Wayne Haraguchi - Eden, Lynhaven, & Primrose - May 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

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

“Attention To Detail Makes The Winning Difference”

MAY 2020

For Current Listings and Community Information, please visit:

REAL ESTATE MARKET REPORT

WWW.95117HOMES.COM

Success by Wayne Haraguchi!

Highest West San Jose Sale Price in Over a Year!

For Homes up to 1,400 Sq. Ft. with Award Winning Moreland Schools per MLS Listings

SOLD $322,000 OVER LIST PRICE 20 OFFERS IN 8 DAYS

SOLD ALL CASH 8-DAY CLOSE OF ESCROW

4527 Borina Drive | West San Jose, 95129 | $1,620,000 3 Beds, 2.0 Baths | 1,376 Sq. Ft. | 6,034 Sq. Ft. Lot | Built in 1956

240 Oak Grove Court | Morgan Hill, 95037 | $1,200,000 4 Beds, 3.5 Baths | 3,232 Sq. Ft. | 7,002 Sq. Ft. Lot | Built in 2012

Kind Words From Sellers “Wayne has worked with us and our family 7 times when purchasing and selling properties. We found Wayne to be a highly attentive agent, almost as if we were his only customers, although we know that was not the case.

He returned all phone calls and emails the same day. We never felt neglected or unimportant. He is also highly personable with an engaging personality. Wayne was honest about some minor changes that we needed to make in our home to attract buyers quickly, and his advice worked like a charm. We are pleased to recommend him to anyone looking to buy or sell a home. He is the best in the business hands down! Wayne will be our only choice in real estate agents.”

-Matt and Kelly Crawford, 240 Oak Grove Court “My brother has known Wayne for over forty years, and since my mother’s house is in this area, Wayne was the perfect choice as our Realtor. With all his experience, he knew exactly what prospective buyers were looking for in a house. Based on Wayne’s recommendations, we made some minor changes and upgrades which resulted in a totally modern-looking, beautiful home. Consequently, the house sold quickly and above the asking price. He is very knowledgeable and personable and keeps you updated throughout the entire process. Wayne would be an excellent choice if you want to buy or sell a house.”

-Janice (Yoshihara) Olsen, 4527 Borina Drive

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!

WWW.95117HOMES.COM PREPARED ESPECIALLY FOR

JONATHAN-THOMAS AND ANGELA-MARIE WASHINGTON

PRESENTED BY WAYNE HARAGUCHI Your 95117 Real Estate Specialist

Wayne Haraguchi REALTOR®

I extend my heartfelt thanks and appreciation to all of my clients. These are difficult times, but we will get through them together. I would also like to express gratitude to all of my clients and I hope you’re staying healthy. Should you need any assistance, please don’t hesitate to contact me.

CA DRE# 00958201

408.390.3790 wayne@haraguchi.com www.haraguchi.com

“Attention To Detail Makes The Winning Difference”

HOMES OF WEST SJ 95117 REAL ESTATE MARKET REPORT

THE SELLING FRENZY IS COMING NOW IS THE TIME TO GET YOUR HOME READY TO SELL!

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.

95117 HOMES CURRENTLY LISTED Status

Beds

Total Baths

Est. Sq. Ft.

Age

Lot Size

List Price

Active

3

3.0

2,192

66

8,187

$1,349,999

Active

2

1.0

1,082

79

9,408

$1,350,000

Active

3

2.0

1,488

78

5,488

$1,450,000

Active

3

2.0

1,956

72

11,781

$1,585,000

THERE ARE TWO HOMES CURRENTLY UNDER CONTRACT IN HOMES OF WEST SJ 95117 95117 HOMES RECENTLY SOLD Status Address

Beds

Total Baths

Est. Sq. Ft.

Age

Lot Size

List Price

Sold Price

COE Date

Days On Market

Sold

3240 Gleneeden Way

3

1.5

1,239

67

8,875

$1,250,000 $1,300,000

05/01/20

17

Sold

3406 Madonna Drive

4

2.0

1,702

59

7,075

$1,498,000 $1,600,000

04/23/20

0

Sold

629 Hamann Drive

4

2.0

1,380

64

6,875

$1,375,000 $1,475,000

04/21/20

7

Sold

780 Blaisdell Court

4

2.0

1,951

65

8,215

$1,399,000 $1,500,000

04/14/20

8

Sold

977 Daffodil Way

4

2.0

1,662

60

6,132

$1,400,000 $1,630,000

04/10/20

8

Sold

997 Westmont Court

3

2.0

1,551

52

6,823

$1,400,000 $1,400,000

03/18/20

0

Sold

1089 Phelps Avenue

4

3.0

2,199

58

6,163

$1,398,888 $1,635,000

03/18/20

0

Sold

1057 Woodbine Way

5

3.5

3,162

61

14,726

$1,998,800 $2,225,000

02/28/20

6

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

12/24/19

68

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 May 5th, 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

MARKET FACTORS

RESILIENCE

ALWAYS ESSENTIAL

Prior to COVID-19, the housing market showed signs of a hot spring season. The pre-pandemic market strength gives many experts hope that losses are temporary.

During four of the last five recessions, home prices continued to increase. The only exception was in 2008; however, this was triggered by real estate itself.

What separates the stability of the housing market from other economic indicators like the stock market? It comes down to need. People will always need a place to live.

The comeback is expected to be quick. With historically low interest rates, home buyers and investors will start buying at the first signs of normality. This will only delay spring purchasing, setting the stage for a frenzy by July.

While the housing crisis is still fresh on our minds, the U.S. housing market has weathered all other recessions since 1980.

Traditionally, the housing market actually aids the economy in recovering from recessions.

After regulations lift, there will certainly be hesitant buyers, but there will also be those patiently waiting to enter the market and take advantage of low interest rates. Life itself is not paused, and large life events haven’t stopped.

Source: https://www.mymove.com/buying-selling/covid-19/post-covid-real-estate-frenzy/

Jonathan-Thomas and Angela-Marie, Timing is critical to take advantage of the coming market. Waiting until summer will be too late - it’s important to stand out. Call me to help get your home ready; it’s what I do best! 408.390.3790.