Some of the Competition has Left

Fortunately for those Sellers who are trying to sell homes for less than 500K in Sabino Mountain, 4 houses that had been for sale have withdrawn their listings within the past few weeks. Now there are 3 houses for sale for under 400K and 5 houses for sale between 450K and 500K. Having so many non-custom listings for sale in the past 9 months has hindered price stabilization and the sale of these homes. Sellers that were testing the market to see if they could get their price only added to the glut. Most of the houses that are for sale now are reasonably priced, so hopefully the Fall market will bring them some offers.