Fall Real Estate Update | Las Sendas | Mesa, AZ

by Las Sendas Homes on September 27, 2012

Las Sendas living at its best, luxuryTemperatures are cooling and I think the “dog days” of Summer are behind us. The Las Sendas golf course will be re-seeded with winter rye in the next few weeks and the course is in very nice shape… as is the Las Sendas real estate market.

Only a few short months ago there were less than 40 homes for sale in Las Sendas which is a VERY LOW inventory. As of today there are 46 active listings so hopefully this trend continues. I personally would like to see active listings in the 60 -70 home range at any given time. There are 12 listings at “AWC” which means they are under contract and taking back up offers. In my experience it’s “usually” a waste of time looking at these if you are a serious buyer. There are 13 “pending” listings including a $3.9 million luxury estate… WOW!

Over the last 6 months a total of 130 homes have closed in Las Sendas, that’s an average of over 20 homes per month which equates to quite a lot of activity.

With interest rates now under 3.5% (this week anyway) timing has never been better for buying a home in Las Sendas. I actually have a client that is financing, with 50% down, and getting a 15 year mortgage at %2.7 with B of A, unheard of!!!

Please give us a call if we can answer any of your Las Sendas real estate questions, we are always here to help 🙂

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