Redwood Shores Weekly

Real Estate Newsletter

September 2, 2008

                                                             Volume 1, Number 6

 

Patrick Carmichael 650-802-7011 carmichael@redwoodshores.com


In This Issue

 

·    Changes for the Week

·    Year to Date Comparison

Resources

Search the MLS at

Complete RWS Inventory

Single Family Homes

 

Condos & Townhomes

 

Rentals

Virtual Tours &   Property Information        

 

719 Newport Circle

 

500 Baltic Circle #510

 

1000 Davit Lane #120

 

318 Treasure Island Drive

Coming Soon

 

368 Treasure Island Drive

 

112 Amalfi Way

Contact Me

Inventory Drops for 5th Straight Week

The number of properties for sale in Redwood Shores has continued to drop over the past 5 weeks. It has been a combination of sales and properties withdrawn from the market. Of those withdrawn, many of those owners have decided to rent their properties. Rental pricing has increased a minimum of 10% from last year.

Single Family Homes On the Market 8

Condominiums and Townhouses On the Market 25

Changes for the Week

Below are listed the changes in Redwood Shores since my last newsletter

Single Family Homes

Address

Complex

B/B

Price

Change

801 Windblown

Gossamer Cove

4/2.5

$1,349,000

Pending Sale

807 Kraken Lane

Gossamer Cove

4/2.5

$1,155,000 SP

Closed Sale

501 Osprey

Stratford Bay

4/2.5

$975,000

Pending Sale

210 Poseidon

Gossamer Village

3/3

$929,000

Pending Sale

719 Newport

Beacon Shores

3/2.5

$799,950

Pending Sale

 

Condominiums and Townhomes

Address

Complex

B/B

Price

Change

606 Marlin

Seabridge

3/2.5

$888,000

Withdrawn

101 Farallon

Farallon

3/2.5

$819,000

Price Reduced

571 Shoal

Hampton

3/2.5

$772,000 SP

Close Sale 9 DOM

117 Positano

Seacrest

3/2.5

$745,000 SP

Closed Sale 1 DOM

364 Meridian

The Cove

2/2.5

$675,000

Price Reduced

700 Baltic #704

Ventana del Mar

2/2

$654,000

New Listing

2707 Hastings

Hastings

2/2

$550,000 SP

Closed Sale  49 DOM

 

Call Patrick with questions on any property in Redwood Shores!

650-802-7011

Year to Date Statistics Single Family Homes

 

Year

Closed Home Sales YTD

2008

49

2007

64

2006

62

2005

83

 

Year to Date Statistics Condos & Townhomes

                                        

Year

Closed Condo/Townhome Sales YTD

2008

57

2007

86

2006

91

2005

103

 


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