SF Peninsula Real Estate Guru

One of the most common questions I am asked by buyers and sellers alike is: “When is the best time to buy or sell?”

In a coming series of posts I will track sales in 3 peninsula communities on a monthly basis from January 2003 to present.

Here is the data for Palo Alto.

1/2003 21
2/2003 19
3/2003 49
4/2003 44
5/2003 52
6/2003 52
7/2003 53
8/2003 56
9/2003 47
10/2003 57
11/2003 51
12/2003 36
1/2004 29
2/2004 25
3/2004 51
4/2004 65
5/2004 54
6/2004 80
7/2004 68
8/2004 58
9/2004 38
10/2004 43
11/2004 50
12/2004 34
1/2005 22
2/2005 36
3/2005 51
4/2005 56
5/2005 38
6/2005 68
7/2005 53
8/2005 48
9/2005 45
10/2005 41
11/2005 38
12/2005 38
1/2006 22
2/2006 28
3/2006 46
4/2006 50
5/2006 68
6/2006 67
7/2006 46
8/2006 43
9/2006 34
10/2006 44
11/2006 41
12/2006 27
1/2007 16
2/2007 31
3/2007 52
4/2007 46
5/2007 58
6/2007 58
7/2007 41
8/2007 39

In looking at this data:

Please note this data is for closed sales in any given month - it is more reflective of the level of market activity in the prior month. Sale closings typically start slowly in January and February - increase significantly in March - peaking in June and July - August typically is slowing - the market perks up a bit as we get into September and October and then slows again in December.

Data for San Carlos and Sunnyvale will follow in the next few posts.

If you would like data for your city, just let me know.