It’s a Haywire Market: Some Prices Are Going Up, While Others Go Down

Here are the week’s top price adjustments.

Not only is this not a price cut, it’s one of the biggest price hikes you’re likely to see. 1530 Mimosa Lane (↑$2.55M to $11.5M) came on the market in January for $8.95, which I thought was reasonable, if a lot for the Hedgerow. After some time off the market, it’s back at $2.55 million more.

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395 Asegra Road (↓$1.2M to $8.75M) tried a similar pandemic price-jump in June, for $1 million more, but that apparently didn’t go over well. This marks its lowest price yet; the highest was the initial $11.5 million listing.

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Great views, but a lot of stairs, inside and out: 3000 Foothill Road (↓$200K to $3.295M), at the intersection of Toro Canyon Road.

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1469 La Vereda Lane (↓$205K to $2.995M) is a stylish reinvention of a 1948 hacienda. The price was chopped after just a month—presumably the freeway-adjacent location has been a concern.

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I haven’t seen 620 Cima Vista Lane (↓$855K to $5.995M) in person, but I’d think it would be appealing enough at this price to tempt a pandemic refugee. The new staging really helps.

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Don’t let the address scare you: 52 Olive Mill Road (↓$155K to $2.095M) is well off Olive Mill, although it is up against the train track. It could make for an easy weekend getaway, what with Butterfly Beach a short walk away.

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A mystery: 871 Deerpath Road (↑$754K to $2.749M) has been on and off the market a couple of times in the past decade, for as low as $1.3 million and as high as $2 million. The listing has no mention of a renovation, nor any interior photos. Is the owner really hoping it’s suddenly worth so much more? UPDATE: BW points out that there are interior photos on Redfin and adds this: “The house is such an almost. There’s something unshakeably 60s about the front; almost traditional, but somehow not. The interior is a hodgepodge of finishes. There are about 25 different floorings (exterior, too) used throughout and the kitchen and bathrooms need renovations to pull them together. Very generous in size just needs a cohesive makeover.”

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I guess the photo of the woman taking a shower didn’t work: 2480 Whitney Avenue (↓$120K to $1.875M) got a haircut. I do like that side of Whitney Avenue, what with the amazing openness and mountain views.

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BW

Deerpath has photos if you check Redfin. The house is such an almost. There’s something unshakeably 60s about the front; almost traditional, but somehow not. The interior is a hodgepodge of finishes. There are about 25 different floorings (exterior, too) used throughout and the kitchen and bathrooms need renovations to pull them together. Very generous in size just needs a cohesive makeover.

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