Peninsula Real Estate Guru

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

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Entries Tagged as 'Menlo Park Real Estate'

A Tale of Three Cities and Four Price Ranges

August 19th, 2008 · No Comments

I believe it is common knowledge that real estate is very local. The market in Menlo Park, Palo Alto, and San Carlos can be very different from the market in the East Bay or in the Central Valley. Even on the San Francisco Peninsula, markets vary from city to city. At the current time, Palo […]

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

Los Altos Market Data

July 28th, 2008 · No Comments

Dave Blockhous of Coldwell Banker Los Altos recently did an analysis of the current Los Altos market. In this post, Dave compares market activity (number of sales and listings & average and median prices) over the first six months of the past couple of years. His analysis comes to much the same conclusions as my […]

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Tags: San Carlos Real Estate · East Palo Alto real estate · Redwood City real estate · Palo Alto Real estate · Menlo Park Real Estate · Real Estate · Real Estate Data · Uncategorized

Year to Date Closed Sales San Francisco Peninsula

July 14th, 2008 · 1 Comment

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 […]

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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%

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Tags: los altos real estate · Redwood City real estate · San Carlos Real Estate · Palo Alto Real estate · Menlo Park 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 […]

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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 […]

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

916 Timothy Lane, Menlo Park

June 10th, 2008 · No Comments

916 Timothy Lane Menlo Park priced at $988,000 is new on the market. Charming wood shingle home on large 7,085sf private parcel.
This property will be open Sunday June 22, 2008 1:30PM to 4:30PM.

Virtual tour

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Tags: Menlo Park Real Estate · New listings

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

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