Olivenhain Mid-Level

With $2,000,000 fast becoming the entry point for older tract houses, this is a good example of what to expect at the next level up – this closed for $3,180,000.

There have already been eight Olivenhain sales that closed higher this year!

Just Sold in Olivenhain

I am running short on videos – there are fewer homes for sale, and the list of homes worthy of a video is even shorter. We saw this one a couple of months ago, and it just closed on September 16th for $3,600,000, which was $100,000 over list.  Knowing that, the video might be more intriguing now?

Olivenhain Single Level

After she took five listings at the same price, I joked with the listing agent here that maybe every house was worth $3,200,000 now!  I don’t think any of them were worth $3 million before this year, and this is the only one that has closed under list:

Olivenhain 2 Acres With View

This was the Private Exclusive off-market listing that hit our intra-office website late in the afternoon and literally the next day most of the top Compass agents and me rushed over there to check it out.

Both buyer and seller take a gamble on price when transacting off-market. Since this was filmed, two sales on Rancho Encinitas Drive have closed for over $4,000,000, so this buyer should be happy with their $3,230,000 purchase price here (which was $405,000 over the list price).

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