June 2011 was a month for the history books as Arizona battled one of the worst wildfire seasons in its history.  Despite the major fires raging throughout the state, real estate sales remained almost on par with May's numbers--62 sales in June as compared to 67 in May.  Interstingly, the number of sales year to date for 2011 are identical to the same time period in 2010 at 499. 

The average selling price YTD continues to bump along.  Despite a dip in June, it remains consistent with 2010, providing a glimmer of hope that the market is stablizing: 

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

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 $167,056
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 June 30, 2011 were as follows:

Green Valley

(includes Quail Creek & surrounding subdivisions)

594

SAHUARITA

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

  77

AREAS S & SE & SW OF GREEN VALLEY

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

  12

AREAS N & NE & NW OF SAHUARITA

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

    5

TUBAC & TUMACACORI

  43

RIO RICO   19
OTHER: INCLUDING TUCSON, NOGALES ETC.     4

62 homes were sold in June 2011 as compared to 67 in May 2011.  The breakdown, by area, for those sales were as follows:

GREEN VALLEY                                                51
SAHUARITA

  7

TUBAC
  3
VAIL, NOGALES, RIO RICO, ARIVACA/AMADO   1

Following is the 2010 to 2011 year-to-date comparison for the time period of January 1 through June 30, 2011:

  2010 2011
Houses Sold 499 499
Days On Market 171 177
Average Selling Price $165,693 $165,340
Median Price $150,000 $147,000

 

          JUDI MONDAY, CRS         

520-241-7780

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