Tag Archives: catalina foothills homes for sale

Tucson real estate : Months of inventory by price range (Foothills & Oro Valley)

Posted on October 25, 2011 by Lisa Bayless

Both buyers & sellers often enquire about the amount of supply/demand in a particular price range and area. Months of inventory provides good insight into this question. 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 eliminate existing inventory at the current rate of sales. In general, a market is considered “balanced” when MOI is around 6 months.

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Tucson real estate : Slim pickings for buyers right now…

Posted on October 20, 2011 by Lisa Bayless

The housing market, which had suffered from an over-supply of homes for sale has a new problem: a lack of attractive inventory. Compared to last year, inventory in the Foothills is down 21%, inventory in Oro Valley is down 15% & luxury housing inventory is down 31%. Continue reading →

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Tucson real estate : Pima Canyon home sells for $229,000 above the asking price!!!

Posted on October 19, 2011 by Lisa Bayless

Tucson real estate : 1682 Sahuaro Blossom Place , a foreclosure property located in the luxury gated community of Pima Canyon, has closed for $229,000 above the asking price! The home’s latest asking price was $1,075,000 and it sold for $1,304,000. And some people say pricing isn’t flexible in the luxury housing market….. Continue reading →

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Posted in catalina foothills real estate listings, catalina foothills real estate news, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , | 11 Comments

Tucson real estate : $1million price reduction in Pima Canyon today

Posted on October 19, 2011 by Lisa Bayless

2304 Sentry Ridge, located in the exclusive gated community of Pima Canyon, had a $1 million price reduction today. The home, now listed for $2,250,000 ($290/sqft) was first listed for $4,950,000 on 1/10 Continue reading →

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Tucson real estate : Months of inventory by zip code (September 2011)

Posted on October 17, 2011 by Lisa Bayless

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.

Below find the months of inventory of various zip codes in the Tucson area for August 2011:

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Tucson real estate : Well priced homes actually do sell in a reasonable time frame…

Posted on October 15, 2011 by Lisa Bayless

Note to sellers: better to price your home correctly from the start. Buyers are looking for deals in the market, and the sale of your home will likely be subject to an appraisal Continue reading →

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Tucson Real Estate : Catalina Foothills Housing Report October 2011

Posted on October 14, 2011 by Lisa Bayless

Catalina Foothills October 2011 housing report. This report is the most comprehensive Tucson Catalina Foothills housing report I am aware of. Continue reading →

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Tucson real estate : Catalina Foothills home 53% off original list price

Posted on October 12, 2011 by Lisa Bayless

4720 Nesting Lane (located in the Tucson Catalina Foothills) is back on the market as a foreclosure. The home was first listed on 1/08 for $1,099,000. It is now $516,000 ($132/sqft). That’s 53% off the original list price….. Oh my!
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Tucson real estate : 3rd quarter housing market update

Posted on October 11, 2011 by Lisa Bayless

Below find the 3rd quarter (July-September) 2011 housing results, for the Foothills and Oro Valley. I have compared the 3rd quarter 2011 results to 2010, to provide an overview of the market’s current condition compared to the same time last year.

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Posted in catalina foothills real estate listings, catalina foothills real estate news, Marana real estate listings, marana real estate news, oro valley real estate listings, Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , , , | Leave a comment

Tucson Real Estate : Pima Canyon home has an asking price below $800,000

Posted on October 9, 2011 by Lisa Bayless

Pima Canyon Estates (located in the Catalina Foothills), now has a home with an asking price under $800,000. Over the past 5 years, there has not been a home sale, in Pima Canyon, for less than $800,000.
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