While July brought spectacular Monsoon activity to the Green Valley, Arizona area, it was a less than stellar selling month.  In fact, at 34 homes sold in July 2010, this was nearly 1/2 the 56 sold in July 2009.  On a more positive note, the average sales price showed a slight increase over last month:  $167,056 as compared to $165,334 but continues to lag behind the average selling price of $183,801 for the same time period last year. 

 The number of active listings remained relatively stable at 785, and the average listing price in July was $246,850 as compared to $248,810 in June. 

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

GREEN VALLEY

(includes Quail Creek & surrounding subdivisions)

580

SAHUARITA

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

  95

AREAS S & SE & SW OF GREEN VALLEY

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

  20

AREAS N & NE & NW OF SAHUARITA

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

    2

TUBAC & TUMACACORI

 

  64
TUCSON     1
RIO RICO   23

OTHER

(includes Nogales, etc)

    0
   

There were 39 homes sold in July 2010, down from 55 sold in June.  The breakdown by area for those sales were as follows:

GREEN VALLEY                                                34
SAHUARITA   4
TUBAC   0
VAIL, NOGALES, RIO RICO, ARIVACA/AMADO   1

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

  2009 2010
Houses Sold 494 538
Days On Market 169 174
Average Selling Price $183,801 $167,056
Median Price $164,000 $151,250