Record Sales Prices in Richmond's Marina Bay

October 17, 2017

As further evidence that the Marina Bay real estate market is hot, my two most recent sales at Anchor Cove set new sales records for the community. 1812 Northshore Dr. and 1912 Northshore Dr. are both identical floor plans with 2053 SF and 3 bedrooms and 3.5 baths. I first listed 1812 Northshore Dr. at $675K in August. We received 3 offers and the property sold for $685K. In September I listed the neighboring property of 1912 Northshore Dr. for $690K. After two weekends of open houses my seller accepted an offer of $701K. For more details on each of these properties please visit:

 

www.1812Northshore.com

www.1912Northshore.com

 

Needless to say that both of my sellers were ecstatic about the final sales prices of their homes. Prices were almost $100K lower about a year ago but the ongoing high pricing and ultra competitiveness of the East Bay real estate market has brought many buyers to discovery the beauty and affordability of Richmond's Marina Bay neighborhood. So even now that we have finally reached and in many cases surpassed the highs of the 2006 property values, Marina Bay still remains one of the last remaining affordable areas in the East Bay. Sellers should seize the momentum of this market and buyers should take advantage of these prices while they are still attractive!

 

Ary Assadi

East Bay Modern Real Estate

510-833-9691

Ary@EastBayModern.com

 

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