Wayne Haraguchi - Eden, Lynhaven, & Primrose - April 2020

Wayne Haraguchi REALTOR®

Referral Realty 1601 S. De Anza Boulevard, Suite 150 Cupertino, CA 95014 Each Office is Independently Owned and Operated.

CA DRE# 00958201

408.390.3790 wayne@haraguchi.com www.haraguchi.com “Attention To Detail Makes The Winning Difference” For Current Listings and Community Information, please visit:

WWW.95117HOMES.COM

HOMES OF WEST SJ 95117 EDEN, LYNHAVEN, CYPRESS & PRIMROSE APRIL 2020

REAL ESTATE MARKET REPORT

PENDING SALE WITH 20 OFFERS!

4527 Borina Drive | West San Jose, 95129 | Offered at $1,298,000 3 Bedrooms, 2 Bathrooms | 1,376 Sq. Ft. Home | 6,034 Sq. Ft. Lot | Built in 1956

Kind Words From Sellers We would like to take a moment to thank you for being such a wonderful agent who is Wayne Haraguchi. He was working so hard for selling our house in a professional manner, caring and knowledge in the real estate business. We have enjoyed this exciting and dramatic experience so much throughout the course of the selling process, to completing the sale. When we had an open house, actually I and my wife have been at overseas. Wayne has emailed us to inform the situation in details everyday, day and night. So we really appreciated his sincerity, favor and cooperation there. It was truly a pleasure to be served by Wayne. Thank you again to have an opportunity to get a service with Wayne.

WWW.95117HOMES.COM PREPARED ESPECIALLY FOR

JONATHAN-THOMAS AND ANGELA-MARIE WASHINGTON

-Saku & Anthony Kim

DEAR JONATHAN-THOMAS AND ANGELA-MARIE,

If you’re curious about your home’s current value, whether for future sale, estate planning, or any other reason, call me today at 408.390.3790. Let my marketing go to work for you!

PRESENTED BY WAYNE HARAGUCHI Your 95117 Real Estate Specialist

Wayne Haraguchi

DO YOU KNOW YOUR HOME'S TRUE VALUE?

REALTOR® CA DRE# 00958201

Receive the most accurate assessment of your home's value, provided to you as a complimentary service by Wayne Haraguchi, your Homes of West SJ 95117 real estate specialist.

You will not be contacted with any other solicitation.

408.390.3790 wayne@haraguchi.com www.haraguchi.com

WWW.95117HOMES.COM

“Attention To Detail Makes The Winning Difference”

HOMES OF WEST SJ 95117 REAL ESTATE MARKET REPORT

JONATHAN-THOMAS AND ANGELA-MARIE, If you would like an accurate assessment of what your home would go for in today’s real estate market, please call me at 408.390.3790.

Home prices grew slower in 2019 than 2018, and this year seems like it will be no different. Experts predict that home prices will rise 2.8% in 2020, so you’ll likely see home prices continue to creep up.

Status

Beds

Total Baths

Est. Sq. Ft.

Age

Lot Size

List Price

Active

3

1.5

1,239

67

8,875

$1,250,000

Active

2

1.0

1,082

79

9,408

$1,350,000

Est. Sq. Ft.

Age

Lot Size

List Price

The Majority of Home Buyers Are Still Millennials Sold Price

COE Date

Days On Market

Sold

3227 Riddle Road

3

3.5

2,348

71

7,956

$1,368,888 $1,320,000

02/20/20

60

Sold

467 Cypress Avenue

5

2.0

2,900

125

11,591

$1,550,000 $1,580,000

02/18/20

6

Sold

3294 Oxford Lane

3

3.0

2,260

55

9,969

$1,375,000 $1,500,000

01/28/20

4

Sold

3417 Madonna Drive

3

2.5

2,086

57

6,558

$1,397,888 $1,375,000

Sold

627 Shearton Drive

3

2.0

1,677

64

6,825

Sold

425 Fenley Avenue

3

1.0

1,095

69

Sold

976 Trifone Drive

3

2.5

1,656

Sold

745 Cypress Avenue

3

1.0

1,237

12/24/19

68

$1,070,000

12/12/19

42

9,660

$1,125,000 $1,200,000

12/10/19

8

59

7,078

$1,300,000 $1,235,000

12/10/19

7

64

5,942

$1,074,999 $1,057,000

12/09/19

73

$995,000

Mortgage Interest Rates are Dropping (for Now)

What This Means for Sellers: Buyers will be more motivated to buy your home. An experienced real estate agent can help you set expectations.

95117 HOMES RECENTLY SOLD Total Baths

What This Means for Sellers: A nice profit may be on the horizon! Be aware of your competition. You want your home to really stand out from others - I can help!

Mortgage rates started going down in 2019—steadily dropping below 4.0% for common types of loans. In 2020, economists believe rates will stay around 3.7% for a 30-year mortgage and 3.2% for a 15-year mortgage.

THERE ARE TWO HOMES CURRENTLY UNDER CONTRACT IN HOMES OF WEST SJ 95117

Beds

What You Need to Know Home Prices are Still Rising Slowly

95117 HOMES CURRENTLY LISTED

Status Address

2020 REAL ESTATE TRENDS

Wayne Haraguchi and Referral Realty are not in any way affiliated with any Eden, Lynhaven, Cypress, and Primrose Home Owners Association, nor is this in any way an official advertisement or publication of Cypress, Eden, Lynhaven, and Primrose. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MLSListings as of March 3rd, 2020. Listings and sales may not be those of Referral Realty. The MLSListings Inc. MLS 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.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2020

Once again, millennials took the lead as the largest group (37%) of home buyers last year.

What This Means for Sellers: Know your buyer! Upgrade your online listing, highlight perks over size, and know popular features. Utilizing an expert real estate agent can help you prioritize key aspects to entice the right buyers.

Source: https://www.daveramsey.com/blog/real-estate-trends

JONATHAN-THOMAS AND ANGELA-MARIE, Take advantage of the current trends by partnering with your community expert.

Let me help you achieve your goals this year! Call me today at 408.390.3790.