2007 data is in blue and 2008 data is in red.
These numbers reflect closed sales through June 30 of each year.
As reflected in the number of sales my office has completed this year, the number of closed sales in all communities is down from 2007.
Mountan View down 3%
Los Altos down 21%
Palo Alto down 27%
Menlo Park […]
Year to Date Closed Sales San Francisco Peninsula
July 14th, 2008 · 1 Comment
Tags: los altos real estate · Redwood City real estate · San Carlos Real Estate · Palo Alto Real estate · Menlo Park Real Estate · Real Estate Data
Listing Inventory Levels on the San Francisco Peninsula
July 14th, 2008 · No Comments
2007 data is in blue and 2008 data is in red.
As you can see inventory has increased in all communities from 2007 to 2008.
Mountain View up 91%
Los Altos up 45%
Palo Alto up 42%
Menlo Park up 47%
East Menlo Park up 58%
Redwood City up 61%
San Carlos up 54%
Tags: los altos real estate · Redwood City real estate · San Carlos Real Estate · Palo Alto Real estate · Menlo Park Real Estate · Real Estate Data
Good information for owners considering a short sale
July 14th, 2008 · 2 Comments
Even on the San Francisco Peninsula, short sales do occur.
A short sale occurs when the existing loan balance on the property is greater than the value of the home.
The property is placed on the market and an offer is obtained which is accepted by the owner subject to the lender’s approval. The lender’s approval must […]
Tags: Short Sales · Credit Information · Real Estate Finance
Average Sales Price Palo Alto Los Altos Mountain View
July 14th, 2008 · No Comments
Here is the average sales price data for Mountain View, Los Altos, and Palo Alto.
Los Altos average sales price is up about 7% from last year and average sales price for Mountain View and Palo Alto remains basically unchanged.
Tags: Palo Alto Real estate · Real Estate Data
Average Sales Price Menlo Park Redwood City and San Carlos
July 14th, 2008 · No Comments
Please review average sales prices in the chart above.
The blue column is 2007 and the red column is 2008.
I have broken out Menlo Park into the areas west of Highway 101 and the areas east of Highway 101 to indicate how different the current market can be based on price range and location.
In west Menlo […]
Tags: Redwood City real estate · San Carlos Real Estate · Menlo Park Real Estate · Real Estate Data
How is the current market in Menlo Park ?
July 14th, 2008 · No Comments
My Coldwell Banker El Camino office had our Half Year State of the Office and Marketplace meeting earlier today. My office is the number 1 Coldwell Banker office in the San Francisco/Peninsula region in terms of listings and closed sales per agent year to agent.
Here is what our office has experienced in the first half […]
Tags: Redwood City real estate · San Carlos Real Estate · Palo Alto Real estate · Menlo Park Real Estate · Real Estate Data