A NEW Feature on WGx … updates from local Realtor Holly Barr! Check out Willow Glen Extra for Holly’s weekly update on real estate trends and interesting homes available on the local market.

Every Thursday I attend a realtor tour of all the new listings in Willow Glen. It’s a great way for realtors like me to stay on top of the market, and a fantastic way for sellers to get their property seen by all the top local realtors. The tour is organized by Mike Gains of REMax, and usually includes 25-50 realtors. Every week I’ll report back on highlights from this tour – a summary of what’s going on in the Willow Glen market, exceptional new listings, stuff like that. If you ever have any questions about what I put here, or would like to see me take a different approach with this weekly summary of the tour, please let me know!

Holly Barr — Coldwell Banker
Phone: 408-887-3225 — Email: holly@hollybarr.net

Holly started strong last week. Here’s this week’s installment …

The theme of this week seemed to be 3 bedroom 1.5-2 bath in homes on busy streets.

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I have to say that the 1200 block of Malone Road — where a 3 bed 1.5 bath priced at $829,000 in original condition — is a great part of Malone. However, the name Malone rings busy for many buyers and the rest of the agents seem to think it was a bit over priced (we shall see if we were right).

Down on the busier part of Malone in the 1000 block near the corner of Lovoi the 3 bed 1.5 bath priced at $750,000 close to original condition the group of realtors seem to think it was priced well (again, we shall see!).

Here are some interesting numbers about this past week in Willow Glen’s real estate scene:

• 15 sales last week in area 10
• 225 active listings in Willow Glen this week 5/29/08
• 225 active listings in Willow Glen last week 5/22/08

210 active listings is the gold standard for a sign of a healthy market for this area. The fact that we are consistently in the 230-240 range (225 again this week!) indicates Willow Glen to be a stable market.

My pick of the week is 1798 Grace Avenue. I imagine it is sold with multiple offers by now. Quiet street, FOUR car garage, priced well at $1,297,975 with good layout and recent quality updating.

WHAT IS YOUR FAVORITE LISTING RIGHT NOW?

From WGx: Regular WGx readers will probably welcome Holly’s positive perspective on the homes for sale along the western half of Malone. She didn’t even mention the growing metropolis on the eastern end of Malone at Almaden Road.