1507 E Desert Garden Drive, Tucson, AZ 85718 was listed for $1,799,000 in January and sold for $1,500,000 the other day. And that’s the good news. (Zillow had it at $1,659,286)
The not so good news is the sellers paid $2,400,000 for it in 2006.
Looking at sales in PC just since January 2014 there’ve been quite a few price re-sets in recent years.
7398 N Mystic Canyon Drive sold for $1,227,000 in August 2008 and for $950,000 last week.
1347 E Desert Garden Drive, Tucson, AZ 85718 went for $1,075,000 in 2012 and for $945,000 in 2014.
7756 N Canyon Spirit Way, Tucson, AZ 85718 got $1,175,000 in 2012 and $890,000 in 2014.
2203 E Quiet Canyon Drive, Tucson, AZ 85718 sold for $1,126,664 in 2006 and for $975,000 in 2015.
2067 E Desert Garden Drive, Tucson, AZ 85718 has seen it all. It sold for $1,813,000 in 2006, for $1,500,000 in 2009, for $1,165,000 in 2014 and for $1,155,000 this May.
7264 N Ancient Mesa Place, Tucson, AZ 85718 sold for $1,475,000 in 2010 (after trying for $2.0+) and for $1,275,000 in 2014.
7808 N Ancient Indian Drive E, Tucson, AZ 85718 even outdid 1507 Desert Garden – it sold for $2,650,000 in 2005 and for $1,600,000 in 2011, and sold again in 2014 for $1,400,000. It was listed this year for $2,300,000, dropped to $2,195,000, but still no one took the bait.
2087 E Desert Garden Drive, Tucson, AZ 85718 sold for $2,200,000 in 2003 and for $1,999,500 in 2014.
There have been 10 other sales in PC during that time that, for one reason or another, did not see such sharp, or any, price drops at all.
Median sale prices in PC from;
2003 – 2008 were $1,350,000
2009 – 2012 were $1,237,500
2013 – 2016 are $1,100,000