Tag Archives: luxary home sales

Tucson real estate : Some short sales actually do close quickly…

Wow, I’m impressed! A short sale in the luxury gated subdivision of Sin Vacas (near Skyline & Campbell) closed less than 60 days after it went on the market for its full list price. This beautiful home, listed for $598,000 went under contract 4 days after it was placed on the market. It closed less than 60 days later for $598,000! Impressive for any sale; amazing for a short sale Continue reading

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Tucson Catalina Foothills : Pima Canyon home more than 50% off after 4 years…

Tucson Catalina Foothills: This lovely home located in Pima Canyon (a gated luxury subdivision in the Catalina Foothills) has been on the market for more than 4 years and is now more tha 50% off its original list price. Continue reading

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Foreclosure update: Foothills, Oro Valley and Marana

Currently, the are 180 foreclosure properties for sale in the Foothills and the Oro Valley and Marana. The low price is $54,900 and the high is $2,350,000.

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , , , , | 2 Comments

Developers lose luxury Saguaro Ranch

Below find an excellent article, from the AZ Daily Star, regarding Saguaro Ranch. Saguaro Ranch is a luxury development (most homes have a list price above $2million) located in Marana. There is some incredible value and investment opportunities in Sagoaro Ranch now!!!

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Real Estate news | Tagged , , , , , , , | 5 Comments

Long Realty April Housing Report – Oro Valley

Below find a link to the April Housing Report, from Long Realty, for Oro Valley.

This report provides up to date information, pricing, inventory, sales among others. This is one of the most comprehensive reports, on the Foothills housing market, that I am aware of.
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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Real Estate news, Uncategorized | Tagged , , , , , , , | 3 Comments

Long Realty’s April Housing Report, Foothills Market

Below find a link to the April Housing Report, from Long Realty, for the Foothills.

This report provides up to date information, pricing, inventory, sales among others. This is one of the most comprehensive reports, on the Foothills housing market, that I am aware of.

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Foothills luxury home originally listed for $3.9mm, sold for $1.8mm

6959 N Javelina Tucson, in Skyline CC, was originally listed for $3.9mm in 2007. Since then the home has been on and off the market and has had numerous price reductions.

Today the home closed for $1.8mm.

This is just one more example of the luxury market’s adjustment to current market conditions. Continue reading

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Posted in Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate news | Tagged , , , , , , | 2 Comments

Foothills March 2011 Housing Report

As of March 2011 active inventory was 759, a 3% increase from March 2010. There were 100 closings in March 2011, 2% below March 2010. Months of Inventory was 7.6, up from 7.2 in March 2010. Median price of sold homes was $285,000 for the month of March 2011, down 19% from March 2010. The North area had 108 new properties under contract in March 2011, up 27% from March 2010. Continue reading

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1st $2 million plus home sale in 2011!

Finally some good news for the luxury housing market! The Tucson area had its first $2 million plus home sale. The home, a foreclosure built in 2009 on 4 acres, is located in Saguaro Ranch in Marana and sold for $2.1 million. That’s $288/sqft.

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Posted in Oro Valley Real Estate news, Tucson Real Estate news | Tagged , , , | 6 Comments

My luxury listing went under contract in 6 days!

I recently listed a home in the Foothills for approximately $750,000. The home was on the market for 6 days before it received a strong offer and went under contract. Currently, in the Tucson real-estate market, many homes stay on the market for months and have numerous price reductions. Despite this trend, homes can be placed on the market, and sell in a reasonable amount of time with no price reductions. Continue reading

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Posted in Tucson Real Estate news | Tagged | 12 Comments