As abundant as the lovely spring flowers that made their appearance in the Greater Green Valley area in the month of March, were real estate sales, which nearly doubled from 63 in February to 112.  However, not all of the real estate news was as welcome as the colorful flowers covering our desert floor, since the average selling price continued to decline from a year to date comparsion of $186,618 in 2009 to $158,559. 

There were 855 Active Listings in the Green Valley area at the end of March 2010 as compared to 860 at the end of March 2009.   Another dramatic drop between March 2009 and March 2010 was the average listing price which changed from $285,676 in 2009 to $253,590 in 2010. 

The breakdown for the active residential listings as of March 31, 2010 were as follows:

GREEN VALLEY

(includes Quail Creek & surrounding subdivisions)

678

SAHUARITA

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

  96

AREAS S & SE & SW OF GREEN VALLEY

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

  21

AREAS N & NE & NW OF SAHUARITA

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

    3

TUBAC & TUMACACORI

 

  62
TUCSON     1
RIO RICO   22

OTHER

(includes Nogales, etc)

    2
   

Between March 1-31, 2010 there were 112 homes sold, a healthy increase from 63 in February, 2010.  The breakdown by area for those sales were as follows:

GREEN VALLEY                                                93
SAHUARITA 12
TUBAC   5
VAIL, NOGALES, RIO RICO, ARIVACA/AMADO   2

Following is the 2009 to 2010 year-to-date comparison for the time period of January 1 through March 31:

  2009 2010
Houses Sold 214 226
Days On Market 164 163
Average Selling Price $186,618 $158,559
Median Price $165,500 $142,250