Midtown Village, our single family home community in Santa Clara, is now officially SOLD OUT. We are proud to say that in the last two weeks the five remaining homes sold. The community is divided into two sections, The Boulevards and The Avenues. The Avenues was the first to sell out, which wasn’t a surprise given the lower cost of entry. Now the Boulevards, with more square feet per home and a higher entry price, is also sold out.
Midtown Village was built in a really ideal location (near Santana Row) and prices started at $1.3 million. A great, well-built product in a hot location was a recipe for swift sales. We also think that because so many predictions show prices going up, buyers who were “maybes” became more motivated to buy now. If you still want to buy new in the bay before prices go up, take a look at the two other communities currently selling: Las Palmas (new homes in Sunnyvale) and Renaissance at Roubion (new homes in San Ramon). And keep checking back on this blog for updates on upcoming ground breakings and other projects.