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Archive of "Las Sendas" Category
Las Sendas Housing Market Snapshot: Home Sales Slightly Increase While Median Home Prices Decline
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.
Las Sendas Housing Market Single-Family Detached Year Over Year Comparison:
January 1st to April 16th 2008-2009
01/01/2008-04/16/2008
01/01/2009-04/16/2009
% Change
Total Active
94
186
98%
New Listings
58
87
50%
# Sold
32
34
6%
Avg Sales Price
454,434
441,846
-3%
Median Sales Price
445,000
318,246
-28%
% of List Price (Closed Transactions)
94%
95%
1%
Source: ARMLS.Flexmls.com 16 April 2009. All information deemed reliable but not guaranteed.
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.
Housing Market Snapshot for: Las Sendas, Northeast Mesa, Arizona
By: Ann BelfieldLas Sendas, a picturesque master planned community in the desert foothills adjacent to the Tonto National Forest in Northeast Mesa, Arizona, presently has 144 single-family (s-f) detached houses for sale. The average price of homes that sold in the community in March was $275,167, while the average price of homes on the market is $964,056. The number of s-f detached home sales declined by 6 in March 2009 as compared to a year ago. The table below displays single-family detached home statistics for Las Sendas.
Snapshot of the Las Sendas Single-Family Detached Housing Market
Monday, April 6, 2009
Home Status
# of Listings
Average List or Sold Price
Avg. Approx SqFt
Avg Cumulative Days on Market
Active
144
$964,056
3,727
227
Closed
(March 2009)
5
$290,833
2,143
89
Homes up to $450,000
45
$328,150
2,234
195
Homes $450,000-$650,000
28
$550,787
3,174
240
Homes Over $650,000
71
$1,500,666
4,800
237
Source: ARMLS.Flexmls.com 06 April 2009 All information deemed reliable but not guaranteed.
Overall, Las Sendas experienced a 38% decline in homes sales from the same period last year, while the 85207 zip code where Las Sendas is located, experienced a 12% increase in homes sales. The City of Mesa experienced a 28% increase in sales, and the City of Phoenix experienced a 52% increase in sales compared with March 2008.
