This is a Colony Green Condominiums market activity report for June 2017. This report is comprised of statistical data extracted from June 1st through June 30, 2017 from our local Multiple Listing Service (“MLS”) as of July 1, 2017.
Colony Green Condos Market Activity for June 2017
There is currently one pending “B Unit”sale that will most likely be reported sold in the July report.
There were three closed sales in the Colony Green Community in June 2017. The sales reported are listed below:
Reported Closed on June 2, 2017: “D Unit” which is the town home style end unit. This is a 1,294 square feet condo with 2 full master suites upstairs and a half bath downstairs. It listed on May 17, 2017. List Price $549,000. It was reported pending or under contract on May 25, 2017. The reported sales price was $637,000.
Reported Closed on June 9, 2017: “D Unit” which is the town home style end unit. This is the same unit as described above. It listed on May 3, 2017. List Price $549,888. It was reported pending or under contract on May 11, 2017. The reported sales price was $603,000.
Reported Closed on June 28, 2017: “B Unit” which is the downstairs end unit which has 2 bedrooms, 1 bathroom, 942 square feet. It listed on May 31, 2017 at $519,000. It went under contract on June 1, 2017. Reported closed sale price was $550,000.
While three residents have moved on from the community the rooster at Colony Green continues to reside here. The photo below was taken at 6 am while I was out walking. I believe I startled him because as I walked by he began rapidly moving about the tree clucking. He flew from the tree across the street. As he landed he took off running. No doubt this rooster is distressed when people approach.
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. That’s right. I am an original owner and I live here.