We’ve seen this one before – it sold for $1,750,000 in 2013, and $2,275,000 in 2016 – it just sold again for $2,350,000. The house is 3,574sf on a 15,000sf lot.
Klinge Realty Group
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024
- (858) 997-3801 call or text
CA DRE #01527365, CA DRE #00873197
The best frenzy sale for February so far (+29% over list price), especially considering it's higher-end, but the month isn't over: https://www.bubbleinfo.com/2021/02/25/frenzy-of-the-month/
Have Mr. Fitch come talk to me.....California was downgraded to “overvalued” after a 7.1% price gain in a year — an increase that was only No. 30 among the states. A year earlier, Fitch graded California’s market as “sustainable” (properly priced). https://www.ocregister.com/2021/02/25/bubble-watch-are-california-home-prices-5-9-too-high/
New home sales up 19% YoY. You can't buy what's not for sale (existing homes), but you can build it. Inventory remains low for both existing and new homes, pushing up prices.