I suggest you have your Realtor do a detailed analysis of the property. This is too big a decision. You need to have confidence that your not overpaying. If you don't have a Realtor, call me I'll be happy to do it for you, then you can make an informed decision.

Scott
925.236.2375

Thanks for your answers.
but generally when we talk abt comparisons or median prices, do we consider the upgrades as well, may be the houses that sold for $238 p. sq ft., may not have any upgrades..

We are thinking to make an offer, but should we just stick to the avearge prices , or the comps that sold near by , I fear if we pay overprice for this house....
if its priced at 925000, should the max we should go for 850000 ??
Any thoughts?

The median price for 3-4,000 SqFt Windermere homes sold since 1/1/2009 is $850,000 (avg $860,275).
The average price/SqFt of $238 applied to this home yields $824,000, substantially less than the asking price.

Daku-09,
It's hard to know why. It's priced somewhat reasonalbly, but not too aggressively. The seller's may not be willing to come down in price or there may be something else going on. I would be happy to contact the agent for you if you are interested. I have done business with her before.

Erica

Erica Jones Starkey
Broker, Co-Founder
DRE# 01503540
JSCA Real Estate Group
Providing Superior Solutions for Your Individual Real Estate Needs http://www.JSCArealty.com
office: 925.989.1613
fax: 925.905.2417

I just ran comps on this property and it seems to be priced according to market value. Please let me know if you would like me to send you the comps or more details on this listing.

If you like my answer, please vote "best answer". Thank you and good luck

Kamal Randhawa
Broker
510-932-1066

Daku,
This home is not an REO or a short sale; in fact, it has no For Sale sign! As of today, it has been on the market for only 69 days, which is actually below the average days on the market (83 days) for Windemere in San Ramon! If you have interest in this, or any other property, don't let the days on the market keep you from writing an offer. Because of recent high home inventory levels, many spectacular homes do sit on the market a little longer than expected before receiving an offer. If you like it, make an offer!

Rachel Knight, Realtor

Hi. It's overpriced for the sq footage. Here on the comps

http://MAXEBRDI.fnismls.com/publink/default.aspx?GUID=413ffa…

If you need any other information, please don't hesitate to call me.

Scott Summers - Realtor
Keller Williams Realty
925.236.2375

I have not seen this particular house, but the general rule is if something is unsold for a long time either it's a strange property or location, or it's overpriced. Take your pick