Tag Archives: catalina foothills real estate

10/28/11 Tucson Real Estate: New home sales, price reductions & closed sales (Catalina Foothills, Oro Valley & Marana)

Posted on October 29, 2011 by Lisa Bayless

10/28/11 Tucson real estate: Below find links to all new home sales, price reductions and closed sales in the Catalina Foothills, Oro Valley & Marana Continue reading →

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Tucson real estate : Home sells for $2,592,000, biggest sale of 2011!

Posted on October 28, 2011 by Lisa Bayless

5000 E Via Estancia (located in Miravel) closed today for $2,592,000!!! That’s the most expensive home to sell in the Tucson area this year. Hurray.
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Tucson real estate : Prices moving upward in Sin Vacas?

Posted on October 27, 2011 by Lisa Bayless

Recent sale in Tucson Catalina Foothills subdivision Sin Vacas should put upward pressure on prices. Articel includes a comparable market analysis of Sin Vacas goinf back 6 months. Continue reading →

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Tucson real estate : Pinnacle Ridge short sale bring down prices

Posted on October 27, 2011 by Lisa Bayless

Pinnacle Ridge is a luxury gated community located in the Tucson Catalina Foothills (Swan & Sunrise). The homes in this subdivision were mostly built after 2000 Continue reading →

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Tucson real estate : Inventory of luxury homes for sale in Tucson area

Posted on October 26, 2011 by Lisa Bayless

Currently, in the Tucson area there are a number of luxury homes for sale. Homes with an asking price above $800,000 are considered luxury. Continue reading →

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Tucson real estate : Lots of golf villas available in Ventana Canyon

Posted on October 25, 2011 by Lisa Bayless

Like to golf? Now is your chance to get a great deal on a golf villa in Ventana Canyon. Right now there are 16 golf villas for sale in Ventana Canyon and only 2 have sold in the past 6 months. That’s 4.5 years of inventory. Continue reading →

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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 : Go Pima Canyon go!

Posted on October 25, 2011 by Lisa Bayless

What that was fast! After a $1 million price reduction, 2304 E Sentry Ridge (located in Pima Canyon) has gone under contract in just 6 days. Amazing, since only 2 homes over $2 million have sold, in the Tucson area, so far in 2011. Continue reading →

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Tucson real estate : Green gets nod from appraisers

Posted on October 24, 2011 by Lisa Bayless

The nation’s largest professional association of real estate appraisers announced support for recently introduced federal legislation that would ensure energy costs are included in appraisals Continue reading →

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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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