Through out the Bay Area, but more specifically Silicon Valley and the Peninsula inventory is extremely low and everything seems to be selling as soon as it comes on the market! That is not the whole picture though. Now more than ever, sellers are option out of putting their house on the market, as many of the recent home sales happening with multiple offers and over asking with out ever going on the market.
There are many reason a seller might opt out of MLS, some for personal or privacy reasons, but quite frankly if your Realtor is able to do some pre-MLS marketing you may have offers coming in before you even have time to get there. Title companies are estimating nearly 20% of sales in Q1 2012 were off-market. You may recall our most recent listing in Willow Glen- as an example.
With all of these off-market opportunities being presented to us on a daily basis, we thought we would share! They range in all price points form multi-million dollar single family estates in the hills of Los Altos and Palo Alto to multi-unit income property in North San Jose and everything in between!
Here is a super cute 3 bedroom 2 bath home in Los Gatos with great schools on a 6,500 square foot lot. The home has been nicely updated,with remodeled kitchen and baths, and is close to downtown. The property is listed at $899,000 and the seller is motivated!
Here is a fine example of Victorian architecture, carefully restored to its original splendor located in College Terrace area of Palo Alto. High ceilings and large windows provide an abundance of natural light. The large, nearly half-acre lot offers a park like setting with stately oaks, a rose garden and established trees and plants. Two large patios and a wrap around porch are perfect for entertaining. Not to mention top notch Palo Alto schools!
• 6 large Bedrooms
• 2.5 Bathrooms
• Award-winning upstairs bathroom
• Formal dining and living rooms
• Parlor with abundant sunshine
Priced at $3,295,000
Contact us today if you would like information about these properties, or other off-market listings we are aware of!
This blog is courtesy of The Dawn Thomas Team who is an award-winning Real Estate Agent team at Intero Real Estate Services in Los Altos 650-701-7822. We help nice people with selling and buying homes from Palo Alto to West San Jose!