The recent downturn greatly impacted the condo / townhouse market (in other words, significant declines). On the other hand, most homes above $1,4 million are holding their value. If you own a home in this price range and are thinking of downsizing, take advantage of the current market and consider the following new listings from this week’s broker tour:
- 633 ELM ST #209, San Carlos – A 2/2 in Pacific Hacienda, downtown San Carlos is a short walk. Patio faces north-west and looks out on a patio. Second floor unit. Priced at $849,999.
- 602 CHELSEA WY, Redwood City – A 2/1 in a very sought-after complex, Chelsea is has very good lighting and views of the central lake. It feels more like a town house, since its a top floor unit sharing only one wall (think windows on three sides).I like this area of Redwood City since it provides easy commutes (101, 280 and Caltrain) and nearby shopping. Priced at $519,900.
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