TOP BERKELEY OVERBIDS FOR JULY 2014

Berkeley Homes Are Still Hot

In much of the country, buyers are struggling to get their asking price.  But not so for us here in Berkeley.  As we’ve noted in prior months, many Berkeley homes sell for well above their listing price.  We are still seeing a list to sales ratio well in excess of 110% in our local market and the competition remains intense for buyers looking to purchase here in Berkeley. Here are the Top Five Overbids for Berkeley homes for the month of July.

1516 Grant Street This Craftsman-style 2 bed, 1.5 bath in North Berkeley was listed for $849,00 and sold for $1,375,000…a 62% overbid!  The lush landscaping and immaculate upkeep made this one a dream home for many, thereby driving up the price.

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1516 Grant

632 The Alameda Amazing views of San Francisco and the Golden Gate made this 4 bed, 2 bath home a very desirable home.  It was listed for $950,000 and sold for $1,250,000!  With amazing views and an easy walk to Solano Avenue, it’s no wonder why this was a top choice for many!

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632 The Alameda

3051 Dohr Street This home sold for $933,000 (asking price of $779,000)…coming in at an impressive $814.14/square foot!  This bungalow offered rental space 2 rental units in addition to a spacious living area for the owner, making it an affordable way to live in Berkeley.

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3051 Dohr

2320 Carleton Street This beautiful Tudor home sold for $925,000; the list price was $725,000.  With 3 bedrooms and 2 baths, it also offered a newly renovated, stunning kitchen that opened to outdoor seating and a spacious yard.

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2320 Carleton St.

1111 Carleton Street This was a popular street in July!  This 2 bed, 1 bath sold for $729,000, with a list price of $599,000.  This light-filled craftsman home is located new West Berkeley Bowl and San Pablo Park.  The urban farm garden and grape vine covered arbor are special touches!

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1111 Carleton St.

Arron Sweeney
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Arron Sweeney

Founder of Your Berkeley, Realtor Associate at King Realty Group
Arron lives in the Berkeley Hills with his wife, two dogs and baby daughter. Arron is the founder of Your Berkeley and a Realtor Associate with King Realty Group.
Arron Sweeney
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