June 12, 2007

120+ Days on the Market

All I can say is that if you ever had any doubts that the current real estate market is struggling, take a look at this (partial) list of homes that have been on the market for over 120 days in the Union City, Newark, and Fremont areas of the East Bay. Remember, not too long ago, when sellers were taking in several bids at a time for their house?

4201 Queensboro Way, Union City – 4/2 $798,000 (147 days)
30673 Ratekin Dr., Union City – 4/3 $769,000 (125 days)
33629 8th St., Union City – 4/2 $549,000 (179 days)
34183 Governo Dr., Union City – 4/2.5 $868,999 (192 days)
2510 Carnoustie Ct., Union City – 4/2 $649,000 (145 days)
34546 Mahogany Ln., Union City – 3/2.5 $784,500 (124 days)
2716 Meadowlark Dr., Union City – 3/2 $679,000 (136 days)
34810 Lilac St., Union City – 4/2 $650,000 (134 days)
32590 Point Lobos Ct., Union City – 4/3 $999,000 (129 days)
33631 9th St., Union City – 3/2 $490,000 (132 days)
32405 Westport Ct., Union City – 5/3 $929,000 (297 days)

35267 Ramsgate Dr., Newark – 3/2 $649,999 (128 days)
35187 Maidstone Ct., Newark – 3/2 $729,500 (129 days)

34516 Salinas Pl., Fremont – 3/2 $609,950 (174 days)
3231 Cade Dr., Fremont – $819,888 (142 days)
4190 Mohawk River Smt., Fremont – 3/2 $758,000 (145 days)
4765 Nicolet Ave., Fremont – 3/2 $595,000 (234 days)
3731 Ruskin Pl., Fremont – 3/2 $630,000 (212 days)
38606 Kimbro St., Fremont – 3/2 $765,000 (139 days)
38540 Ginsberg Ter., Fremont – 3/2 ½ $719,999 (151 days)
4175 Bidwell Dr., Fremont – 5/2 $695,950 (236 days)



REAL ESTATE TERMINOLOGY
AIR RIGHTS – The rights in real property to the reasonable use of the air space above the surface of the land.


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