I am always saddened when I see a home sell at 1.6 million 11 years ago and now sell for a lot less at $1,058,000. This is especially so when the last sale was in 2003 well before the peak of the market for homes over a million in the Catalina Foothills. 5969 N Camino Preciado tried for a very long time to sell, off and on with more than one agent, and with a few price reductions and then finally sold today after being represented by Tierra Antiqua. This beauty has 4,300 square feet and is sited on almost 2 acres; it is 13 years old with a lovely backdrop of La Paloma Golf Course.
Of course, the market is difficult for homes priced over a million which is great for buyers who now have ample choices, but very hard on Sellers.
If you want to explore the great deals for sale in the Catalina Foothills, give me a call at 620-615-2598. You may be surprised at how much home you can get for your money.