Tucson real estate: 7203 N Cloud Canyon Place sold for $1.4 million ($251/sqft). The 5,557 sqft home, built in 2000, was first place on the market in Aug. 2007 for $2.75 million. The home is located in the super luxury gated community of The Canyons (located at the top of Alvernon in The Catalina Foothills).
Here is a comparable market analysis of The Canyons going back 6 months. The above sale is the only home in the subdivision to have sold over the past 6 months. Currently there are 7 homes for sale in the subdivision with a medium asking price of $3.2 million ($449/sqft). Based on the above sale, it appears there are some sizable difference between buyer & seller expectations in The Canyons.
Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley & Marana home sales. Contact Lisa for all your Tucson real estate needs.