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PRICES OVER ASKING ON THE OAKLAND/EMERYVILLE BORDER

By Kristen Thompson, East Bay Sales Associate

THE OAKLAND/EMERYVILLE BORDER IS FAST BECOMING A FAVORITE PLACE FOR MANY FIRST-TIME AND SEASONED HOMEBUYERS.

Many of the homes in the zip code 94608, which forms a zig-zag border between Oakland and Emeryville, are 100 years old, but the charm and “fixer” aspect of these houses is drawing new buyers and investors alike who aren’t afraid of a little sweat to make a home their own. Many of the new housing developments in Emeryville are townhouse style, new construction and mixed-use projects. However, some traditionalists want a house with a picket fence and backyard. The Oakland/Emeryville border offers a less-expensive alternative for buyers who couldn’t afford these types of homes in North Oakland or Berkeley. All of this is changing, as this market has become red hot.

Many homes in the Oakland/Emeryville neighborhood in the past six months have gone over asking, often as a result of bidding wars. The following is a summary of recent market activity in the Oakland/Emeryville border neighborhood: There is still time to take advantage of this emerging neighborhood. The properties on the Oakland/Emeryville border may be selling quickly, but their quaintness will remain.

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Spring 2004 Table of Contents
UrbanInsight

If you would like to know more about homes on the Oakland/Emeryville border, contact Kristen Thompson for a free consultation at 510.622.8300 x3705 or .

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