Deniece
Watkins
Smith
Realtor®,
ePro,
SRES
Hi, I'm D.
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Los Altos, Los Altos
Hills, Mountain View, Palo Alto,
Portola Valley, and Sunnyvale
Real Estate Market
Update
June 25,
2011
by Deniece Watkins
Smith, Realtor®,
ePro,
SRES
|
A
new Peninsula Regional Data Service (PRDS) contract is out and being
used now, since May 2011. This contract has many changes in
it. Using a Realtor®
familiar with those changes and how they effect you give you assurance
that you won't get snagged at the last minute by any surprises.
I'm here for you. See my website
and blog
for more information on what this contract means to you.
-
Deniece
Watkins
Smith,
Realtor®
Information provided below is extrapolated
from reil.com. It is deemed reliable, but not guaranteed.
|
|
|
Change since |
|
|
| Los
Altos |
6/25/2011 |
3/8/2010 |
Lowest Price |
Highest Price |
| Active |
62 |
13 |
$ 1,050,000 |
$ 4,950,000 |
| Pending
Show |
12 |
0 |
$ 1,199,000 |
$ 2,195,000 |
| Pending
Release |
2 |
1 |
$ 1,700,000 |
$ 2,195,000 |
| Pending |
22 |
2 |
$ 899,000
|
$ 4,495,000 |
| Total
Pending |
36 |
3 |
|
|
| Total
Listings |
98 |
16 |
|
|
| Percent
Pending |
37% |
-4% |
2 Short
Sales |
|
| |
|
Change since |
|
|
| Los
Altos
Hills |
6/25/2011 |
3/8/2010 |
Lowest Price |
Highest Price |
| Active |
55 |
15 |
$ 1,225,000 |
$ 20,500,000 |
| Pending
Show |
10 |
4 |
$ 1,695,000 |
$ 7,850,000 |
| Pending
Release |
1 |
0 |
$ 1,695,000 |
|
| Pending |
4 |
-1 |
$ 1,750,000 |
$ 4,285,000 |
| Total
Pending |
15 |
3 |
|
|
| Total
Listings |
70 |
18 |
|
|
| Percent
Pending |
21% |
-2% |
2 Short
Sales |
|
| |
|
Change since |
|
|
| Menlo
Park |
6/25/2011 |
3/8/2010 |
Lowest Price |
Highest Price |
| Active |
63 |
-2 |
$ 280,000
|
$ 4,895,000 |
| Pending
Show |
20 |
6 |
$ 265,000
|
$ 2,450,000 |
| Pending
Release |
16 |
8 |
$ 250,000
|
$ 1,995,000 |
| Pending |
31 |
1 |
$ 150,000
|
$ 2,795,000 |
| Total
Pending |
67 |
15 |
|
|
| Total
Listings |
130 |
13 |
|
|
| Percent
Pending |
52% |
7% |
22
Short Sales |
4 REOs |
| |
|
Change since |
|
|
| Mtn
View |
6/25/2011 |
3/8/2010 |
Lowest Price |
Highest Price |
| Active |
37 |
0 |
$ 499,000
|
$ 1,780,000 |
| Pending
Show |
16 |
0 |
$ 558,000
|
$ 1,250,000 |
| Pending
Release |
4 |
1 |
$ 599,000
|
$ 1,495,000 |
| Pending |
21 |
10 |
$ 490,000
|
$ 1,825,000 |
| Total
Pending |
41 |
11 |
|
|
| Total
Listings |
78 |
11 |
|
|
| Percent
Pending |
53% |
8% |
7 Short
Sales |
1 REO |
| |
|
Change since |
|
|
| MV
Townhomes |
6/25/2011 |
3/8/2010 |
Lowest Price |
Highest Price |
| Active |
64 |
-6 |
$ 175,000
|
$ 983,900
|
| Pending
Show |
12 |
-5 |
$ 149,000
|
$ 749,000
|
| Pending
Release |
22 |
6 |
$ 192,000
|
$ 990,000
|
| Pending |
21 |
4 |
$ 225,900
|
$ 929,888
|
| Total
Pending |
55 |
5 |
|
|
| Total
Listings |
119 |
-1 |
|
|
| Percent
Pending |
46% |
5% |
35
Short Sales |
11 REOs |
| |
|
Change since |
|
|
| Palo
Alto |
6/25/2011 |
3/8/2010 |
Lowest Price |
Highest Price |
| Active |
55 |
12 |
$ 839,000
|
$ 8,795,000 |
| Pending
Show |
11 |
-10 |
$ 630,000
|
$ 1,995,000 |
| Pending
Release |
4 |
-2 |
$ 900,000
|
$ 3,600,000 |
| Pending |
32 |
2 |
$ 699,000
|
$ 3,795,000 |
| Total
Pending |
|
0 |
|
|
| Total
Listings |
102 |
2 |
|
|
| Percent
Pending |
46% |
-11% |
3 Short
Sales |
0 REOs |
| |
|
Change since |
|
|
| Portola
Valley |
6/25/2011 |
3/8/2010 |
Lowest Price |
Highest Price |
| Active |
29 |
8 |
$ 799,000
|
$ 20,000,000 |
| Pending
Show |
5 |
-3 |
$ 1,049,000 |
$ 4,395,000 |
| Pending
Release |
1 |
1 |
$ 1,398,000 |
|
| Pending |
2 |
0 |
$ 1,299,000 |
$ 1,695,000 |
| Total
Pending |
8 |
-2 |
|
|
| Total
Listings |
37 |
6 |
|
|
| Percent
Pending |
22% |
-11% |
2 Short
Sales |
0 REOs |
| |
|
Change since |
|
|
| Sunnyvale |
6/25/2011 |
3/8/2010 |
Lowest Price |
Highest Price |
| Active |
96 |
12 |
$ 259,999 |
$ 1,498,000 |
| Pending
Show |
37 |
9 |
$ 400,000 |
$ 1,338,000 |
| Pending
Release |
31 |
-8 |
$ 319,888 |
$ 1,099,000 |
| Pending |
31 |
6 |
$ 299,000 |
$ 1,398,000 |
| Total
Pending |
99 |
7 |
|
|
| Total
Listings |
195 |
19 |
|
|
| Percent
Pending |
51% |
-2% |
49
Short Sales |
8 REOs |
|
|
|
|
|
