Today there are 159 homes for sale in the Tucson Foothills priced from $1,000,000 up to about $8,000,000, and since January 1st,
22 $1,000,000+ homes have sold in the Foothills, priced from $1,075,000 to $3,100,000.
And with a majority (16) of those homes located in gated communities, it's apparent that buyers of high-end homes continue to show a strong preference for gated communities in the Tucson Foothills.
Of the 16 sold in gated communities- 4 in Pima Canyon, 3 in Ventana Canyon Country Club, 2 in Catalina Foothills Estates 10, 2 in Cobblestone, and 1 each in The Canyons, Skyline Country Club, Ventana Vista, Sabino Mountain and Pinnacle Ridge.
The other 6 are in non-gated communities scattered throughout the Foothills, in Alta Vista, Catalina Foothills Estates, Coronado Foothills Estates and Flecha Caida. But whether they're gated or not, one thing they all have in common is that all 22 are located on good lots in established communities in the Tucson Foothills.
And although there are quite a few $1,000,000+ homes for sale on less desirable, or what I call in-fill lots in the Foothills - almost all of these are spec homes built in the last couple of years -
not a single one has sold so far this year.
But that's no surprise. With a large inventory of homes located on good lots in sought after areas throughout the Tucson Foothills,
why would anyone choose to ignore the first rule of real estate,
location, location, ...
see my web site thefoothillsToday.com
to search for and learn more about Tucson Foothills Homes