To view the eight homes that have sold this year click on 2011 Sabino Mountain Sales.
It should be noted the home on 4493 Little Rock that sold for 250K and the one on 4308 N Ocotillo Canyon that sold for 231K were foreclosures, and the one on 4224 N Boulder Canyon that sold for 441K was a short sale. Therefore, 3 out of the 8 sales were distress sales.
My projection of 2012 is that it will not get better. So if you plan on selling your house, list it at an aggressive price with a very experienced agent, or it is unlikely to sell! Unfortunately, the truth is it will take at least a few years for the Catalina Foothills market to pick up.