Adriana-Trenev - Woodside - February 2019

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.