Fifty-two Foothills Homes are Under Contract for 379K and Over

Although there are 90 homes under contract in the prime Tucson Foothills zip codes of 85750 and 85718, only 52 of them have a list price of $379,000 and over.  Many of the lower- priced homes (under 379K) are condos.  Every price range is represented except the $800K – 1 million price range which only reveals one sale; this is quite unusual and maybe just an anomaly. This demands a close watch in the months to come and could mean that the typical  Foothills move-up market is pretty dead at the present time. There are 10 homes that are priced over 1 million that are under contract and 14 homes that are priced from 379K – 450K that have also joined the  successful sales ranks. Apparently the high-end buyers and the first-time home buyers are still very attracted to the Foothills.  First time home buyers usually find the number one attraction is the top-ranked schools, and the high-end buyers find the Foothills has a magnetic charm with remarkable beauty, fresh air, and fantastic climate that is affordable compared to Scottsdale, San Diego,  and Naples, etc. 

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