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The Year ended with mixed results for the Real Estate market.  On a positive note, sales were up as compared to 2010 with 824 in 2011 vs. 771 in 2010.  Days on market climbed slightly from 169 in 2010 to 176 in 2011.   Proving that the market has not yet stabilized, the average selling price dropped to $156,767 in 2011, down from $168,477 in 2010. 

December definitely showed that the high season may be a great one with 64 sales for the month as compared to 48 sold in November.   I can tell you that my 2012 has gotten off to a great start as several of my Sellers can attest to since they are now sporting "Under Contract" signs in front of their house. 

If you are thinking of selling your Green Valley AZ home give me a call, I'd love to hang an Under Contract if front of YOUR house.

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

June 2011

$165,340

July 2011 $162,542
August 2011 $160,017
September 2011 $158,840
October 2011 $157,624
November 2011 $157,021
December 2011 $156,797

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 $165,693
JULY 2010 $167,440
AUGUST 2010 $167,884
SEPTEMBER 2010 $165,657
OCTOBER 2010 $168,547
NOVEMBER 2010

$169,387

DECEMBER 2010 $168,477

The breakdown for the active residential listings as of December 31, 2011 were as follows:

GREEN VALLEY

(includes Quail Creek & surrounding subdivisions)

736

SAHUARITA

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

  48

AREAS S & SE & SW OF GREEN VALLEY

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

  10

AREAS N & NE & NW OF SAHUARITA

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

    4

TUBAC & TUMACACORI

  43

RIO RICO   12
OTHER: INCLUDING TUCSON, NOGALES, ETC.     4

64 homes were sold in December 2011 as compared to 48 in November 2011.  The breakdown, by area, for those sales were as follows:

GREEN VALLEY                                                56
SAHUARITA

  6

TUBAC   2
Tucson, VAIL, NOGALES, RIO RICO, ARIVACA/AMADO   0

Following is the 2010 to 2011 year-to-date comparison for the time period of January 1 through December 31, 2011:

  2010 2011
Houses Sold 771 824
Days On Market 169 176
Average Selling Price $168,477 $156,797
Median Price $150,000 $141,048

                  JUDI MONDAY, CRS         

520-241-7780

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