January 29, 2008
All You Buyers Out There: Maybe Beggars Can Be Choosers
There may have only been five homes recorded as having sold in Berkeley last week, but the encouraging news for us buyers is that at least three of them went for under their asking price. More proof, if it were needed, that buyers’ stars are in the ascendant.
875 Keeler Avenue (above): Sold for its reduced price-tag of $645,000.
118 The Uplands (above): Sold for $1,550,000 after being reduced from $1,800,000 to $1,650,000. That makes a seller who got 16% less than he/she wanted and only made 6% on the $1,450,000 price they paid for the house in July 2000.
And 1380 Curtis Street: sold for $700,000 after being reduced to $775,000.
Full data for homes sold last week in the Bay Area can be found at sfgate.
