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Archive for the ‘Montclair’ Category

San Francisco may have more cache but…. many say we have better views from the Oakland Hills and we get to look at San Francisco, Marin and the Golden Gate!
What could be better than a luxurious newer home, stunning views and the East Bay Park lands right outside your door?
All this and it’s less than 15 min drive ( Google it) to Orinda or downtown Oakland so you can enjoy life on both sides of the tunnel!

Luxury and comfort go hand in hand at 11 Observation Place.

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Take a walk through!

To view the Website click the image Below.

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It may be a rainy start to the year but we’re in a fast moving early Spring market!
9 of our listings took offers last week and all but 1 are in contract with multiple offers.

My mid January Montclair listing at 1791arrowhead.com had its first open house on a very blustery rainy day. Serious buyers go shopping rain or shine.

Over 100 people came through the Sunday open house, drawn by the popular mid-century interior, online presentation and strategic pricing.
I would expect this activity in the Temescal or Rockridge but a traffic jam in the hills is less common!

With 35+ individual agent showings and 30+ requests for disclosures in the first few days the seller decided not to wait and took offers after the first Sunday and Broker tours.
Multiple offers came in from agents all over the Bay and 2 Oakland agents  prevailed with primary and back up offers accepted. ( buyers in this market usually benefit from a local agent and should NOT count on a second open house)


Explore the end of 2016 neighborhood data below!


q4-2016-click-image

Do contact me if you have questions about the local real estate market, there is always more to real estate than the data!

 

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For some uncanny reason the last 2 Oakland homes I lived in are on the market at the same time!

When we sold our home in 2006 we caught the market as it was starting to drop, not catching the highest price but happy we timed it when we did.

Below are charts showing the rise and fall of several east bay neighborhoods from 2005-2015!

If you’ve been waiting to sell the sellers market does not usually last for a very extended period of time!

 

Berkeley home prices have soared to new heights in the last couple of years. Always tight on inventory, prices never dropped as significantly as in some areas.

berkeley historic sales

 

Piedmont prices have risen astronomically, with quality homes, easy commutes and schools ranked top 10 in the nation.

Piedmont historic sales

 

Rockridge homes have increased significantly in value due to proximity to urban amenities and the desire for convenience.  Their fall was less precipitous than in many areas.
Rockrdige historic sales

 

Glenview homes are being sought by buyers priced out of Crocker Highlands.
glenview historic sales

 

Montclair homes rose a little more slowly with many buyers liking the good schools but preferring walkable locations with a more urban vibe.
Montclair historical prices

 

94602 includes The Oakmore, The Laurel and Dimond areas. Many of these homes are selling at record highs with the less pricey areas within 94602 still moving up in value.
Areas below MacArthur took a big hit when prices fell and had more ground to recover.

94602 historic prices

Redwood Heights has been slower to rise in value, despite the well regarded elementary school there is no central destination which drives other neighborhood prices.
redwood heights historic prices

 

Many homes in the 94605 zip code have not overtaken the height of the market but many have fully recovered values.
94605 historic sales

Expect to see the lower end of the market and condos continue to climb in 2015 as buyers are priced out of neighborhoods and compete for the more moderate end of the market.

 

 

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Local Realtors know neighborhoods and then they also know desirable “pockets”  between the more well defined areas.

This Cape Cod style home is located in one of those popular little pockets on one of two parallel predominantly level streets with sidewalks and an almost cul-de sac location.

Sidewalks make for easy dog walking,  spotting the neighbors you haven’t seen for a few weeks and hanging out chatting while the kids cycle and skate up and down the block!

With a local grocery store, several restaurants , the trail head to  regional parks , an easy commute and Montclair Schools zoning it’s easy to see why this location has a strong following!
5053 Kearney EXT movie start

Built for one of two sisters who wanted East Coast style homes a few doors from each other, this home was lovingly maintained by the original owner for many years. Updated and expanded with the addition of a guest suite or home office, the second owners are now moving on!

Around the corner is trail head access and  a quick climb up to the top of the hill to Look out Point in Joaquin Miller Park.
Peek down on the Kearney homes below!

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My new listing is a stately 4 bedroom 3 bath 1930’s Mediterranean home, set on a gentle ridge looking out onto both the Bay and the surrounding Oakland hills. Enter the dramatic foyer and your eye is captured by the lovely parquet wood floor and curving stairway. The main level features a spacious living room, formal dining room, large eat-in kitchen, guest bedroom and full bath. The grand staircase leads to the upper level offering two generous size bedrooms, a bath and an ensuite master with walk in dressing room. Downstairs, French doors from the family room open out onto a patio and private garden shaded by mature Oaks. An exceptionally light and airy home, with unusually lovely and varied outlooks from all the rooms, you experience a real sense of place both inside and out.

MORE DETAILS AT 1820MELVINROAD.COM

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BERKELEY CLASSICS

Although geographically connected, Berkeley and Oakland differ in both culture and housing stock.

The darker wood paneling and earthy touches which were so popular in the 60s-70s are very much a part of the Berkeley Hills vernacular and still appeal to the artistic and erudite!

The Oakland counterpart is the wooded Tahoe style home in the Montclair hills…often shrouded in trees and on a winters day a true stay at home vacation!

Newer construction in the Oakland hills offers a  larger selection of newer, light and bright homes, often with stellar views of the bay.

Like plants in my garden, many buyers tend to be sun lovers or shade lovers…!

An adaptable transplant myself ! … I appreciate the sun and the shade …. unlike one of my touring buddies…a true sun lover  positively wilting  after a serious dose of Berkeley Hills wood exposure!

With almost no new listings on tour in the Oakland Hills, the majority of the homes we visited were in the Berkeley Hills.

From the wood paneled Maybeck to the Julia Morgan fixer it was a day for true Berkeley classics!

Classic wood paneling

MY BROKER TOUR PICKS!

Winding our way along Panoramic we came to a dramatic Redwood and Oak paneled early ‘70s home with a dead-on Golden Gateview at  690 Panoramic WayCustom built for the current owners, we peered through the heavy fog…
the 4 bridge view is there… and waking on a sunny morning is viewable as you lie in bed with your cup of tea!

 Then along Grizzly Peak and to and fro we traversed down the Berkeley Hills to a Fabulous home on Shasta, mid-century with 1970s artisan pottery tile work, textured grass wallpaper, vintage cork flooring and more redwood paneling. A quirky layout but fantastic indoor-outdoor access with a garden to die for at 2750 Shasta Rd listed by Susie Schevill of Grubb &Co and I will be shocked and amazed if this doesn’t attract a lot of attention at the list price.

Textured Wallpaper and cork floor

I’m always happy to answer real estate related questions and appreciate your support through referrals!

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We divide the market into different segments to look at data and review prices and volume.
In the charts here we compare 3rd quarters only and divide the market into above and below $800K.
The lower and upper ends of the market frequently adjust differently.

The link will take you to 6 local cities, and Oakland divided by neighborhoods.
Some quarters the data can be quite skewed by a few sales, so these brief windows are a snapshot in time and we review the whole year for a more balanced perspective!

PLEASE CLICK ON IMAGE -FOR A CLEAR LOOK AT THE FULL REPORT

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