they're still hanging tough at Villa Milano

I don't know if anyone's paying attention at Villa Milano at Rancho Sin Vacas, but the only two homes that have sold in there in the last six months, sold for $227 and $221/sf. And that was well before our latest financial woes took root.

Yet inexplicably, the 20 homes that are still for sale in Villa Milano are listed for an average of $322.79/sf. The high is $384/sf, and 15 of the 20 are above $300/sf.

And most of these homes have been on the market for more than 500 days, some for 600, 700 and more days. Hello! Anybody home
See them here> Villa Milano (link will expire on 12/28/08)

And Villa Milano's very nice. It's in a great Foothills location, in gated Sin Vacas, far from the maddening crowd. And the homes are nicely designed and built. But for some reason (price maybe?) it ain't working.

Worse yet, a year ago I wrote about Villa Milano,
villa milano at rancho sin vacas,
with basically the same story to tell. So this is now getting boring, even for me, so let's hope something changes by next year.

see my web site thefoothillsToday.com
to search for and learn more about Tucson Foothills Homes

Comments

[James]

Hey,
Thanks! Great post you have written on "they're still hanging tough at Villa Milano". Really I can say that your post is very informative, I'll come across your blog again when you will update it with new.
Thanks,
James
http://www.villavacations.com/

[condo Philippines]

This is interesting. I never thought of it that way. Thanks for this entry.

Mitch

[John Schneider]

kate, well, yes they are close together.
I've only been in five or six of them, and it's been a while, so I couldn't say if there are any with good views.
maybe I'll mosey up there and do my annual villa milano snooping,

[Kate]

John,
I like these homes, and I love the location. I've been watching them for a long time, even walked through the neighborhood once or twice. I wish I could talk myself into buying one, but when I look at the pictures the only thing I see out the windows are the sides of other homes.