Green Valley, AZ March 2011 Real Estate Statistics
Green was the theme for March as the trees began getting their leaves and the real estate market boomed with 115 sales for the month as compared to 90 sales in February. On a year to date (YTD) comparison basis there is definitely cause for celebration as there have been 261 sales to date in 2011 as compared to 228 for the same time period in 2010.
However, the average selling price did dip slightly to $161,548 as compared to $164,457 in February, but continues to show a slight recovery as compared to the same time period in 2010 as illustrated in the table below:
AVERAGE SELLING PRICE YTD FOR 2011:
| JANUARY 2011 | $162,340 |
| FEBRUARY 2011 | $164,457 |
| MARCH 2011 | $161,548 |
AVERAGE SELLING PRICE YTD FOR 2010:
| JANUARY 2010 | $157,727 |
| FEBRUARY 2010 | $163,604 |
| MARCH 2010 | $158,559 |
| APRIL 2010 | $164,599 |
| 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 March 31, 2011 were as follows:
|
(includes Quail Creek & surrounding subdivisions) |
739 |
|
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) |
17 |
|
AREAS N & NE & NW OF SAHUARITA (includes Vail, Curley, Horn Ranch, Ocotillo Ranch, etc) |
9 |
|
TUBAC & TUMACACORI |
59 |
| RIO RICO | 19 |
| OTHER: INCLUDING TUCSON, NOGALES ETC. | 3 |
115 homes were sold in March 2011 as compared to 90 in February 2011. The breakdown, by area, for those sales were as follows:
| GREEN VALLEY | 101 |
| SAHUARITA |
9 |
| TUBAC |
3 |
| VAIL, NOGALES, RIO RICO, ARIVACA/AMADO | 2 |
Following is the 2010 to 2011 year-to-date comparison for the time period of January 1 through March 31, 2011:
| 2010 | 2011 | |
| Houses Sold | 228 | 261 |
| Days On Market | 162 | 167 |
| Average Selling Price | $159,312 | $161,548 |
| Median Price | $142,250 | $145,000 |
JUDI MONDAY, CRS
520-241-7780
