If you drop by MBC from time to time, you are not just interested in real estate. You might have a nerdy math geek side, too.
Here we love data, and the crunching thereof.
So we'll call out a particular listing now in part because it goes all geeky.
Over at 590 36th (click for pics & details via Redfin), they've been…
If you drop by MBC from time to time, you are not just interested in real estate. You might have a nerdy math geek side, too.
Here we love data, and the crunching thereof.
So we'll call out a particular listing now in part because it goes all geeky.
Over at
590 36th (click for pics & details via Redfin), they've been trying to sell a quite large (5br/4ba, 4275 sq. ft.) remodel for almost 6 months.
MBC featured it the first weekend it was open (see "
Weekend Opens (6/28-6/29)"). It remains, to this day, listed for the start price of
$1.989m.
There's language now in the listing – we don't know when it got dropped in – that will answer a couple of questions you may have:
- How many SFRs are there in all of MB?
- How many of them have more than 4277 sq. ft. of living space?
The first question is more common.
The answer: 9,235 SFRs in all of MB – according to the listing.
The second answer: 546 (13%) homes with that kind of square footage.
Natural question: Of all the homes in MB, how many are now for sale?
A Redfin search shows
196 SFRs for sale citywide – that's
2.12% of total inventory.
We'll observe that 590 36th has kept a stiff upper lip even while the market has shifted significantly. You can get a pretty big new home for less, and a sub-$500 PPSF is no longer unheard of.
This home is quite pleasant, and doesn't suffer as much as one might expect from its proximity to the refinery, once you're there. But location is clearly punishing the listing, as is its staleness.
A pleasant, spacious home in the Trees will find a buyer one day, if the sellers will take offers seriously. In the meantime, we welcome a data point or two that more of us can find useful.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of March 23rd, 2023 at 1:32pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
