Oakmont Real Estate Market Update for April, 2011

By
Real Estate Agent with Century 21 Valley of the Moon

Oakmont Real Estate Market Update

April, 2011

Plenty of Buyers — We Need More Sellers!



The heavy rains are finally over, we hope, and we're looking forward to springtime and the start of our busy season in the real estate business.

Inventories of homes for sale have remained relatively low for several months, and we really don't have enough inventory to match the number of buyers interested in making a purchase. 
In fact, the homes with the best combination of price, location, and condition are attracting multiple offers. 

If you have been thinking about making a move, but you've been put off by all the negative news about the real estate market in newspapers and on television, you may be surprised to learn how strong our local real estate market really is.  We are always happy to provide a free Market Analysis showing exactly what your home is worth in today's market.

As always, if you know of any friends or neighbors who may be thinking of buying or selling a home, and would appreciate the level of service we provide, please call us with their name and phone number.  We’ll be happy to follow up and take good care of them.

Oakmont Homes Sold from January 1 to March 31, 2011

Address Model BR Bath Sq Ft Price
18 Woodgreen St Sequoia 17 1 1 1043 $175,000
16 Woodgreen St Sequoia 17 1 1 1043 $199,000
7121 Oak Leaf Dr Poplar 2 2 1083 $225,000
16 Valley Green St Sequoia 16A 2 2 1384 $235,000
2 Aspen Meadows Cir Cypress 2 2 1391 $238,650
7274 Oakmont Dr Poplar 2 2 1083 $242,000
229 White Oak Dr Sequoia 16A 2 2 1297 $242,500
7407 Oakmont Dr Sycamore 24 2 2 1230 $260,000
33 Aspen Meadows Cir Oakwood 2 2 1211 $260,900
6492 Meadowridge Dr Sequoia 16C - Expanded 2 2 1337 $270,000
7130 Fairfield Dr Birch - Expanded 2 2 1725 $275,000
8845 Oak Trail Ct Cypress 2 2 1278 $300,000
345 Rockgreen Pl Manzanita 2 2 1401 $310,000
199 Oak Shadow Dr Manzanita 2 2 1401 $310,000
15 Oak Forest Ln Sylvan 33 3 2 1420 $311,000
204 Mockingbird Cir Manzanita 2 2 1401 $315,000
8886 Oakmont Dr Aspen 3 2 1953 $346,200
6518 Meadowgreen Pl Manzanita 2 2 1401 $348,000
177 Mountain Vista Pl Oakwood - Expanded 2 2 1536 $350,000
337 Oak Leaf Cir Juniper 3 2 1870 $367,000
359 Singing Brook Cir Bennett Mountain 2 2 1552 $370,000
121 Valley Oaks Dr Juniper 3 2 1870 $390,000
8190 Oakmont Dr Bennett Mountain 2 2 1538 $400,000
469 Woodley Pl Annadel 3 3 2188 $433,875
8963 Oakmont Dr Birch - Expanded 2 2 1889 $460,000
424 Woodley Way Annadel 3 3 2212 $510,250
7518 Oakmont Dr Glen Ellen 3 2 2065 $540,000
7435 Birchbark Dr Cedar 3 2 1955 $565,000
6297 Meadowridge Dr El Verano 3 3 2281 $589,000
7518 Walnut Orchard Way Residence 5 3 2 2300 $625,000
444 Crestridge Pl Taylor Mountain 3 3 2614 $725,000

This information is based on sales reported in Bay Area Real Estate Information Services, Inc. (BAREIS) and is not verified and is subject to change. Listings represented may not have been listed or sold by Mike Higgins or Paula Lewis.

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www.OakmontCalifornia.com

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