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A2, Home Buyer in Benicia, CA

Green Valley: Eastridge home values?

Asked by A2, Benicia, CA Mon Oct 4, 2010

Are there any agents who specialize in Green Valley area of Fairfield - Eastridge gated community in particular here? Can you advise regarding Eastridge home prices and latest trends?

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I just looked at the MLS inventory and here are some active listings for sale in Eastridge.

5322 Laurel Ridge @ $499K is a 6 bed / 7.5 bath, 6000sqft, its an unfinished property but is designed for an indoor pool, all bedrooms are suites, 4 car garage and game room. This might be something you maybe interested in, depending on the cost to complete the home.

5246 Deer Ridge @ $639K is a 5 bed / 3.5 Bath, 4,272 sqft. Its a new listing ( 5 days), built in 2003.

You can view more listings by clicking the link below. You can also email me direct at punjani@mygpsagent.com for further info.

Thanks,

Sameer

http://norcalmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Bar…
0 votes Thank Flag Link Tue Oct 19, 2010
I think there will be some further price declines in the homes purchased at peak pricing (06-07) levels. However, there is a lot of money on the sideline, as consumer confidence gets stronger, buyers will jump back in.

Interest rates will rise over time, which will cost you more to finance.

Please let me know if you need anything further.

Thanks

Sameer
Web Reference: http://www.mygpsagent.com
0 votes Thank Flag Link Tue Oct 19, 2010
Just looked at the latest numbers, and there are houses for sale (over 4,000 sf) for less than 900K in Eastridge. They used to be well over a million (more like 2 million) in many cases. That is a decline of over 60% in some cases, and the numbers change from month to month.

Do you predict the prices to fall even further in Eastridge?
0 votes Thank Flag Link Tue Oct 19, 2010
Hello, my name is Sameer Punjani. I'm a local real estate broker with offices in the Fairfield area on North Texas Street.

Here is a link to active / pending / sold properties in the Eastridge area.

http://norcalmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Bar…

Homes selling under the $700K range have been in higher demand. Homes in the $1M range and higher take much longer to sell.

Here are some stats for the area as well.

http://norcalmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Bar…

Please let me know if I can be of any assistance to you on buying or selling.

Thank you,

Sameer Punjani
Broker / Owner
mygpsagent.com
Web Reference: http://www.mygpsagent.com
0 votes Thank Flag Link Tue Oct 5, 2010
Eastridge values are trending upward due to demand. Value decline in the area of the past 36 month has made the homes very attractive, and affordable to the professional buyer in particular.
0 votes Thank Flag Link Tue Oct 5, 2010
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