Add a comment | Sunday, January 17, 2010
These two Los Gatos homes for sale prove that a listing price is rarely a selling price in our Real Estate market. We are at a crossroads. It just isn’t what you might think;
131 Millrich Dr. this Los Gatos house sold for nearly 1% less than the asking and 411 Clearview Dr., a townhome, sold for nearly 5% over the listing price !
A reminder that ’sweet spotting’ your asking price will always pay off.
The good news….neither property was a short sale.
2 Los Gatos Houses sold this week,
131 MILLRICH DR, Los Gatos 95030 (Los Gatos)Single Family Home 3 bed(s) Baths: 4|1 bath(s) SqFt: 2,593 Lot: 9,100 sq ft
List Price: $1,449,000 Sold Price $1,332,000.00
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411 CLEARVIEW DR, Los Gatos 95032 (Los Gatos)Townhouse 3 Beds, 2|1 Baths: SqFt: 2,122 Lot: 2,220 sq ft
List Price: $749,000 Sale Price: $780,000
Assoc. Fee: $428
We see a crossroads ahead…one where the buyers in the Los Gatos Real Estate Market aren’t in the driver’s seat. Could this mean the homes for sale are in a Seller’s market?
Remember…
Spring is coming and the end of the $8000 First time buyer’s credit is there waiting. I wonder if will lead to more vigorous sales?…bidding?
