Here’s a snapshot of the number of homes currently for sale and the number sold in the last 6 months, along with average list and sold prices, in some of our more esteemed foothills communities and subdivisions
Skyline Country Club Estates
12 for sale/average list = $1,189,242
5 sold/average sold = $803,000
*on top of which there’s a big foreclosure that has yet to hit the market in Skyline, a big $$$$ home that may well put even more pressure on prices
Hacienda del Sol Estates
4 for sale/average list = $1,098,000
2 sold/average sold = $564,500
Catalina Foothills Estates 10
10 for sale/average list = $1,222,790
5 sold/average sold = $1,051,000
* a year ago it looked like cat 10 was down for the count, but its recovered very nicely.
And while there’s still a years worth of inventory, it’s a huge improvement from what it was. Plus there are two in contract, one listed at $1.890.
Eleven Arches
0 for sale
0 sold
*there’s one last home in contract at a deep discount and after it closes that’s it for 11 arches. They’re out of the woods. While a year or so ago it too looked like a sinking ship - socked with homes that seemed like they’d never sell. But they did, albeit for big discounts, and some thru foreclosure or short sale. But that was then.
Cobblestone
2 for sale/average list = $1,874,500
2 sold/average sold = $943,750
*boring is in again
Canyons
7 for sale/average list = $3,469,306
0 sold
*the poster child for the super-luxe foothills market
and in this corner
Ventana Canyon Estates
11 for sale/average list = $1,299,173
0 sold
Ventana Canyon Mountain Estates
2 for sale/average list = $2,445,000
2 sold/average sold = $1,725,000
*here again, a year ago there hadn’t been a sale in the mountain estates in eons. Then this March it all changed and there’ve been 4 high-end sales since then averaging $1,837,500
Sin Vacas
8 for sale/average list = $821,988
5 sold/average sold = $577,560
*quietly holding their own
La Paloma Estates
4 for sale/average list = $1,395,000
1 sold/average sold = $845,000
*not good odds if you’re a seller, and a few other homes that were for sale in here have recently left the market unsold. And I’m guessing they’ll be back soon, January maybe.
Pima Canyon
19 for sale/average list = $2,003,605
2 sold/average sold = $1,620,000
*something’s gotta give, something’s gotta …
see thefoothillsToday.com
to find your Foothills home
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