UNIQUE SOLUTION FOR LISTING YOUR HOME
__________________________________________________________
Real estate values are down but some people still need or want to sell their home. I believe I can offer you a unique service which is both cost-effective and will add value to your home or a family member or friend's home. My services will save YOU time while enhancing the marketability of the property you wish to sell.
I am now affiliated with Intero Real Estate Services in Menlo Park. For over 14 years I've been an agent with proven expertise in preparing mid-peninsula homes for re-sale. I have developed a cost-effective, multi-faceted approach to dealing with the challenges most often faced by sellers, and am able to include all of the services I provide as a part of my commission structure. (I spend approximately one percent of the list price on cosmetic upgrades).
YOU SELECT ME AS YOUR AGENT ... THEN TRUST ME TO ACOMPLISH THE FOLLOWING:
•1. Complete clean-up of property.
•2. Cosmetic enhancements such as interior painting, floor work, light fixtures as needed, and light landscaping.
•3. Minor repairs such as strapping water heaters and repairing plumbing leaks.
•4. Complete "house staging" including supply, delivery and placement of furniture, artwork and accessories. Since I own my own staging furniture and accessories this can be done at no cost to you and still leave money for cosmetic upgrades.
Let me show you how I can turn your residence into an appealing home that will most likely sell more quickly and for a better price than if left unstaged its original condition. You will get these great cosmetic upgrades for just the price of my commission.
I would love to have the opportunity to speak with you about how my services can help you. References and pictures of my work are available upon request.
Marcy Moyer
Intero Real Estate Services
PH. #: 650-619-9285
EMAIL: marcy@marcymoyer.com
D.R.E. 01191194
•· Palo Alto Ca Single Family Home Market Update 11-03-09
•· As of today this is the snapshot of the Palo Alto single family home market:
86 Active listings
56 Pending sales
So, active listings continue to decrease. Pending sales are also down a little, but not as much as active listings have decreased. Here are the interesting numbers for this week:
Under 2 million: Active 59 Pending 45 a great ratio!
Over 2 million 27 active and 11 pending which on the face is not bad but there is more:
Over 2.6 million: 20 active listings and ZERO pending sales. This will probably change in the next week, but the pattern of the upper end of the market being slow has not changed.
2 million t 2.6 million: 7 active listings 11 pending sales This is a very healthy segment right now.
My prediction for the upper end market is still the same as last week. I think that we are going to start to see some short sales if the seller's have overleveraged their homes and need to sell. Banks are starting to streamline the short sale process and the credit hit is not nearly as severe as a foreclosure. Added to that is the fact that the debt relief is not taxed by the feds leads me to believe that we will not see a wave of foreclosures in Palo Alto, but maybe a trickle of short sales if the employment picture does not pick up or if a homeowner needs to leave the area.
•· If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then type in any address next to the search icon and get the county records.
If you need anything else please feel free to contact me. I am here to help you.
Marcy Moyer Intero Real Estate
650-619-9285
DRE 01191194
•· Palo Alto Ca Single Family Home Market Update 10-25-09
•· As of today this is the snapshot of the Palo Alto single family home market:
93 Active listings
61 Pending sales
What does this mean? Inventory has decreased again, down to a more favorable number for sellers, especially in the under 1.5 mil range, and pending sales are up. To me the big news is that between Sept. 1, 2009 and Oct 10, 2009 there were 43 single family home sales on MLS. Of these, three homes sold over $2,000,000 and 40 sold under $2,000,000. That is not good news for sellers in the over 2 million market. That segment has a long way to go before we see any real recovery. However, as of today there are 8 pending sales between $2,089,000 and $2,198,000 which is good for that segment. There are still only 4 pending sales over 2.2 and the 49 remaining pending sales are all under 2 million. My prediction for the upper end market is that we are going to start to see some short sales if the seller's have overleveraged their homes and need to sell. Banks are starting to streamline the short sale process and the credit hit is not nearly as severe as a foreclosure. Added to that is the fact that the debt relief is not taxed by the feds leads me to believe that we will not see a wave of foreclosures in Palo Alto, but maybe a trickle of short sales if the employment picture does not pick up or if a homeowner needs to leave the area.
•· If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then type in any address next to the search icon and get the county records.
If you need anything else please feel free to contact me. I am here to help you.
Marcy Moyer Intero Real Estate
650-619-9285
DRE 01191194
•· Palo Alto Ca Single Family Home Market Update 10-13-09
•· As of today this is the snapshot of the Palo Alto single family home market:
102 Active listings
55 Pending sales
What does this mean? After a big increase in inventory after Labor Day the inventory has decreased again down to a more favorable number for sellers, especially in the under 1.5 mil range. To me the big news is that between Sept. 1, 2009 and Oct 10, 2009 there were 43 single family home sales on MLS. Of these three homes sold over $2,000,000 and 40 sold under $2,000,000. That is not good news for sellers in the over 2 million market. That segment has a long way to go before we see any real recovery.
•· If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then type in any address next to the search icon and get the county records.
If you need anything else please feel free to contact me. I am here to help you.
Marcy Moyer Intero Real Estate
650-619-9285
DRE 01191194
| Summary Of Comparable Properties | |||||||||||
| Single Family Residential | |||||||||||
| Address | City | Beds | Bath | DOM | LOE | SqFt | $/SqFt | Lot(SqFt) | List Price | Age | Sale Price |
| SOLD | |||||||||||
| 2061 Webster St | Palo Alto | 6+ | 4+ | 113 | 36 | 4,136 | $846.23 | 7,150 | $3,699,000 | 9 | $3,500,000 |
| 1135 Greenwood Av | Palo Alto | 5 | 4+ | 87 | 27 | 3,800 | $851.32 | 7,750 | $3,525,000 | 4 | $3,235,000 |
| 455D Forest Av | Palo Alto | 4 | 3 1/2 | 55 | 7 | 2,412 | $953.57 | 2,389 | $2,388,000 | $2,300,000 | |
| 943 Bryant St | Palo Alto | 5 | 3 | 20 | 36 | 2,648 | $732.63 | 5,600 | $1,995,000 | 105 | $1,940,000 |
| 4260 Wilkie Wy | Palo Alto | 6+ | 4+ | 300 | 23 | 3,400 | $552.94 | 8,712 | $2,100,000 | 1 | $1,880,000 |
| 160 Island Dr | Palo Alto | 4 | 2 | 166 | 8 | 2,746 | $662.78 | 10,500 | $1,995,000 | 58 | $1,820,000 |
| 305 Iris Wy | Palo Alto | 4 | 2 | 93 | 41 | 2,111 | $743.72 | 5,940 | $1,570,000 | 61 | $1,570,000 |
| 827 Sonoma Te | Palo Alto | 6+ | 3 | 316 | 27 | 2,538 | $618.6 | 11,790 | $1,650,000 | 50 | $1,570,000 |
| 1632 Mariposa Av | Palo Alto | 3 | 2 1/2 | 31 | 48 | 2,359 | $637.98 | 6,000 | $1,525,000 | 85 | $1,505,000 |
| 887 Warren Wy | Palo Alto | 4 | 3 | 78 | 9 | 2,627 | $570.23 | 7,378 | $1,525,000 | 59 | $1,498,000 |
| 211 Byron St | Palo Alto | 3 | 2 | 40 | 44 | 1,752 | $839.04 | 5,600 | $1,495,000 | 92 | $1,470,000 |
| 536 Irven Ct | Palo Alto | 5 | 3 1/2 | 87 | 43 | 2,840 | $512.32 | 5,781 | $1,495,000 | 14 | $1,455,000 |
| 1127 High St | Palo Alto | 3 | 2 | 29 | 28 | 2,128 | $681.39 | 7,840 | $1,465,000 | 85 | $1,450,000 |
| 1495 Kings Ln | Palo Alto | 3 | 2 | 40 | 29 | 1,612 | $899.5 | 6,000 | $1,525,000 | 59 | $1,450,000 |
| 2501 Waverley St | Palo Alto | 6+ | 3 | 106 | 31 | 2,343 | $618.86 | 9,100 | $1,525,000 | 70 | $1,450,000 |
| 4216 Suzanne Dr | Palo Alto | 4 | 3 | 21 | 34 | 2,000 | $712.5 | 6,000 | $1,488,000 | 59 | $1,425,000 |
| 684 Encina Grande Dr | Palo Alto | 4 | 3 | 49 | 61 | 1,850 | $745.95 | 6,893 | $1,425,000 | 62 | $1,380,000 |
| 2480 Cowper St | Palo Alto | 3 | 2 1/2 | 15 | 76 | 2,100 | $642.38 | 5,369 | $1,349,000 | 64 | $1,349,000 |
| 475 El Capitan Pl | Palo Alto | 5 | 3 | 10 | 47 | 2,257 | $592.82 | 6,016 | $1,275,000 | 55 | $1,338,000 |
| 3803 Nathan Wy | Palo Alto | 4 | 3 | 313 | 9 | 2,009 | $662.52 | 7,800 | $1,395,000 | 53 | $1,331,000 |
| 1152 Fulton St | Palo Alto | 3 | 2 | 9 | 27 | 1,540 | $861.69 | 5,600 | $1,125,000 | 85 | $1,327,000 |
| 467 Ferne Av | Palo Alto | 4 | 2 | 4 | 5 | 1,765 | $742.21 | 8,030 | $1,298,888 | 53 | $1,310,000 |
| 2900 Bryant St | Palo Alto | 3 | 2 | 7 | 49 | 1,778 | $735.66 | 6,700 | $1,275,000 | 58 | $1,308,000 |
| 869 Embarcadero Rd | Palo Alto | 4 | 2 | 9 | 19 | 2,327 | $554.36 | 7,000 | $1,168,000 | 58 | $1,290,000 |
| 111 Heather Ln | Palo Alto | 3 | 2 | 56 | 30 | 1,601 | $795.75 | 8,204 | $1,310,000 | 69 | $1,274,000 |
| 220 Iris Wy | Palo Alto | 3 | 2 | 18 | 30 | 1,400 | $892.86 | 5,940 | $1,380,000 | 61 | $1,250,000 |
| 3152 Stelling Dr | Palo Alto | 3 | 2 | 6 | 34 | 1,829 | $672.5 | 7,500 | $1,235,000 | 54 | $1,230,000 |
| 122 Ely Pl | Palo Alto | 4 | 2 | 29 | 30 | 2,174 | $540.48 | 8,000 | $1,199,000 | 47 | $1,175,000 |
| 736 Moreno Av | Palo Alto | 2 | 2 | 14 | 41 | 1,413 | $831.56 | 7,800 | $1,175,000 | 63 | $1,175,000 |
| 280 Iris Wy | Palo Alto | 3 | 1 | 1 | 29 | 1,093 | $1,052.15 | 5,940 | $1,125,000 | 61 | $1,150,000 |
| 994 Loma Verde Av | Palo Alto | 3 | 2 | 68 | 70 | 1,779 | $644.18 | 6,000 | $1,160,000 | 51 | $1,146,000 |
| 2050 Princeton St | Palo Alto | 2 | 1 | 20 | 28 | 918 | $1,203.7 | 6,250 | $1,195,000 | 83 | $1,105,000 |
| 2593 Marshall Dr | Palo Alto | 3 | 2 | 3 | 13 | 1,118 | $966.01 | 6,600 | $1,250,000 | 55 | $1,080,000 |
| 512 Colorado Av | Palo Alto | 3 | 2 1/2 | 88 | 31 | 1,797 | $593.28 | 6,250 | $1,268,000 | 63 | $1,066,125 |
| 2919 Kipling St | Palo Alto | 2 | 1 | 8 | 8 | 1,101 | $962.76 | 5,814 | $899,000 | 61 | $1,060,000 |
| 3164 Morris Dr | Palo Alto | 3 | 1 | 113 | 12 | 1,004 | $1,030.88 | 7,200 | $1,100,000 | 57 | $1,035,000 |
| 2435 Tasso St | Palo Alto | 3 | 1 | 20 | 30 | 1,297 | $798 | 5,200 | $989,000 | 63 | $1,035,000 |
| 956 Colorado Av | Palo Alto | 3 | 1 | 9 | 40 | 1,014 | $984.22 | 7,684 | $899,000 | 56 | $998,000 |
| 3872 Corina Wy | Palo Alto | 3 | 2 | 7 | 33 | 1,247 | $793.91 | 7,790 | $975,000 | 54 | $990,000 |
| 3789 Redwood Ci | Palo Alto | 3 | 2 | 7 | 37 | 1,488 | $664.92 | 5,952 | $950,000 | 56 | $989,400 |
| 3361 Emerson St | Palo Alto | 4 | 2 | 20 | 37 | 1,540 | $595.53 | 6,000 | $899,000 | 59 | $917,111 |
| 223 Margarita Av | Palo Alto | 3 | 1 1/2 | 8 | 35 | 1,264 | $704.91 | 6,000 | $849,000 | 63 | $891,000 |
| 2375 Sierra Ct | Palo Alto | 3 | 3 | 25 | 26 | 1,500 | $563.33 | 7,620 | $875,000 | 59 | $845,000 |
| AVERAGE VALUES | 59 | 32 | 1,945 | $750.28 | 6,853 | $1,442,044 | 58 | $1,408,433 |
These are the closed sales since Sept 1, 2009.
The length of escrow averaged 32 days which is quite short. The average days on market is 50 days, but that is because the upper end houses are staying on the market much longer than the lower end. The most striking thing to me is that there were 3 closed sales over 2 million and 41 under 2 million. Doesn't take a rocket scientist to figure out what that means. Palo Alto is still popular, but over 2 million is a hard sell.
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Serving Santa Clara and San Mateo County real estate needs for 14 years. Specialist in single family homes, condos, investment properties, land development, and residential rental properties.
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