April is my favorite month of the year in Southern Arizona. A time when it seems that even the most unattractive cactus is transformed into a thing of exceptional beauty. When we want, more than anything, to brave those prickly beasts to touch their exquisite flowers. While the desert around us bloomed, the real estate market continued to flower in its own right as well. There were 112 houses sold in April as compared to
the 115 that were sold in the month of March. On a year to date (YTD) basis 2011 continued to out perform 2010 with 375 sales vs. 364.
The average selling price continues to hover in the low $160,000 range as illustrated in the table below:
AVERAGE SELLING PRICE YTD FOR 2011:
| JANUARY 2011 | $162,340 |
| FEBRUARY 2011 | $164,457 |
| MARCH 2011 |
$161,548 |
| APRIL 2011 | $162,586 |
AVERAGE SELLING PRICE YTD FOR 2010:
| JANUARY 2010 | $157,727 |
| FEBRUARY 2010 | $163,604 |
| MARCH 2010 | $158,559 |
| APRIL 2010 | $162,666 |
| MAY 2010 | $162,135 |
| 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 April 30, 2011 were as follows:
|
GREEN VALLEY (includes Quail Creek & surrounding subdivisions) |
664 |
|
SAHUARITA (includes subdivisions N of Duval Mine Road & Duval Mine Rd. |
84 |
|
AREAS S & SE & SW OF GREEN VALLEY (includes Elephant Head, Amado, Aravaca, Montana Vista & Lakewood) |
13 |
|
AREAS N & NE & NW OF SAHUARITA (includes Vail, Curley, Horn Ranch, Ocotillo Ranch, etc) |
8 |
|
TUBAC & TUMACACORI |
50 |
| RIO RICO | 18 |
| OTHER: INCLUDING TUCSON, NOGALES ETC. | 2 |
112 homes were sold in April 2011 as compared to 115 in March 2011. The breakdown, by area, for those sales were as follows:
| GREEN VALLEY | 90 |
| SAHUARITA |
17 |
| TUBAC |
2 |
| VAIL, NOGALES, RIO RICO, ARIVACA/AMADO | 3 |
Following is the 2010 to 2011 year-to-date comparison for the time period of January 1 through April 30, 2011:
| 2010 | 2011 | |
| Houses Sold | 364 | 375 |
| Days On Market | 166 | 179 |
| Average Selling Price | $162,666 | $162,586 |
| Median Price | $150,000 | $145,000 |
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