WOODSIDE
630 Ramona Street Palo Alto, CA 94301
February 2019 Real Estate Market Report
By Adriana Trenev — Your Woodside Real Estate Specialist Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2019
REALTOR® | CalBRE# 01893246 Global Luxury Property Specialist Relocation Specialist
For a New Generation of Buyers:
MILLENNIA LS
650.383.5697
www.WoodsideLuxuryHome.com
WOODSIDE QUARTERTO-QUARTER SNAPSHOT
Adriana@LuxuryCurated.com LuxuryCurated.com
2019 MORTGAGE
Follow me on:
HOLD ERS
THANK YOU VERY MUCH, ADRIANA!
“
My name is Jay and I bought my home through Adriana. It was a new development — only one house was left — and Adriana got the price reduced by $20,000. I have bought a few homes over the years and purchasing a home with Adriana was an exceptional experience. As everyone knows, the Bay Area housing market is very challenging for home buyers. You need someone who has in-depth knowledge and experience in the Bay Area. Adriana possesses those skills to make your home buying experience a pleasant one. Thank you very much, Adriana; we will see you at our house warming party soon. - Jay H. | Buyer
”
45% Millennials
37% Gen Xers
17% Baby Boomers
WOODSIDE MARKET REPORT & MARKET ACTIVITY
HOW WILL ADRIANA ATTRACT THE RIGHT BUYERS? • In an age where home shopping starts online, Adriana will help your home shine on featured real estate websites with professional photos, drone imaging, and a video tour. • Adriana can offer resources to upgrade the home’s energy efficiency and other smart home updates, making your home more appealing to younger buyers.
NEW GENERATION OF BUYERS: MILLENNIALS See Back Page
• Millennials are concerned about making each space of their home usable. With Adriana’s advice, your home can be staged in a way to help buyers visualize their new lifestyle. • Location and affordable cost of living are huge selling points and can be emphasized in marketing pieces and during showings of the home. Jonathan and Angela-Marie, If you’ve considered selling, you could benefit from the new generation of buyers looking for a home. Call Adriana today at 650.383.5697 to find out what your home is worth in today’s market! www.daveramsey.com/blog/real-estate-trends
Prepared Especially for J O N AT H A N A N D A N G E L A - M A R I E W I L L I A M S
2018 QUARTER-TO-QUARTER MARKET SNAPSHOT
ADRIANA TRENEV REALTOR® | CalBRE# 01893246 Global Luxury Property Specialist Relocation Specialist
AVERAGE SALE PRICE / LIST PRICE
650.383.5697
100.7%
1st Quarter 2018
94.5%
99.5%
4th Quarter 2018
2nd Quarter 2018
99.5%
3rd Quarter 2018
1st Quarter 2018 2nd Quarter 2018 3rd Quarter 2018 4th Quarter 2018 $4,450,000
$5,375,000
$3,800,000
$11,908,750
$8,108,750
Average Sold Price
$4,228,571
$6,227,820
$4,632,182
$12,679,375
$8,047,193
Low Sold Price
$2,250,000
$2,653,200
$2,675,000
$6,900,000
High Sold Price
$6,000,000
$11,000,000
$7,454,000
$20,000,000
7
10
11
4
-7 PPSQFT Difference
Average Price Per SqFt
$1,208
$1,513
$1,321
$1,908
Low Price Per SqFt
$831
$702
$787
$1,429
High Price Per SqFt
$1,504
$2,628
$2,136
$2,522
Average Days on Market
73
74
55
65
Low DOM
0
2
0
37
High DOM
231
375
230
100
$587
100.7%
99.5%
99.5%
94.5%
Real Estate Market Report
JONATHAN AND ANGELA-MARIE, If you want to know what your home would sell for in today’s market, contact me today at 650.383.5697.
WOODSIDE HOMES CURRENTLY LISTED BEDROOMS
B AT H R O O M S
E S T I M AT E D S Q U A R E F E E T*
LIST PRICE
L I S T D AT E
Active Active
4 3
2.0 2.0
1,700 2,000
$1,798,000 $1,895,000
01/26/19 01/25/19
Active Active Active Active Active Active
4 3
2.1 3.0
2,700 2,400
$3,995,000 $4,795,000
01/26/19 08/20/18
3 6 4 4
3.0 7.1 4.2 4.1
2,900 7,500 5,900 6,000
$4,950,000 $5,988,000 $5,995,000 $10,900,000
11/01/18 01/28/19 10/21/18 01/14/19
Active Active Active Active
5 4 4 7
5.1 3.1 5.1 7.1
5,900 4,600 11,000 7,200
$12,000,035 $13,900,000 $17,988,000 $24,500,000
09/28/18 09/06/16 05/07/18 01/07/19
There are currently 3 Woodside homes pending. DOM Difference
For information on these listings, please call me at 650.383.5697.
10
WOODSIDE HOMES SOLD IN THE LAST 60 DAYS S TAT U S A D D R E S S
SP/LP Difference Average SP/LP
www.WoodsideLuxuryHome.com
WOODSIDE
S TAT U S
Quantity Difference
LuxuryCurated.com
Is there anything more important to you than the highest possible price for your home?
Price Difference
Median Sold Price
Homes Sold
Adriana@LuxuryCurated.com
-5.0%
B E D R O O M S B AT H R O O M S
E S T I M AT E D S Q U A R E F E E T*
LIST PRICE
L I S T D AT E
SOLD PRICE
S O L D D AT E
Sold Sold
160 Greer Road 215 Josselyn Lane
7 5
4.1 5.2
5,500 6,000
$16,500,000 $9,995,000
09/17/18 09/23/18
$14,250,000 $9,317,500
01/22/19 12/18/18
Sold
45 Roberta Drive
5
7.1
9,400
$21,800,000
08/30/18
$20,000,000
11/27/18
Adriana Trenev and Coldwell Banker are not in any way affiliated with Woodside Owners Association, nor is this in any way an official advertisement or publication of Woodside. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MLS Listings Inc. between November 28th, 2018 and January 28th, 2019. Listings and sales may not be those of Coldwell Banker. The MLS Listings Inc. does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Estimated square feet are rounded to the nearest hundred.