What’s My Colony Green Condo Worth in October 2016?

This is a Colony Green Condominiums market activity and home value report for October 2016. This report is comprised of statistical data extracted from October 1st through October 31st from our local Multiple Listing Service (“MLS”) as of November 1, 2016.

Colony Green Condos Market Activity for October 2016

• 3 Active Listings
• Zero Pending Sales (Under Contract)
• 2 Sold

There were two reported closed sales in the Colony Green Community in October 2016. The community is located in Blossom Valley in San Jose, CA.

“C Unit” Sold: This is a 1,260 square foot town home style middle unit. It originally listed on August 23, 2016 at $535,000. It went status pending on August 31, 2016. On September 7th it went back on the market at an increased list price of $569,000.  It went status pending again on September 11, 2016. On October 18, 2016 the status was reported sold. Sale price was $564,000. The total days on market was 12 days.

“B Unit” Sold: This is a downstairs 2 bedrooms, 1 bathroom, 942 square foot condo. Listed on August 30, 2016 for $468,000. It went status pending on September 9, 2016. On October 11, 2016 the status was reported sold. Sales price was $510,000. The Total Days on Market was 8 days.

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.

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. Let’s chat. I’ll explain my proven marketing strategy and what I will do get your condo sold quickly and net you more money from the sale.

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 me, Kathleen Daniels. That’s right. I am an original owner and I live here.