The 2011 real estate market ended on a strong note for Silicon Valley with multiple cities posting strong sales volume and low levels of inventory as reported by Trendgraphix as of December 31, 2011 (based upon closed sales):
Palo Alto: 1 month
Menlo Park: .9 months
Portola Valley: 2.5 months Read more
Today’s blog takes a look at Months Supply of Inventory Data based upon December 2011 Trendgraphix Data for single family homes. This data indicates that the San Francisco Mid Peninsula real estate market continues to show strong activity .
Palo Alto: 1 months (based upon closed sales for December 2011)
1.3 months (based upon pended sales for Dec 2011) Read more
2012 has arrived and with the new year I am launching a new blog format that I hope is easier for readers to navigate. In February I will start my Spring Fling series which features a close up look at several popular San Francisco Mid-Peninsula communities.
Our market is very brisk and I will continue my monthly posts updating my readers on Months Supply Inventory Data .
I hope you enjoy my new format and I look forward to hearing from you. Happy New Year!