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

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)

Menlo Park: .9 months (based upon closed sales for Dec  2011)

1.3  months(based upon pended sales for Dec 2011)

Portola Valley: 2.5   months(based upon closed sales for Dec 2011)

2   months (based upon pended sales for Dec   2011)

Redwood City: 1.8   months (based upon closed sales for Dec    2011)

2.4     months (based upon pended sales for Dec   2011)

San Carlos: 2.4    months(based upon closed sales for Dec 2011)

1.7   months(based upon pended sales for Dec    2011)

Comparing this month’s data with Trendgraphix data from Dec  2010, one can see that the Silicon Valley real estate market continues to show strong demand as reflected by  low levels of active inventory throughout 2011. Multiple offers have made a strong return in 2011.

Information deemed reliable but not guaranteed.


About the Author
Author

sfpenrealtor Deirdre Sauvage has been a realtor on the San Francisco Peninsula since 1988. She has helped hundreds of clients with the purchase and sale of their home. Deirdre brings a "high touch" approach to her services and has an extensive network of service providers who can assist with logistics.

Leave a reply

Name (required)

Website