East Bay Loft Sales Heat Up in 2014

Posted by on Monday, March 31st, 2014 at 4:41pm.

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Listing at Emeryville Warehouse Lofts 1500 Park Ave, Emeryville, CA   SOLD: $475,000

 EAST BAY LOFT SALES ESCALATING IN 2014

I personally sold 6 lofts in the last 3 months...our East Bay Modern team has sold a total of 10 lofts since 10/1/2013.  East Bay Modern Real Estate has a link directly to all lofts for sale in the East Bay, one of the only real estate websites to have that.

My latest sales:

2 lofts at 311 2nd St. Oakland, CA

2828 Filbert, Oakland, CA

4300 Horton, Emeryville, CA

1500 Park Ave. Emeryville, CA

1259 Pine St., Oadkand, CA  (in escrow)

Here is a short East Bay loft sales report  (min. 900sf) for October 2013 to March 31, 2014.
 
 
  • Jack London Square 20% increase, average days on market 14

              9/30 - 12/31/2013   13 sales average sales price $479,000.

              12/31 - 3/31/2014   19 sales average sales price $575,000.

 

  • West Oakland 5% increase  averagedays  on market 13

              9/30 - 12/31/2013   15 sales average sales price $422,000

              12/31 - 3/31/2014   13 sales average sales price $436,000

 

  • Emeryville 5% increase, average days on market 22

              9/30 - 12/31/2013    8 sales average sales price $546,000

             12/31 - 3/31/2014     6 sales average sales price $577,000

 

  • Berkeley

             9/30 - 12/31/2013    3 sales average sales price $663,000

            12/31 - 3/31/2014    0 sales

 

Now is the time...buy or sell your loft.  So many buyers, too few lofts to sell.

 

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