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Monthly Archives: August 2011
Tucson real estate : Over the past 30 days, 37 homes in the Tucson Catalina Foothills have sold with a medium sale price of $339,000. Currently, there are 355 homes for sale in the Tucson Catalina Foothills with an average asking price of $658,000.
This Catalina Foothills home is a short sales, listed at $549,000 and has been under contract twice this year; in March and June. Of course, it is back on the market and seems unable to close.
Should buyers be pre-qualified by a lender before making an offer? If they need to get financing —– YES!
This lovely luxury home located in Ventana Canyon Mountain Estates has had a $3 million price reduction!!! The home, originally listed in 8/09 for $8.25 million has been reduced to $5.2million. The home is listed for $802/sqft. Here is a competitive … Continue reading
Below find a link to a GREAT DEAL in Pima Canyon!!! This home at 1682 Sahuaro Blossom listed for $1,075,000 came back on the market today as a foreclosure. 1682 Sahuaro Blossom (foreclosure) This home was first listed for $4.2million in … Continue reading
Months of Inventory (MOI), is the amount of current inventory (homes currently for sale) divided by average monthly sales. This is a good indicator of market health since it measures the amount of time it will take to elimate current inventory. In general, a market is considered “balanced” when MOI is 6 months.
Catalina Foothills Estate 10, is a gated Tucson Catalina Foothills subdivision located off of Hacienda Del Sol between River & Sunrise. This subdivision has had fantastic sales over the past 6 months. Below find a link to a competitive market analysis, going back 6 months, for Catalina Foothills Estate 10.
Tucson real estate : Pinnacle Ridge is a lovely gated community just north of Swan & Sunrise. The homes in the subdivision were all built in 2001 and after. Below find a link to a competitive market analysis, going back 6 months, for Pinnacel Ridge. Continue reading
If anyone wants to buy a $22 million mansion in Malibu, there is a auction occurring on Sept 18th. This 10,500 sqft home, with sandy beach frontage, located on “Billionaire Beach” in Malibu is up for auction and said to be a steal at only $22 million. The current owners bought the home in 2007 for a mere $65 million. Continue reading
August 2011 Foreclosure Update : List of all foreclosures in the Catalina Foothills, Oro Valley and Marana
Foreclosure update! In general, foreclosures are priced below market and sell for 98-99% of the list price. Foreclosures offer buyers great value. Below find links to all foreclosures as of 8/25 in the Catalina Foothills, Oro Valley and Marana Continue reading