2105 Oak has never sold.
You may see it as a "new" listing now, but that's not quite the case.
Built new as a spec home in 2006, this Craftsman-accented home (5br/5ba, 3100 sq. ft.) tried at
$2.5m in May 2007.
$2.5m... on Oak.
The listing ran through September 2007, about 5 months in total, dropping down to $2.1m.
…
2105 Oak has never sold.
You may see it as a "new" listing now, but that's not quite the case.
Built new as a spec home in 2006, this Craftsman-accented home (5br/5ba, 3100 sq. ft.) tried at
$2.5m in May 2007.
$2.5m... on Oak.
The listing ran through September 2007, about 5 months in total, dropping down to $2.1m.
But by Fall 2007, the writing was on the wall. This was not happening. The market had gone from strange, to declining, to tumbling.
It rented out.
But you've seen it recently. For a while.
2105 Oak re-emerged in May 2012, 5 full years after its first offering.
Asking price:
$1.999m. (Can we just call it $2.0m?)
It's been out there for a while. In a warm-to-hot market, it ran 4+ months on market with no takers.
Intriguingly, a roughly similar Mediterranean on the same side of Oak (
1209 Oak) has hung around for 6+ weeks at $200k less.
So if you're 2105 Oak, what do you do? Chop the price and try to compete?
Monday, they tried something else: They simply reset the clock.
It's now a new listing.
Same price, new MLS #. "New" listing.
133 DOM later.
It's almost embarrassing, but data-rich, fact-oriented Redfin displays it as a "new listing."
But of course it's not.
So does that re-list trick help them find a buyer?
It's still $2m on Oak. Place your bets.
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 20th, 2024 at 4:10am 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.