One of the housing communities in our local market that is drawing attention from prospective buyers is the Wathen-Castanos built homes found in the gated communities of the European Quarters and European Parc.  Having been built during the last boom years, many of these homes are now distressed properties that have been foreclosed or are in the short sale process.  These communities can be found between Teague and Shepherd, just East of Willow in Clovis, CA.  These are communities that have security gates and green areas maintained by a HOA for $58 a month.  Wathen-Castanos homes have been leading in energy efficiency locally.  Some will find that one of the negative attributes of these homes is the small lot size.  Most of them are on lots that range from 3,000-4,000 sq. ft.  Often times the grass in some of the backyards is no more than the width of a sidewalk, around the back or sides of the homes.  Another noticeable negative feature is the close proximity of the home to the curb.  However, the great location, safe feeling of a gated community, modern designs, and energy efficiency outshinine the few negative features.  Homeowners within this housing community also benefit from the Clovis Old Town Trail which provides citizens with miles of paved paths to run, walk, or bike on.  In searching 90 days prior to today, 7 homes have sold in these communities.  Sales have been of homes ranging from 1,271-1,979 sq. ft.  Prices have ranged from $101-$153 per. sq. ft., with a low of $170,000 and a high of $199,900.  This variation in pricing is due to the wide range in house size and the various types of sales we have currently, foreclosures, shorts sales or traditional sales.  There are presently 10 homes in the process of being sold, whether listed as Active, Pending or Backup status in the MLS.  Prices of these homes range from $114-$145 per sq. ft., with the low being $175,000 and the high being $225,000.  As it seems with many housing communities in our local market, the homes still on the market in these neighborhoods may still have some room to come down in price, based upon the homes that have sold in the past 90 days.