Thursday, November 1, 2007

$8 million home sale sets Tucson record

The Arizona Daily Star reported today that the sale of home in Tucson's Catalina Foothills area set a new record at $8 million. The home, which was not publicly listed (sorry, no photos!) is 7,200 square feet, has a glass bridge walkway, a large patio and pool with waterfall. This sale beat the last recorded high dollar sale for a Tucson home located in Saguaro Ranch, which took place in March. That home sold for a price of 4.95 million.


Photo courtesy of the AZ Daily Star

Though the average sales price for a Tucson home is about $279K there are a large number of luxury homes available for those who can afford it. The luxury home market has held strong even through the Tucson housing slump; 15 homes priced at 2 million or above have sold in the last six months. Better buy that lottery ticket!

For more info about the Tucson area home selling for $8 million

1 comment:

Anonymous said...

The Arizona Daily Star reported today that the sale of home in Tucson's Catalina Foothills area set a new record at $8 million.

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Julie
Entertainment at one stop