On a year to year comparison, sales remained strong in the month of May, with 84 closed transactions as compared to 66 in May of 2009.  However sales did their traditional seasonal dip this month with a 50% drop from 127 closed transations in April 2010.  The average sales price continues to trail last year at $162, 135 YD in 2010 as compared to $185,243 YTD in 2009. 

On a somewhat positive note there were 794 Active Listings in the Green Valley area at the end of May 2010 as compared to 856 at the end of May 2009.   Average list price remained dipped slightly to $248,779 as compared to  $253,239 in April.

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

GREEN VALLEY

(includes Quail Creek & surrounding subdivisions)

609

SAHUARITA

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

  78

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

 

  58
TUCSON     1
RIO RICO   23

OTHER

(includes Nogales, etc)

    3
   

There were 84 homes sold in May 2010, up from 112 in March. The breakdown by area for those sales were as follows:

GREEN VALLEY                                                70
SAHUARITA   8
TUBAC   4
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 May 31, 2010:

  2009 2010
Houses Sold 362 448
Days On Market 166 171
Average Selling Price $185,243 $162,135
Median Price $161,500 $150,000