Despite the slower sales of homes, in general, in the Tucson Foothills, one category is showing a sudden and definite uptick.
Smaller homes, those usually used as a winter residence, in
Ventana CC and La Paloma CC are suddenly getting picked off at a very healthy pace. And with just one exception, it's the homes with the best golf course and/or mountain views that are selling, the rest are sitting it out. These golf course homes range in size from about 1800 sf to 2500 sf, and are priced from the mid $500's up to about $700K.
With slower home sales in the Catalina Foothills, and the havoc wreaked by the mortgage fiasco, the jury was out on whether or not sales of these very special properties would take off again once the winter visitors started arriving in October. And even though the season has just begun, it looks like we now have the answer to that one.
In the last three or four weeks eight of them have gone under contract or sold. That's a very good clip, given that there were only ten available with good golf course/mountain views.
About half of these homes sat on the market over the summer and the rest were just listed for sale in the last month or so, in anticipation of the arrival of winter visitors. These homes have always been in short supply and high demand, and despite the slowdown in sales, it looks as if that will continue to be the case. If you want one of these prime golf course homes in La Paloma or Ventana, you've got to be ready to pounce.