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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!

Sales by Price Point November 10

Larry Bearse


Last year at this time, we were going through a distinct cooling period for a couple of months, so the comparison this year is favorable.

The market is surprisingly cool under $150K. Supply is low but buyer interest seems to have weakened in the last year. Over $150K, the market is consistently hotter than last year at this time.

The luxury market is in a better state than this time last year but remains relatively subdued between $1.5M and $2M.

The biggest improvement for sellers in in the range $350K to $400K, which is good news for new home developers.