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Los Altos, Los Altos Hills, Mountain View, Palo Alto, Portola Valley, Sunnyvale
Market Update as of 9/12/08
by Deniece Watkins Smith, Realtor
www.dsoldit.com

2008 Change since

Los Altos 9/12/2008 7/11/2008 Lowest Price Highest Price
Active 70 6  $     997,000  $ 19,900,000
Pending Show 6 -1  $  1,349,000  $   2,495,000
Pending Release 1 0  $  1,125,000  
Pending 13 -7  $  1,595,000  $   4,150,000
Total Pending 20 -8
 
Total Listings 90 -2
 
Percent Pending 22%

 
 
Change since
 
Los Altos Hills 9/12/2008 7/11/2008 Lowest Price Highest Price
Active 45 2  $  1,579,000  $ 38,000,000
Pending Show 3 1  $  1,749,000  $   2,150,000
Pending Release 1 1  $  2,295,000  
Pending 2 -2  $  2,295,000  $   3,388,000
Total Pending 6 0
 
Total Listings 51 2
 
Percent Pending 12%

 
 
Change since
 
Menlo Park 9/12/2008 7/11/2008 Lowest Price Highest Price
Active 110 23  $     289,000  $   5,450,000
Pending Show 3 -10  $     399,999  $   3,245,000
Pending Release 4 0  $  2,195,000  $   1,198,000
Pending 23 -1  $     349,000  $   2,295,000
Total Pending 30 -11
 
Total Listings 140 12
 
Percent Pending 21%

 
 
Change since
 
Mtn View 9/12/2008 7/11/2008 Lowest Price Highest Price
Active 62 -3  $     649,000  $   4,400,000
Pending Show 10 3  $     699,999  $   3,298,000
Pending Release 3 1  $     639,000  $   3,298,000
Pending 17 -13  $     599,000  $   1,649,000
Total Pending 30 -9
 
Total Listings 92 -12
 
Percent Pending 33%

 
 
Change since
 
MV Townhomes 9/12/2008 7/11/2008 Lowest Price Highest Price
Active 73 4  $     199,900  $   1,295,000
Pending Show 12 4  $     329,000  $     789,000
Pending Release 3 0  $     295,000  $     599,000
Pending 16 -5  $     269,900  $   1,259,000
Total Pending 31 -1
 
Total Listings 104 3
 
Percent Pending 30%

 
 
Change since
 
Palo Alto 9/12/2008 7/11/2008 Lowest Price Highest Price
Active 75 -6  $     799,950  $ 29,850,000
Pending Show 4 1  $  1,250,000  $   1,895,000
Pending Release 2 2  $     995,000  $   1,280,000
Pending 18 -5  $     925,000  $   2,799,000
Total Pending 24 -2
 
Total Listings 99 -8
 
Percent Pending 24%

 
 
Change since
 
Portola Valley 9/12/2008 7/11/2008 Lowest Price Highest Price
Active 26 1  $     975,000  $   8,395,000
Pending Show 1 -1  $  1,125,000  
Pending Release 0 0
 
Pending 0 -5
 
Total Pending 1 -6
 
Total Listings 27 -5
 
Percent Pending 4%

   
 
Change since
 
Sunnyvale 9/12/2008 7/11/2008 Lowest Price Highest Price
Active 121 -41  $     439,999  $   1,988,888
Pending Show 34 2  $     414,900  $   1,249,000
Pending Release 13 -1  $     399,000  $   1,548,000
Pending 40 -6  $     399,900  $   1,400,000
Total Pending 87 -5
 
Total Listings 208 -46
 
Percent Pending 42%

 
 
Change since
 
SV Townhomes 9/12/2008 7/11/2008 Lowest Price Highest Price
Active 88 -21  $     298,800  $     874,888
Pending Show 18 0  $     319,900  $     863,000
Pending Release 5 4  $     309,900  $     668,000
Pending 19 8  $     307,000  $     765,000
Total Pending 42 12
 
Total Listings 130 -9
 
Percent Pending 32%      
Numbers are extrapolated from www.reil.com and are deemed reliable, but not guaranteed.


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