This is the Colony Green Condominiums market activity and home value report for April 2017. This report is comprised of statistical data extracted from April 1st through April 30, 2017 from our local Multiple Listing Service (“MLS”) as of May 1, 2017.
Colony Green Condos Market Activity for April 2017
There was one reported closed sale in the Colony Green Community in April 2017.
It was a “D Unit” which is the townhome style end unit on a building which consists of 4 individual condos. This is a 2 bedroom 1,294 square feet condo with 2 full bathrooms and a half bath downstairs. It listed on April 11, 2017. List Price $548,000. It was reported pending or under contract on April 13, 2017. The reported sales price April 21, 2017 was $580,000. No surprise there really given that a “C Unit” recently sold for $575,000. This sale was an all cash transaction.
The Colony Green community is located in Blossom Valley in San Jose, CA. The community is across the street from Martial Cottle Park on the Chynoweth side of the park. It continues to be a desirable and still affordable place to live.
If you miss out on the condos listed for sale in the Colony Green Condo community you may want to search other condos for sale in Blossom Valley.
The market data for the Colony Green Condo Community, as well as the details of each individual sale, tell a story. Yet, the data does not tell the whole story. It is common for sales prices to vary depending on the size, location, and renovations completed, or not completed. I strongly believe marketing plays a huge role in the sales price as well. Quality photos are an important component to effective marketing. Keeping a home listed active for at least 7 days before accepting an offer means more people can see the home and likely spark multiple offers. This of course depends on market conditions relating to supply and demand. Colony Green Condos continue to be in high demand.
Condo living is lifestyle living. Buyers are advised to make informed buying decisions by knowing the rules and restrictions of a condo association before deciding to buy a condo. Some associations are more restrictive than others. Knowing what homeowners can and cannot do is essential before deciding to purchase a condominium.
If you are considering listing your Condo for sale, a word of caution regarding online Home Value requests. Best practice dictates that a local real estate professional visit your home, ask a lot of questions, and then provide a current market value. We do not use an Automated Valuation Model (“AVM”) of homes.
Let’s chat. I’ll explain my documented approach to listing a home for sale and what I will do get your condo sold quickly and net you more money from the sale. It is also important that sellers understand their disclosure duties under Civil Code § 4525 and know why it is important to get an HOA Document Compliance Review.
If you would like more detailed information about the Colony Green Condo community in Blossom Valley contact me at 408.972.1822. No one knows the Colony Green Condo Community better than Kathleen Daniels. I am an original owner and I live here.