6609 N Eagle Ridge Dr, in the Mountain Estates of Ventana, sold today for $1,700,000 ($384/sf) off its latest list price of $1,749,000.
(it’s held tight at $1,749,000 for more than a year)
On the market since July 07, when it was listed for $1,999,999, I’d say they gave up very little, considering that the worst of the economic turmoil has been in the 2 1/2 years since it was listed.
Curiously, this is the 2nd sale in the Mountain Estates this month.
The last one was at 6755 N Hole In The Wall Way on March 9 for $2,200,000 ($344/sf). see – just 1 new contract reported
Curiously, I say, because prior to these two sales, nothing has sold in the Mountain Estates since May 08 – nearly two years.
And with two sales in one month, and just 3 remaining for sale, the months of inventory in the mountain estates is down to an extremely enviable 1 1/2 months – 45 days. Unheard of.
