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How is the Real Estate Market in Sierrafield? October 2023 Report

How is the real estate market doing? How much is your condo in Sierrafield worth?

The Spica Real Estate team provides a monthly video update to any interested Sierrafield owners about condo prices in Sierrafield. 

Here are some highlights from this month’s update (and the full video is below!):

What is the real estate market like in Sierrafield right now?  Here is the October 2023 Market update from the Spica Real Estate team:

  • There are only two condos on the market right now. One is pre-owned and the other is new construction.
  • 7357 Cactus Cove is the only pre-owned condo on the market right now. This is a Pearl floor plan with a sun porch and is an interior unit. It’s been on the market for a week or so but in today’s market that is becoming more and more normal.
  • 1252 Sand Springs Drive we put on the market a few weeks ago. This is one of the new construction condos in Building AA in the Greens of Sierrafield. It is one of the three condos that we will have in this building. The other two will hit the market in the next couple of weeks/months. This is the LAST building in the Greens of Sierrafield.
  • From there, we will move back to the Trails of Sierrafield. We are in the process of designing the next building in the Trails for Madera Court. Timing is still a little bit to be determined.
  • One other thing I wanted to talk about that’s not on your report is interest rates. Interest rates have been going up and have been fluctuating for the last couple of months. Everything we are hearing is that rates will likely go up a little more between now and the end of the year, but our best guess is that they will come down in the first or second quarter of next year.

As always, if you have any questions about anything in Sierrafield, what your condo might be worth, what’s happening in the real estate market, or any questions about your condo or real estate, we would love to be able to help you in any way that we can.

If you are thinking about selling your condo and are curious to see how this report impacts you and the value of your condo, give us a call at (616) 730-1254.

You can also review details of any condos in Sierrafield currently on the market by visiting this page on our site: Current Listings.

Do you want this video sent directly to your email inbox each month?  Sign up for email updates on the Spica Real Estate team’s site:

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