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Archive for July 6, 2009

Another Sold Home in Sabino Mountain

It goes to show that reasonably priced homes are selling in Sabino Mountain. 4326 N Sunset Cliff Drive, a 2,074 square foot one-story Monterey-built home closed escrow the end of June for $323,500.

There are only a few more that are reasonably priced. I certainly hope that all of the homes listed for sale in Sabino Mountain that are over-priced either reduce the price of their homes or take them off the market. Many over-priced listings just bring the overall value of the homes of the community down. After all, it is a supply and demand issue and having too many homes on the market decreases the demand.

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