During all the recent back to school activities, I got asked "how's the market?" "I heard the market was slowing down?" As typical for summer, the number of transactions were down but the prices were still very strong on the good, well priced, well marketed homes. Finally, the East Bay continues to garner some long over due attention it deserves. Below is a sampling of some of the market mania.
P.S. Get ready to hold on to your hats as the next wave of homes is getting ready to hit the market right after Labor Day. Remember, don't hesitate to call if I can help.
Prince Street
Oakland, Grand Lake
List Price: $875,000 | Sold Price $1,400,000
Number of offers: 12 | Over bid: 60% Conventional
11+ Buyers still looking for something to buy!
Spruce Street
North Berkeley
List Price: $850,000 | Sold Price: $1,450,000
Number of offers: 15 | Over bid: 71% Cash
14+ Buyers still looking for something to buy!
Park Way
Central Piedmont
List Price: $1,850,000 | Sold Price: $2,550,000
Number of offers: 4 | Overbid 38% Conventional
3+ Buyers still looking for something to buy!
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Locksley Avenue
Rockridge
List Price: $995,000 | Sold Price: $1,425,000
Number of offers: 8 | Overbid 43% Cash
7+ Buyers still looking for something to buy!
Harbord Drive
Upper Rockridge
List Price: $995,000 | Sold Price: $1,420,000
Number of offers: 5 | Overbid 43% Conventional
4+ Buyers still looking for something to buy!
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