Market Report: Heating UP In Corte Madera
Yes, the Chronicle says we’re in the midst of a giant downturn. The IJ says home sales plummet in January (they did).
Someone forgot tell home buyers in Corte Madera. Real estate sales have picked up quite a bit here. For example, 247 Sausalito, asking $799,000:
Four offers, after 10 days, according to the Selling agent. Now in contract.
And 438 Oakdale, also Corte Madera, $850,000:
Four offers, five days, now in contract.
And 4 Wildflower Court? Asking $1,089,000.
Four days, two offers, now in in contract.
And then 215 Chapman just closed at $875,000 - there were five offers on that, asking was $799,000!
What’s going on?
First, they were all well-priced. Second, three were in Chapman Park, one in Madera del Presidio, both highly desirable neighborhoods in town. Finally smart buyers know that this is a good time to buy - we haven’t had a market this good for buyers in a very long time.
Combine that with some realism on the part of Sellers - and you get action. More about some great deals coming soon….
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