Asked by Douglass Mcneil, Palo Alto, CA • Sun Jul 14, 2013
Based on the info on Trulia, the prices have increased 8 times since the beginning of the year...was listing in the high 1.3's...now listing in the high 1.6's
Why would they increase the prices by ~$300K in the span of 6 months? Are they actually selling? Is there interest/demand for these homes? Can't tell from the Toll Brothers website.
I know people really like new construction...and the homes seem to be reasonably good-sized (3000 SF)...but they seem ridiculously overpriced:
- Schools are Santa Clara Unified (not Sunnyvale SD, much less Cupertino Unified)
- Neighboring homes appear modest
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