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Market Update – March 31, 2017

Our housing market is still very healthy.  Last week we had 8 offers on our Brahms Sunnyvale townhouse listing, 2 of which were all cash.  The White Plains fixer upper in the Highlands had 5 offers this week.  While we are “balancing” back from a heavy sellers market, it is best characterized as a very healthy market.  Buyers have a good chance to get what they want with slightly less competition than we had a year ago, and sellers have a solid market to get very respectable offers.

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Pending: 30 White Plains Ct, San Mateo 94022

30 White Plains Ct — $1,398,000.  Pending, COE 4/28/17 – 4 bedrooms, 2 bathrooms – 1670sf living space on a 9400sf lot – Mid century modern Eichler, Great potential on a cul-de-sac street. Mark’s Preview Notes: Ok, so it’s rough.  Original asbestos tile throughout will need abatement, and while you’re at it make sure you fix the significant foundation crack […]

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