Neighborhood Spotlight: Curtis Park

Curtis Park was subdivided from the Curtis Ranch Homestead by William Curtis in the late 1800's and early 1900's. There are several different subdivisions within Curtis Park, including Curtis Oaks, West Curtis Oaks, Highland Park, Heilbron Oaks, and many others.

William Curtis died on January 27, 1907, shortly after the Curtis Oaks subdivision map was filed. After Curtis' death, a man named J.C. Carly picked up where Curtis left off and continued the development of Curtis Park. In 1919, J.C. Carly and the Hickman Investment Company proposed a conditional gift of land for a park to the City of Sacramento. The land was a strip 2740 feet long and 300 feet wide.

Curtis Park is predominantly a residential neighborhood of approximately 2,500 homes, comprised almost entirely of single family homes. Present are many classic architectural styles, such as Victorian, Craftsman, Colonial Revival, Arts and Crafts, Tudor Revival, and Spanish Revival.

I recently received an email from a former resident of Curtis Park asking about the current market climate on the 'prime streets' there. Literally the next day, I started working with a new client to find a home in Curtis Park. Curtis Park has always been one of my favorite neighborhoods, and I do tour and preview many homes there, but honestly I have not yet listed or sold a home there. I did some probing for both people, and found the following stats...

2007 Curtis Park "prime streets" (Sutterville to the south, Marshall to the north, Franklin to the east, and 24th to the west):
-Avg original list price: $583,188
-Avg sales price: $557,054
-Median sales price: $545,000
-High sales price: $830,000
-Low sales price: $324,000
-DOM: 56
-$/square foot: $323.65

-YTD # of Sales: 28 sold with 5 currently pending
-Short sales: 1
-REO's: 0

2006
-Avg original list price: $553,486
-Avg sales price: $529,654
-Median sales price: $480,500
-High sales price: $842,000
-Low sales price: $325,000
-DOM: 43
-$/square foot: $335.93

-# of Sales: 27
-Short sales: 0
-REO's: 1

2005

-Avg original list price: $614,640
-Avg sales price: $588,459
-Median sales price: $585,000
-High sales price: $934,000
-Low sales price: $335,000
-DOM: 34
-$/square foot: $330.14

-# of Sales: 33
-Short sales: 0
-REO's: 0

For an area with such a wide range of property conditions, architectural style, etc., other than the average days on the market rising, these numbers have remained consistent.

Links:

http://www.sacmag.com/media/Sacramento-Magazine/March-2007/Great-Neighborhoods/

http://www.sierra2.org/index.html

http://www.insidepublications.com/pdf_stories/05-12/MYN%20ITC-Dan%20Brown.pdf

http://home.comcast.net/~murpete/index.html

http://www.95818realtor.com

http://www.erinattardi.com/ • http://erin.golyon.com/