8/17/2015 - 8/23/2015
With school starting back up, it's not all that surprising that we are seeing single digit closed sales numbers. There aren't too many families looking to pack up and move while their child is starting a new school year. With that being said, 15 listings did go pending this week.
The biggest closed transaction this week was a 3,525 S/F 4 bed, 3 bath home on Sequoia Avenue that closed for $2.6 mil. The home had a beautiful, elegant interior with coved ceilings and top quality modern amenities throughout. Not surprising that it sold for as much as it did - it only went for 737/SF.
The smallest sale this week? A 920 S/F 3 bed, 1 bath home on 1st Avenue. This home was not modern or updated in any sense, and the location is less than desirable. It closed for $655,000, or $711/SF.