Catalina Foothills Santa Fe at La Paloma Under Contract

la5670 N Calle Mayapan¬†with a List Price of 895K went under contract this weekend by Lynn Kline Realty, Inc. This 3,300 square foot home sited on 1.3 acres last sold 14 years ago for 750K. ¬†Wow; what slow appreciation and the List Price often does not reflect the final sales price which is almost always lower. Of course, we never know the Seller’s motivation since the former buyer’s financing fell-through, they may have been very motivated to take the next offer since the winter market has not picked up yet.