The following is a snapshot of the single family home market in a variety of subdivisions across the Catalina Foothills of Tucson, AZ.
The sold activity represents the period from Jan 1 - Oct 20, 2018.
Click any highlighted subdivision names to see all the homes currently for sale – continuously updated.
Alta Vista
8 homes for sale from $599,000 to $1,242,000
median list price $$992,000
2 homes in contract at $790,000 & $975,000
13 homes sold from $544,300 to $1,285,000
median sold price $800,000
With approximately 6 months inventory AV is (what real estate gurus call) a balanced market.
Foothills Clusters
1 home for sale at $359,900
2 in contract at $275,000 & $412,500
14 sold from $266,100 to $410,000
median sold price $312,500
With homes flying off the shelf (the 14 homes sold in 14 median days on market) and just 1 for sale it is a strong sellers market.
Skyline Bel Air
12 homes for sale from $390,000 to $779,000
median list price $599,950
1 in contract at $445,000
a whopping 23 homes sold this year - from $380,000 to $680,000
median sold price $480,000
With 12 for sale and 23 sold SBA is sitting on approx a 5 month supply of homes,= a fairly balanced market. Also, at 34 median days on market they sold quickly. Also also - during the same period in 2017 28 homes sold at a median sold price of $422,000 - so a nearly 14% jump in sold price in 1 year.
Shadow Hills
4 homes for sale from $479,000 to $575,000
median list price $536,000
4 in contract from $439,900 to $729,900
16 sold from $360,000 to $775,000
median sold price $592,500
4 for sale and 16 sold works out to a squeaky tight 2.5 month supply of homes in one of the most popular subdivisions in the Catalina Foothills. And get this, they sold in just 7 median days on market.
Pima Canyon
10 homes for sale from $1,100,000 to $2,195,000
median list price $1,674,500
1 in contract at $1,175,000
worth noting, it went to contract in just 18 days
10 sold from $990,000 to $2,331,000
median sold price $1,207,500
10 for sale and 10 sold in (nearly) 10 months = a ( you guessed it) 10 month supply of homes for sale, a buyers market....so they say.
Sin Vacas (not including Villa Milano)
10 for sale from $585,000 to $1,200,000
median list price $800,100
1 in contract at $675,000
4 sold from $500,000 to $800,000
median sold price $616,500
10 for sale, 4 sold in 10 months = a 25 month supply of homes - Yikes! a strong buyers market
La Paloma
17 homes for sale from $325,000 to $729,000
median list price $565,000
1 in contract at $749,000
and, the envelope please
38 homes sold so far this year from $270,000 to $1,040,000
median sold price $462,500
17 for sale, 38 sold = a tad more than a 4 month supply of homes for sale - a sellers market,
Flecha Caida
5 homes for sale from $349,900 to $750,000
median list price $550,000
5 in contract from $365,000 to $695,000
21 homes sold from $340,100 to $1,250,000
median sold price $577,500
Yikes! with just 5 homes for sale and 21 sold this year Flecha is looking at a tad over a 2 month supply of homes for sale = a big sellers market - and with median sold prices higher than median list prices. And they sold in just 42 median days on market.
You know you're in a hot market when a home in Flecha sells for $1,250,000. Why? well, since January 2010 189 homes have sold in Flecha - 189, and during that time only 2 homes, this one and one other home, have sold for $1million or more. Why? because the median sold price in Flecha, for that period (Jan 1, 2010 til 10/25/18) is $393,000.
During the boom years (2005 - 2007) it was not uncommon for builders to put up homes with $million+ price tags in much lower priced communities - and while a few of them did sell many of them didn't and went to foreclosure. And a few years later, when the buyers of those few homes that did sell tried to sell them again, they found that post-boom buyers were not eager to spend $1million for a home in a community where the median sale price was so much lower.
Skyline Country Club
19 homes for sale from $600,000 to $1,850,000
median list price $829,000
3 homes in contract from $699,000 to $1,500,000
19 homes sold from $460,000 to $2,152,700
median sold price $890,000
with 19 for sale and 19 sold in approx 10 months Skyline is sitting on a 10 month supply of homes - on paper, a sellers market. Though, if I were a buyer, I would look closer at the various price points in Skyline to see where they're selling and where they're not....
Catalina Foothills Estates 10
4 homes for sale from $938,000 to $2,249,000
median list price $1,322,500
none in contract
7 sold from $775,000 to $1,800,000
median sold price $905,000
approximately 6 month supply of homes in Cat 10 = a balanced market... so they say
Fairfield
just 2 homes for sale at $426,000 & $480,000
median list price $453,000
6 homes in contract from $340,000 to $544,000
24 sold so far this year, from $315,500 to $659,200
median sold price $437,000
With those numbers, on paper Fairfield has less than a one month supply of homes for sale. And they sold fast - 19 median days on market. Needless to say, if you want Fairfield you will need to act quickly and make a strong offer.
Sabino Mountain
3 for sale from $410,000 to $1,150,000
median list price $679,000
1 in contract at $360,000
7 sold from $355,000 to $805,000
median sold price $483,000
currently, about a 4 month supply of homes on Sabino Mountain
Ventana Country Club
14 homes for sale from $595,000 to $1,550,000
median list price $897,000
4 in contract from $525,000 to $1,399,000
30 sold from $340,000 to $3,250,000
median sold price $677,000
A banner year for home sales in Ventana - currently, with a 4 - 5 month supply of homes for sale.
Thanks for tuning in, I hope it has been informative and helpful.
Contact me if you have any questions.
see all the homes for sale in the Catalina Foothills
at TheFoothillsToday.com
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