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Los Altos, Los Altos Hills, Mountain View, Palo Alto, Portola Valley, Sunnyvale
Market Update as of 2/21/08
by Deniece Watkins Smith, Realtor
www.dsoldit.com

2008 Change since

Los Altos 2/21/2008 2/18/2007 Lowest Price Highest Price
Active 31 -4  $  1,050,000  $ 19,900,000
Pending Show 5 -1  $  1,298,000  $   2,150,000
Pending Release 0 -1
 
Pending 20 6  $  1,350,000  $   3,695,000
Total Pending 25 4
 
Total Listings 56 0
 
Percent Pending 45%

 
 
Change since
 
Los Altos Hills 2/21/2008 2/18/2007 Lowest Price Highest Price
Active 27 -18  $  1,949,000  $ 35,000,000
Pending Show 3 -4  $  2,139,000  $   4,880,000
Pending Release 2 1  $  2,200,000  $   4,380,000
Pending 2 -3  $  2,295,000  $   6,498,000
Total Pending 7 -6
 
Total Listings 34 -24
 
Percent Pending 21%

 
 
Change since
 
Menlo Park 2/21/2008 2/18/2007 Lowest Price Highest Price
Active 66 66  $     414,900  $   5,295,000
Pending Show 5 5  $     387,500  $   2,295,000
Pending Release 1 1  $  1,299,000  
Pending 24 n/a  $     437,900  $   5,499,000
Total Pending 30 n/a
 
Total Listings 96 n/a
 
Percent Pending 31%

 
 
Change since
 
Mtn View 2/21/2008 2/18/2007 Lowest Price Highest Price
Active 41 28  $     619,900  $   1,998,000
Pending Show 7 5  $     949,000  $   3,298,000
Pending Release 0 -2
 
Pending 17 8  $     675,000  $   1,649,000
Total Pending 24 11
 
Total Listings 65 39
 
Percent Pending 37%

 
 
Change since
 
MV Townhomes 2/21/2008 2/18/2007 Lowest Price Highest Price
Active 66 43  $     295,000  $     968,000
Pending Show 8 2  $     398,500  $     865,000
Pending Release 1 0  $     645,000  
Pending 17 -7  $     335,000  $   1,149,000
Total Pending 26 -5
 
Total Listings 92 38
 
Percent Pending 28%

 
 
Change since
 
Palo Alto 2/21/2008 2/18/2007 Lowest Price Highest Price
Active 40 -1  $     749,000  $ 29,850,000
Pending Show 3 -5  $  1,350,000  $   1,495,000
Pending Release 1 1  $  1,395,000  
Pending 26 -7  $     799,000  $   4,995,000
Total Pending 30 -11
 
Total Listings 70 -12
 
Percent Pending 43%

 
 
Change since
 
Portola Valley 2/21/2008 2/18/2007 Lowest Price Highest Price
Active 17 5  $     899,000  $ 8,275,000
Pending Show 2 -2  $  2,385,000  $ 3,498,000
Pending Release 0 0
 
Pending 2 0  $  3,250,000  $ 3,988,000
Total Pending 4 -2
 
Total Listings 21 3
 
Percent Pending 19%

 
 
Change since
 
Sunnyvale 2/21/2008 2/18/2007 Lowest Price Highest Price
Active 119 68  $    489,999  $ 1,768,000
Pending Show 21 -6  $    504,900  $ 1,430,000
Pending Release 6 1  $    519,000  $ 1,049,900
Pending 18 -7  $    499,950  $ 1,485,000
Total Pending 45 -12
 
Total Listings 164 56
 
Percent Pending 27%

 
 
Change since
 
SV Townhomes 2/21/2008 2/18/2007 Lowest Price Highest Price
Active 80 62  $    324,900  $    827,622
Pending Show 11 -3  $    300,000  $    899,000
Pending Release 1 -2  $    499,980  
Pending 8 -14  $    369,900  $    869,900
Total Pending 20 -19
 
Total Listings 100 43
 
Percent Pending 20%      
Numbers are extrapolated from www.reil.com and are deemed reliable, but not guaranteed.


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