In Pima Canyon, 1887 E Desert Garden Dr dropped from $1,395,000 to $1,250,000 ($288/sf). Looking back, it last sold in 2001 for $1,066,000.
So pricewise, this now looks like a contender.
5 sold in PC in the last 6 months – not counting the half-baked spec foreclosure that sold for $803K – average sold = $1,561,000/median = $1,430,000/$/sf = $326.
And as for the 16 for sale, it blows them out of the water.
average list = $2,541,437/median = $2,545,000/$/sf = $458.
And then there’s 3401 E Camino A Los Vientos in Eleven Arches. Today it dropped from $2,500,000 to $2,195,000 ($277/sf), which is 24% off it’s original list of $2,900,000.
No doubt there will need to be many more price cuts before sales of pricey homes begin to really get off the ground.
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to find your Tucson Foothills home
