La Costa Oaks North
This just closed for $1,944,000 cash – buyer only needed a $30,000 discount after 39 days on the market.
This just closed for $1,944,000 cash – buyer only needed a $30,000 discount after 39 days on the market.
This was filmed during broker prview and Portia marked it pending the same day. She did pretty good for an older house on a busy street – her sellers bought it from a flipper for $880,000 in 2016:
The crime of the century was committed at this house. At the end of 2021, the listing agent priced this house at $1,799,000, and then spooned it over to her flipper buddy for $1,650,000 without putting it on the open market. TWO MONTHS LATER, the flipper listed it for $2,895,000 and these sellers paid $3,250,000 in February 2022! Then they listed it for $3,299,000 last month and got it.
GET GOOD HELP!
Tracey allowed me to video her new listing in La Costa Valley if I promised to bring a buyer who saw it here! Open Sunday 1-3pm:
Two new listings and a $20,000 price reduction in the LCV. It will get even more exciting next weekend!
The best part of attractive pricing is that it helps to weather the demand dynamics. We’re not going to get the 22 offers we got last week, but 100+ people have seen the home, and offer #4 just arrived.
This is where the little dip in Alicante causes cars to go 40-50MPH right by the home:
My quick tour of the home that garnered ten offers:
I’ll find someone to buy my $2,295,000 listing in La Costa Oaks, and it could be the last LCO listing of the year. It will mean that LCO sellers will be expecting at least $2-something in the 2023 selling season, which won’t feel like prices dropped much while buyers were on vacation.
La Costa Oaks sales, last 90 days:
The listing agent Seth gave me permission to run these clips as long as I find the buyer! So if you watch this film and want to buy it, then you gotta call me!
As hot as our market is right now, it sure seems like we will get off to a fast start in 2022!
The first house mentioned in this video is linked here. The LCV home was listed for $1,695,000 and closed for $2,000,000 for a 2,438sf tract house built in 2000 on a 9,198sf lot. The sale closed on October 21st: