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Archive for August 13, 2009

The Present Housing Market at Sabino Mountain

There are a few listings in Sabino Mountain that are priced where they should be to attract buyers. However, most of the Sabino Mountain listings are over-priced. There is a beautiful new listing that is approximately 3,000 finished square feet and is built by Monterey Homes on Sunset Cliff Place. It has a pool and many, many upgrades and is priced below 450K. This new listing is priced where it should be to sell! There is also a drop-dead gorgeous home priced just over 1 million on Boulder Canyon that has all the bells and whistles and is a custom one-story contemporary backing to the gorgeous Sonoran Desert. This is a great home for contemporary lovers that want a gated community with lots of privacy.

Sabino Mountain is a truly majestic place to live, but buyers are not going to pay over the market, so many who have their homes for sale need to reduce their prices or take the houses off the market. Another alternative is to rent their homes and sell it when the market improves and they can net a higher price. After all, who wants to just waste time?

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