Are we headed back into a seller-driven market, or is it just the price point ($625,000), model (3 bedroom, 2 bath with around 1600 square feet), or location, (pleasant complex in west side Sunnyvale with Cupertino schools) that lured over a hundred groups to the weekend open houses at my Crescent Terrace listing?
This situation is not unique, though.
My office in Cupertino reports that things are hopping in other price ranges and areas. We had 27 offers on a home in Cupertino listed for $1,049,000. Needless to say, it went way over.
It will be interesting to see what happens when we look at offers on my listing Wednesday afternoon.
3 comments:
Hi Bobbie: How many offers did you get on this one?
I planned to describe that crazy afternoon we had on Wednesday when the contingency is removed at the beginning of next week, but I can tell you that we had eleven offers on the townhouse, and it went for considerably over the list price.
Hi Bobbie: Eleven Offers!!!!
waiting for the story..
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