Fourteen homes sold this year versus last year of 20 sales which reveals about a 30% decrease in the number of sales from a year ago. Of this years’ home sales – there was one in the 200 thousands, 4 in the 300 thousands, 2 in the 400 thousands, 2 in the 500 thousands, 2 in the 600 thousands, 1 in the 700 thousands and 1 in the 800 thousands and then a big jump to $1,450,000 for the only new home (located at the end of Sabino Mountain Drive). There were many price decreases for some of these homes and of homes listed for sale now, we still have two homes that have struggled to sell for over a year and one this has been on the market for almost a year. The real bright spot in our homes sold this year is the new contemporary sold very quickly (in 41 days) even though it was in a price-range (over a million) that is struggling for home sales in the Catalina Foothills (it sold for $1,450,000). There were 8 homes (including 3 sold by my company-Russ Lyon -Sotheby’s International Realty) that sold around 3 months or less. The main key is to price your home correctly right from the start.
~To view the 12 homes that were listed for sale that sold this year with final sales prices ranging from 319K – $1,450,000 click on the link~
There were also 2 foreclosures that sold this year: one at 4035 N Boulder Canyon Place that sold for $531,107 and another at 4374 N Sunset Cliff Drive that sold for less than 300K (final sales price unknown). Both sold at foreclosure auction at the Courthouse steps.
If you are thinking of selling your home in 2016, give me a call at 520-615-2598. I have sold 15 in our beautiful community.
Happy New Year!