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Market Update

A market update for Las Sendas, North East Mesa, and East Valley residents who want to keep an eye on the market!

Ave. Sq. Ft. Price

Connor Bearse

Although the average price per square foot for monthly sales has been moving higher as we predicted, the pending listing average price per square foot has moved lower at the same time. This means there is only a small amount of upward momentum left for the market as a whole. Most of this momentum is concentrated in homes that are priced below $300,000. Even here it is the areas closer to the center of the valley that are moving up strongly while interest in the outer regions declines.