Roller CoasterOctober resembled a roller coaster with both ups and downs for the greater Green Valley Real Estate market.  As is typical for this time of the year, the number of active listings skyrocketed from 766 in September to 833 in October while during the same time period the average listing price dropped to $224,795 from $240,356 in September. 

A glimmer of hope lies in the average selling price which has shown signs of recovery since January.

AVERAGE SELLING PRICE BY MONTH FOR 2010:

JANUARY 2010 $160,589
FEBRUARY 2010 $164,601
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

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

GREEN VALLEY

(includes Quail Creek & surrounding subdivisions)

688

SAHUARITA

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

  93

AREAS S & SE & SW OF GREEN VALLEY

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

  18

AREAS N & NE & NW OF SAHUARITA

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

    5

TUBAC & TUMACACORI

  60
   
RIO RICO   15

OTHER

(includes Tucson, Nogales, etc)

    4
   

Number of homes sold in October were on par at 40 with the number sold in September.  The breakdown by area for those sales were as follows:

GREEN VALLEY                                                28
SAHUARITA

10

TUBAC
 
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 October 31, 2010:

  2009 2010
Houses Sold 618 662
Days On Market 163 172
Average Selling Price $180,080 $168,547
Median Price $160,000 $150,000

         JUDI MONDAY, CRS         

520-241-7780

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