Market Activity July 15 – 31, 2015

Of the 25 properties that were on the market in the past two weeks, 9 were sold and 6 went pending–all averaging less than 3 weeks on the market! Remember, to get up-to-the-moment notifications of the Calavera Hills real estate market, just signup for free email property alerts:

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Here’s a summary of what happened over the past two weeks in Calavera Hills real estate:

Click on any column header (Square Feet, Price, etc) to sort the table

ADDRESSSUBDIVISIONSTATUSBEDS/BATHSSQ FTSALE PRICEDOM
3459 Pleasant ValeRaviniaSold4/32,597$761,00015
3606 Promontory PlaceBarringtonSold4/32,287$703,0008
Pleasant Vale DrRaviniaPrice Change4/32,894$749,997 (Was $740k - $760k; Originally $770k)Since 5/30
3460 Rich Field DriveSummerhouseSold5/42,804$749,00031
Crater RimRaviniaActive & Pending4/2.52,590$790,0009
Moon FieldSummerhousePrice Reduction4/32,165$660k - $680k (was $680k- $699.5k)Since 6/1
Karst RoadMystic PointPrice Reduction3/2.51,535$549,900 (Originally $579,900)26
Cay DrBarringtonActive3/2.52,160$699,000Since 7/20
3560 Simsbury CourtKnollsSold5/3.53,040$727,00026
Cliff CirCliffsPending4/2.51,964$6,299,00046
Moon FieldSummerhousePending4/32,165$660k - $680k46
3506 Somerset WayVillasSold3/21,362$397,0009
Barranca CourtBarringtonPrice Reduction4/2.52,160$650k - $690k (Originally $699k)46
Cheshire RdTrailsActive & Pending3/2.51,362$489,90010
Jetty PointMystic PointPrice Reduction3/2.51,411$495k - $515k (Originally $525k)Since 7/12
Winthrop AveVillasActive3/21,362$345k - $385kSince 7/23
Cape Cod CirCapeActive & Pending2/2.51,435$425k - $450k4
3519 SimsburyKnollsSold4/2.52,016$635,00021
AndoverVillasActive & Pending2/21112$349,0006
2982 GlenbrookTrailsSold4/2.51,997$520,0005
2853 Andover AveVillasSold2/2994$322,50012
3466 Rich FieldSummerhouseSold4/32,168$695,0004
Pleasant Vale DrRaviniaActive3/21,643$652,000Since 7/24
Rock RidgeMontaraActive4/31,675$649,750Since 7/24
Rich FieldSummerhouseActive4/32,476$765,000Since 7/28

Calavera Hills Averages:

  • Average Price of Sold Properties June 2015: $775,000
  • Average Price of Sold Properties July 2015: $598,266
  • Average Days on Market for Sold Properties June 2015: 31
  • Average Days on Market for Sold Properties July 2015: 18

Notes:

  • Active and Pending “Sale Price” are last reported FOR SALE price, not SOLD price.
  • If the property is marked as sold, the price displayed is the SOLD PRICE.

Summary

Things are still active in Calavera Hills! 11 (of 16) subdivisions saw some market activity, with Summerhouse, the Villas and Ravinia being the most active.  Similar to the beginning of the month, 20% of the properties had a price change/reduction, but since all those properties have been on the market for a few weeks, that is no surprise.   Only one home (in Barrington) sold for above asking price, but all the rest of the homes averaged 99% of asking price!

On a different note, Carlsbad summer TGIF concert series are in full swing.  There is a latin/salsa band this week at Poinsettia Park, and in a few weeks Calavera Hills will be hosting two of the concerts.  Be sure to visit the Summer Concert Schedule.  I took my family to the July 24 concert and had a great time.  If you haven’t been to a concert, they are a lot of fun!  Be sure to show up early for parking and bring a blanket, chairs and picnic supplies and you won’t be disappointed.

I realize that you have lots of options when it comes to real estate agents.  If you are looking for a qualified agent who knows the area, I would love the opportunity to meet and see if I can assist you.

Ready to make your own move? Contact me to find out:

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Data from SANDICOR, Inc. for 1/1/13 through today and represents properties listed or sold by various brokers. If your property is currently listed this is not meant as a solicitation This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.