Deirdre Sauvage
Ca. DRE # 00847381
dsauvage@apr.com
Today’s blog takes a look at Months Supply of Inventory Data based upon May 2012 Trendgraphix Data for single family homes. This data indicates that the San Francisco Peninsula real estate market continues to show strong activity with multiple offers being the norm for many cities located in Silicon Valley .
Palo Alto: 1.3 months (based upon closed sales for May 2012)
1.2 months (based upon pended sales for May 2012)
Menlo Park: .8 months (based upon closed sales for May 2012)
.8 months(based upon pended sales for May 2012)
Portola Valley: 1.9 months(based upon closed sales for May 2012)
1.4 months (based upon pended sales for May 2012)
Redwood City:1.2 months (based upon closed sales for May 2012)
1 months (based upon pended sales for May 2012)
San Carlos: .9 months(based upon closed sales for May 2012)
1 months(based upon pended sales for May 2012)
The data only includes sales reported to the MLS. ”Off Market” sales are not included in this data. As we enter our summer market, the San Francisco Peninsula market continues to remain competitive.
Information deemed reliable but not guaranteed.
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.
