Is Las Sendas, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Las Sendas is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Las Sendas has remained a Seller's Market.

Key Takeaway

Las Sendas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Las Sendas, AZ

How much do homes in Las Sendas, AZ cost?

Median Sold Price

$767,500

$308/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$132,500(+20.9%)

Key Takeaway

Homes in Las Sendas have sold for 20.9% more than they did a year ago.

Summary: The median home sold price in Las Sendas was $767,500 in October 2024, up 20.9% from last year, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $411K$501.2K
+22.0%
3 $582K$650K
+11.7%
4 $635K$842.5K
+32.7%
5+ $925K$905K
-2.2%

Summary: Las Sendas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes decreased by 2.2%.

Median Sold Price Compared To Nearby Neighborhoods

Las Sendas
+20.9%
Desert Uplands
+7.0%

Housing Supply in Las Sendas, AZ

How many homes are available in Las Sendas, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5261+17.3%

Summary: The Las Sendas real estate market had 61 homes for sale in October 2024, a 17.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 2025
+25.0%
4 1924
+26.3%
5+ 1212
0.0%

Summary: The Las Sendas housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Las Sendas, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Las Sendas in October 2024, up by 71.4% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Las Sendas, AZ

How long does it take to sell a home in Las Sendas, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
65 Days48 Days-25.0%

Summary: Homes in Las Sendas had an average of 48 days on market in Oct 2024, down by 25% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Las Sendas are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in Las Sendas; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Las Sendas, AZ

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