Eye On Arizona

Las Sendas Housing Market Snapshot: Home Sales Slightly Increase While Median Home Prices Decline

April 16, 2009

By:  Ann Belfield

Home sales increased a mere 6% in the year-over-year comparison for the time period from January 1st to April 16th this year as compared to last year, while the median sales price experienced a 28% decline. With a median sales price of $318,246, Las Sendas is an affordable alternative to similar picturesque places in the valley like North Scottsdale. Las Sendas market activity has seen a 98% increase in active listings from January 1 to April 16, 2009 as compared with the same period last year.

With an increase in active listings on the market, it presents an opportune time for buyers to purchase their dream home property, while taking advantage of low interest rates and possibly other government incentives.  The table below presents a summary of the year-over-year statistics for the January through April time period.

About Las Sendas.

The majestic community of Las Sendas, nestled amongst the Tonto National Forest is a jewel in the City of Mesa, Arizona. With similar geographical amenities as North Scottsdale, the gated master planned community of Las Sendas is elevated from the Valley’s floor, providing beautiful city lights and sunset views. The community offers housing ranging from townhomes to exclusive multi-million dollar custom homes.

Dream homes can be viewed throughout Las Sendas.  Custom homes within Las Sendas are unique architecturally and blend well into the desert. Recently, an18,000 square foot “solar” mansion, under construction in the Peaks of Las Sendas, was featured in the Arizona Republic (azcentral.com). This $4 million mansion is poised to be one of the largest solar powered homes, with a 20.16 kilowatt system, in the Salt River Project’s grid. Other homes around Las Sendas have solar and some pools are solar heated. The community itself presents a sustainable minded landscape, limiting the use of grass and promoting the use of native, low-water use plants.

For more information on properties in and around Las Sendas and Mesa, Arizona, visit Arizona Red Rock Properties.com.

Posted in: AZ Housing Market, Las Sendas