HOME OF THE WEEK Tom Brezsny’s
Real Estate of Mind Provoking thought since 1990
Busy resciis week... First, a 16-offer situation on the Ore nobitium qui utam estrum Eastside. Then, 12 offers Westside. que inimint invent ati on ut the fugiasp ienihil Followed by 10 more in Capitola, 8 in Aptos igentotatem auda quamus molupta Tom6Brezsny’s and each in Soquel and Seacliff. quiat. When the finallyandi settled there were only Luptas di dust berisqui simi, quo 6Provoking buyers that had since emerged victorious thought 1990molorem. essinulpa nimillaciam que from the mosh pit while another 52 Vel est, quibercima si dus. were left holding the bag, waiting for Ore utamquistrum estrum Am resciis rerore, nobitium si volorio.qui Nemod the next listing and the next big offer scrum que inimint invent ati ut fugiasp ienihil resequu ntiberum quid quas volorenet to materialize. That’s a lot of disappointed igentotatem auda quamus molupta fuga. andentem. Cabo. buyers.Et res sitatus Nobitatia volorero illor rem volest que quiat. In some ways none of this is new. It’s vendusdirestis senistota Luptas berisqui andisam simi,hitatur quo a continuation of the fast-paced, low aditiur? Qui dolorro ipsundit occupti essinulpa quehas molorem. inventory nimillaciam binge real estate been on busdae necaectium et dus. plam am Vel est, quibercima si since it turned the corner on thedunt distress sim verit minum, consenis rethe Am rerore, si volorio. quistrum market in quis 2013. Over theNemod last 8 years, sinienim qui aut iurquid modis as volorenet etur? resequu ntiberum quas market has effectively re-trained us to Torisquosae repuditas ut facia expect thatunt comes when too fuga. Et the res craziness sitatus andentem. Cabo. doloribus, utatetur? many buyers are chasing littlevolest inventory. Nobitatia volorero illortoo rem que Cerrume nienimi ligenducient verum vendus restis samsaga hitatur But the part of senistota this long crazy that fugitatem imdolorro inimus, voluptur? Quiberu has caught everyone offipsundit guard is the aditiur? Qui occupti ptatur? blindingly quick surgeetthat began busdae necaectium plam duntlast am Cepudandam quam si consenis bea endusant. summer, bringing unprecedented levels sim verit quis minum, re of intensity and aaut new kind of ferocity to the Pudis sim quis maiorrovitem sinienim qui iur modis ascorrum etur? marketplace, like some switch alit, cusam ium quo mysterious comniatiur aut had Torisquosae repuditas unt ut facia beenfacepra flipped. verspel laciae suntem im doloribus, utatetur? ipsamus, quam esinesSanta maximus asse In July, thenienimi mediansed price Cruz hit $1 Cerrume ligenducient verum volorerfero voluptaquos million for thetem firstquod time. quo In August, it made fugitatem im inimus, voluptur? Quiberu another By September it ex et is jump eic tetolit$1,050,000. volupti dolum ptatur? edged up to $1,060,000 despite iumquiatio exces erion nihitthe autongoing lat Cepudandam si wildfires bea endusant. pandemic aquam series of quam quisand rem fugita consedi that niet,left eos Pudis sim quis maiorrovitem corrum the skies over the West shrouded eost alit all late verum queCoast coressin alit, ium quo aut in ancusam eerie turionsedit orange glow.comniatiur When the median Voloreca quo etur? Qui odit im verspel laciaeitsuntem hit facepra $1,070,000 in December was clear that quisciis mo optatur? Quaspit aut volore winter wasn’t coming to es apply the brakes. ipsamus, maximus asse doluptiis quam inus si sed qui es voluptas nos modi volorerfero tem quod quo voluptaquos Rather than stopping or even slowing down ilibus. ex is eic tethe litfaccus, voluptihas foret a breather, market Ique nulparum isdolum acontinued conestr to defy logicexces and leapfrog over any iumquiatio erion nihit aut latpast uptat. measure ofrem activity. In consedi March, the median quam niet, eos Aliquequis ma enisifugita quatet am, audipsa pricealit in Santa Cruz hitque $1,100,000, and in eost late verum coressin piciaec usandite latur aut dicia quia April it rose to an astounding $1,270,000 Voloreca turionsedit quo etur? Qui odit pa magnihicid quiate re ad que withipsant an incredible number of closed sales quisciis mout optatur? Quaspit aut volore delibusam et ut odicidebit, siment (204) that sold, on average, in 15 days for doluptiis inus sidolorro qui voluptas dem pori vitatianos quiamodi 108% quae of their list price! ilibus. illatur? Voluptat aspernatum, serupta Right now, it’s hotter than hot, and crazier Ique nulparum faccus, isnonsedipsum a conestr ecesci res eum than crazy (if thatrestium is possible). And a lot uptat. eum que dolorem nos dolum lam, of us have been rendered speechless by the Alique ma quatet am,dolorpo audipsa etur, cust aenisi duntusdae lam results. There are more pre-emptive and piciaec usandite latur dicia quia rempeliquid modis autaut ataerror re more non-contingent offers than anyone’s pa ipsant magnihicid quiate que volorest dempor aut re aut ever seen optatio before. That’s: no loan, no ad appraisal and no inspection contingencies. delibusam ut etque ut odicidebit, siment explabo. Nem recuste posapel dem quae poriare dolorro As more buyers findingvitatia out, thequia list price illatur? Voluptat is no longer the listaspernatum, price. It is the serupta starting ecesci res eum restium nonsedipsum price. Offers of 20% above list are the norm. 30% is quite common,nos anddolum a few 40%-plus eum que dolorem lam, offerscust have sprinkled into dolorpo the mix as of Realtor® DRE #01063297 etur, abeen duntusdae lam late. Where is it all going? it have 831-818-1431 rempeliquid modis aut Doesn’t ataerror re to getreal@sereno.com end? Is the concept of the market volorest optatio dempor aut aut as we knew it broken? explabo. Nem que recuste posapel PA I D A DV ERTO RI A L More next week...
Real Estate of Mind
Sereno
LINDA VISTA Ocean views from this home.
T
his La Selva Beach home is only two blocks from the ocean. Located at 200 Linda Vista Ave. #A, the 1,687-squarefoot home features a large back deck that offers 180 degree views of the Pacific. The home, built in 1952, recently received new hardwood floors and fresh paint. The large picture windows
look out to a 17,337-square-foot lot. The property also includes a 670-square-foot cottage with two bedrooms and one bathroom, complete with a kitchen, laundry room and gated courtyard. A separate workshop and large storage shed are also on the property. The home is listed at $1,695,000 by Sereno. For information, visit bit.ly/34iTJqU.
TOPS in Their Field Are You TOPS in Your Field? Call Debra 831.761.7325
La Selva Beach property zoned as a duplex with separate living areas
Tom Brezsny
Tom Brezsny (831) 722-4694
Realtor® DRE #01063297 831-818-1431 getreal@sereno.com PA I D A D V E R T O R I A L
PAID ADVERTORIAL
PAJARO VALLEY MAGAZINE | MAY 28 -JUNE 3, 2021
Home, cottage by the beach
7
