33 single family homes sold in the last 30 days (a measly amount)
27 sold from $0 to $599,999
4 sold from $600,000 to $999,999
2 sold from $1,000,000 & up
the average/median sold price of this group is $416,645/$311,000 @ $153/sf
while the average/median list price of the 488 homes for sale is $791,115/$559,000
@ $213/sf – or an average list price that is 90% higher than the average sold price
and with 488 for sale and just 33 sold in the last 30 days we’re looking at more than 14 months of inventory. That’s in the Tucson Foothills today. Tomorrow, who knows.
But there are a lot of homes in escrow, 82 at the moment. And if a high percentage of them actually close, then things will start to look better. see> what’s selling
see thefoothillsToday.com
to find your Foothills home
