Sienna at Markwood

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. Sienna at Markwood in Chandler is only a mile and a half from the very popular Crossroads Towne Center with major tenants such as Michael’s, 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 you’re looking for a good deal right now, don’t wait too long!  The prices in Sienna at Markwood in Chandler 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 Year Highest Price Paid Square Feet Ave. Price Paid Ave. Square Feet
2005 $754,000 4,325 $546,000 2,944
2006 $790,000 4,325 $483,000 2,811
2007 $600,000 3,994 $371,000 2,524
2008 $543,000 4,325 $342,000 2,751
2009 $425,000 4,332 $285,000 2,875

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 today’s 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.  Here’s the breakdown for closed price per square foot in the respective square foot range:

Square Foot Range Price 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 you’re thinking of making a move to Sienna at Markwood in Chandler, whether buying or selling, please give me a call.  480.273.7472


One thought on “Sienna at Markwood

  1. Pingback: The Trails at Abralee Meadows « Stephanie Weiss Moves

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