The Latest - Tucson Foothills Home Sales, 3/14

Here's a look at the sales activity for single family homes in the Tucson Foothills during the past two weeks - that's 3/1 - 3/14/07. This activity took place against an average of 445 homes listed for sale during this period -priced from $235,000 to $22,000,000.
We're well into our winter sales season for homes in the Tucson Foothills, and yet, while the sales numbers are not bleak, they continue to be disappointing for this time of year.
Here's how it is,
New Listings = 69 (priced from $250,000 - $2,000,000)
Homes gone under contract = 35 (priced from $255,000- $2,875,000)
Homes Sold = 22 (priced $319,000 - $1,275,000)
Price Reductions = 36
Price Increases = 2
Expired Listings = 10
Withdrawn Listings = 19
About twice as many New Listings as homes going under contract, three times as many New Listings as homes Sold, and still lots of Price Reductions.     
For sales for previous two week periods see
The Latest - Tucson Foothills Home Sales, 2/25