I have been tracking some sales in PQ near Mt Carmel. The home that most recently sold at 9565 at Paseo Temporada catches my eye as the price was significantly more than much bigger homes. Keep in mind these homes are all within 10-15 homes of each other with very similar characteritics (busy street behind them, small lots, etc). The 13617 VTV had noticeable upgrades which explains its selling for $342/sqft, and the 13697 VTV was a littley dingy so the $252/sqft isn’t shocking.
Does anyone know if there was some type of cash back on the Paseo Temporada home? I would have thought that home would have sold for closer to $500k based on the other comps. Thanks for any help.
By the way, the 9565 sale was recorded at Zillow.com, but I did not see it at sdlookup.com or the SD assessor page.
Address Price Sqft $/Sqft Date
13697 Via Tres Vista $510000 2013 $253 11/06
13641 Via Trest Vista $555000 2164 $256 12/06
13617 Via Tres Vista $545000 1593 $342 02/07
9565 Paseo Temporada $578500 1593 $363 04/07
I didn’t do an extensive analysis but there was no mention of credits back in the confidential remarks. The place was only on the market a few days before going into escrow. It should be noted that it is VERY RARE for realtors to put in conmments in the remarks about credits agreed upon in escrow so that is no surprise here if indeed there were credits given.
Thanks for the quick check. As you mentioned, the fact that it was on the market for such a short period of time makes it even more suspiscious as the other places lingered for months. I suppose, however, that the short time on the market could mean somebody wanted it so much to overpay over previous comps.
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