Another home went to contract in Skyline Bel Air the other day - 6160 N Camino Almonte Tucson, AZ 85718 – listed at $389,000 ($181/sf) in 37 days. It started out at $424,900, dropped to $409,900 (and went contract but fell out) then to $389,000 and, BINGO!, in contract again. (listed by Long Realty)
Skyline Bel Air had a stellar year last year and is having another this year.
There are;
5 homes for sale
4 in contract (3 of them are Pending, so basically done deals)
7 sold in the last 6 months = about 4 months inventory (a sellers market)
And when the 3 Pending sales close, which should be any day now, we’ll be looking at 3 months inventory.
Last year 21 homes sold in Skyline Bel Air for an average/median of $421,062/$394,500
It’s still too early to start counting our chickens but I’ll wager that those numbers will be higher this year. Why, because buyers and buying up the older homes in need of renovation, renovating them, and reselling them for higher prices. Because SBA has a great location, location with older homes on some very good lots. see > the next hot spot for fixer uppers
To see all the homes for sale in Skyline Bel Air click HERE
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