In Cat10 5180 N Camino Sumo, listed at $950,000, is reported in contract today. Yeah!
Yeah because this is the first contract in the $900’s since January 29th. Yes, hard to believe but true, two full months and not a single contract for homes listed from $900,000 to $999,999.
And, interestingly, 5180 sold for $1,100,000 in 06 and was listed in 2011 and into April of 2012 for $875,000 and, after 9 months and no sale, was taken off the market until this January.
5180 N Camino Sumo , Tucson, AZ 85718
(listed by Long Realty)
We’ve had sales in the $900’s, three this year, one of which closed today, but they’re all from deals that were made in January. When the upper-end market appeared, briefly, ready to catch fire.
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