Highs and Lows 2011-Houses

Every year…it’s fun!

MOST EXPENSIVE HOUSE:

609 Anacapa Very nice 4 bedroom, 3 bath house in Alden Park…not on the water. It sold for $1,448,000. up from 2010’s high of $1,400,000.

HIGHEST PRICE PER SQUARE FOOT:

608 Bridgeport This truly gorgeous Whalers waterfront went for $1,110,000 in spite of it’s 1790 sq ft…or $620.00 a sq ft.

LOWEST PRICED HOUSE:

811 Constitution This Eichler in need of some updates sold for $700,000.

LOWEST PRICE PRE SQUARE FOOT:

150 Flying Cloud Isle This REO was on leased land, which accounts for it’s low sale price of $763,000 for a waterfront. It was the lowest at $345.00 a square foot.

LONGEST ON THE MARKET:

Once again…150 Flying Cloud. That leased land thing was a problem…it lasted 376 days.

GREATEST OVERBID:

121 Spinnaker This was really a gorgeous house and I really thought it was priced too low to begin with at $998,000. It sold for $1.035,000 or $37,000 over asking. It was one of very few overbids in 2011.

GREATEST AMOUNT UNDER ORIGINAL LIST PRICE:

20 Lyme Lane This actually isn’t a bad house, the problem was it’s right next to the 101 sound wall. That caused it to take 275 days to get an offer and it sold for $860,000…$288,000 under it’s original price of $1,148,000.

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