Tucson Real Estate : Big house demand; going, going, gone…..

Tucson real estate : The demand for big homes in the Tucson Catalina Foothills is a thing of the past. Buyers just don’t seem to want them.  In the past 5 years, only one home 10,000 sqft or larger has sold in the Catalina Foothills….

6959 Javelina (10,901 sqft in Skyline County Club) sold on 4/11 for $1,850,000. The home was 1st placed on the market on 3/04 for $4,900,000 and remained on the market, with endless price reductions ever since…

Currently, there are 4 homes with more than 10,000 sqft for sale in the Catalina Foothills. Here’s a quick and dirty over-view:

7582 Secret Canyon Dr (13,350 sqft in The Canyons). First listed on 10/10 for $13,500,000.  It’s been on the market ever since and is now $9,995,000. But hey, it has a 10 car garage….

5600 Via Elena (10,318 sqft in Catalina Foothills Estates #2). Listed on 12/10 for $4,450,000. Still the same price…

5801 Finisterra (11,874sqft in Finisterra). Listed on 10/09 for $3,495,000. Just reduced on 9/2/11 to $1,950,000 (that’s 55% off the original list price!)

6636 River Heights (11,133sqft, unsubdivided). First listed on 1/07 for $2,495,000. It’s been on the market ever since and is now listed for $1,495,000.

Here is a comparable market analysis for all the above homes. Big homes just aren’t selling….

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

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5 Responses to Tucson Real Estate : Big house demand; going, going, gone…..

  1. Ricardo Montaño Perez says:

    Hi Lisa.
    My name is Ricardo Montaño and i want to sale a house i own in San Carlos, Wish i just built, at Loma bella in San Carlos Country club, just near the golf course with a beutiful view of the sea of cortez. it’s 3 bedrooms and 3.5 bathrooms, 2 car carport, big living room area, 5436 sq ft (land), 2841.7 sqft (construction) and 958 sqft terraces.
    If you are interested please contact me.

    • Lisa Bayless says:

      Hello Ricardo:

      Thanks for taking the time to visit and read my blog!

      San Carlos is just beautiful and your home sounds lovely. Unfortunately, I am only licensed to sell real-estate in Arizona. I would however be happy to provide you with selling tips and help you find the right Realtor for you. You can reach me at lisab@longrealty.com or 520.668.8293.

      Regards,

      Lisa

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  3. Lisa says:

    Very nice, i suggest webmaster can set up a forum, so that we can talk and communicate.

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