The sale of 45 Rosewood (“A dream home!“) closed escrow today with a reported contract price of $1,551,000 ($443 per square foot). At 7 percent “Over Asking!” an official “26 days on the market” and just $38,000 (2 percent) under its year 2006 sale price, the sale might be seen (and sold) as a rather bullish sign.
That being said, do keep in mind the stats won’t mention the house was remodeled twice since its year 2006 sale (most recently to add a new bath). And the reports won’t reflect the fact that the house was first listed for sale a year ago (albeit without that new bath).
∙ Can You Be More Specific On The Kind Of Dream? (45 Rosewood Drive) [SocketSite]
∙ 45 Rosewood Returns, Has The Dream As Well? [SocketSite]