Monthly archive - January 2012

The Elephant in The Room: Low Levels of Real Estate Inventory in Silicon Valley

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

Months Supply Inventory Data December 2011: Palo Alto Ca,Menlo Park Ca, Portola Valley Ca, Redwood City Ca and San Carlos Ca

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

Happy New Year!

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!