You exactly can't call the Tree Section "crowded" right now.
It felt that way for stretches last year. Right now, though, there are some lingering listings and it's getting tense among them.
There are only a few to several weeks left in the market. Those who want to sell need to make a move.
You've seen…
You exactly can't call the Tree Section "crowded" right now.
It felt that way for stretches last year. Right now, though, there are some lingering listings and it's getting tense among them.
There are only a few to several weeks left in the market. Those who want to sell need to make a move.
You've seen several cutting and clustering around the $2.4M mark:
1408 Walnut (4br/3ba, 3000 sqft.) (pictured) is a late 90s Mediterranean with some updates. They recently cut to $2.425M.
2317 Pine (4br/3ba, 2600 sqft.) just cut today to $2.399M, its first time under $2.4M since launch 4 months ago.
2009 Elm (4br/3ba, 3100 sqft) is another late 90s Mediterranean that just made its 5th cut and is at $2.439M.
And there are more. We'll show them below. Many between $2.3M-$2.6M share basic size, age and style.
What we found particularly interesting about this gathering of similar inventory at similar prices... well, we haven't really seen a closed sale of any property that looks a lot like them since the June 30 close of Dave's clients' purchase of 3005 Maple at $2.450M. (Still a good deal on a good home, we'd say.)
Take a look at all recent sales in the Tree Section at this link. Newest sales are shown first. See what you think.
Meantime, below are all the properties now listed in the Trees from $2.0-$3.0M. These are ordered lowest to highest.
Which ones will sell before quitting for the holidays?
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of July 17th, 2024 at 10:17pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.