6175 E Avenida De Chaparron, a 12 year old, 4,500 square foot home, sited on less than a third of an acre, sold yesterday for 900K; it last sold in 2006 for $1,275,000 (marketed by Long Realty). This represents a sales price of 30% less than it sold for in 2006. This is par for the course, as far as depreciation goes for luxury homes in the Catalina Foothills. Many believe the prices have bottomed, especially on homes priced below a million. Interest rates have never been so low, so it certainly is an opportune time to purchase your dream home. Don’t hesitate to call me at 520-615-2598 or email me at Donna@DonnaAnderson.com, should you want to explore the beautiful Catalina Foothills homes for sale.