The Latest - Tucson Foothills Sales Activity 8/13

Here's the broad picture of sales activity - from the Tucson Assoc of Realtors MLS, for single family homes in the Tucson Foothills,during the past two weeks, that's 7/31 thru 8/13.This activity took place against a base of 361 homes currently listed for sale (priced from $225,000 - $22,000,000) yes $22 million!

New Listings = 55 (priced from $235,000- $4,100,000)
Homes gone under contract = 21 (priced from $299,900 - $2,495,000)
Homes Sold = 37 (priced $245,000 - $2,400,000)
Price Reductions = 35
Price Increases = 1
Expired Listings = 12
Withdrawn Listings = 29

This is an improvement from the previous 2 weeks. (for previous 2 weeks see The Latest - ...) There's been more positive activity, more sales. In this 2 week period there have been fewer new listings (17 fewer), more homes gone under contract (5 more), more homes sold (14 more).
There have been fewer price reductions (9 fewer) - depends on your point of view if that's good or not, fewer price increases (4 fewer) - that's a good thing in this climate, more expired listings (5 more), and more withdrawn listings (9 more), that's not soo good. Two weeks ago there were 377 homes listed for sale, today there are 361.
All in all it looks like a slow creeping improvement in the sales climate. And it's across a broad price range which is encouraging. Let's see if it holds, and maybe even improves, again. Would that be the start of a trend?