Tucson real estate : Foreclosure brings prices down in Pinnacle Ridge

Tucson real estate : 6325 N Pinnacle Ridge Drive, a foreclosure property, closed yesterday for $605,000.  That’s $136/sqft.  Over the past 6 months, this is the only sale, in the subdivision, below $700,000.  Pinnacle Ridge is a gated community in the Catalina Foothills that consists of home built after 2000 between 3,500-4,500 sqft.

Here is a comparable market analysis, of the Pinnacle Ridge subdivision, going back 6 months.  You will see over the past 6 months, 3 homes have sold with medium sold price of $157/sqft. Currently there are 4 homes for sale in Pinnacle Ridge (ranging from $648,000 – $799,000). The medium asking price in the subdivision is $201/sqft.

Interested in any of these homes?  Give me a call 520.668.8293 for a viewing.

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marana home sales.  Contact Lisa for all your Tucson real estate needs.

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One Response to Tucson real estate : Foreclosure brings prices down in Pinnacle Ridge

  1. Lakisha says:

    All of these articles have saved me a lot of haedahces.

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