Rowland Heights: In Contract in 6 Days, $27,000 Over Asking
· Case study
A 36-day timeline from listing to closing for a Vantage Pointe home, day by day, with the numbers at each step.
18535 Waldorf Pl in Rowland Heights 91748, a 1998-built Shea home in the Vantage Pointe community with four bedrooms, three bathrooms, 2,665 square feet, a downstairs bedroom and a three-car garage, was listed by Shirley Tang Team on May 1, 2024 at $1,398,000. It went into contract on day 6, May 7, and closed on June 6, 2024 at $1,425,000: $27,000 above the asking price, with no price reduction.
Here is the sale as a calendar, because with this one the calendar is the story.
Day 0, May 1. The listing goes live at $1,398,000. Our rule for day 0 is that nothing about a listing is unfinished when it appears, photography, description or disclosures, because a listing gets more attention in its first week than in any week after.
Days 1 to 5. Showings. A downstairs bedroom and bathroom, a cathedral-ceiling living room, a formal dining room, a family room with a fireplace, a laundry room with a sink and a three-car garage: this is the floor plan that multigenerational families in Rowland Heights look for, and the buyers who came were the buyers the home was priced for.
Day 6, May 7. In contract at $1,425,000, $27,000 over the asking price. The number matters less than the direction. A price that buyers push upward within a week is a price that was set correctly.
Days 7 to 36. Escrow. Inspections, the appraisal and the buyer's conventional loan, each with its own deadline in the contract, each closed out in order. Closed on June 6, 2024, 30 days after the contract was signed.
Thirty-six days from sign to funds, at 101.9% of asking. If you are thinking about selling in Rowland Heights, Hacienda Heights or Walnut, send us your address and we will show you what the calendar could look like for your home. Text or call (626) 202-9573 (text preferred), or add us on WeChat. No charge; the decision is yours once you have seen it.
This is the record of one real transaction. Every home and every market is different, and nothing here is a promise about any other property.