As is typically the case, when the temperatures begin to climb, sales drop. There were 67 homes sold in the month May, a considerable dip from the 112 sold in April. Sales remain slightly ahead in 2011 at 444 for the year versus 441 for the same time period in 2010.
Another positive note for this month was the fact that the average selling price climbed from the low $160,000 to $175,595:
AVERAGE SELLING PRICE YTD FOR 2011:
JANUARY 2011 | $162,340 |
FEBRUARY 2011 | $164,457 |
MARCH 2011 |
$161,548 |
APRIL 2011 |
$162,586 |
May 2011 | $175,595 |
AVERAGE SELLING PRICE YTD FOR 2010:
JANUARY 2010 | $157,727 |
FEBRUARY 2010 | $163,604 |
MARCH 2010 | $158,559 |
APRIL 2010 | $162,666 |
MAY 2010 | $178,462 |
JUNE 2010 | $165,334 |
JULY 2010 | $167,056 |
AUGUST 2010 | $167,884 |
SEPTEMBER 2010 | $167,543 |
OCTOBER 2010 |
$168,547 |
NOVEMBER 2010 |
$169,476 |
DECEMBER 2010 | $168,477 |
The breakdown for the active residential listings as of May 31, 2011 were as follows:
GREEN VALLEY (includes Quail Creek & surrounding subdivisions) |
624 |
SAHUARITA (includes subdivisions N of Duval Mine Road & Duval Mine Rd. |
82 |
AREAS S & SE & SW OF GREEN VALLEY (includes Elephant Head, Amado, Aravaca, Montana Vista & Lakewood) |
16 |
AREAS N & NE & NW OF SAHUARITA (includes Vail, Curley, Horn Ranch, Ocotillo Ranch, etc) |
6 |
TUBAC & TUMACACORI |
43 |
RIO RICO | 18 |
OTHER: INCLUDING TUCSON, NOGALES ETC. | 2 |
67 homes were sold in May 2011 as compared to 112 in March 2011. The breakdown, by area, for those sales were as follows:
GREEN VALLEY | 51 |
SAHUARITA |
7 |
TUBAC |
5 |
VAIL, NOGALES, RIO RICO, ARIVACA/AMADO | 4 |
Following is the 2010 to 2011 year-to-date comparison for the time period of January 1 through May 31, 2011:
2010 | 2011 | |
Houses Sold | 441 | 444 |
Days On Market | 167 | 178 |
Average Selling Price | $178,462 | $175,595 |
Median Price | $159,000 | $157,250 |
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