July 2, 2009 by donna.

Here are the 6 homes that have sold during the first half of the year:
$370,000 2,684 square ft, Monterey 2 story
$375,000 2,236 square ft, Pepper-Viner 1 story
$383,500 2,936 square ft, Monterey, 2 story (Short Sale)
$418,000 2,708 square ft, Pepper-Viner 2 story
$1,000,000 3,398 square ft, TRS custom-built, ridge-top home-builder’s home
$1,250,000 3,923 square ft, custom-built, ridge-top –home sold by me.

There are 2 under contract, both located on Sunset Cliff Dr., built by Monterey:
one list -priced at 335K that is a one-story 2,074 square foot home; the other is list- priced at a range price of 390-410K and is a two-story home that is 2,904 square feet. Final sales prices will be posted once they close escrow.

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July 2, 2009 by donna.

There were two ridge-top homes on Quail Canyon that were priced at $1,299,000 and $1,335,000 that expired the end of June. The owners did not renew their listing contracts. This is good for Sabino Mountain! It is never good for a community to have too many homes for sale with most that are listed for sale at prices that are higher than fair market value.

For the first six months of the year the sales have been good at Sabino Mountain versus other Foothills communities, but with most that are now listed for sale being priced above the market, it is unlikely that many will sell for the rest of the year. Of course, there will be others who will decide to list their homes for sale in the future, and as long as they list their homes at fair market value, they will likely sell!

I still see a few for sale at fair market value and they can be found on Boulder Canyon and Black Rock Drive. There is one smaller Pepper-Viner home listed for sale on Saddle View that is priced well, but it needs work.

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