December 11th, 2009 by Michael Oliver

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In the Pinnacle Peak neighborhood on Tucson’s North side a home just closed escrow for an amazing 25.3% less than an identical home (in floor plan and most features) did in the same neighborhood six months ago. This home is a newer (for the Catalina Foothills) contemporary home built in 2001 by A.F. Sterling. The property sold for $635,000 after over a month on the market. For those unaware of what prices go for in Pinnacle Peak that is an extremely low price for a home. This property was 3541sf, 4 bed, 4 bath, 3 car garage, with a pool. Another home of the same exact size and amenities closed escrow for $850,000 just a few months ago showing just how cheap of a price a $635k is for this home that just closed.

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