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- Uncategorized (274)
- August 26, 2010: Sabino Mountain Foreclosure Now Under 300K
- August 23, 2010: Little on the Market at Sabino Mountain
- August 23, 2010: A Sabino Mountain Home Taken off the Market
- August 23, 2010: Sabino Mountain House Under Contract
- August 20, 2010: Only 1 Foreclosure Left For Sale in Sabino Mountain
- August 16, 2010: Sabino Mountain Foreclosure Under Contract
- August 15, 2010: Homes For Sale in Sabino Mountain
- August 12, 2010: New Sabino Mountain Listing
- August 12, 2010: Time to Consider Re-Financing
- August 2, 2010: Sabino Mountain Homes Sold this Year
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Sabino Mountain Homes For Sale are Dropping out Like Flies
August 1, 2010 by donna.
Gosh there are only 4 homes for sale in Sabino Mountain that are not foreclosures. The cheapest is the new listing at Ocotillo Canyon that is ranged - priced from 590-630K. What is happening? It is good news because real estate is always a supply and demand thing, and low supply helps foster demand.
It seems those wanting to live in Sabino Mountain do not desire a “fixer-upper” and that is why the three foreclosures, all listed at less than 400K are not sellling. And those selling above 500K that are custom homes know it is an uphill battle unless the price is aggressive. I see only one listed for sale in the ballpark.
It makes sense if you can not get “real” about pricing your home competitively that you take it off the market. And it is very wishful thinking to think that if you wait until the winter and put it back at the same price, it will sell. Obviously we are not going to appreciate in homes priced above 500K in the next few months, and prices have just begun to stabilize in homes priced below a half-million.
Sabino Mountain has seen 13 sales this year; all but 1 (at 900K on Boulder Canyon), have sold at 439K or below. So it is obvious in what price- range there is action at Sabino Mountain, and the main reason for this is the homes priced over a half-million have been over-priced!
Here is hoping that more drop out and some new ones come up that are priced right! Let’s keep the sales flowing in our coveted community!
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New Outpost Custom Home is Listed at Sabino Mountain with Gorgeous Views!
July 31, 2010 by donna.
4023 N Ocotillo Canyon, an Outpost-built, custom home with over 3,100 square feet (on 1/4 acre) was listed today at a range price of 590K-630K. It has some gorgeous views of the Catalinas and the pristine Sonoran Desert in back, and has sparkling city light views in the front. Let me know if you would like to view this rare offering! To see more info on this listing make sure you—-
Click on this link to see this listing.
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Another Sabino Mountain Home is Sold
July 27, 2010 by donna.
4288 N Ocotillo Canyon Drive sold for $390,500 from a list price of $394,500. This beautiful, 2,300 square foot one-story Pepper-Viner built home has a three car garage, travertine floors, granite countertops, a fireplace and the list goes on. It is in model-perfect condition! Another buyer got a great home in beautiful Sabino Mountain!
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Some Smart Future Sellers at Sabino Mountain
July 14, 2010 by donna.
Lately, some smart Sabino Mountain sellers have taken their homes off the market. This is a wise decision for all of those custom home sellers, because most of the Sabino Mountain custom homes that are on the market now are over-priced and as a result, these listings just weigh down the market. Real estate is always greatly influenced by “suppy and demand”. Better to take them off the market and wait for a better time to sell.
On the other-hand there is no supply of non-custom homes at Sabino Mountain. Just a few foreclosures, and lots of folks do not want to buy a fixer-upper. So those of you that are thinking of listing your non-custom home, now is a great time to put your home up for sale. Give me a call if you would like a market analysis–520-615-2598.
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It is a Great Time to Sell at a Non-Custom Home in Sabino Mountain
July 9, 2010 by donna.
If you are thinking about listing your non-custom home in Sabino Mountain that would list for 400K or less, this is a great time to put your home on the market. The reason is there are only 2 homes listed for sale (that are non-custom homes) and both are foreclosures. There is a third foreclosure that is schedule to go to auction shortly, so it should be gone. Not everyone wants a fixer-upper. If you are interested in a market analysis, do not hesitate to call me at 520-615-2598.
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The 12th Home Sale of the Year at Sabino Mountain
July 7, 2010 by donna.
4318 N Ocotillo Canyon Drive closed today for 390K. This 2,379 square foot house has a 3 car garage, a fireplace, a whirlpool tub in the master bath, amongst other upgrades. This 3 bedroom and den floorplan has 2 1/2 baths and has the popular one-story split-floorpan with gourmet Kitchen facing the rear Family Room. It took a long time to sell because it had been over-priced for so long; once it was priced at $399,999, it was no time before it went under contract and ultimately sold for 390K.
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How Sabino Mountain Homes Sales Have Changed
July 5, 2010 by donna.
A few years ago Sabino Mountain saw few sales in the non-custom homes and many sales in the high-end custom homes; not so today! Now it is very hard to sell the custom homes for two reasons–the luxury Sabino Mountain homes for sale are mostly over-priced, and the high-end market is now extremely selective since there are so many good deals out there. On the other hand, although 13 Sabino Mountain homes priced at less than 500K have sold since January 1st, most have sold for a significantly lower price than they would have sold for more than two years ago.
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Another Reduction in a Foreclosed Home in Sabino Mountain
July 1, 2010 by donna.
4493 N Little Rock has been reduced yet again and now is $329,900. It was listed 85 days at $379,900 which definitely was too high for a foreclosed one-story home that is 2,213 square feet. This 3 bedroom+ den (that could be a 4th bedroom) home has a 3 car garage, granite counters and a a flagstone patio. It is certainly moving downward to a price that is likely to get an accepted offer soon.
If you would like to see it, do not hesitate to call me at 520-918-2410 or email me at Donna@DonnaAnderson.com.
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A Sabino Mt Foreclosure is Reduced
June 14, 2010 by donna.
4182 N Sunset Cliff Drive, which is a two-story Monterey-built home with almost 3K square feet, a first floor master and a spool has reduced its price to $371,000 from $384,500. Someone is sure to scoop this foreclosed home at this list price!
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Few Entry Level Homes for Sale in Sabino Mt.
June 13, 2010 by donna.
Ordinarily there are more than a few homes to chose from in the under 425K price range in Sabino Mountain. Not so now, where there are three foreclosures and one other home that is struggling to sell since it is pretty small for the list price. Many folks steer away from foreclosures because they usually are homes that have been vacant for some time and need a lot of work. The foreclosures in Sabino Mountain are definitely struggling to find buyers since the prices keep moving down and they still are not finding buyers.
This seems to be a good opportunity to list your home (if it falls in the 425K or less price range) in Sabino Mountain since the inventory in this price range is virtually empty.
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