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

Annual Home Sales

April 22nd, 2008 · No Comments

Here is the a chart showing national annual home sales.

Sales have decreased each year since 2005.
Calculated Risk which has lots of cool data on its site prepared the above chart.

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Tags: Real Estate Data · Real Estate

Single Family Home Inventories are Increasing

April 20th, 2008 · No Comments

The charts speak for themselves - inventory is increasing. Will sales increase to absorb the increasing inventory?

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Tags: San Carlos Real Estate · Palo Alto Real estate · Menlo Park Real Estate · Real Estate Data

Palo Alto Home Sales as a % of New Listings

April 20th, 2008 · No Comments

Palo Alto home sales as measured as a percentage of new listings is slower in 2008 than in 2007.
In 2007, homes sales were 36.% of new listings in January 2007, 73.81% in February 2007 and 94.55% in March 2007.
The corresponding figures in 2008 are 36.11%, 36.17%, and 55.36%.
Inventory is increasing.
There were 5 months in 2007 […]

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Tags: Palo Alto Real estate · Real Estate Data

April 20th, 2008 · No Comments

We see a similar trend in Palo Alto as we have in Menlo Park and San Carlos.
2008 sale numbers are below 2007 sale numbers.
The number of sales has increased through the first three months of the year.
What willthe rest of the year bring in Palo Alto?

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Tags: Palo Alto Real estate · Real Estate Data · Uncategorized

Menlo Park Home Sales as a % of New Listings

April 17th, 2008 · No Comments

There were very few listings in Menlo Park came on in the last two months of 2007 (52) and 46 homes sold in those two months.
65 new listings came on the market in March 2008 with 24 sales in March 2008.
57 new listings came on the market in March 2007 with 40 sales in March […]

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Tags: Menlo Park Real Estate · Real Estate Data

Menlo Park monthly home sales

April 17th, 2008 · No Comments

The number of homes sold in Menlo Park in March 2008 shows the typical spring increase in the number of homes sold. However it should be noted that the number of sales in the first 3 months of the year is below the 2007 amounts. 85 homes sold first quarter 07 versus 55 homes sold […]

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Tags: Menlo Park Real Estate · Real Estate Data

When I am not selling real estate I may be golfing

April 14th, 2008 · No Comments

At the recent Palo Alto Men’s Golf Club Match Play tournament, the ReGuru won 4 matches and his flight.
The ReGuru won his first 2 matches on the 19th hole after going into 18, 1 down in each match. The next two matches were won a little easier 3 and 2 and 2 up. 
I will play the semi-final round this […]

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Tags: Inspiration

San Carlos Home Sales as a Percentage of New Listings

April 14th, 2008 · No Comments

One way to track a market is to look at the number of monthly homes sales versus the number of new listings per month.
 Looking at this percentage of sales to listings can often provide more insight into the market than the actual number of homes sales. The number of home sales may be small - […]

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Tags: San Carlos Real Estate · Real Estate Data

San Carlos monthly home sales

April 14th, 2008 · No Comments

The number of homes sold in San Carlos in March 2008 shows the typical spring increase in the number of homes sold. However it should be noted that the number of sales in the first 3 months of the year is below the 2007 amounts.
18 homes sold January 2007 with 12 sold in January 2008.
15 homes sold in […]

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Tags: San Carlos Real Estate · Real Estate Data