Tuesday, May 26, 2015

The Bay Area's Best Kept Secret, El Cerrito Hills


Welcome to El Cerrito Hills, one of the best kept secrets in the East Bay. This neighborhood boasts incredible views, a terrific trail system, and a very highly rated Madera Elementary School. This home is a meticulously maintained split level rancher with the main floor housing 4 bedrooms and 2 updated baths, as well as the kitchen, dining room and living room. There are spectacular views from every room. The lower level has a huge office/family room, laundry room, and full bath. There are very few places where you can get these views, this nice of a house, and such a high scoring elementary school.

Some important features include:

Home has been lovingly maintained and extensively upgraded
Walk out to the gorgeous 10,200 square foot lot with wisteria, lawn, and patios
Quiet cul-de-sac location close to highly ranked Madera School and bus to BART
Custom kitchen with gas stove, solid surface counters, eat in nook, built in desk, pantry, pastry counter, and bay views
Main floor has 4 bedrooms and 2 updated bathrooms, all with bay views
Living room and dining room have huge windows, and bay views
All bedrooms plus the living room and dining room have wood floors
Large family room on the lower level w/ access to back yard & fireplace
Lower level also has full bathroom, laundry room, and storage closet
Disclosures available at www.marcymoyer.com/marcyslistings Click on the folded paper icon at the top
For more pictures and information go towww.8351KentCt.com
Offered for $1,200,000.

Marcy Moyer
Keller Williams Realty
Cal BRE 01191194
650-619-9285

Wednesday, May 6, 2015

Silicon Valley Housing Market Snapshot

Housing Inventory SnapshotApril 30, 2015
 Average List Price30 Days TrendMedian List Price30 Days TrendAverage DOM: active/sold30 Days TrendNumber of Listings
Alameda County, CA
Single Family under $1M$621,2574.94%$629,9505.17%32-5646
Single Family over $1M$1,816,2150.99%$1,499,8880.33%619250
Condo/Townhome under $600K$417,7404.91%$418,0007.18%28-6186
Condo/Townhome over $600K$741,131-0.88%$726,9000.26%18-1038
Contra Costa County, CA
Single Family under $1M$526,644-0.31%$488,000-1.41%454902
Single Family over $1M$1,982,599-2.75%$1,654,888-0.90%65-3426
Condo/Townhome under $600K$347,0904.69%$329,9004.75%31-18190
Condo/Townhome over $600K$724,6721.15%$719,0002.86%15254
Monterey County, CA
Single Family under $1M$581,8863.07%$559,0003.54%73 / 93-2 / 45320
Single Family over $1M$3,647,779-6.69%$2,100,000-4.46%165 / 145-17 / 91281
Condo/Townhome under $600K$310,539-8.73%$325,500-1.06%75  / N/A**12 / N/A**32
Condo/Townhome over $600K$816,643-0.69%$770,000N/A**88  / N/A**-11 / N/A**14
San Benito County, CA
Single Family under $1M$591,2445.34%$545,0009.00%116 / 314 / -2765
San Mateo County, CA
Single Family under $1M$752,289-2.51%$760,000-1.30%29 / 191 / 0114
Single Family over $1M$4,028,1700.03%$1,999,000-1.77%68 / 20-10 / 0260
Condo/Townhome under $600K$450,6232.35%$469,0006.83%17 / 161 / -1522
Condo/Townhome over $600K$984,6162.15%$825,00010.15%42 / 10-25 / -126
Santa Clara County, CA
Single Family under $1M$726,0601.23%$739,0002.64%33 / 12-1 / -1523
Single Family over $1M$2,652,405-0.48%$1,958,0003.11%48 / 14-8 / -2565
Condo/Townhome under $600K$434,5793.48%$438,0005.54%19 / 21-7 / 1181
Condo/Townhome over $600K$898,041-12.32%$848,000-4.61%18 / 84 / -446
Santa Cruz County, CA
Single Family under $1M$673,4272.15%$679,5420.67%53 / 15-10 / -22226
Single Family over $1M$1,972,629-2.69%$1,500,0000.03%98 / 26-17 / 23115
Condo/Townhome under $600K$400,7856.54%$399,0005.28%67 / 11-6 / -4940
Condo/Townhome over $600K$829,874-7.09%$725,000-1.89%104 / 18-26 / 1621
If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.

   Marcy Moyer
Realtor®
Direct (650) 619-9285
Cell Phone (650) 619-9285
Fax (650) 560-6290
CalBRE License Number: 01191194
marcy@marcymoyer.com
www.marcymoyer.com
Keller Williams 
I am here to help you.

Friday, April 17, 2015

Is Felton, Ca going to be the New Brooklyn?

 living in felton

About 30 years ago some friends of mine who were young professionals, living in New York City, had a baby. Having both grown up in the suburbs of Philadelphia they promptly decided the city was no place to raise a child.
Being early in their careers, they did not have enough money to buy a house in someplace expensive, like Westchester, so they set their sights on Brooklyn. In the mid 1980's Brooklyn was not hip, or trendy, or very pretty. But it was convenient to the city, they could buy a house with a back yard, the house they could afford was enormous and in Park Slope. Yes, they bought a 4 story home in Park Slope 25 years before Sarah Jessica Parker and Mathew Broderick.
At that time real estate in NY was outrageous (as it still is) and they made the decision to travel a little for something affordable and with a little room to breath. Now, we in the Silicon Valley, with 6000 square foot lots think that the postage size back yards in Brooklyn are laughable, but for a New Yorker, it is like living in a park.
Fast forward to 2015 and this home in Park Slope is probably worth over 4 million, and my friends raised their children in what was to become one of the trendiest neighborhoods outside of the Soho.
Why should any young people in the Silicon Valley care about this story?
Well, over my 20 years in real estate I have become pretty good at predicting future real estate trends, and something is catching my eye right now. That something is Felton.
 A few months ago one of my very favorite clients asked me to list her deceased uncle's home in Felton. Having lived in Santa Cruz, and the Santa Cruz mountains in my past, and owning property in Santa Cruz, I felt comfortable about taking on the job. The house at 928 Hillcrest Dr in Felton goes on the market this week.
After spending some time in Felton again I have the feeling it is on the cusp of a real estate explosion. There are some new additions to Felton including The New Leaf grocery store, like Whole Foods, but not as expensive. There is also a new restaurant called The Cremer House which I swear could be plopped down in Green Point or Williamsberg in Brooklyn and be totally at home.
San Lorenzo Valley Schools are great, and have API scores comparable to many of the good Silicon Valley school districts.
The commute is not fabulous, but no worse than the commute from the East Bay or South San Jose, and a lot prettier!
The infrastructure for hipsters, young professionals, and young families is there. If you build it.....
Buying a home in the Silicon Valley is often an effort in futility. Multiple offers, no contingencies, 20% over list price is the norm, not the exception.
Felton is just beginning to see multiple offers and slightly over list price offers, with an occasional feeding frenzy. I can feel it happening.
I think in the next few years we will see Felton and it's cool down town and beautiful redwood studded lots will be the home to many young, hip (and not so hip) people looking to find a better life for themselves and their young families.
If you are interested in searching for a home in Felton click here
Marcy Moyer
CAL BRE 01191194
650-619-9285

Monday, April 13, 2015

Tired of Silicon Valley Housing Market Insanity? Try Felton Instead

Felton multiple offers
Housing prices in the Silicon Valley are at an all time high. What is even more difficult is that most homes get multiple offers and many sell 10-25% over list price. It is very difficult to get a grip on even how much to offer on a property to be competitive. Then, if you do offer enough, but ask for any contingencies, your offer is almost always rejected. Finding a nice house under $600,000 is virtually impossible, and many people have long commutes to work no matter how much they have to spend.
We are very lucky to live someplace where there is such high employment, but it comes at a cost.
What is the answer if you want a home, some privacy, and can only spend 700K or less?
My suggestion is try Felton. This lovely community in the Santa Cruz Mountains has a lot going for it.
In 2015 the average sales price of a Felton home is $498,000 with a low of $290,000 and a high of $1,642,500. And, as you can see from the chart, the average sales to list price ration is in the 102% range, rather than the 117% found in so many other communities. It is much easier to figure out how much something will sell for in Felton than in other parts of the Silicon Valley.
Felton has easy access routes to the Silicon Valley along highway 17 or 9.  It is less than 30 miles from Felton to downtown San Jose, and about 35 miles from Felton to Mountain View. This compares favorably to the commute from South San Jose to Mountain View or from Fremont to Mountain View.
Downtown Felton is cute, accessible, and has some very nice new additions, including a New Leaf Grocery Store (like Whole Foods but less expensive) and The Cremer House, which reminds me of a Brooklyn Restaurant.
The San Lorenzo Valley School District is also a big draw for Felton. With San Lorenzo Valley Elementary API at 871, San Lorenzo Valley Middle School, API 833, and San Lorenzo Valley High School API 828, and all schools located in Felton, they provide great education and the benefits of a small unified school district.
So think about it. A comparable commute, comparable schools, a cool downtown, and an average price of housing less than half of what you find in the Silicon Valley, maybe you should give Felton a look.
If you want to search for homes for sale in Felton click here.
Marcy Moyer
Cal BRE 01191194
650-619-9285

Wednesday, April 8, 2015

Bay Area Ca Housing Inventory Snapshot

   

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date.
Housing Inventory SnapshotMarch 28, 2015
 Average List Price30 Days TrendMedian List Price30 Days TrendAverage DOM: active/sold30 Days TrendNumber of Listings
Alameda County, CA
Single Family under $1M$592,0271.52%$599,0000.07%36-7601
Single Family over $1M$1,798,343-6.35%$1,495,000-0.33%52-8226
Condo/Townhome under $600K$398,1930.72%$389,9992.63%34-7158
Condo/Townhome over $600K$747,7402.48%$725,0000.89%28638
Contra Costa County, CA
Single Family under $1M$528,2713.15%$495,0003.38%42-6878
Single Family over $1M$2,038,7350.19%$1,670,000-1.71%68-2348
Condo/Townhome under $600K$331,5421.65%$314,950-1.27%504173
Condo/Townhome over $600K$716,412-0.09%$699,000-0.14%13-442
Monterey County, CA
Single Family under $1M$564,561-0.59%$539,900-1.66%75 / 49-11 / -55296
Single Family over $1M$3,909,3623.40%$2,198,000-2.31%182 / 544 / -45279
Condo/Townhome under $600K$340,2352.76%$329,000-1.79%63 / 4-10 / -6340
Condo/Townhome over $600K$822,3332.58%$770,000-1.91%99  / N/A**-7 / N/A**12
San Benito County, CA
Single Family under $1M$561,2581.19%$499,999-5.48%111 / 58-9 / 4162
San Mateo County, CA
Single Family under $1M$771,6520.78%$770,0002.67%28 / 19-4 / -1104
Single Family over $1M$4,026,9285.68%$2,035,000N/A**78 / 201 / 5230
Condo/Townhome under $600K$440,2562.92%$439,000-4.36%16 / 321 / 2333
Condo/Townhome over $600K$963,8813.72%$749,000-2.09%67 / 12-3 / -718
Santa Clara County, CA
Single Family under $1M$717,2190.77%$719,995-0.69%34 / 130 / -6473
Single Family over $1M$2,665,158-4.07%$1,899,000-0.05%56 / 16-10 / -4470
Condo/Townhome under $600K$419,9560.99%$415,0002.47%26 / 10-4 / -1186
Condo/Townhome over $600K$1,024,2242.92%$889,00011.26%14 / 120 / 233
Santa Cruz County, CA
Single Family under $1M$659,236-0.18%$675,0000.90%63 / 37-12 / -6195
Single Family over $1M$2,027,2400.83%$1,499,5000.03%114 / 3-18 / -4295
Condo/Townhome under $600K$376,1685.14%$379,0008.29%73 / 60-5 / 5041
Condo/Townhome over $600K$893,1974.14%$739,000N/A**131 / 215 / -1517
If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.
Sincerely,
   Marcy Moyer
Realtor®
Direct (650) 619-9285
Cell Phone (650) 619-9285
Fax (650) 560-6290
CalBRE License Number: 01191194
marcy@marcymoyer.com
www.marcymoyer.com
Keller Williams