Silicon Valley Real Estate Info

I was sitting across the table from potential clients who were interested in buying a home in Los Altos.  They were interviewing me to see if I was the “One” to assist them in locating and securing the home of their dreams.
 
They asked me a series of questions about my qualifications, experience and how I [...]

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Below are the real estate sales statistics for single family homes sold within the city of Los Altos going back to 1998.  These statistics go to prove that last year was a difficult year for local real estate.  Note:  all data was taken from our local MLS and is deemed accurate but not guaranteed.

62 percent of all single [...]

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The Multiple Listing Service area 209 consists of housing tracts with names like Cuesta Park, Varsity Park, St. Francis Acres, and Gest Ranch.  Lots average about 6500 sf and homes average about 1400 sf.   Gest Ranch lots and houses are about 1/2 larger.  See neighborhood map at bottom of post.
Depending on neighborhood, elementary school aged children would attend schools [...]

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Todays’ Los Altos – Mountain View Broker tour had 15 single family homes open for previewing.  Eleven homes were new listings and four were re-toured properties.  My top three homes were:
(1)  1851 Appletree Lane in Mountain View – Listed at $1,098,000. by Patrice Horvath of Alain Pinel Realtors.  This updated/remodeled home is on a great street one block [...]

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According to MLS Listings Inc. data, 25 single family homes closed escrow in December within the Los Altos zip codes of 94024 and 94022. This is up from 10 homes sales last year and 19 home sales in 2007.
The median list price of single family homes for December 2007 as compared to December 2009 dropped [...]

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The first Broker tour for Los Altos and Los Altos Hills was as like getting a flu shot, quick and painless.  There were nine new listings of single family homes and two re-toured properties.   Below are some of my thoughts.
I know it’s hard to believe, but my favorite house was also the most expensive.  It was 255 [...]

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It’s January 5th and there are only 33 single family homes listed for sale on MLSListings.com in Los Altos.  Most of these homes have been on the market for months and are likely to be overpriced.  Even though inventory is low, good buys can be made in today’s real estate market!
First off, all is not as it [...]

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While vacationing at Lake Tahoe, I had an interesting discussion with a veteran real estate appraiser about the state of the high end real estate market in Lake Tahoe.  We’re talking multi-million dollar properties. 
It appears that the listing inventory of lake front properties is near/at an all time high.  Buyers of these high end homes are waiting for [...]

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According to MLS Listings Inc. data, 28 single family homes closed escrow in November within the city of Los Altos zip codes of 94024 and 94022.  This is slightly below the 12 year average (for the month of November) of 29 closed sales of single family homes.
The median list price of single family homes for November 2007 as compared to November [...]

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There are nine short sale listings currently listed for sale on our local Multiple Listing Service. Seven of these are “sale pending” (in contract), one is an active listing and one is attempting to be sold via auction (today). List prices for these properties range from a low of $799,000 to a high of slightly under [...]

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