| Address | Original Price | Sold Price | % | DOM |
| Berkeley Map Area 1 | ||||
| 2371 EUNICE ST | $1,245,000 | $999,500 | 80% | 108 |
| 780 Spruce | $1,125,000 | $940,000 | 84% | 87 |
| 2471 CEDAR ST | $999,500 | $1,000,000 | 100% | 74 |
| 1501 OLYMPUS AVE | $648,000 | $618,000 | 95% | 34 |
| 2 QUAIL AVE | $940,000 | $890,000 | 95% | 35 |
| 34 FLORIDA AVE | $1,195,000 | $1,195,000 | 100% | 15 |
| 14 QUAIL AVE | $635,000 | $650,000 | 102% | 14 |
| 763 CRAGMONT AVE | $985,000 | $1,050,000 | 107% | 12 |
| 1542 LE ROY AVE | $1,795,000 | $1,702,240 | 95% | 13 |
| 2 GREENWOOD CMN | $1,079,000 | $1,260,000 | 117% | 22 |
| 192 FAIRLAWN DR | $489,000 | $512,000 | 105% | 14 |
| 1946 MARIN AVE | $799,000 | $750,000 | 94% | 21 |
| Totals | $11,934,500 | $11,566,740 | 97% | 37 |
| Berkeley Map Area 2 | ||||
| 1178 COLUSA AVE | $850,000 | $777,000 | 91% | 65 |
| 532 Vincente Avenue | $1,080,000 | $970,000 | 90% | 36 |
| 740 ENSENADA AVE | $599,000 | $600,000 | 100% | 15 |
| 641 NEILSON ST | $760,000 | $744,050 | 98% | 12 |
| 1950 Vine St | $550,000 | $560,814 | 102% | 19 |
| 1793 SAN LORENZO AVE | $839,000 | $860,000 | 103% | 27 |
| 1821 HOPKINS ST | $1,060,000 | $1,030,000 | 97% | 17 |
| 1972 YOSEMITE RD | $1,295,000 | $1,250,000 | 97% | 39 |
| 560 COLUSA AVE | $769,000 | $750,000 | 98% | 18 |
| 1531 THOUSAND OAKS BLVD | $679,000 | $699,000 | 103% | 12 |
| 551 NEILSON ST | $795,000 | $875,000 | 110% | 9 |
| 1727 CAPISTRANO AVE | $798,000 | $882,000 | 111% | 13 |
| Totals | $10,074,000 | $9,997,864 | 99% | 24 |
| Berkeley Map Area 3 | ||||
| 1607 Martin Luther King Jr Wy | $1,290,000 | $1,035,000 | 80% | 93 |
| 1538 Martin Luther King Jr Wy | $875,000 | $820,000 | 94% | 51 |
| 1306 MILVIA ST | $1,195,000 | $1,350,000 | 113% | 13 |
| 1740 MCGEE AVE | $579,000 | $665,000 | 115% | 11 |
| 1332 CARLOTTA AVE | $850,000 | $1,111,000 | 131% | 16 |
| 1410 CYPRESS ST | $699,000 | $650,000 | 93% | 8 |
| 1510 JOSEPHINE ST | $995,000 | $1,230,000 | 124% | 14 |
| Totals | $6,483,000 | $6,861,000 | 106% | 29 |
| Berkeley Map Area 4 | ||||
| 1421 HEARST ST | $599,000 | $550,000 | 92% | 6 |
| 1377 FRANCISCO ST | $550,000 | $600,000 | 109% | 15 |
| 1607 BELVEDERE AVE | $579,000 | $615,000 | 106% | 14 |
| 1488 KEONCREST DR | $719,500 | $793,000 | 110% | 11 |
| Totals | $2,447,500 | $2,558,000 | 105% | 12 |
| Berkeley Map Area 5 | ||||
| 1429 HARMON ST | $534,900 | $426,000 | 80% | 270 |
| 2512 RUSSELL ST | $975,000 | $1,244,000 | 128% | 13 |
| 1532 7TH ST | $499,000 | $575,000 | 115% | 15 |
| Totals | $2,008,900 | $2,245,000 | 112% | 99 |
| Berkeley Map Area 6 | ||||
| 1716 7TH ST | $474,900 | $449,900 | 95% | 15 |
| Totals | $474,900 | $449,900 | 95% | 15 |
| Berkeley Map Area 7 | ||||
| 1521 PARKER ST | $539,000 | $575,000 | 107% | 21 |
| 2350 WEST ST | $515,000 | $515,000 | 100% | 0 |
| Totals | $1,054,000 | $1,090,000 | 103% | 11 |
| Berkeley Map Area 8 | ||||
| 3034 HARPER ST | $389,000 | $401,000 | 103% | 16 |
| 2901 KING ST | $295,000 | $305,000 | 103% | 16 |
| 2604 MATHEWS ST | $795,000 | $855,000 | 108% | 14 |
| 2641 MATHEWS ST | $499,000 | $490,000 | 98% | 30 |
| 2754 MATHEWS ST | $519,000 | $535,000 | 103% | 14 |
| 1314 67TH ST | $449,000 | $475,000 | 106% | 15 |
| Totals | $2,946,000 | $3,061,000 | 104% | 18 |
| Berkeley Map Area 9 | ||||
| 2111 WOOLSEY ST | $579,000 | $540,000 | 93% | 53 |
| 2509 WOOLSEY ST | $975,000 | $961,435 | 99% | 13 |
| Totals | $1,554,000 | $1,501,435 | 97% | 33 |
| Berkeley Map Area 10 | ||||
| 67 EL CAMINO REAL | $849,000 | $810,833 | 96% | 23 |
| 3020 BATEMAN ST | $799,000 | $825,000 | 103% | 15 |
| 3300 CLAREMONT AVE | $975,000 | $975,000 | 100% | 14 |
| 49 EVERGREEN LN | $1,545,000 | $1,565,000 | 101% | 7 |
| 46 ROANOKE RD | $711,000 | $699,000 | 98% | 8 |
| 19 ALVARADO RD | $1,595,000 | $1,806,000 | 113% | 19 |
| Totals | $6,474,000 | $6,680,833 | 103% | 14 |
Thursday, July 31, 2008
Berkeley Home Sold Prices for July of 2008
The East Bay real estate market remains strong, as evidenced by the recorded sales in Berkeley for the month of July. Many homes have still sold for more than the asking price. We captured Berkeley to give a snapshot indication of the market for the month of July. Oakland, Albany, El Cerrito and Kensington statistics are also available upon request.
Friday, July 18, 2008
Places Worth Caring About
The original noble purpose of this blog was to explore new ways to encourage and cultivate good citizenship in our communities. A new era is upon us. Fuel prices are increasing and fringe topics such as "New Urbanism" and "Living Locally" are gaining mainstream popularity. Suddenly it seems that community just might be what saves our planet and the human race. We knew it was a noble cause.
The East Bay is unique. There are no big box stores in Berkeley. For years I have heard its citizens proudly differentiate themselves from suburbia. Our urban centers have neighborhood or street names like Rockridge and Piedmont Avenue. It hasn't always been clear why this is better...until recent social studies sought to duplicate and distill its charms.
From the Charter of the New Urbanism:
The East Bay is unique. There are no big box stores in Berkeley. For years I have heard its citizens proudly differentiate themselves from suburbia. Our urban centers have neighborhood or street names like Rockridge and Piedmont Avenue. It hasn't always been clear why this is better...until recent social studies sought to duplicate and distill its charms.
From the Charter of the New Urbanism:
We advocate the restructuring of public policy and development practices to support the following principles: neighborhoods should be diverse in use and population; communities should be designed for the pedestrian and transit as well as the car; cities and towns should be shaped by physically defined and universally accessible public spaces and community institutions; urban places should be framed by architecture and landscape design that celebrate local history, climate, ecology, and building practice.To get a sense of the places we have created as a nation-- and the places we need to build and care about in the future, watch the following James Howard Kunstler discussion titled, The Tragedy of Suburbia. Please note that the F-word is used in his speech. Do not watch if you would find this offensive. The video takes approximately twenty minutes. If you want to skip any offensive language and get to the heart of the matter, the last four minutes are worthwhile.
Friday, July 11, 2008
Bargain Hunting For Homes Can Be Misleading
Many buyers looking for foreclosure deals are finding Internet research tools misleading.
"Pre-forclosure" lilstings do not only artificially inflate the numbers of available listings for a particular area...From an Inman News article posted on July 7, titled When Prices are Too Good to be True, by Matt Carter:
"A constant stream of headlines about rising foreclosures and falling home prices in many U.S. markets might lead bargain hunters to believe that there are some incredible deals to be had out there....
Is the housing downturn so bad that you can now swoop in and buy a house in Hermosa Beach, Calif., for less than $100,000? A search for foreclosure properties on Trulia -- which puts the average sale price of a home in the coastal city at $1.67 million -- might lead you to believe that the answer is yes.The problem is that most, if not all, of these properties aren't officially on the market. They are "pre-foreclosures," meaning that their owners have defaulted on a loan, prompting a lender to begin the foreclosure process."
"The reality is that the majority of homes that start the foreclosure process never complete it. The borrowers refinance, catch up on their payments, or do something else to avoid foreclosure." - Brad Geisen, the founder and chief executive officer of Foreclosure.com...they also grossly misrepresent the prices.
"If you are looking for the best deal... contact a Realtor!""They may represent the amount outstanding on the loan that's in default -- sometimes a relatively small second loan -- or the amount that the borrower is in arrears. Real estate agents, investors and sophisticated buyers will know that it's impossible to buy a house in Hermosa Beach for $4,712. But first-time home buyers may miss the fine print on sites like Yahoo and Trulia that explains that this is not the home's listing price -- and that the property may not even be for sale." - Matt Carter, Inman News
Doug Birnbaum, a Realtor with Veranda Homes in Costa Mesa, Calif., said he recently fielded a call from a client who saw what she believed was a listing for a four-bedroom house for $100,000.
"In Costa Mesa, there's not going to be a four-bedroom for less than $350,000," he said. The $100,000 figure "could have been the second mortgage in default, "Birnbaum said, but "the Web site was so misleading I never actually figured out where the property was -- there was no address, just an intersection."
That experience led Birnbaum to post a warning on Trulia Voices, titled: "RealtyTrac, are the prices too good to be true?"
"It appears that ReatlyTrac is posting homes on Trulia for shockingly low prices, "Birnbaum wrote. "Now what these prices actually reflect is the dollar amount of one of the liens on the home. This in no way reflects ... the true value of the home. If you are looking for the best deals in this red hot market, contact a Realtor!"
Friday, July 4, 2008
Tuesday, July 1, 2008
Berkeley Home Sold Prices for June of 2008
The East Bay real estate market remains strong, as evidenced by the recorded sales in Berkeley for the month of June. All areas averaged less than thirty days on the market and many sold for more the the asking price. We captured Berkeley to give a snapshot indication of the market for the month of June. Oakland, Albany, El Cerrito and Kensington statistics are also available upon request.
Note: Berkeley Hils Realty may not have participated in all of the above sales. Information is provided via the MLS system and is only as accurate as the information entered into the system.
| Address | Original Price | Sold Price | % | DOM |
| Berkeley Map Area 1 | ||||
| 2577 ROSE ST | $1,000,000 | $885,000 | 89% | 104 |
| 769 SPRUCE ST | $1,245,000 | $1,400,000 | 112% | 66 |
| 1406 QUEENS RD | $729,900 | $655,000 | 90% | 37 |
| 1036 MARIPOSA AVE | $1,250,000 | $1,300,888 | 104% | 15 |
| 2683 SHASTA RD | $1,395,000 | $1,450,000 | 104% | 17 |
| 561 SANTA CLARA AVE | $1,095,000 | $1,095,000 | 100% | 14 |
| 704 WILDCAT CANYON RD | $895,000 | $895,000 | 100% | 22 |
| 927 EUCLID AVE | $989,000 | $1,020,000 | 103% | 6 |
| 749 CRAGMONT AVE | $779,000 | $879,000 | 113% | 23 |
| 901 ARLINGTON AVE | $1,095,000 | $1,302,000 | 119% | 10 |
| 1336 SUMMIT RD | $1,395,000 | $1,422,000 | 102% | 12 |
| 33 STEPHENS WAY | $1,598,000 | $1,383,384 | 87% | 21 |
| 2381 EUNICE ST | $849,000 | $885,000 | 104% | 4 |
| Totals | $14,314,900 | $14,572,272 | 102% | 27 |
| Berkeley Map Area 2 | ||||
| 914 MODOC ST | $1,165,000 | $1,125,000 | 97% | 12 |
| 499 COLUSA AVE | $785,000 | $760,000 | 97% | 21 |
| 525 NEILSON ST | $715,000 | $775,000 | 108% | 15 |
| 908 MENDOCINO AVE | $1,800,000 | $1,825,000 | 101% | 11 |
| Totals | $4,465,000 | $4,485,000 | 100% | 15 |
| Berkeley Map Area 3 | ||||
| 1320 Martin Luther King Jr Way | $625,000 | $550,000 | 88% | 34 |
| 1635 CEDAR ST | $610,000 | $585,000 | 96% | 17 |
| 965 MENDOCINO AVE | $1,095,000 | $1,259,000 | 115% | 14 |
| 1547 JOSEPHINE ST | $699,000 | $752,750 | 108% | 10 |
| 1641 FRANCISCO ST | $650,000 | $780,000 | 120% | 14 |
| Totals | $3,679,000 | $3,926,750 | 107% | 18 |
| Berkeley Map Area 4 | ||||
| 1355 BERKELEY WAY | $650,000 | $680,000 | 105% | 20 |
| 1324 SANTA FE AVE | $619,900 | $612,000 | 99% | 5 |
| Totals | $1,269,900 | $1,292,000 | 102% | 13 |
| Berkeley Map Area 7 | ||||
| 2416 SACRAMENTO ST | $425,000 | $389,000 | 92% | 6 |
| 1141 ADDISON ST | $410,000 | $391,000 | 95% | 43 |
| 2415 ACTON ST | $639,000 | $669,000 | 105% | 7 |
| Totals | $1,474,000 | $1,449,000 | 98% | 19 |
| Berkeley Map Area 8 | ||||
| 1110 Parker | $895,000 | $869,000 | 97% | 23 |
| 1603 Russell St. | $506,500 | $490,000 | 97% | 31 |
| 2815 PARK ST | $683,000 | $683,000 | 100% | 1 |
| Totals | $2,084,500 | $2,042,000 | 98% | 18 |
| Berkeley Map Area 9 | ||||
| 2649 DANA ST | $650,000 | $638,000 | 98% | 33 |
| 3020 WHEELER ST | $499,000 | $512,500 | 103% | 14 |
| 2137 WARD ST | $499,000 | $437,000 | 88% | 36 |
| 3034 FULTON ST | $659,000 | $806,000 | 122% | 14 |
| 2210 DERBY ST | $749,000 | $915,000 | 122% | 14 |
| Totals | $3,056,000 | $3,308,500 | 108% | 22 |
| Berkeley Map Area 10 | ||||
| 2742 PRINCE STREET | $1,095,000 | $900,000 | 82% | 49 |
| 4 ALVARADO PL | $1,780,000 | $1,700,000 | 96% | 16 |
| 2813 KELSEY ST | $1,295,000 | $1,325,000 | 102% | 38 |
| 545 PANORAMIC WAY | $799,000 | $775,000 | 97% | 11 |
| 2648 STUART ST | $879,000 | $883,000 | 100% | 14 |
| 28 OAKVALE AVE | $1,395,000 | $1,350,000 | 97% | 11 |
| 200 THE UPLANDS | $1,195,000 | $1,254,000 | 105% | 6 |
| Totals | $8,438,000 | $8,187,000 | 97% | 21 |
Note: Berkeley Hils Realty may not have participated in all of the above sales. Information is provided via the MLS system and is only as accurate as the information entered into the system.
Subscribe to:
Posts (Atom)