Residential real estate prices are still climbing in one of the nation’s hottest markets, Oakland, California. A recent listing by The Home Co. Realtors in the ultra-desirable Rockridge neighborhood received 30 offers and is setting a new record price per square foot.
Oakland, CA (PRWEB) November 04, 2014
373-63rd Street, listed by Jennifer Montague of The Home Co. Realtors, is only 1,400 square feet per public record. Yet after only 12 days on the market, 30 offers from anxious buyers inundated the 12-year real estate veteran. An all-cash offer for $1.5M was ultimately accepted and the property will close escrow on November 5th- just a quick seven days after it was accepted. The sale price represents a record-breaking $1,071 per square foot.
“I was absolutely stunned by the level of interest” said Montague, who not only listed the property as Owner/Broker of The Home Co. Realtors, but who also acted as designer and stager for this recently renovated home. "My design was a fresh and modern interpretation of this 1915 Craftsman that clearly resonated with buyers,” Montague said. The high-quality renovation performed by general contractor RFC Renovations and Design, combined with the allure of Rockridge, made this the hottest property in town.
With its delectable eateries, unique shops, walkability, and proximity to BART, Rockridge is already Oakland’s most desirable neighborhood, but this record-breaking sale truly validates the buzz surrounding the other City by the Bay.
The Home Co. Realtors is a boutique real estate firm that specializes in residential real estate sales and renovation and design consulting for property resale. RFC Renovations and Design is a licensed general contracting company specializing in high quality residential renovations.