Tucson Luxury home market

The Tucson Luxury Home Market deserves some notation, with all the press about the market in general nationwide and also locally.

Recent analysis of the Foothills of Tucson inventory and also recent sales shows that there around 140 homes on the market in the over $1,000,000 but the sales have been steady. It is also important to note that the most expensive sale in  our real estate history just sold  for $8,000,000.

Eventhough the inventory of Luxury homes gives the market enough for around a year, the average days on market has been running around 90 to 120 days for those Luxury homes that have been priced accordingly.

The sales price in the luxury home market has also been within 1 to 3 % of the list price which suggests that the affluent baby boomer generation has not  been affected by recent negative press nationally for the Real Estate market and locally  in the marketplace in Tucson Arizona.

To view all Luxury Homes and Estates available for sale over $1,000,000 in the Catalina Foothills area of Tucson, feel free to click the link below:

View_Luxury_Homes