Please take note of 3100 Colby Street in Berkeley if you think the Bay Area's rapidly rising real estate costs are only happening in San Francisco and Silicon Valley. The 4-bed, 2.5-bath, 2,896 square foot abode appeared on the market in August asking $1.195M, and received six offers almost immediately. It sold last week for $2.1M, or 905K over asking. [Redfin]
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