Recent Price Reductions at Sabino Mountain

July 8, 2007 by donna.

There are two more recent price reductions at Sabino Mountain. This clearly seems the trend since past sales prices are not bringing in offers. One is at 4172 N Sunset Cliff Drive, listed by Long Realty, and is built by Monterey and now priced at $469,000, down from $499,000. It has 2904 square feet and is in model-perfect condition. This floorplan has a master bedroom on the first floor and a large second family room upstairs. It has such upgrades as cherry cabinets, Corian conters and stainless steel appliances.  The location is the corner location, at the beginning of Sunset Cliff Drive.

The other recent price reduction  is at 4473 N Little Rock Drive which is listed by Clayton Farnsworth and is built by Pepper-Viner. It is 1535 square feet and is the smallest house at Sabino Mountain. It was priced at $389,900 and is now priced at $379,900. This home is also in pristine condition and has hickory cabinets, tiled counters and floors, flagstone patio and walkways and more.

 It is smart that both these Sellers reduced the prices on their homes, since traditionally in real estate, the first ones to reduce the prices of their houses to bring it down to market level or below market level, actually end up netting the highest prices during that time period. This is because after the first comparable house drops others follow.

 There are more houses for sale in Sabino Mountain than there have been in the past two years. To check the present inventory and to see what has sold, go to my website at www.DonnaAnderson.com .

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