Peninsula Real Estate Guru

Arn’s Real Estate Advice, Counsel, and News for Peninsula Buyers and Sellers

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Entries from July 2008

New listing in White Oaks San Carlos

November 25th, 2007 · No Comments

130 Alberta Ave., San Carlos was recently listed by Heather Hansen Alain Pinel (hhansen@apr.com) for $1,138,000. This is located on one of San Carlos’ best streets in the heart of the White Oaks area. This area has older good quality homes in an area with many large oak trees. Desirable White Oaks Elementary School is within […]

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Tags: San Carlos Real Estate · Cool Listings

Who says the bubble has burst?

November 21st, 2007 · No Comments

Gwen Luce of Coldwell Banker Menlo Park recently listed a home at 830 Ilima Ct., Palo Alto.
List price is $1,395,000 for an 1890 square foot home in a 7200 sqaure foot lot in Barron Park. Barron Park is a very desirable Palo Alto neighborohood west of El Camino Real. It was the last major annexation […]

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Tags: Palo Alto Real estate · Cool Listings

The Mini and The Hummer have both SOLD !

November 21st, 2007 · No Comments

Earlier this month, I wrote about 2 new listings in west Menlo Park - the Mini and the Hummer.
The Mini located at 880 Partridge sold with 2 offers after being on the market 2 weeks.
It took 2 weeks to sell the property because the seller set an offer date 2 weeks after the list date!
The […]

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Tags: Menlo Park Real Estate · Cool Listings

October Condominium/Townhouse Real Estate Market Data

November 12th, 2007 · No Comments

Condominium townhouse inventory has increased in all communities other than San Carlos.
Sales price to list price ratio ranges from 98% to 101%.
This October data seems to indicate that the condominium and townhouse market is weakening realtive to the single family home market.

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Tags: Real Estate Data

October Single Family Home Sales Stats

November 9th, 2007 · No Comments

The above table shows representative market data from several mid-peninsula communities.
Average days on market ranges from a low of 15 days in Mt. View to a high of 42 days in Redwood City. Palo Alto also has a fairly short average days on market of 18.
In all communities with the exception of Palo Alto, more homes […]

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Tags: Real Estate Data

From a Mini to a Hummer - new Menlo Park listings

November 7th, 2007 · No Comments

Yesterday, I saw two listings in west Menlo Park…..
The “Mini” priced at $895,000 and the “Hummer” priced at $4,249,000.

895 Partridge Ave., Menlo Park is priced at $895,000 and located in a desirable west menlo neighborhood named Allied Arts. Allied Arts has many homes originally built in the 30s on narrow deep lots. Allied Arts is […]

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Tags: Menlo Park Real Estate · Cool Listings · Real Estate

Should move up buyers buy now?

November 6th, 2007 · No Comments

If you currently own a home and are thinking of buying a new more expensive home, is this a good time to do so?
I think it very well may be.
All homeowners want to sell their home for as much as possible - that’s a given.
In the current market, one might not be able to sell their […]

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Tags: Real Estate

Everyone wants to know - is this a crisis or an opportunity?

November 6th, 2007 · No Comments

I have been a real estate broker since 1978 so I have been through a few market cycles. In the late 1970s, the market was very active and prices increased. In fall 1980 interest rates started a climb to 16 and 17%. The market slowed and on the San Francisco Peninsula, the makret turned flat and […]

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Tags: Real Estate

California Real Estate has been a strong long-term investment

November 6th, 2007 · No Comments

Coldwell Banker Real Estate has recently released a series of articles under the banner of “Reality Check” in hopes of providing factual data which consumers can use to more fully evaluate much of the information about the current real estate market found in the media.
Here are some of the facts outlined in one of the […]

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Tags: Real Estate Data