Tuesday, April 3, 2007

The Piedmont Perspective, Volume 1

What's New?
Twenty-seven listings are currently available in Piedmont - the Spring Market is in full bloom (and so are the tulips)! Prices range from a low of $789,000 to a high of $6,95,000 with offerings at every price point in between. Average dollars per square foot sits at $640.00.

This week's new properties include a classic three-story brown shingled 4bdrm/2 bth home on Hillside Avenue, a darling Cape Cod style 3 bdrm/2bth home on Piedmont Court, a sunny 2 bdrm/1bath cottage on Moraga Avenue, a 3 bdrm/2bth midcentury ranch on Oakland Avenue, and a large multi-level home with 5bdrm/3bth and stunning city views! Please call for prices and viewings.

What's Coming?
Check out the new listing at 46 Monticello Avenue. This quintessential brown shingle stunner features 2 bdrms/2 bths and is close to Piedmont Avenue. Consider 50 Woodland Way which offers a spacious all-level dwelling, and look for a darling 2bdrm/1bath bungalow on Caperton opening Easter Sunday!

What's Pending?
Ten properties are currently pending in Piedmont and their average "Days on Market" amounted to 14 days - well above the local average in the East Bay. If you are contemplating a move to Piedmont, or moving up (or down) within Piedmont, speed is a factor. Make sure the mortgage piece is in place before you shop! Consider an equity line for your next down payment or to provide needed funds to ready your current home for sale. Need a name of a reputable mortgage broker? Give me a call.

What's Sold?
13 properties have sold since the beginning of the year. Average price per square foot on the buy side is $609.000. And while the market has moved quickly, several quality properties are waiting to be snapped up. My favorites include the magnificent modern on Crofton and the quintessential craftsman on Craig Avenue. For more specifics, please feel free to call me.

What's Fun!
Fun may be a relative term, but I've recently become addicted to "The Daily Method" (or as I refer to it- "The Daily Torture") on Piedmont Avenue. It's a challenging mix of Pilates, Yoga and Barre class that will give you back your waste and trim your thighs! With great instructors and cool beats, I think it qualifies as fun!


See you next week!

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