Author Topic: New Listing - Santa Maria Plan 1 in Stonegate  (Read 16001 times)

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Offline eyephone

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #15 on: November 05, 2015, 08:52:46 PM »
#5Kreductionisnotenough

Offline USCTrojanCPA

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #16 on: November 05, 2015, 10:39:34 PM »
Well, the market has spoken.  Six weeks later and a 5k price drop, still no takers.  Wanted to follow-up on this one since the OP was so insistent that he was priced competitively.

Time to hire USC instead?

#overpriced

Price needs to drop to $600k to pull in all the buyers that set their searches up to $600k.  Numbers don't lie and I just call'em as I see'em.  The clients that listen to me not only sell their properties fast but also get good prices.  Nothing worse than pricing too high and then chasing the market down as the DOM keeps growing causing buyers to get into the "what's wrong with this property" mindset.  Like I said before, I would have listed this condo at $600k.  Sellers and agents need to realize that time = money.  ;)
« Last Edit: November 05, 2015, 10:45:35 PM by USCTrojanCPA »
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Offline java123

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #17 on: November 07, 2015, 09:36:57 PM »
What is the realistic per sqft price for attached 2bed condo(1350sqft) in SG?
What was the price in 2014?
What was the price in 2012?

Any input?
BUI=Dont Buy Under Influence.

Offline lnc

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #18 on: November 08, 2015, 01:05:44 PM »
Here's some info regarding to Santa Maria's price history.

Looks like it starts around $310/sf at end of 2011 through end of 2012 and then the price began to raise significantly at spring of 2013. 
IIRC, price of new construction runs around $340/sf at end of 2012, $380/sf at end 2013 and over $400/sf at end of 2014. 


http://www.talkirvine.com/index.php/topic,1796.msg55025.html#msg55025

Santa Maria (Price sheet dated effective 12-9-11)
- Residence 1 (1,386 SF) = $432,000
- Residence 2 (1,483 SF) = $458,000
- Residence 3 (1,614 SF) = $505,000

Santa Maria (Price sheet dated effective 3-6-13)
- Residence 1 (1,386 SF) = $445,600
- Residence 2 (1,483 SF) = $460,300
- Residence 3 (1,614 SF) = $539,500

Santa Maria (Price sheet dated effective 3-23-13)
- Residence 1 (1,386 SF) = $451,700
- Residence 2 (1,483 SF) = $471,000
- Residence 3 (1,614 SF) = $550,800

New Prices. Crazy.

- Residence 1 (1,386 SF) = $464,000
- Residence 2 (1,483 SF) = $483,000
- Residence 3 (1,614 SF) = $564,800

$12K every month. How long is this sustainable?

Offline WTTCHMN

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #19 on: November 18, 2015, 11:01:51 AM »
Well, the market has spoken.  Six weeks later and a 5k price drop, still no takers.  Wanted to follow-up on this one since the OP was so insistent that he was priced competitively.

Time to hire USC instead?

#overpriced

Price needs to drop to $600k to pull in all the buyers that set their searches up to $600k.  Numbers don't lie and I just call'em as I see'em.  The clients that listen to me not only sell their properties fast but also get good prices.  Nothing worse than pricing too high and then chasing the market down as the DOM keeps growing causing buyers to get into the "what's wrong with this property" mindset.  Like I said before, I would have listed this condo at $600k.  Sellers and agents need to realize that time = money.  ;)

Looks like the buyer followed USC's advice and dropped to 600k.  Let's see if it the strategy works.  If it still doesn't sell, then you know it's the TI treats which are the real closer.

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Offline zubs

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #20 on: November 18, 2015, 11:57:33 AM »


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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #21 on: November 18, 2015, 01:18:18 PM »
S/B $599,888 just to be sure it hits the majority of search parameters, no?

My .02c
My .02c

SGIP

Offline USCTrojanCPA

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #22 on: November 18, 2015, 06:34:28 PM »
Well, the market has spoken.  Six weeks later and a 5k price drop, still no takers.  Wanted to follow-up on this one since the OP was so insistent that he was priced competitively.

Time to hire USC instead?

#overpriced

Price needs to drop to $600k to pull in all the buyers that set their searches up to $600k.  Numbers don't lie and I just call'em as I see'em.  The clients that listen to me not only sell their properties fast but also get good prices.  Nothing worse than pricing too high and then chasing the market down as the DOM keeps growing causing buyers to get into the "what's wrong with this property" mindset.  Like I said before, I would have listed this condo at $600k.  Sellers and agents need to realize that time = money.  ;)

Looks like the buyer followed USC's advice and dropped to 600k.  Let's see if it the strategy works.  If it still doesn't sell, then you know it's the TI treats which are the real closer.

That will definitely help pull in additional eyes on the condo for the buyers who had their searches only up to $600k so the open house should get more traffic, but the stigma of it being listed for over 45+ days doesn't help. 

The TI treats do have a special ingredient in them.   :P
Martin Mania, CPA
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Offline Ready2Downsize

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #23 on: January 07, 2016, 03:23:07 PM »
Well, the market has spoken.  Six weeks later and a 5k price drop, still no takers.  Wanted to follow-up on this one since the OP was so insistent that he was priced competitively.

Time to hire USC instead?

#overpriced

Price needs to drop to $600k to pull in all the buyers that set their searches up to $600k.  Numbers don't lie and I just call'em as I see'em.  The clients that listen to me not only sell their properties fast but also get good prices.  Nothing worse than pricing too high and then chasing the market down as the DOM keeps growing causing buyers to get into the "what's wrong with this property" mindset.  Like I said before, I would have listed this condo at $600k.  Sellers and agents need to realize that time = money.  ;)

Looks like the buyer followed USC's advice and dropped to 600k.  Let's see if it the strategy works.  If it still doesn't sell, then you know it's the TI treats which are the real closer.

New Year. Try it again at $610K.

Offline WTTCHMN

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #24 on: January 07, 2016, 04:07:28 PM »
Well, the market has spoken.  Six weeks later and a 5k price drop, still no takers.  Wanted to follow-up on this one since the OP was so insistent that he was priced competitively.

Time to hire USC instead?

#overpriced

Price needs to drop to $600k to pull in all the buyers that set their searches up to $600k.  Numbers don't lie and I just call'em as I see'em.  The clients that listen to me not only sell their properties fast but also get good prices.  Nothing worse than pricing too high and then chasing the market down as the DOM keeps growing causing buyers to get into the "what's wrong with this property" mindset.  Like I said before, I would have listed this condo at $600k.  Sellers and agents need to realize that time = money.  ;)

Looks like the buyer followed USC's advice and dropped to 600k.  Let's see if it the strategy works.  If it still doesn't sell, then you know it's the TI treats which are the real closer.

New Year. Try it again at $610K.

It's the Ti treats, I tell ya.

Offline Cornflakes

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #25 on: January 07, 2016, 04:13:13 PM »
I doubt the home will fetch above 600k. Another listing, same floor plan just slashed the price aggressively to 620k and price includes loads of upgrades in home, furniture, appliances, TVs, and so on..

Offline Ready2Downsize

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Re: New Listing - Santa Maria Plan 1 in Stonegate (237 Kempton)
« Reply #26 on: January 07, 2016, 04:45:05 PM »
No Ti treats included.... yet anyway.

Offline Ready2Downsize

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Re: New Listing - Santa Maria Plan 1 in Stonegate
« Reply #27 on: February 17, 2016, 08:48:34 AM »
Took a relist and five months but he did get pretty close to asking.

Offline zubs

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Re: New Listing - Santa Maria Plan 1 in Stonegate
« Reply #28 on: February 17, 2016, 10:11:35 AM »
I love it when there is closure to a thread.  Here is the redfin:
https://www.redfin.com/CA/Irvine/237-Kempton-92620/home/100956365

& you called it USC...sold for close to your target of $600,000

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Offline zubs

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Re: New Listing - Santa Maria Plan 1 in Stonegate
« Reply #29 on: February 17, 2016, 10:19:48 AM »
This is also a warning to realtors who want to post their homes for sale here.  We're gonna talk about it....even 5 months after the fact.  Be careful what you write...Ann.

 

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