There are 12 higher-end homes in contract in the Foothills right now.
Here’s a look at where they were originally listed and where they ended up before going to contract,
Property | List $@ contract | Original List | % change |
3407 E Via Palomita | $975,000 | $975,000 | 0 |
4620 N Cmo Gacela | $985,000 | $985,000 | 0 |
7063 N Mission Hill * | $1,200,000 | $1,395,000 | -14% |
3250 E Sun Cloud Pl* | $1,200,000 | $1,200,000 | 0 |
6500 N St Andrews | $1,325,000 | $2,100,000 | -37% |
7021 N Mission Hill | $1,495,000 | $1,495,000 | 0 |
6460 N Thimble Pass | $1,599,000 | $1,997,500 | -20% |
4790 Via De La Granja | $995,000 | $1,750,000 | -43% |
6271 N Whaleback Pl | $999,000 | $1,275,000 | -21% |
5327 E Mission Hill Dr | $1,000,000 | $1,475,000 | -32% |
4200 N Painted Quail Pl | $1,095,000 | $1,950,000 | -44% |
5831 E Finisterra | $2,900,000 | $4,100,000 | -29% |
(*short sales)
(also, De La Granja & Painted Quail were re-listed with new listing agents before reaching their much reduced prices. All others saw the original agents slogging through umpteen price cuts)
A few observations;
Skyline Country Club had been in a high-end sales funk for a long long time, but with 4 homes now in contract, it looks to be on the comeback trail. And for Cat 10, also with a long dry spell of high-end sales, De La Granja, at least, may be a start.
Obviously many of these homes were hopelessly overpriced for much of the time they were listed. But if you’re a buyer looking for a well priced home, keep in mind, you’re not the only one out there. And when one does come along, you need to be able to recognize it and act on it, or risk losing it.
In almost every case, whether they were listed at the right price right off the bat, or spent months getting to it, once they did, most of these homes went to contract very, very quickly.
And because well priced homes stand out from the crowd of overpriced homes, they should be easy to recognize.
See them here> 12 under contract
**link will expire on 1/4/2010**
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