September 4, 2007

$625k last year, $599k this year

MLSlistings Property Detail for MLS number 724910
7600 WREN AV
Gilroy, CA 95020
$599,000

7600wren.jpg

This Single Family Residence has the following features:
MLS#: 724910 Approx Age: 32 Years Approx Sq Ft: 1424
Detached Single Family 1 Story 3 Bedrooms
2 Bathrooms 2 or More Stall Showers 1 Shower over Tub
1 Tub Separate Family Room Laundry Area - Garage

There’s nothing particularly wrong with this house - after all, $599k is a great price for a house in savvy Gilroy.

Well, except for the fact that this sold last year for $625,000.

Bubbleheads will quickly point out that this is proof that the Bay Area doesn’t always appreciate. To those freaks, I say “Get real - Gilroy isn’t in the Bay Area!” As we all know, the Bay Area ends at the last Cupertino exit on 85.

(Thanks to Burbed Reader J.C. for this find.)

Posted by: burbed @ 5:21 am

4 Responses to “$625k last year, $599k this year”

  1. sonarrat Says:

    Gilroy is in a world of hurt, and it’s not hard to see why - this kind of money will get you a similar size house in some of the best parts of San Jose (say, the Fruitdale area).

  2. Tyrone Says:

    Slightly off topic:
    I counted 7 for sale signs on my way to work, today, on a small stretch of Middlefield between Moffet and Calderon. These are all condo/townhome properties. Past couple of years the number averaged just over ZERO. Signs of things to come??

  3. Renter Says:

    The price is $585,000 now.

  4. ProblemWithCaring Says:

    People live in Gilroy?


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