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Market Commentary
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Michael Dreyfus
- November 20, 2013 in Market Commentary, Uncategorized
North Palo Alto, 3rd Quarter Market Commentary
Third quarter inventory in Palo Alto plummeted 42% from the same quarter two years previous as buyers continued to snatch up the dwindling amount of houses for sale. The average price remained over two million dollars at $2,138,732. The average monthly supply of homes dropped...
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Chris Iverson
- November 19, 2013 in Crescent Park, Hot Topic, Market Commentary
5 Reasons to Sell Before Spring
I read this last night, and it’s a nice encapsulation that really applies to our market here in Palo Alto and the surrounding communities. Based on some recent sales, we are looking at close to 20% appreciation in North Palo Alto this year, and the lack...
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Peter Giovannotto
- October 21, 2013 in Market, Market Commentary, Quarterly Reports
September is the New July, and Why you Should Sell this Winter
The 3rd Quarter in Review In a surprising twist, the third quarter actually experienced its greatest increase in both new inventory and sales prices during what is typically considered the off-month of September. The number of new condo listings to hit the market in September...
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Michael Dreyfus
- October 18, 2013 in Market, Market Commentary, Quarterly Reports
North Palo Alto Q3 2013 Market Update
North Palo Alto prices jump 60% in two years Our real estate market continues to respond to our strong tech economy and the extraordinary individuals it brings from all over the world. Prices in Palo Alto’s upper end neighborhoods finished the third quarter 60 percent...
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Susan Tanner
- October 18, 2013 in Market, Market Commentary, Quarterly Reports, Woodside
Emerald Hills Q3 2013 Market Update
Buyers are heading for the hills. Emerald Hills, that is. And, in this case, it’s a good thing. The secret is out: buyers have realized what a great place Emerald Hills is to live! As a former flatlander down in Menlo Park and Palo Alto,...
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David Weil
- October 18, 2013 in Market, Market Commentary, Quarterly Reports
West Menlo Park 2013 Q3 Market Update
West Menlo Park’s median sales prices continue to hold strong as we roll into the fourth quarter of 2013. (West Menlo Park consists of the Central Menlo, Allied Arts/Downtown, Alpine Road, Sharon Heights and University Heights neighborhoods). In the third quarter of 2013, the West...
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Annette Smith
- October 18, 2013 in Market, Market Commentary, Quarterly Reports
Menlo Park East of El Camino Real 2013 Q3 Market Update
Time to pack away the swimsuits and start packing school lunches. Summer is over and we are ready for the fall real estate season! But first, a look at Q3… This was a very predictable quarter. After a robust tail end of the Q2 market...
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