Sierrafield Condominiums

What is the real estate market like in Sierrafield right now? Here is the August 2024 Market update from the Spica Real Estate Team:

- There are too many condos on this bi-monthly report so we had to trim a few off. A lot of this is new construction-related.
- 1250 Sand Springs is the last new construction condo remaining in the Greens of Sierrafield.
- We have 8 condos under construction on Madera Ct in the Trails. They are all ranch floor plans with full basements and are well underway. The first one should be finished within the next month or two.
- Lots of good activity with new construction, but we are also seeing quite a bit of activity with pre-owned condos.
- 7389 Rock Canyon in the Greens. They brought the price down quite a bit from the price on your spreadsheet of $424,900 to $409,900.
- 7467 Navajo Valley. This is a Cottonwood floor plan with a finished basement.
- 7360 Sierrafield Ct. This is a Pearl floor plan over in one of the newer areas of the Commons.
- 1214 Coopers Pass sold slightly above asking price.
- 7398 Cactus Cove sold at about 2.5% above asking price.
- We are seeing interest rates begin to drop a little bit and are expecting them to go down a little bit further this year which can really drive up demand.

As always, if you have any questions about anything in Sierrafield, what your condo might be worth, or what's happening in the real estate market, we would love to be able to help you in any way that we can. Please give us a call at (616) 730-1254.

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