San Lucas Offers Buyers Newer Homes at Affordable Prices
San Lucas is a master planned community that is just off I-10 going north on I-10 out of Tucson and Marana. Richmond American, DR Horton and Lennar have been busy building here the past 7 years!
In a quarterly analysis of the are, looking at new construction AND resale, there are 44 homes either active, under contract, or closed since the end of October.
Of those, 29 involved new construction. This is definitely a community where new construction is booming!!
For the purpose of this report, I'm only going to look at the 15 resale properties.
8 are short sale
1 is foreclosed upon, or REO
This community and comparables may be influenced by the amount of distressed sales. Call me for an in-depth analysis if you are thinking of listing your home.
8 homes have closed in the past three months.
4 were short sale, and 1 was REO, so over 50% of the solds since October were distressed
There are currently three homes for sale in San Lucas, Marana, AZ priced from $164,900 to $182,900 for 75 average days on the market.
Active averages: $89.79 per square foot All of the homes are the same size, currently, at 1933 square feet, but the lowest priced home is a short sale.
$87.88 per square foot
Price range from $123,000 to $188,900
32 days on the market
As you can see, the homes ACTIVE for sale are selling very close to list price. If San Lucas in Marana, AZ is a good location for you, imagine owning a home built in 2007 or sooner at these prices. Obviously, this is a great way to own a newer home for less!
Thinking of buying or selling in San Lucas, Marana AZ? For more information on the area, please read this previous blog on San Lucas Homes.
Please give me a call, drop an email or text for more information about this area of NW Tucson Homes and San Lucas Homes for Sale.