February 7, 2010 by Donna Anderson.
So far this year 8 homes have closed escrow in Tucson with prices ranging for $1,050,000 - $1,800,000. Six of the sales come from the main Catalina Foothills zip codes of 85718 and 85750. The highest price home was a beautiful foreclosure in Pima Canyon (Foothills 85718 zip code) and had a final price of 1.8 million.
Please note: This summary of sales only includes homes that have closed escrow and does not include homes under contract.
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February 7, 2010 by Donna Anderson.
In studying the homes that have closed escrow since January 1st, it is remarkable that half the final sales prices are between 500-600K. Goes to show the lower end of the upscale market is doing the best. Ten of the sales came from the main Catalina Foothills zip codes of 85750 and 85718, with the highest price one coming from Sabino Mountain, priced at 900K, which is located in the Foothills 85750 zip code and is 2 doors up from my house. This home is a contemporary beauty backing to the pristine Sonoran Desert.
Please note that this figure does not include homes that are under contract that have not closed escrow yet.
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February 1, 2010 by Donna Anderson.
Yesterday I visited 6 open houses at Pima Canyon. The price ranges for these beautiful homes nesting into the Catalina Foothills with city, multiple mountain and pristine Sonoran desert views was 1.3 million to 3 million. Only two of the homes had furniture in them and the rest could certainly benefit from staging. My best guess is that the Sellers have had to so aggressively price their homes to get a potential buyer that they are unwilling to invest in staging. However, large homes with very high ceilings are just the right homes for staging. It is hard for the buyers to imagine living in there when it is barren. I was amazed that there were 6 Pima Canyon homes held open from 1-4 yesterday. Typically there are not many high-end homes held open. And from the looks of it there were a lot of folks viewing these magnificent homes.
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January 31, 2010 by Donna Anderson.
Open enrollment ends the end of February, so you may want to finish your application on-line. Go to www.cfsd16.org to learn more about Tucson’s top schools with the highest test scores, smallest classes and best physical envirnoment with backdrops of the fabulous Catalina Foothills. The schools have all been “excelling” for the past 7 years. Catalina Foothills High is in the top 2% as per Newsweek. My daughter goes to Esperero Canyon Middle School, and I was happy to find she has Physical Education, Spanish and either Music or Art every school day. Her teachers and the administration is superb!
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January 27, 2010 by Donna Anderson.
Just yesterday 3 luxury homes went under contract in the Tucson Catalina Foothills. They are:
7173 N Cathedral Rock Place List Price $875,000 The Foothills 1.58 acre 4,570 sq ft
6414 N Desert Wind Circle List Price $989,000 Ventana Canyon .56 acre 3,330 sq ft
1887 E Desert Garden Drive List Price $1,250,000 Pima Canyon 1.05 acre 4,335 sq ft
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January 26, 2010 by Donna Anderson.
Thirty - two lots in Stone Canyon 3 in Rancho Vistoso in Oro Valley, right outside Tucson, are slated to go to public auction on March 31st. The 32 - one acre and larger lots offer golf course ambiance. Stone Canyon’s homes start around 1 million, and its setting offers magnificent vistas of multiple mountain ranges, and the pristine Sonoran Desert.
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January 25, 2010 by Donna Anderson.
It is interesting to note that of the 37 houses that have sold since the first of this year or are under contract wait to close escrow, the most popular communities are: Alta Vista, Honeybee Canyon and Dove Mountain.
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January 21, 2010 by Donna Anderson.
There are 59 Tucson luxury homes that either closed escrow (in Jan. ‘10) or are under contract that are priced between 500K and 1 million. Fifteen are from the 85750 zip code and fifteen are from the 85718 zip code–both zip codes are in the heart of the Catalina Foothills. Seven homes are located in Oro Valley. Surprisingly enough only two are located at Dove Mountain and only one is located in Vail. The rest are scattered all over the rest of Tucson. It is no surprise that most luxury homes that are selling are in the main Foothills zip codes of 85718 and 85750. Most homes in these zip codes are districted for the coveted Catalina Foothills - District 16 schools and this is where most of the resorts, high-line shopping and restaurants are located. Main epicenter Foothills zip codes usually represent the best investment. That being said, Oro Valley and Dove Mountain offer a beautiful setting with views of multiple mountain ranges and are more affordable. Tucson has many choices to reside where you can live the good life! Prices are more affordable than ever and many are taking advantage of the low interest rates and prices that are the same as four years ago. Why suffer through a cold and dismal winter when you can have 360 days of sunshine in beautiful Tucson?
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January 20, 2010 by Donna Anderson.
There are 14 homes priced over a million that are listed under contract or closed escrow so far in January 2010. The prices range from $1,095,000 - $1,861,500. Some of the community sales include one at Ventana Canyon, one at Alta Vista, one at Skyline Country Club, one at Honeybee Ridge and three at Dove Mountain. With so many homes over a million that are aggressively priced, we are sure to have many more highline homes sold in 2010. This is a great start to 2010.
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January 14, 2010 by Donna Anderson.
In December the Long Foothills office seemed slower than other Decembers, however, now that we are in to January the buyer activity has increased tremendously, and with it we are seeing more sales in the $500,000 and above range. Homes that are priced aggressively and show well are now selling. We see many homes that have been on the market for a very long time ( a year or more) are finally selling. All have had multiple price drops. We are also seeing more homes priced well to begin with, and then selling within 90 days. The market definitely has picked up from November and December. This may be a sign of a market pickup in the popular and beautiful Catalina Foothills area of Tucson.
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