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 than 50% off its original list price.
The home, built in 2002, was first listed in Jan 2007 for $2,700,000. It’s been sitting on the market ever since and has had numerous price reductions. Today the price was reduced to $1,495,000. The home was purchased in 2004 for $1,725,000.
Ouch…. Sellers, if you price your home correctly from the start, it will sell quicker and ultimately for a larger amount.
Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales.
