Here is advice for Sellers, directly from the California Association of Realtors. SELLERS . . please let the Buyers view your home comfortably, so they can imagine themselves living there. It will greatly benefit your successful sale.
By: Jeni Pfeiffer, Associate Broker, Realtor®
The Bay Area Real Estate currently has 2,126 ACTIVE Status units (available for sale) in the Santa Clara County. July 2019 recorded 1,238 Single Family, Condo and Town Home SALES ranging from $11,080,000 (543 Seale Avenue, Palo Alto 94301) to $330,000 (247 N Capitol Avenue,#227, San Jose 95127) with 26 Average DOM. The average price was $1,385,492 with 50% of the Sales selling between $700,000 – $1,300,000. Properties priced 10 – 15% below the height of 2018 prices are now selling. Over-priced properties are lingering on the market. Low mortgage interest rates, currently in the 3% range, are favoring Buyers.
Dave Weinstein, of Eichler Network, recently published a fascinating article about “Rose Glen” San Jose Eichler owner, Karina Marshall, sleuthing to learn more about the history of her housing tract, designed by A. Quincy Jones in the early 50’s post WWII. I have represented Buyers for Eichlers in this wonderful, original Eichler housing tract neighborhood in San Jose. Karina located this advertisement for Eichler Homes priced between $14,800 – $16,750 featuring luxurious architect-designed homes with such custom extras as engineered radiant heating, Armstrong Cork floors, wood paneled walls, concrete patios and welcoming Vets.
The Eichler Homes have become Iconic and highly sought after. The Rose Glen Neighborhood’s most recent Eichler sales are:
- $820,000 – 831 Menker Avenue , San Jose 95128, SOLD on 05/15/2015
- $925,999 – 861 Richmond Avenue , San Jose 95128, SOLD on 06/15/2015
How’s that for appreciation? CLICK HERE for The CA Modernist article “Newcomer Rediscovers Neighborhood’s History” by Dave Weinstein