Tag Archives: tucson luxury home sales

56,000 sqft LA mansion sells for mere $85million!

Posted on July 16, 2011 by Lisa Bayless

The 56,000 sqft Spelling mansion in LA recently sold for a mere $85million! While this is one of the highest home sales in history, the sale price is 43% off the original asking price of $150million!
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Posted in Marana 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 , , , , , , , , , | 3 Comments

Ventana Canyon real estate: Market overview of this Tucson Catalina Foothills community

Posted on July 14, 2011 by Lisa Bayless

Ventana Canyon is a wonderful gated community in the Catalina Foothills. It currently has 30 homes for sales with a list price between $345,000 – $6,200,000. There are many good deals available in Ventana Canyon now. Continue reading →

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Posted in Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , | 5 Comments

Months of Inventory: Tucson Area Luxury Market

Posted on July 10, 2011 by Lisa Bayless

Below find the months of inventory for the entire Tucson area luxury market Continue reading →

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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 , , , , , , , , , , , | 6 Comments

Market Update: 2nd quarter housing results for The Foothills & Oro Valley

Posted on July 6, 2011 by Lisa Bayless

Below find the 2nd quarter (April – June), 2011 housing results, for the Foothills and Oro Valley. I have compared the 2nd 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 Oro Valley Real Estate news, Real Estate News, Tucson Foothills Real Estate news, Tucson Real Estate Listing, Tucson Real Estate news | Tagged , , , , , , , , , , | 1 Comment

June 2011 sales results: Foothills, Oro Valley and Marana

Posted on July 1, 2011 by Lisa Bayless

June 2011 residential home sales results are in! Below an overview of all home sales in the Foothills, Oro Valley and Marana as well as links to each sold home for your review. For those of you who track the real-estate market, monthly home sale results is one of the most important indicators of current market conditions. It tells you not only what is selling but also how much activity there is.

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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

Here’s why sellers should NEVER over-price their homes

Posted on June 30, 2011 by Lisa Bayless

I’ll bet the sellers of a home, that just sold in Ventana Canyon, wish they priced their home correctly, when they first put it on the market in 2008. This home was first listed for $1,595,000 on 8/08. Its been on and off the market ever since and just sold for $1,099,000. That’s almost 33% below its original list price!!!
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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

Here’s a good deal in the Foothills!

Posted on June 27, 2011 by Lisa Bayless

5680 N Chieftan Trail had a $100k price reduction today and is now$525,000 ($179/sqft). For a home, in this condition, in the Foothills this is one good deal. Continue reading →

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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 , , , , , | 4 Comments

Developers lose luxury Saguaro Ranch

Posted on June 20, 2011 by Lisa Bayless

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

Distressed sales is Arizona

Posted on May 19, 2011 by Lisa Bayless

Distressed sales (foreclosures and short sales) continue to drive residential real-estate prices down. Arizona has been, one of the states, hit hardest by the flood of distressed home sales and consequently the decline of the housing market. The good news is, there is a silver lining to the storm clouds of the past. Since Arizona has already processed a flood of distressed home sales, it is expected to eliminate its future inventory faster than other states Continue reading →

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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 , , , , , | 4 Comments

1st $2 million plus home sale in 2011!

Posted on March 30, 2011 by Lisa Bayless

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