More than 8 months ago, MBC took note of two brand-new homes, built by the same developer on a split lot, with the same layout but different design features.
We dubbed the pair, 3307 and 3309 Poinsettia, the "Twins in the Trees." (Click for details on 3309 via Redfin.)
It also seemed obvious that The Twins were…
More than 8 months ago, MBC took note of two brand-new homes, built by the same developer on a split lot, with the same layout but different design features.
We dubbed the pair,
3307 and
3309 Poinsettia, the "
Twins in the Trees."
(Click for details on 3309 via Redfin.)It also seemed obvious that The Twins were starting much too high. Both homes are 5br/5ba, 3250 sq. ft. – pretty much the max on 4640 sq. ft. lots – and both started at
$2.795m. Newbies aren't generally going for those kinds of prices these days. So we put the subject up for discussion in a poll.
MBC's pricing polls often – but not always – appear to generate quite bearish results. This time, the vast majority of voters
erred high. Though most were skeptical of that start price, fully
70% thought the Twins would go for more than
$2.2m. (See "
Poll Results: Twins in the Trees.")
That doesn't seem likely. 3307 Poinsettia
(pictured) has now made a deal, but the last list price was
$2.195m. If this one goes through, we won't have a closed price until, perhaps, year-end or early 2009.
Kudos appear to be in order to the
27% of voters who said the price would fall below $2.2m. (That was in March – do you even recall how you voted?)
And congrats are in order, as well, to the builders, who are among the very few sellers to make a deal this November.
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 18th, 2024 at 7:25pm 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.