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Tag Archives: Foothills homes for sale
2011 1st Quarter Market Update
Below find the 1st quarter (Jan.-Mar.), 2011 housing results, for the Foothills and Oro Valley. I have compared the 1st quarter 2011 results to 2010, to provide an overview of the market’s current condition compared to last year.
Foothills March 2011 Housing Report
As of March 2011 active inventory was 759, a 3% increase from March 2010. There were 100 closings in March 2011, 2% below March 2010. Months of Inventory was 7.6, up from 7.2 in March 2010. Median price of sold homes was $285,000 for the month of March 2011, down 19% from March 2010. The North area had 108 new properties under contract in March 2011, up 27% from March 2010. Continue reading
Are foreclosures pushing prices down?
The Arizona Daily Star published an excellent article today about falling home prices in Tucson. According to The Star, the medium price of a home in all of Tucson, dropped 21% in March 2011, compared to March 2010. The medium sale price in March was $125k, down from $157,680 the previous March. The Star’s article noted that bank owned properties (foreclosures) in the lower price range pushed prices down Continue reading
I just coated my roof before the summer rains!
Roof coating in Tucson can extend the overall life of your roof for many years, all while reducing your home’s energy costs. Roof coating renews the overall surface of the roof by filling in cracks. It is crucial to fill in these cracks before the monsoons arrive. Doing so can save you serious money in the long run and prevent water damage to your roof and home from the monsoon rains Continue reading
January 2011 home sales in the Foothills
In January 2011, 33 home sales closed in the Foothills. The average sale price was $447,165, with a low of $175,000 and a high of $1,517,250. Currently, there are 476 homes for sale in the Foothills with an average list price of $801,543 and low of $79,900 and a high of $9,995,000. Continue reading
The Canyons divide even greater!
Currently, there are 6 homes in The Canyons for sale with an avg. asking price/sqft of $557.71. The medium price of a home in The Canyons is $3.49 million.
Problem is, there have only been 2 homes, in all of Tucson that have sold for over $2million in all of 2010. Neither of these homes sold for more than $2.2million.
Continue reading
The Pima Canyon divide!
Currently there are 19 homes for sale in Pima Canyon with an average asking price of 402.09/sqft. Only 3 of there homes are below $1mm.
Problem is, only 3 homes have sold in, in Pima Canyon, over the past 6 months with an avg. selling price of $324.52/sqft. Two of the homes that sold had a price reduction of over $1mm.
Continue reading
Foothills housing market July 2010
As of July 2010 active inventory was 713, virtually unchanged from July 2009. There were 70 closings in July 2010, 23% below July 2009. Months of Inventory was 10.2, up from 7.9 in July 2009. Median price of sold homes was $360,350 for the month of July 2010, down 9% from July 2009. There were 95 new properties under contract in July 2010, up 23% from July 2009 Continue reading