WHAT ARE BUYER’S EXPECTATIONS IN A HOME? No one is denying that the spread of COVID-19 has had a profound impact on buyer confidence in the real estate market. However, a new study shows that many buyers still want to buy, with 30% reportedly looking at available listings more often than before their search was impacted. 20% of buyers reported expediting their home-buying timeline, citing low interest rates as their motivation. Buyers are putting new emphasis on searching for better common spaces.
Broker Associate, SRES, CSA DRE# 00927794
(650) 996-0123 tori.atwell@compass.com www.ToriSellsRealEstate.com www.OldMtViewHomes.com
Buyers reported that the following aspects held more importance to them in light of the virus:
43.5%
45.7%
45.7%
50.0%
[ Extra Bedrooms ]
[ Open Floor Plan ]
[ Good Lighting ]
[ Kitchen Style ]
Johnathan and Angela-Marie, Though buyers are being cautious, the drive to own a home is still alive and well. Now more than ever, you need an experienced Old Mountain View real estate agent who can help guide you through a successful transaction. Call me today at (650) 996-0123 to discuss your options.
167 S. San Antonio Road Los Altos, CA 94022
OLD MOUN TA I N V I E W
Real Estate Market Report July 2020
PRESENTED BY
Johnathan and Angela-Marie, If you should need any assistance during these unprecedented times, please don’t hesitate to contact me today at (650) 996-0123 or visit www.OldMtViewHomes.com.
(650) 996-0123
THERE ARE CURRENTLY 10 HOMES ACTIVE AND 5 HOMES PENDING NEAR YOU
OLD MOUNTAIN VIEW
HOMES SOLD SINCE JANUARY 1ST, 2020 NEAR YOU
AT-A-GLANCE STATISTICS
Bedrooms
Bathrooms
Estimated Square Feet*
Status
Address
List Price
List Date
Sold
551 Chiquita Avenue
2
1
Sold
108 Bryant Street
2
2
900
$1,698,000
03/03/20
$1,880,000
03/12/20
1,100
$1,298,000
02/18/20
$1,408,000
02/27/20
Sold
556 Chiquita Avenue
3
2
1,500
$1,998,000
02/13/20
$2,300,000
02/19/20
Sold
575 Bush Street
4
3
2,400
Sold
635 Yosemite Avenue
3
2
2,100
$2,938,000
02/10/20
$3,368,000
02/19/20
$2,448,000
01/30/20
$3,100,000
02/12/20
Sold
181 Centre Street
3
3
1,500
$1,500,000
01/30/20
$1,635,000
02/06/20
Sold
545 Sierra Avenue
4
3
2,100
Sold
66 Church Street
3
2
1,200
$2,878,000
01/22/20
$3,300,000
01/29/20
$1,998,000
01/02/20
$1,925,000
01/28/20
Sold
400 Chiquita Avenue
2
1
1,300
$1,300,000
01/03/20
$1,395,000
01/24/20
Sold
1650 Villa Street
4
3
Sold
954 California Street
3
4
1,500
$1,898,000
01/07/20
$2,000,000
01/15/20
2,200
$2,395,000
10/24/19
$2,297,000
01/01/20
Sold Price
Sold Date
Tori Ann Atwell and Compass are not in any way affiliated with Old Mountain View Owners Association, nor is this in any way an official advertisement or publication of Old Mountain View. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MLSListings between January 1st, 2020 through June 9th, 2020. Listings and sales may not be those of Compass. Compass is the brand name used for services provided by one or more of the Compass group of subsidiary companies. Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01079009. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale, or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. 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 is rounded to the nearest hundred. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2020
Average Active List Price: $2,827,200 Average Sold Price: $2,237,091 Average Days on Market: 17 Days Average Sold Price/Sq. Ft.: $1,438 Average SP/LP Ratio: 109.5%