Chandler Arizona Markwood

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Sienna at Markwood is another beautiful Chandler community with its Tuscan styled homes, was built in 2005 and 2006 by Trend and Brown Family Homes and is located on the southeast corner of Cooper and Queen Creek roads in Chandler. Its only a mile and a half from the very popular Crossroads Towne Center with major tenants such as Michaels, Barnes and Noble, Pier 1, Target and TJMaxx on the east side of Gilbert road and the Walmart Super Center, Home Depot, In and Out Burger and more on the west side and just off the 202 San Tan Freeway.

If youre looking for a good deal right now, dont wait too long! The prices in the community could not be better! To give you an example of just how good the prices are, in past years these homes were selling for
Sale YearHighest Price PaidSquare FeetAverage Price PaidAverage Square Feet
2005$754,0004,325$546,0002,944
2006$790,0004,325$483,0002,811
2007$600,0003,994$371,0002,524
2008$543,0004,325$342,0002,751
2009$425,0004,332$285,0002,875

There are currently 10 active listings, 21 pending and 20 that closed within the past 3 months. The active pricing ranges from $175,000 for 1,871 sf to $395,000 for 4,332 sf. Out of the 20 closings, 11 were lender owned properties, 4 short sales and 5 regular transactions. 2 were cash sales, 6 were FHA loans and 12 were conventional loans. They were on the market an average of 53 days which is GREAT by todays standards and they are fetching 100% of the list price. The highest price paid was $362,000 for 3,526 sf while the lowest was $175,00 for 1,871 sf. The average price paid was $268,000 for 2,630 sf. Heres the breakdown for price per square foot in the square foot range:
Square Foot RangePrice Per SqFt
1801-2000$113
2001-2250$114
2251-2500$109
2501-2750$99
2751-3000$100
3501-4000$89
Note: nothing closed in the 3001-3500 sf range

If youre thinking of making a move, whether buying or selling, please give me a call. Stephanie Weiss, 480.273.7472

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