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5/29/08 Willow Glen Realtor Tour

The theme of this week seemed to be 3 bedroom 1.5-2 bath in homes on busy streets. I have to say that the 1200 block Malone Rd where a 3 bed 1.5 bath priced at $829,000 in original condition is on a great part of Malone. However, the name Malone rings busy for many buyers and the rest of the agents seem to think it was a bit over priced (we shall see if we were right). Down on the busier part of Malone in the 1000 block near the corner of Lovoi the 3 bed 1.5 bath priced at $750,000 close to original condition the group of realtors seem to think it was priced well (again, we shall see!).

Here are some interesting numbers about this past week in Willow Glen’s real estate scene:

· 15 sales last week in area 10

· 225 active listings in Willow Glen this week 5/29/08

· 225 active listings in Willow Glen last week 5/22/08

210 active listings is the gold standard for a sign of a healthy market for this area. The fact that we are consistently in the 230-240 range (225 again this week!) indicates Willow Glen to be a stable market.

My pick of the week is 1798 Grace Ave. I imagine it is sold with multiple offers by now. Quiet street, FOUR car garage, priced well at $1,297,975 with good layout and recent quality updating.

Pick of the week!

Pick of the week!

WHAT IS YOUR FAVORITE LISTING RIGHT NOW?

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