Green Valley's Newest Community--Solterra By Fairfield & Dorn Homes

Sales slowed in the month of June for the Green Valley, Arizona Real Estate market with 66 homes sold as compared to 110 in the month of May.   However, the market continues to outperform last year with YTD sales at 599 as compared to 502 in 2011.  This increase in sales has not yet translated into improved prices as the graphs below illustrate:  

AVERAGE SELLING PRICE YTD FOR 2012:

JANUARY 2012 $161,976
FEBRUARY 2012 $161,220
MARCH 2012 $153,228
APRIL 2012 $152,399
MAY 2012 $153,716
JUNE 2012 $153,902
JULY 2012  
AUGUST 2012  
SEPTEMBER 2012  
OCTOBER 2012  
NOVEMBER 2012  
DECEMBER 2012  

 

AVERAGE SELLING PRICE YTD FOR 2011:

JANUARY 2011     $163,012
FEBRUARY 2011 $165,364
MARCH 2011 $161,798
APRIL 2011 $163,198
MAY 2011 $163,814
JUNE 2011 $164,866
JULY 2011 $162,542
AUGUST 2011 $160,017
SEPTEMBER 2011 $158,840
OCTOBER 2011 $157,624
NOVEMBER 2011 $157,021
DECEMBER 2011 $156,797

The breakdown for the active residential listings as of June 30, 2012 were as follows:

Green Valley

(includes Quail Creek & surrounding subdivisions)

 465

SAHUARITA

(includes subdivisions N of Duval Mine Road & Duval Mine Rd.

   26

AREAS S & SE & SW OF Green Valley

(includes Elephant Head, Amado, Aravaca, Montana Vista & Lakewood)

   11

AREAS N & NE & NW OF SAHUARITA

(includes Vail, Curley, Horn Ranch, Ocotillo Ranch, etc)

     0

TUBAC & TUMACACORI

  33
RIO RICO     3
OTHER: INCLUDING TUCSON, NOGALES, ETC.     4

66 homes were sold in June 2012 as compared to 110 in May 2012.  The breakdown, by area, for those sales were as follows:

GREEN VALLEY                                                  54

SAHUARITA

    7
TUBAC     4
TUCSON, VAIL, NOGALES, RIO RICO, ARIVACA/AMADO     1

Following is the 2011 to 2012 year-to-date comparison for the time period of January 1 through June 30:

  2011 2012
Houses Sold 502  599
Days On Market 178 179
Average Selling Price $164,866 $153,902
Median Price $147,000 $138,600