David Tyson , famed Tucson architect, who passed away 10 years ago built his own home in the Catalina Foothills at 5680 N Camino Real Real.
Realty Executives Tucson Elite was the listing broker and sold this home for $959,500.
This almost 4,200 square foot- 2003 built- SW Contemporary alludes David Tyson’s tasteful and functional architectural style. The house is sited to take advantage of the beautiful high Santa Catalinas. It is surprising it took 8 months to sell; perhaps some of the factors are that it only has a 2 car garage and had a spool and not a pool. Additionally, it is on septic and the neighborhood is not gated. However the lucky buyers purchased a timeless contemporary home that I am sure they will cherish that they have a piece of Tucson history.
In 2017 there were 45 homes sales in the Catalina Foothills Luxury Homes price range of 800K-1 million. There were 5 more home sales with 50 in the same price range in 2016.
While much of the country has seen appreciation in this price- range, in Tucson the luxury homes market is stable. With the stock market rising rapidly in 2017 and up-to-date, we may see more sales this year.
Click below to view~
45 Catalina Foothills Luxury Home Sales in 2017 priced 800K-1 Million
2017 had the same number of home sales 1 million + that it had in 2016 : it had 53 sales both years!
To view the homes that sold for 1 million and over in the Catalina Foothills click on the link below~
53 Sold Catalina Foothills Luxury Homes 2017 priced 1 mil.+
Long Realty listed and Tierra Antigua Realty found the Buyers for 6033 N Indian Trail that sold for 935K yesterday. This 9 year (young for the Catalina Foothills) home has over 4,300 square feet and is sited on about an acre in the small, gated community very close to Sabino Canyon of Ventana Reserve. The surroundings are of the high Santa Catalinas. Vacation at home here with solar heated pool with waterfall, spa, outdoor kitchen and fireplace.
It last sold 6 years ago as a Short Sale for 800K.
If we explore the number of homes sold in the Catalina Foothills from Jan 1st – Dec 6th there is a 24% uptick in the number of sales for the price- range 500K-800K from last year’s same time period. In 2006 for the same time period there were 195 sales versus this year that has had 242 sales. This is a popular price-range for snowbirds.
It is amazing to see the luxury real estate market in the Catalina Foothills has changed so little from last year to this year. Last year for the same time period there were 88 homes sales and for this year there were 89 home sales for the price range 800K and up in the zip codes 85750 and 85718.
Pima Canyon came in as the real winner with 12 homes sold so far this year versus last year for the same time period with only 7 homes sold. this year Alta Vista has had 9 homes sold so far this year versus last year for the same time period with only 2 homes sold; clearly another winner. Ventana Canyon has only had 7 this year in this price range versus last year with 9 home sales. La Paloma had 7 last year and the same figure this year! Skyline Country Club had less this year at 5 versus last year at 7 total luxury home sales. Cat 10 went down a little bit from 9 luxury home sales to 7 this year.
So what does this tell us? It tells us the luxury real estate market in the Catalina Foothills is stable. Home sales figures still are well below the peak of the market prices in 2007 and 2008 with little or no appreciation. It is still too early to tell what will happen this winter. Will there be many more luxury home sales in 2018? Will the prices appreciate? A lot may depend on the stock market – will it continue to go up? I will continue to report and let you know!
If you would like to explore the luxury home sales market in the Catalina Foothills, give me a call at 520-615-2598 or email me at Donna@DonnaAnderson.com.
3167 E Via Palomita which is an over 4,200 square foot Contemporary that is sited on over an acre and has excellent masonry construction, sold for $1,225,000. Long Realty listed it and Coldwell Banker Residential Brokerage found the buyers in only two and a half weeks’ time!
La Paloma Estates is a 24 hour gated community located in the epicenter of the Catalina Foothills. It is minutes from La Enchantada Shopping Center and is adjacent to the Westin La Paloma and its Golf Course.
Wanting to explore what the beautiful Catalina Foothills has to offer your future home needs; I am an email away at Donna@DonnaAnderson.com or call me at 520-615-2598.