November Update for Sendero Springs

Want to know what’s happening with all the real estate in Sendero Springs?  Here is a complete update for all the previously viewed homes (Gold, Silver, and Bronze).

There are currently seven homes for sale in Sendero Springs.

Gold – 0
Silver – 3
Bronze – 2
New homes (not yet reviewed) – 2

Gold Index

Gold is extinct!  The two available Gold homes have been withdrawn from the market so that leaves buyers with absolutely no opportunity to snatch up a Gold home.  See my review here for the latest Gold homes on the market – 3203 Lazada and 4307 Pasada.

Silver Index

With Gold homes being non-existent, that leaves plenty of opportunity for the Silver homes to get snatched up.  And buyers are not wasting any time.  Two homes (50% of available Silver) are currently under contract.  4004 Arbol reduced the price by $5,000 and is now pending.  3011 Luminoso also reduced the price by $5,000 and is pending.  Both of these homes were slightly overpriced so the price reduction helped them out.  However, price doesn’t solve everything.

4335 Angelico is still selling at a premium $98/sf after a $10,000 reduction.  3008 Asombra is selling at $70/sf after a $15,000 reduction!  You can see my reviews on each of those homes here and here.  Lastly, 4421 Angelico reduced the price by $5,000, didn’t sell, and has now expired.  You may remember this home as the “bed home.” (See my latest review here for the other Silver home.)

Bronze Index

Bronze homes are disappearing fast, but for all the wrong reasons!  Three homes have been withdrawn – 3002 Asombra, 3600 Luminoso, and 4400 Pasada.  That leaves 4106 Pasada as 1 of 2 Bronze homes left (See my latest review here for the other Bronze home.)  Those homes can be found here.

It’s not all bad news for Bronze homes though.  Two of them are actually pending!  You might be asking, how can Bronze homes be under contract if there are still Silver home available?  You can attribute a $15,000 price reduction for the sale of 4419 Pasada.  That puts this home at a reasonable $85/sf.  We still do not know how much they actually settled at either.  A similar $15,000 reduction helped 4303 Angelico also.

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