Number of Offers

Written by Jim the Realtor

March 24, 2021

To provide some transparency on the deal-making on the street, here’s a review of properties that have gone pending this week.  I didn’t intend to make a blog post out of it, but I had inquired about the availability of these listings, and for my own knowledge I like to ask how many offers the listings agents have received.

 

They had FIVE OFFERS on 1833 Willowhaven, and another similar home that listed on the same side of the street for $1,299,000 also had multiple offers.  A good example of how a few more listings in the lower price ranges should all get picked up.

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They had SEVEN OFFERS on this one.  Any of the one-story homes listed under $1,000,000 should attract a crowd for the foreseeable future.

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They had SIX OFFERS on this one.  Newer Davidson homes are always going to be popular, and though the yard was brief, this has a pretty good view.

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They had TEN OFFERS on this one, and you can see why. Houses on a culdesac with a backyard this big will draw a crowd in any market.

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They had EIGHTEEN OFFERS on this one, because it checks most of the boxes. Well-priced single-level with nice private yard that’s been tastefully renovated.  The 17 other buyers will be battling it out for months on these!  I commend the listing agents for providing enough access to accommodate that many people and offers.

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4 Comments

  1. Rob_Dawg

    JtR: “Newer Davidson homes…”

    Jim, could you do a post about the major builders, their niche, value, reputation, etc.? Some of us can process Pardee and such but I’m interested in your list. Concordia? Specialists like KirE? Thx.

  2. Jim the Realtor

    Talking about builders was more exciting 20 years ago.

    There isn’t any dirt left close to town now, so us city slickers are stuck with resales.

    Davidson and Toll Brothers are the only two builders I like, because once you’ve seen their product, the rest look plain and boring.

    Every house is built with the same materials, regardless of price point – just sticks and stucco. The only difference is how much square footage you get.

    For those who don’t mind spending millions for a production home just so they can select their own flooring and paint, it’s the only choice – if you can find one in an area nearby.

  3. The Old Man

    I agree with you Jim. When communities are first built who the builder is seems to be a big deal. After 20 years its about lot size, lot location and how much the house has been upgraded and updated recently. The newcomers dont seem to care about who built what anymore

  4. Jim the Realtor

    Yep, it’s really just sticks and stucco now!

    But in areas where new homes are being built, it’s the architecture that makes the difference. Lennar in particular has been building just your basic big-box warehouse with no pizazz lately, and attaching a granny flat and calling them the best thing ever.

    Shea Homes has always been middle-of-the-road (at best). But when the salesperson called in the goon squad (two big construction workers) to have me removed from the premises when Giorgio’s film crew was just following me around as I was trying to sell one of their homes, it was too much. These guys literally forced me to leave – think I’ll ever sell one of their homes again? NFW

    Around here there are only a couple of local small builders. Our friend Mozart does a creative modern design and has been very successful. Local small builders will probably be the future of home construction around the coast because it’s all infill projects now, with an occasional larger tract that mows down an old flower field.

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