Category archive - Market Conditions

Months Supply Real Estate Inventory December 2012: 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 Dec 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 continuing to be   the norm for  many cities located in Silicon Valley .

Palo Alto: .3   months (based upon closed sales for Dec   2012)

.5   months (based upon pended sales for Dec  2012) Read more

November 2012 Months Supply Real Estate Inventory: 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 Nov 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 continuing to be   the norm for  many cities located in Silicon Valley .

Palo Alto: .7    months (based upon closed sales for Nov   2012)

.9   months (based upon pended sales for Nov  2012) Read more

Median Price Real Estate Data Sept 2012: Palo Alto Ca, Menlo Park Ca, Portola Valley Ca, Redwood City Ca and San Carlos Ca

As Silicon Valley’s real estate market continues its strong pace, I thought it would be interesting to compare median price data for sales reported to the local Multiple Listing Service   for  Sept 2011 and Sept 2012  as computed by Trendgraphix. (This data does not include “off market” sales.)

The data confirms that prices have moved upward ( a reflection of our very competitive market):

Palo Alto       Median Price 9/11  $1,378,000     Median Price 9/12  $1,804,000

Menlo Park   Median Price 9/11 $940,000         Median Price 9/12  $1,425,000 Read more

Months Supply Real Estate Inventory Sept 2012: 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 Sept 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: 2.3    months (based upon closed sales for Sept   2012)

1.6   months (based upon pended sales for Sept  2012)

Menlo Park: 2.1   months (based upon closed sales for Sept   2012)

1.2   months(based upon pended sales for Sept    2012) Read more

Months Supply Real Estate Inventory July 2012: 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 July  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   months (based upon closed sales for July   2012)

.9   months (based upon pended sales for July   2012)

Menlo Park: 1.6  months (based upon closed sales for July  2012)

1.8   months(based upon pended sales for July    2012) Read more

Months Supply Real Estate Inventory May 2012: 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 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) Read more

Months Supply Inventory Data Jan 2012 : 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 January 2012  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: 1.6   months (based upon closed sales for Jan 2012)

1.5  months (based upon pended sales for Jan 2012) Read more

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

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

Today’s blog takes a look at Months Supply of Inventory Data based upon Oct    2011  Trendgraphix Data for single family homes. This data indicates that the San Francisco Mid Peninsula real estate market continues to show strong activity . Read more

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

Today’s blog takes a look at Months Supply of Inventory Data based upon Sept    2011  Trendgraphix Data for single family homes. This data indicates that the San Francisco Mid Peninsula real estate market continues to show strong activity . Read more