect on our market I decided to do separate reports for each of the two foothills zip codes, 85718 & 85750, so we could clearly see how each of them pulled through and weathered the storm.

First up, Single Family Home Sales in 85750

85750	# Homes Sold	Median Sold Price	Days on Market
June/July 2019	103	$470,000	39
June/July 2022	56	$717,500	5
June/July 2023	52	$700,000	15
Oct/Nov   2023	34	$757,500	9

According to recent sales Median Sold Prices in 85750 are defying gravity. They rose +52% from 2019 to their supposed peak in 2022 and more noticeably they have now passed that 2022 peak and are up +5.6% since then.

next up, 85718

85718	# Homes Sold	Median Sold Price	Days on Market
June/July 2019	87	$521,000	63
June/July 2022	61	$930,000	5
June/July 2023	58	$857,500	13
Oct/Nov 2023	53	$778,500	9

 Meanwhile, (the bigger they are ...) Median Sold Prices in 85718 rose a whopping +78% from pre-covid 2019 to their peak in 2022.    But they have since fallen quite a bit, -16% since 22. And surprisingly, they are also down -9% from where they were this past June/July. 

Notable in both Zips is that homes are still selling very quickly, as indicated by the very low DOM figures. Which is mostly due to the continuing low supply of homes for sale - Supply/Demand flexing its muscles. 

Home sales in 85750 are down -67% from where they were in 2019 / while 85718 is doing a little better with sales down -39%.
The Mantra, if there were more homes for sale more homes would sell. It's that simple.
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The sales noted in this post are the result of homes listed and sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ
___________________________________________________________

If you have a question, or would like to chat about foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In Contract Last Week, 11/20 - 11/26/2023

From Monday November 20 thru Sunday November 26, just 6 single family homes went to contract in the Catalina Foothills of Tucson, AZ 85718/85750  (link expires 12/30/2023)

4 were listed from $630,000 to $825,000
2 at $1,125,000 & $2,999,000

Many Buyers and Sellers took a timeout to enjoy Thanksgiving week
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If you have a question or would like to chat about Catalina Foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In The Foothills Today, 11/28/2023

Overall there are still just 132 single family homes for sale in The Foothills Today, about the same as it was last week and the week before.  (132 for sale link expires 12/28/2023)

But now, at $1m+, with a drop in recent contracts and sales and some new listings, the MOI (months of inventory) has risen from 2 - 3 months to 6, 7 months  and more - which is higher than we've seen since September/October/November of 2022 when the unexpected shock of rising interest rates briefly knocked the wind out of the market. 

Check out the Market Snapshot to review the numbers in your price range.

Recent Sold #'s at all prices
 This year in the last 30 days 36 homes Sold at $702,500 MSP in a very quick 9 MDOM
              V.
 Last year in the same 30 days 45 homes Sold at $800,000 MSP in 17 MDOM 
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Recent Sold #'s at $1m+, same 30 day period
This year 7 homes Sold at $1,303,000 MSP in a super quick 3 MDOM - 6 were Cash Sales
              V.
Last year 13 homes Sold at $1,550,000 MSP in very quick 8 MDOM - 8 were Cash Sales

What is causing the slowdown in sales this year?
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John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In Contract Last Week, 11/13 - 11/19/2023

From Monday November 13 thru Sunday November 19, 9 single family homes went to contract in the Catalina Foothills of Tucson, AZ 85718/85750  (link expires 12/24/2023)

2 were listed at $507,000 & $515,000
6 from $672,500 to $959,000
1 at $3,900,000

they went to contract in a quick 16 MDOM
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If you have a question or would like to chat about Catalina Foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In The Foothills Today 11/20/2023

 

The number of homes for sale continues to inch up, though just barely. This morning there are 134 single family homes for sale while last week there were 129 and the week before that there were 119 for sale. 

During that time (from10/29 til now) a lot of other changes took place;
there were 54 new listings, 34 homes went to contract, 9 listings were cancelled and 9 others were withdrawn. And 12 listings that were withdrawn or cancelled came back on the market.

And now, with the dust settled, there are still just 134 single family homes for sale in The Foothills Today.
(links expire 12/19/2023)

But it's not like we haven't been here before.
Last November there were 140 for sale / Nov 2021 103 for sale / Nov 2020 132 for sale  V  the prior to Covid more normal market of Nov 2019 with 268 for sale & 305 in Nov 2018. The difference is this market has the double whammy of very low inventory combined with very high interest rates. 

Check out the Market Snapshot for the latest numbers of Catalina Foothills homes for sale, in contract and sold in your price range.
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If you have a question or would like to chat about foothills real estate,    I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In Contract Last Week, 11/06 - 11/12/2023

From Monday November 6, thru Sunday November 12, 11 single family homes went to contract in the Catalina Foothills of Tucson, AZ 85718/85750  (link expires 12/14/2023)

7 were priced from $625,000 to $849,000
4 from $1,100,000 to $2,350,000
And that's it, nothing priced under $600k went to contract

   And why is that?
- Very few for sale, just 15 today
- High interest rates
- homes priced up to $600k are a shrinking segment of the market. Over the last few years they've been inflated into the $700 to $900k, or higher, price range. 
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If you have a question or would like to chat about foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In The Foothills Today, 11/11/2023

The number of homes for sale continues to inch up, this morning there are 129 single family homes for sale in the Catalina Foothills. Last week there were 119 and the week before that there were 112 for sale. 

 42 homes Sold in the last 30 days
at $769,250 MSP in 20 MDOM
             V.
same 30 day period last year
when 44 homes Sold 
at $787,000 MSP in 22 MDOM

It felt like it would never happen but the weather is finally perfect. And as you may have noticed from the increase in vehicles on the roads and customers in the shops and restaurants, snowbirds are here already with more arriving everyday - La Encantada, Joesler Village, St Phillips Plaza and Casas Adobes Plaza are all mobbed. 

Enjoy this wonderful time of year in Tucson and the Catalina Foothills
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If you have a question or would like to chat about Foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In Contract Last Week, 10/30 - 11/05/2023

From Monday October 30 thru Sunday November 5, - 10 single family homes went to contract in the Catalina Foothills of Tucson, AZ  85718/85750  (link expires 12/07/2023)

1 was listed at $455,000
5 from $650,000 to $985,000
4 from $1,175,000 to $1,695,000

*they went to contract in 15 MDOM
____________________________________________________

If you have a question or would like to chat about foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

No matter how you slice it ...

Catalina Foothills single family home Sold Prices are UP, 

Have a look,

The 1st 3 Months  1/1 - 3/31
2022 / MSP $750,000
2023 / MSP $756,875 (up 0.91%)

YTD  1/1 - 10/31
2022 / MSP $765,000
2023 / MSP $799,500 (up 4.4%)

The Last 6 Months 5/1 - 10/31
2022 / MSP $775,000
2023 / MSP $820,000 (up 5.8%)

The Last 3 Months 8/1 - 10/31
2022 / MSP $750,000
2023 / MSP $825,000 (up 10%)

Most Recent  October
2022 / MSP $737,000
2023 / MSP $835,250 (up 13%)

Not only are prices up this year, but they've risen quite a bit more in the last few months than earlier in the year. 
Now, as our busiest time of year begins, with more buyers in the market, will the forces of supply & demand cause prices to rise even further?

If you have a question, or would like to chat about foothills real estate, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home
__________________________________________________

These sales represent homes listed and sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ.

In Contract Last Week, 10/23 - 10/29/2023

From Monday October 23 thru Sunday October 29, - 9 single family homes went to contract in the Catalina Foothills of Tucson, AZ  85718/85750  (link expires 12/1/2023)

2 were listed at $545,000 & $550,000
4 from $650,000 to $950,000
3 from $1,225,000 to $2,995,000

all 9 @ 21 MDOM

If you have a question or would like my help, I look forward to hearing from you.

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In The Foothills Today, 10/29/2023

Listings of Single family homes for sale are inching up.

From April thru September listings were running from the low 80's to the high 90's and then last week they hit 112 and today, TA-DA, there are 119 homes for sale. Way less than what's needed but headed in the right direction.
(Links expire 11/28/2023)

See the 44 homes that sold in the last 30 days

Check out the Market Snapshot for the latest numbers of Catalina Foothills homes for sale, in contract and sold in your price range.

Thanks for stopping by,
If you have a question or would like my help, I look forward to hearing from you

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In Contract Last Week, 10/16 - 10/22/2023

From Monday October 16 thru Sunday October 22, - 9 single family homes went to contract in the Catalina Foothills of Tucson, AZ  85718/85750   (link expires 11/24/2023)

5 were listed from $399,000 to $575,000
4 from $690,000 to $800,000
and nothing at $1m +

the 9 homes went to contract in14 MDOM

Thanks for stopping by,
If you have a question or would like my help, I look forward to hearing from you

John Schneider/Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In The Foothills Today, 10/22/2023

112 SFR homes for sale priced from $399,000 to $12,500,000 // MLP $919,000 // MDOM 49
(link expires 11/19/2023) (MLP = Median List Price  // MDOM = Median Days on Market)

112 homes for sale is a tad more than the 80 - 99 or so that were for sale during the last few months. But now, with our busy season about to begin, bringing more buyers into the market, we are going to need more than 112 homes to satisfy the increased demand.

Without a substantial increase in listings the Fall-Winter-Spring market is going to be a difficult and possibly impossible market for a number of buyers to find a home they would like to buy and put it in contract. Checkout the Market Snapshot for a glimpse of the current supply/demand picture at various price ranges and imagine what it will look like with many more buyers competing for the same number of homes. 

Also, recent sales this year V. prior years
The table below shows sales, median sold prices and median days on market for the period of 7/1 - 10/20 of - 2021, 2022, 2023
Sales that closed from 7/1 - 10/20 are the result of deals that were made (contracts signed) from around mid May to mid September, that is during summer, the slowest time of year for Foothills home sales.

Sales are down from last year and way down from 2021 (if there were more homes for sale there would be more sales) while prices are up from last year and way up from 2021 - the result of the continuing low supply of homes for sale, which is propping up prices, while high interest rates continue to dissuade sellers from listing their homes only to subsequently become buyers. 

	2021	2022	2023
# SOLD	257	190	173
MSP	$690,000	$789,000	$825,000
MDOM	6	10	11

These sales, and other real estate activity reported on this blog are the result of homes that are represented and sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ.

Thanks for stopping by,
If you have a question or would like my help, I look forward to hearing from you

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In Contract Last Week, 10/09 - 10/15/2023

From Monday October 9 thru Sunday October 15, - 12 single family homes went to contract in the Catalina Foothills of Tucson, AZ  85718/85750   (link expires 11/16/2023)

2 were listed at $575,000 & $585,000
6 from $650,000 to $975,000
4 from $1,100,000 to $3,850,000

DOM were all over the place, at 2, 2, 6, 9, 9, 28, 33, 47, 85, 102, 146 & 327 DOM, which works out to 36 MDOM

And although the inventory may be tight last weeks contracts show the wide price range of Catalina Foothills homes that are available to home buyers. 

Thanks for stopping by,
If you have a question or would like my help, I look forward to hearing from you

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills 
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In Contract Last Week, 10/02 - 10/08/2023

From Monday October 2 thru Sunday October 8, - 8 single family homes went to contract in the Catalina Foothills of Tucson, AZ  85718/85750   (link expires 11/10/2023)

3 were listed from $450,000 to $599,800
4 from $719,000 to $850,000
1 at $4,650,000

And that's it....very few contracts, though, for the most part, the few that went to contract went quickly, in: 2, 2, 6, 6, 7, 7, 20 & 334 DOM - which underlines what we already know. That there are more eager, willing and able buyers than there are desirable homes for sale.
    ____________________________________________________

Thanks for stopping by,
If you have a question or would like my help, I look forward to hearing from you

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 Visit my website TheFoothillsToday.com 
to find your very own Catalina Foothills Home

Q1/2021 - Q3/2023 Catalina Foothills Single Family Home Sales Market Data

The charts below track the UPS and DOWNS of the Catalina Foothills Single Family Home Market from Q1/21 - Q3/23

First up is the number of homes sold up to $999,999, which is about 68% +/- of the foothills single family market.
Sales are mostly down, and under the prevailing conditions - high interest rates - high home prices - tight supply of homes for sale - it's hard to imagine a realistic scenario that would cause more buyers to buy more homes. 

in Q3/23 - 37% of the homes sold up to $999k were cash transactions
_________________________________________________________

Next is the number of homes sold for $1M+ which is about 32% +/- of the foothills market. 
$1M+ sales are also mostly down, and while this price range shares some of the same impediments to increased sales, as lower priced buyers, it does have one big advantage, it has more cash buyers. At $1Mil+ in Q3/23 -  53% of the homes sold were cash sales. And that % has been +/- consistent over the last few years. 

_____________________________________________________________

Look at that, 3 Qs of rising prices in 2023, whoda thunk it. 
After 2 Qs of falling sold prices in the latter half of 22, accompanied by sharply falling homes sales and high and going higher (Fed promised) interest rates, I don't know anyone who expected home prices to go anywhere but down. But they didn't, they went up 10.6% since Q4 2022. And based on Quarterly median sold prices they are higher than they have ever been. Ever!

_________________________________________________________

Days on Market, or median days on market MDOM, my favorite simple measure of the exuberance, or lack thereof, of the market. MDOM for homes that sold in Q2&3 this year is a quick 11- 12 MDOM. Not as quick as during the Covid frenzy but still very quick. Meanwhile, the 105 homes that are currently listed for sale are at 46 MDOM and counting. 


_________________________________________________________

Thanks for stopping by,
If you have a question or would like my help, I look forward to hearing from you

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

Please See TheFoothillsToday.com 
to find your very own Catalina Foothills Home

In Contract Last Week, 9/25 - 10/01/2023

From Monday September 25 thru Sunday October 1, 16 single family homes went to contract in the Catalina Foothills of Tucson, AZ  85718/85750   (link expires 11/05/2023)

3 were listed from $419,900 to $550,000
5 from $650,000 to $800,000
8 from $1,190,000 to $1,895,000

As we bid good riddance to summer and ease our way into the fall market 8 homes to contract at $1Mil+ is an impressive start to our season.   Currently there are just 43 homes for sale at $1M+              SEE THEM HERE

 

Thanks for stopping by,
If you have a question or would like my help, I look forward to hearing from you

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

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

The First 9 Months, 2023

The following table tracks Catalina Foothills Single Family Home Sales from January 1st  - September 30th of each year from 2019 - 2023.These sales represent homes sold by us, the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ.
MSP - Median Sold Price // DOM - Days on Market

Year	# Sold	MSP	DOM
2019	696	$495,000	34
2020	694	$563,500	22
2021	742	$690,000	5
2022	572	$773,750	5
2023	484	$792,500	12

Home sales continue to fall, yet prices remain high

With the burden of low inventory, high interest rates and high home prices home sales are down -15% from last year and -35% from 2021. Yet, despite the dwindling sales sold prices are up, yes up +2.4% from last year and nearly +15% from 2021. This is due mostly to the low supply of homes propping up prices combined with the continuing strong demand from buyers who are eager, willing and able to purchase a home in the Catalina Foothills under the prevailing conditions. 

And while DOM have more than doubled from where they were in 2021- 22 they are still much lower than ever seen in the years before 2020 - years when there were many more homes for sale and many fewer buyers competing so avidly for them, particularly at $1million+. 

which brings us to the $$million question, how many homes sold for $1mil+ during the first 9 months?

2019 -  47
2020 -  59
2021 - 145 
2022 - 159
2023 - 141   (29% of the 484 homes sold)
________________________________________________

Thanks for stopping by,
If you have a question or would like my help, I look forward to hearing from you

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

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

In Contract Last Week, 9/18 - 9/24/2023

From Monday September 18 thru Sunday September 24, 12 single family homes went to contract in the Catalina Foothills of Tucson, AZ  85718/85750   (link expires 10/29/2023)

3 were listed from $450,000 to $599,000
5 from $600,000 to $950,000
4 from $1,250,000 to $2,150,000

And they went quickly, in 12 MDOM

Thanks for stopping by,
If you have a question or would like my help, I look forward to hearing from you

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

TheFoothillsToday.com 
to find your very own Catalina Foothills Home

Technical Issues

Hi,
If you were subscribed to the follow.it feed, at the bottom right side of the banner photo, you may need to re-subscribe as there have been some technical issues with it that are now fixed (I hope) though your preferences may have been deleted. Sorry for the inconvenience. 

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In The Foothills Today, 9/25/2023

101 single family homes for sale in The Foothills Today priced from $419,900 to $12,500,000
Median List Price (MLP) is  $975,000 // MDOM is 69
46 (45.5%) are listed at $1M+ (link expires 10/25/23)

 

Looking at sales, sold prices and median days on market from            7/1 - 9/20 for 2021, 2022, 2023

	2021	2022	2023
#SOLD	189	128	129
MSP	$675,000	$820,000	$810,500
MDOM	5	9	12

MSP is -1.15% from 2022 and +20% from 2021

Overall the supply of homes is still quite tight, with 2 - 3 months of inventory (MOI) at most price points. Check out the latest numbers in the  Market Snapshot 

More Recently
45 homes sold in the last 30 days at $850,000 MSP for 99.94%/original list price in 6 MDOM
(link expires 10/25/23)

WoW! that's +15.6% MSP over the same 30 day period last year when
51 homes sold at $735,000 MSP for 97.54%/original list price in 13 MDOM

+15% is a big jump but it's also the result of sales for just 30 days, (IMO) too short a time period to bank on. Except the supporting numbers are also pretty impressive. They sold for 99.94%/original list price in 6 MDOM. It doesn't get much better than that. We'll see what happens in the next month or two.

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In Contract Last Week, 9/11 - 9/17/2023

From Monday September 11 thru Sunday September 17, just 6 single family homes went to contract in the Catalina Foothills of Tucson, AZ, 85718 / 85750   (link expires 10/21/2023)

4 were listed from $625,000 to $750,000
2 at $1,100,000 & $1,149,900
And that's it!

Very few contracts but for the most part they went quickly, in: 1, 2, 1, 37, 6, 1 DOM - or 9.5 MDOM

Thanks for stopping by
If you have a question or would like my help, I look forward to hearing from you

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In Contract Last Week, 9/04 - 9/10/2023

From Monday September 4 thru Sunday September 10, 10 single family homes went to contract in the Catalina Foothills of Tucson, AZ, 85718 / 85750   (link expires 10/15/2023)

1 was listed at $599,000
4 from $650,000 to $989,000
5 from $1,095,000 to $1,428,170

Officially, those 10 homes went to contract in 15.5 MDOM...
That may be, but in real life, 8 of the 10 homes that went to contract went much quicker than 15.5 MDOM. They went in 0, 3, 4, 5, 5, 6, 8, 8 DOM  + two that took 623 and 51 days to reach contract. Which, mathematically, works out to 15.5 MDOM and though it is accurate mathematically, to me, it does not accurately reflect the pace at which homes went to contract last week. The average is even less representative of reality, the average comes in at 80 DOM. 

A suggestion, if you're a buyer or a seller, along with all the other info and stuff your agent provides you, ask them to show you the median days on market (MDOM) numbers along with the actual days on market (ADOM) for properties that are comparable to what you are searching to buy or looking to list for sale. 

Thanks for stopping by
If you have a question or would like my help, I look forward to hearing from you.

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In Your Favorite Foothills Subdivision, Part 2, September 2023

The following are snapshots of the single family and townhome market in a variety of popular subdivisions in the Catalina Foothills, Tucson, AZ.
The sold activity represents sales from Jan 1, 2023 - August, 31, 2023. The listing/sold data is provided courtesy of the MLSSAZ (Multiple Listing Service of Southern Arizona). MSP(Median Sold Price) // MDOM (Median Days on Market)                                                                               
Click the highlighted Subdivision names to see all of the homes currently for sale (continuously updated) + the Homes Sold // MSP // MDOM 
_________________________________________________________________

Sabino Mountain 
6 Sold // $1,310,000 MSP // 36 MDOM // (sold listings expire 10/11/23)
Built from the early to mid 2000's Sabino Mountain homes are popular for their high-up on the mountain location with beautiful mountain and city views and, for the foothills, with homes that are newer than many others in surrounding areas. Sabino Mountain is also popular with many buyers because of the wide range of home sizes, styles and prices that are available. For example, of the 6 homes sold the two lowest priced homes sold for $555,000 & $585,000 while the two highest priced went for $1,775,000 & $2,200,000. And that is not unusual. For recreation and rejuvenation Sabino Mountain is close to the hard to beat combination of  Sabino Canyon Recreation Area,Canyon Ranch and Ventana Canyon Golf & Racquet Club.

Ventana Canyon CC
30 Sold // $852,000 MSP // 18 MDOM
Because Townhomes are an essential component of the housing stock in Ventana I have included them both in the For Sale and Sold data.
Yes Ventana CC is home to Ventana Canyon Golf & Racquet Club  With two golf courses running thru it, the Mountain and the Canyon Course and exquisite facilities and services for golf, pickleball, tennis, swimming, a spa, dining and more Ventana Canyon CC offers a complete range of services and facilities to compliment your lifestyle. 

Alta Vista
12 Sold // $1,512,500 MSP// 8.5 MDOM
The numbers speak for the market in Alta Vista- it's been sizzling hot. Built mostly from the early 1990's to 2016 or so Alta Vista is home to a great many mildly Southwestern style homes, often referred to as Southwest Contemporary. They're southwest but not too southwest, and they're contemporary but not too contemporary. They are what many buyers find to be a comfortable mix of southwest & contemporary. AV is also a good area to find Sante Fe and Mediterranean style homes. Many them perched high up on a ridge with commanding views. 

Fairfield
59 Sold // $565,000 MSP // 15 MDOM
Townhomes are also a very essential component of the housing stock in Fairfield - as there are more townhomes than single family in Fairfield and I have included both in the For Sale and Sold data. 
Fairfield, a very special place in the Catalina Foothills, offers a mix of small to medium-sized homes on lots that range from 0.15 - 0.75 acres and with most homes built between 1975 and 2000. The homes built from the 1970's up to about 1995 are mostly slump block, concrete block, brick or adobe construction with many of those built in the following years of frame stucco construction. Fairfield is renowned for its charming well kept streets with row after row of tidy and attractive southwestern style homes with the most desirable of them on mountain &/or city view lots. 

Catalina Foothills Estates 
7 SOLD // $1,175,000 MSP// 30 MDOM
The grand daddy of them all, the original Catalina Foothills Estates, where the first homes were imagined and built in the Catalina Foothills with Catalina Foothills Estates #'s 2, 3, 4 5, 6, 7, 8 and 9 to follow.

In 2008 I posted to this blog about the Catalina Foothills Estates titled> Joesler and Murphey, they started it all ...

John Murphey, the founder and developer of the Catalina Foothills Estates, in partnership with the architect Josias Joesler, were visionaries in the development of the Catalina Foothills which, until they came along, was a remote and undeveloped area of grazing cows.

Their vision was to create a lifestyle that would be attractive to wealthy mid-western and eastern families seeking a winter refuge in a desert environment - To become Tucson's first second home owners.
The homes designed by Joesler, while meant to evoke a romantic association with the desert, were often large homes on sprawling hilly lots that were surrounded by the beauty and privacy of the natural desert.

Many of those Joesler's survive to this day, and quite a few have been carefully maintained and renovated to provide modern comforts and conveniences, while maintaining the essence and character of Joesler & Murphey's vision. When they're done right, they're incredibly beautiful.
However many (most really) of the original sprawling hilly lots, which ran from ten to fifteen acres or more, have by now been subdivided and whittled down to nearly the size of your typical new McMansion lot, to make way for more homes. 

There's more, lots more, here > Joesler and Murphey, they started it all

The Catalina Foothills Association website also has lots of info on the history of and present day life in the Catalina Foothills.
_______________________________________________________

Thanks for stopping by
If you have a question or would like my help, I look forward to hearing from you.

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In Contract Last Week, 8/28 - 9/03/2023

From Monday August 28 thru Sunday September 3, 13 single family homes went to contract in the Catalina Foothills of Tucson, AZ, 85718 / 85750     (link expires 10/08/2023)

1 was listed at $575,000
4 were at $759,000 to $859,000
8 were at $1,050,000 to $1,850,000

more homes went to contract at $1,000,000+ than at under $1,000,000

Thanks for stopping by

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

from Yahoo & me too

yahoo!finance

Million-dollar homes are the ‘middle class’ options for homebuyers in many cities

Rebecca Chen·Reporter
Sat, September 2, 2023 at 4:48 AM MST

Homebuyers in some cities have no choice but to buy million-dollar homes as prices near all-time highs.

The share of million-dollar homes is rising across the nation. Redfin found that 8.2% of houses in the US are now worth seven figures, up from 7.3% in February and just shy of the peak of 8.6% recorded in June 2022. Of the 90 million homes studied, approximately 7.46 million units were over a cool million.

A separate report from LendingTree found that two California cities have larger shares of million-dollar homes than properties under that mark. The percentage of homes over $1 million was 66.28% in San Jose and 52.91% in San Francisco. Los Angeles followed at 26.48%, San Diego at 23.15%, and Seattle at 18.70%.

The reports underscore how in many markets, million-dollar homes are not necessarily luxurious; rather, they are the norm, leaving many homebuyers with few affordable options.

"There are a lot of areas, especially really expensive areas, at this point where million-dollar homes have not only become more common, they've also — for lack of a better term — become more middle class," Jacob Channel, report author and LendingTree's senior economist, told Yahoo Finance.

Continue Reading at yahoo!finance > HERE

--------------------------------------------------------------------------------------
Thanks to Rebecca and Yahoo for addressing the $1,000,000 question - when is a $1,000,000 home not a $1,000,000 home

Meanwhile, in the Catalina Foothills ...

the share of million-dollar-homes for sale and sold has also grown over the last few years, some of which I've mentioned HERE HERE and HERE

In the last few years home sales at $1,000,000+ have risen from a puny 6 or 7 % of the single family homes sold in the Catalina foothills to a pretty significant 27% of those sold last year. 

And so far this year, thru 8/31/2023, 446 homes have sold including 127 that sold for $1,000,000+, bringing the % of homes sold for $1,000,000+ to 28.4%, slightly ahead of the % numbers quoted for LA and San Diego. Feel free to peruse the 127 sold and see what you think of them. Are they "middle class" as alluded to in the article or the real deal million $$ homes.

Today (9/06/2023) there are 92 single family homes for sale in the Catalina Foothills and 47 (52%) are priced from $1,000,000 up to $12,500,000

The high-end market took off in mid-2020, driven by a wave of buyers escaping more congested places and seeking out large luxurious homes in the foothills. As demand for these properties surged, sellers began listing their homes at increasingly higher prices and, lo and behold, they sold, which only served to fuel the frenzy. In some cases homes that had previously sold in the $700 to $900k  range moved up into the $7 figure range.

This rapid rise in prices has slowed this year, as rising mortgage rates on top of high list prices have made it more difficult for some buyers to afford these homes. However, the supply of high-end homes remains tight, and demand is still strong, so the market is still moving forward. 

Thank you, and Take Care

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In Your Favorite Foothills Subdivision, September 2023

The following are snapshots of the single family home market in a variety of popular subdivisions in the Catalina Foothills, Tucson, AZ.
The sold activity represents sales from Jan 1, 2023 -August, 31, 2023. The listing data is provided by the MLSSAZ (Multiple Listing Service of Southern Arizona). MSP(Median Sold Price) // MDOM (Median Days on Market)                                                                               
Click the highlighted Subdivision names to see all the homes currently for sale + the # Homes Sold // MSP // MDOM 
___________________________________________________________

Shadow Hills 
12 Sold // $889,500 MSP // 3.5 MDOM // (sold listings expire 10/04/23)
Has long been and still is one of the most popular subdivisions in the Catalina Foothills. 12 sales at 3.5 MDOM speaks volumes of Shadow Hills' popularity. Why is Shadow Hills so popular? My theory; Aside from being in a convenient location to stores, schools and shopping the terrain in Shadow Hills is flatter, much flatter, than in many other foothills areas, which makes it easier, faster & less costly to build homes, pools, anything.  And for families with children, of which there many in SH, it has lots of flat ground for kids (and adults) to run around and play, ride bikes, walk, jog, walk the dog with room for play equipment, swings, etc. 

Sin Vacas
6 Sold // $1,126,500 MSP // 6 MDOM  (sold listings expire 10/04/23)
Sin Vacas is a guard gated community in the Catalina Foothills of Tucson, Arizona. The name Sin Vacas translates to "Ranch Without Cows". The community is located on Ina Road west of N. Campbell Ave. Many of the homes  overlook the Tucson valley and the city of Tucson. Sin Vacas is a luxury subdivision with more than 200 lots including Villa Milano, a newer developed area in Sin Vacas that was built from approx 2005 to 2015 with smaller homes on smaller lots than were previously built in SV. 

Pima Canyon
8 Sold // $2,068,600 MSP // 30.5 MDOM (sold listings expire 10/04/23)
The newest and last large luxury home development in the Catalina Foothills. Many homes were built in the early to mid 2000's but that stopped abruptly when the market crashed in 2008. Though building new homes (mostly spec homes) resumed with vigor in later years to become, IMO, the most popular non-golf luxury subdivision in the Catalina Foothills. 

Cobo Catalina Hills
1 Sold // $2,200,000 // 29 DOM //  (sold listings expire 10/04/23)
Unique properties with larger lots that commonly run from a 3.3 acre minimum up to 8 acres or so, though I have seen larger lots, some with horses facilities.

Cobblestone
3 Sold // $1,480,000 MSP // 21 MDOM // (sold listings expire 10/04/23)
Great location way up high at the very top of Campbell Ave, Cobb backs up to the Coronado National Forest with spectacular views in every direction. It also has the most impressive tree lined entry, it's long, it's green, it's well kept and speaks quietly of quality and good taste. 

Foothills Clusters
6 Sold // $551,500 MSP // 13 MDOM // (sold listings expire 10/04/23)
Moderately priced homes in a wonderful and convenient Foothills location, location. Many have been renovated & updated and others are in the works. With such a good location IMO Clusters has nowhere to go but up.


La Paloma CC
19 Sold // $692,000 MSP // 12 MDOM // (sold listings expire 10/04/23)
Gated, golf course community spread out on the north and south side of Sunrise Dr in one of the best mid Foothills locations. La Paloma has a wide range of homes in various sizes, styles and prices.  La Paloma CC and  The Westin La Paloma Resort & Spa are conveniently located for easy access from the residential areas. 


Catalina Foothills Estates 10
5 Sold // $1,600,000 MSP // 49 MDOM // (sold listings expire 10/04/23)
Guard Gated, very desirable central Foothills location, gentle hilly terrain with many homes occupying their own hilltop affording privacy along with mountain and city views. Large lots, 1.3 acre minimum, impeccably maintained, a favorite of those commuting to the University of Arizona, Banner University Medical Center and to downtown Tucson.

Skyline Bel Air
15 Sold // $825,000 MSP // 34 MDOM
Skyline Bel Air is in a uniquely desirable location in Catalina Foothills - just a short walk or bike ride to shops, restaurants, banks, groceries and other amenities, yet tucked away and private this charming neighborhood offers convenience and privacy. Most of the homes in Skyline Bel Air were built in the 1960s and 70s, when good lots were plentiful, and therefore many of them have stunning views. Some of the homes have been renovated/updated in recent years while others retain their vintage charm. Long overdue, the streets in Skyline Bel Air were recently repaved, and oh what a difference that made, giving the whole neighborhood a fresh new look. Which I'm sure has contributed greatly to making Skyline Bel Air a desirable place for home buyers.


Coronado Foothills Estates
11 Sold // $695,000 MSP // 7 MDOM
With its location high up in the Catalina Foothills many homes in Coronado come with spectacular mountain & city views. And with homes built from the 1960's to the 2000's and from about 1600sf up to 6000sf, Coronado offers a wide range of choices in a spectacular setting.


Skyline Country Club Estates
6 Sold // $1,165,000 MSP // 40 MDOM
Skyline CC is a unique and special place in the Catalina Foothills. It's full of character and charm, with stunning views and homes in a variety of architectural styles. There's also a golf course running through it, clay tennis courts and an imposing country club facility. Most of the homes were built in the 1960's and 70's some of which have been renovated and updated, while others have been rebuilt from the ground up. Skyline CC is not for everyone, but if you're looking for a place with a lot of personality, a great location and stunning views, Skyline CC deserves your attention.
_____________________________________________________________

That's it for now.
I will continue with more subdivision snapshots in a few days.

I hope you found the snapshots informative and helpful. 
If you have a question or would like my help navigating the Catalina Foothills market I look forward to hearing from you.

Thank you, and Take Care

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In Contract Last Week, 8/21 - 8/27/2023

From Monday August 21 thru Sunday August 27, 12 single family homes went to contract in the Catalina Foothills of Tucson, AZ, 85718 / 85750     (link expires 9/30/2023)

2 were listed at $539,000 & $599,000
5 from $605,000 to $850,000
5 from $1,175,600 to $2,195,000

And once again, the ones that are going to contract are going quickly - this group did it in 14.5 MDOM

Thanks for stopping by!
John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In The Foothills Today, 8/28/2023

88 homes for sale in The Foothills Today priced from $430,000 to $12,500,000
Median List Price (MLP) is $1,095,000 // MDOM is 67

Overall the supply of homes is still very tight, just 1 - 2 months of inventory (MOI) at most price points, with the exception of homes listed from $1.5m & UP where the MOI is higher.   Check out the latest numbers in the  Market Snapshot 

62 homes sold in the last 30 days at $782,000 MSP for 97.29%/original list price in 12 median MDOM

that is, -9% MSP from the same 30 day period last year when
53 homes sold at $859,000 MSP for 98.8 %/original list price in10 MDOM
(sold links expire 9/27/2023)

-9% is a big drop but it's also the result of just 30 days sales, (IMO) that's too short a time period to bank on. I like to see 3 months of sales to have confidence in the numbers. 

Easily done, let's look at June 1 thru August 28 for 2022 & 2023

2022 - 162 sold // $844,997 MSP // 5 MDOM

2023 - 158 sold // $800,000 MSP // 12 MDOM

2023 MSP is down -5.32% from 2022

There we go, -5.32% from last year at this time is where median sold prices are in the Foothills Today.

On the bright side, the worst of summer is behind us, thank goodness!

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

n Contract Last Week, 8/14 - 8/20/2023

From Monday August 14 thru Sunday August 20, 13 single family homes went to contract in the Catalina Foothills of Tucson, AZ, 85718 / 85750  (link expires 9/24/2023)

5 were listed from $389,000 to $580,000
5 from $645,000 to $850,000
3 from $1,267,000 to $1,650,000

the 13 homes went to contract in just 14 MDOM, in the middle of August, no less!

  Thanks for stopping by!
John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

2023 - The First 7 Months

The following table shows Catalina Foothills (85718/85750) Single Family Home Sales data  for Jan - July of each year from 2019 - 2023.
The sales figures represent homes sold by the Realtors® of the Multiple Listing Service of Southern Arizona, the MLSSAZ.
MSP-Median Sold Price // DOM-Days on Market

Year	# Sold	MSP	DOM
2019	543	$495,000	33
2020	529	$550,000	25
2021	614	$692,250	6
2022	467	$778,505	5
2023	384	$777,638	15

In the report for The First 5 Months I noted that the MSP had slipped -0.30% from 2022 to 2023 and ventured that there would be further slippage when I post the numbers thru June & July. But here we are with the numbers thru July and the slight price slippage noted back then has shrunk (to -0.111%) rather than grown. 

Say goodbye to homes priced in the $200k range.
During the first 7 months - of 2019 35 homes sold from $200k to $299k - by 2021 that number dropped to 8 homes sold $200k - $299k. And by 2022 nothing sold in the $200k range, $200k homes got inflated to $300k and up. Lowest price sale in 2019 was $208,300, in 2022 it was $340,000. 

Thanks for stopping by!
John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In Contract Last Week, 8/7 - 8/13/2023

From Monday August 7 thru Sunday August 13, 11 single family homes went to contract in the Catalina Foothills of Tucson, AZ, 85718 / 85750  
(link expires 9/15/2023)

4 were listed from $335,000 to $585,500
3 from $700,000 to $890,000
4 From $1,195,000 to $2,100,000

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In Contract Last Week, 7/31 - 8/6/2023

From Monday July 31 thru Sunday August 6, 10 single family homes went to contract in the Catalina Foothills of Tucson, AZ, 85718 / 85750  (link expires 9/9/2023)

5 were listed from $650,000 to $950,000
5 from $1,150,000 to $2,000,000

And that's it, nothing under $600k went to contract.
Blame it on August!

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In The Foothills Today, 8/8/2023

91 homes for sale in the Foothills Today priced from $335,000 to $12,500,000 - something for everyone!

Overall there is still a very low supply of homes, just 1 - 2 months of inventory (MOI) at all price points, except for $2M+ where it's back up to 15 MOI)    Check out the latest numbers in the  Market Snapshot 

51 homes sold in the last 30 days at $825,000 MSP for 97.9% /original list price in 15 DOM

that is, -1.5% MSP from the same 30 day period last year when,
52 homes sold at $837,500 MSP for 98.8 %/original list price in 7 DOM

Record high heat, high interest rates, low inventory and it's still a very tight market here in the Catalina Foothills
CLICK HERE for June's numbers 

 

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In Contract Last Week, 7/24 - 7/30/2023

From Monday July 24 thru Sunday July 30, just 7 single family homes went to contract in the Catalina Foothills of Tucson, AZ, 85718 / 85750  
(link expires 9/2/2023)

2 were listed at $425,000 & $510,000
2 at $600,000 & $635,000
3 at $1,089,000, $1,400,000 & $1,550,000

Whoops! a super slow week for contracts

What was it, the heat, the unexpected and unwelcome rise, to 6.98%, in mortgage interest rates that week, or, just one of those weeks

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

Catalina Foothills Home Sales at $1,000,000+ Are Growing

In the last few years home sales at $1,000,000+ have risen from years of sales at a trivial 6 or 7 % of the single family homes sold in the Catalina foothills to a pretty significant 27% of the homes sold last year. 

Year	# Homes Sold All Prices	# Homes Sold  $1,000,000+	% Homes Sold  $1,000,000+
2016	828	53	6.4%
2017	898	53	5.9%
2018	823	62	7.5%
2019	876	60	6.8%
2020	930	86	9.2%
2021	962	183	19%
2022	715	196	27%

And so far this year, thru 7/31/2023, 383 homes have sold including 109 that sold for $1,000,000+, bringing the % of homes sold at $1,000,000+ to a new high of 28.4%.  And even with interest rates ranging from 5% - 7%, 59 of the $1,000,000+ home buyers nevertheless stepped up and took a mortgage.

 

John Schneider /Realtor®
Tierra Antigua Realty
[email protected]
520 271-4164

 TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In Contract Last Week, 7/17 - 7/23/2023

From Monday July 17 thru Sunday July 23, 16 single family homes went to contract in the Catalina Foothills of Tucson, AZ, 85718 / 85750  
(link expires 8/25/2023)

5 were listed from $415,000 to $599,000
9 from $675,000 to $995,000
2 at $1,175,600 & $1,650,000

BAM! another busy week for buyers and sellers.

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

In Contract Last Week, 7/10 - 7/16/2023

From Monday July 10 thru Sunday July 16, 14 single family homes went to contract in the Catalina Foothills of Tucson, AZ, 85718 / 85750  
(link expires 8/23/2023)

2 were listed at $539,000 and $595,000
9 from $600,000 to $925,000
3 from $1,650,000 to $1,950,000

14 to contract in mid July continues to show there are motivated, persevering buyers willing to brave our HOT summer weather in order to find a home to buy. And no doubt there are other buyers who are still looking and not finding due largely to the scant supply of homes for sale. 
Which, though it's not new news, is very much still with us.

Today there are 89 single family homes for sale
July 2022 there were 116 for sale
July 2021 there were 81 for sale
July 2020 there were 162 for sale
July 2019 there were 267 for sale - which until Covid hit was more or less the "normal" or usual number of homes for sale - 3X todays numbers. 
*I save a copy of each months Market Snapshot and are able to pull the monthly market data from those saved records. 

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

24 Homes Sold in the Last 2 Weeks (7/3 - 7/16/2023)

What were they Listed & Sold for?

Listed	Sold
412,000	412,000
435,000	450,000
500,000	495,000
549,000	550,000
525,000	550,000
575,000	553,000
575,000	575,000
725,000	725,000
775,000	740,000
779,000	750,000
750,000	754,000
765,000	780,000
849,000	820,000
799,900	820,000
1,010,000	982,500
995,000	1,000,000
1,100,000	1,045,000
1,050,000	1,050,000
1,095,000	1,150,000
1,175,000	1,175,000
1,300,000	1,200,000
1,350,000	1,300,000
1,800,000	1,675,000

 

Oddly enough, with the short supply of homes pushing prices up and high interest rates pushing them down, it feels like it's working out to be a strong yet fairly balanced market. With the 24 homes selling at, close to or slightly over list price with no fire sales and nothing going for wildly over list.

24 Homes Sold
(link expires 8/17/2023)

 5 (21%) Sold at List Price 
11 (46%) Sold under List Price 
 8 (33%) Sold over List Price 

24 Sold at $800,000 MSP - in 15.5 MDOM

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

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

TheFoothillsToday.com
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)

out of nowhere

Within minutes it went from being just another bright, hot, sunny afternoon to >

And the wash along the west side of my house is now a raging river

The 1st monsoon storm of the season.
It wasn't predicted but it sure was needed. The desert and the desert critters are getting  a much needed big drink and a reprieve from the triple digit temperatures.

Enjoy it

John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
[email protected]
520 271-4164

 TheFoothillsToday.com 
to see all the homes for sale in the Catalina Foothills 
(and only in the Catalina Foothills)