1887 E Desert Garden Drive in Pima Canyon debuted yesterday at $1,319,000 ($304/sf).
Built in 2000, 4335 sf, 4 beds/4 baths, 3 car, pool/spa. Last sold in 2010 for $1,075,000.
4841 N Summit Ridge Road in Summit Ridge Estates, showed up at $1,375,000 ($312/sf).
Built in 2006, 4412sf, 4 beds/3 baths, 3 car, pool/spa. Original owner,
7322 N McManus Trail in Cobblestone listed at $1,475,000 ($264/sf).
Built in 1993, 5659sf, 4 beds/5 baths, 3 car, pool/spa. Last sold in 95 for $900,000 – and tried for, but didn’t get, $2,375,000 in 06.
1887 E Desert Garden Drive Tucson, AZ 85718 - 4841 N Summit Ridge Road Tucson, AZ 85750 - 7322 N McManus Trail Tucson, AZ 85718 (all listed by Long Realty)
That increases the selection at $1mil+ to 92 for sale vs. 2 sold in the last 30 days = 46 MOI (months of inventory). That sure looks like a buyers market to me, and, other than there not being any great foreclosure deals amongst them to spur sales, not terribly unlike the high-end market during the dark days of the bust. But, there is hope, we’re just coming off the slower summer market and approaching what is traditionally the height of the season for high-end sales. So there’s that, and we’ll see.
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