Flipping thru recent sales in the Catalina Foothills I noticed a handful that stood out because the sale prices were higher than the norm.
In Cimarron, where the average/median sold price this year is $457,452/$466,637, 5733 N Via Amable sold the other day for $830,000 (212/sf). The highest sale price in Cim since 2011.
Likewise in Coronado Foothills estates, where the average/median sold price this year is $512,550/$508,750, 6525 N Longfellow Drive sold the other day for $980,000 ($199/sf) - the highest sale price since 2012. And there’s a home in contract listed at $1,185,000 ($314/sf).
In Catalina Foothills Estates 6, where there’s been just one other sale this year, for $465,000, and the average/median for the last 3 years is $444,083/$442,500, with the highest sale at $499,000, 6235 N Camino Escalante sold the other day for $790,000 ($233/sf) - from an $800 list.
In the Canyons, 3508 E Secret Canyon Place sold yesterday for $2,400,000 - after just 3 months on the market - the 2nd highest sale since 2009. (the other was $3.7 in 2014).
5322 E Gleneagles Drive sold for $1,302,000 ($339/sf) last month in Skyline CC - the highest sale this year and the 2nd highest since 2012 - and the highest $$/sf sale since 2008.
Sold last month at $1,600,000 ($324/sf) 4675 N Via De La Granja was the highest sale in Cat 10 since 2012.
In Cobblestone, 7322 N McManus Trail sold for $1,200,000 ($212/sf) the highest sale in Cob since Feb 2013.
Other subdivisions have yet to reach new highs this year. Amongst them – La Paloma, Pima Canyon, Hacienda del Sol, Ventana CC, Shadow Hills, Foothills ll …
This is not a comprehensive list, it’s just those I’ve noticed recently. But I wonder if this isn’t a sign that buyers are more confident and are now more willing to go further out on a limb to get the homes they want. Could be.
see TheFoothillsToday.com
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