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Palo Alto

2019 MARKET REPORT

SO

LD

FEATURED HOME

232 Coleridge Avenue, Palo Alto 94301

Class: Res. Single Family List Price: $15,000,000 Status:Sold Beds: 4 Sale Price:$13,000,000 MLS#: ML81742469 Baths (F/P): 5 (4/1) List Date: 03/13/2019 DOM: 94 SqFt: 3,085 SqFt (Tax) COE Date: 06/28/2019 HOA Fee: Lot Size: 28,750 SqFt X St: Bryant Elem: Walter Hays Elementary / Palo Alto Unified High: Palo Alto High / Palo Alto Unified Public:This classic beauty built in 1925 is situated on one of the most desirable streets in prestigious Old Palo Alto and is sited on a very rare 28,750 sq. ft. lot. The home’s distinctive stucco façade, deeply recessed keystone panel door, timbered balcony and wrought iron grille work are defining features of the Spanish Colonial Revival style that is the iconic architectural signature of the City of Palo Alto. Designed by Birge Clark, the home’s comfortable floor plan features high ceilings, and well-proportioned rooms with large windows and French doors for maximum natural light and harmonious integration of interior and exterior spaces. Architectural details include handsome millwork and 3 noteworthy Batchelder tile fireplaces. Rare opportunity to purchase a unique property in the finest Palo Alto location!

Want a Market Analysis? Email us at info@KBrehmerRealtor.com


HOWâ&#x20AC;&#x2122;S THE MARKET 2019 SOLD STATISTICS PRICE RANGE < $800K $800K-$1M $1M-$1.5M

SOLD

PERCENTAGE SOLD

4 33

g g

$1.5M-2M $2M-$3M $3M-$4M $4M-$5M $5M-$6M $6M-8M $8M-$10 > $10M

39 142 104 45 13 12 5 3

g ggg ggg g g g g g

MARKET TRENDS | MONTHLY & YEARLY Palo Alto Homes Sold 60 50 40 30 20 10 0

Jan

Feb

Mar

Apr

May

Jun

Jul

201 8

201 9

Aug

Sep

Oct

Nov

Dec

Thinking of buying or selling? Give us a call at 650.485.1680


2019 SOLD PROPERTIES Factors such as location, location, location, lot size, upgrades, and schools effect the desirabilty and price. Overall, smaller, starter homes will have the highest Price/SqFt and highest demand. TOP PRICE/SQFT PER PRICE RANGE ADDRESS

LIST PRICE

SOLD PRICE

% OVER

DOM

BEDS

BATH

SQ FT

PRICE SF

$788,000

$805,000

2.2%

67

1

1|0

682

$1,180

$879,000

$1,100,000

25.1%

4

1

1|0

693

$1,587

$1,950,000

$1,950,000

0.0%

7

1

1|0

720

$2,708

$2,995,000

$2,275,000

-24.0%

57

2

1|0

710

$3,204

$3,800,000

$3,100,000

-18.4%

5

3

1|1

1,146

$2,705

$4,500,000

$4,400,000

-2.2%

1

2

1|1

1,381

$3,186

$5,488,000

$5,800,000

5.7%

6

5

4|1

3,000

$1,933

$7,649,000

$7,300,000

-4.6%

94

4

3|1

3,131

$2,332

$9,500,000

$9,450,000

-0.5%

0

8

7|2

5,225

$1,809

$17,500,000

$13,000,000

-25.7%

94

4

4|1

3,085

$4,214

< $800K (0 Homes Sold) $800K - $1M (4 Homes Sold) 4250 El Camino Real , #D129 $1M - $1.5M (33 Homes Sold) 3901 Middlefield Road, #H $1.5M - $2M (39 Homes Sold) 2151 Princeton Street $2M - $3M (142 Homes Sold) 571 Colorado Avenue $3M - $4M (104 Homes Sold) 2812 Waverley Street $4M - $5M (545Homes Sold) 421 Tennyson Avenue $5M - $6M (13 Homes Sold) 835 Homer Avenue $6M - $8M (12 Homes Sold) 1301 Hamilton Avenue $8M - $10M (5 Homes Sold) 1479 Hamilton Avenue > $10M (3 Homes Sold) 232 Coleridge Avenue

Kevin Brehmer

Luxury Property Specialist www.KBrehmerRealtor.com kbrehmer@KBrehmerRealtor.com 650-485-1680 cell CalRE #02040055 NvRE: #0066171 The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents and are not employees of the Company. Š2018 Coldwell Banker Residential Brokerage. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Owned by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. CalRE #01908304.

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