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Deniece Watkins Smith
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Los Altos, Los Altos Hills, Mountain View, Palo Alto, Portola Valley, Sunnyvale
Market Update as of 10/6/08
by Deniece Watkins Smith, Realtor
www.dsoldit.com

2008 Change since

Los Altos 10/6/2008 9/12/2008 Lowest Price Highest Price
Active 78 8  $  1,145,000  $ 19,900,000
Pending Show 4 -2  $  1,298,000  $   2,595,000
Pending Release 2 1  $  1,795,000  $   1,828,000
Pending 15 2  $  1,149,000  $   4,259,000
Total Pending 21 1
 
Total Listings 99 9
 
Percent Pending 21%

 
 
Change since
 
Los Altos Hills 10/6/2008 9/12/2008 Lowest Price Highest Price
Active 51 6  $  1,579,000  $ 38,000,000
Pending Show 2 -1  $  2,098,000  $   2,150,000
Pending Release 1 0  $  2,295,000  
Pending 4 2  $  1,749,000  $   1,895,000
Total Pending 7 1
 
Total Listings 58 7
 
Percent Pending 12%

 
 
Change since
 
Menlo Park 10/6/2008 9/12/2008 Lowest Price Highest Price
Active 120 10  $     299,900  $   5,450,000
Pending Show 3 0  $     399,999  $   3,245,000
Pending Release 3 -1  $     349,000  $   1,200,000
Pending 18 -5  $     299,000  $   4,495,000
Total Pending 24 -6
 
Total Listings 144 4
 
Percent Pending 17%

 
 
Change since
 
Mtn View 10/6/2008 9/12/2008 Lowest Price Highest Price
Active 64 2  $     599,000  $   4,400,000
Pending Show 9 -1  $     809,000  $   3,298,000
Pending Release 3 0  $     639,000  $     897,000
Pending 12 -5  $     599,000  $   1,399,000
Total Pending 24 -6
 
Total Listings 88 -4
 
Percent Pending 27%

 
 
Change since
 
MV Townhomes 10/6/2008 9/12/2008 Lowest Price Highest Price
Active 72 -1  $     184,500  $   1,245,000
Pending Show 9 -3  $     339,000  $   1,129,000
Pending Release 3 0  $     295,000  $     599,000
Pending 16 0  $     309,000  $   1,055,000
Total Pending 28 -3
 
Total Listings 100 -4
 
Percent Pending 28%

 
 
Change since
 
Palo Alto 10/6/2008 9/12/2008 Lowest Price Highest Price
Active 79 4  $     899,000  $ 12,500,000
Pending Show 9 5  $     799,950  $   2,995,000
Pending Release 4 2  $     899,000  $   1,280,000
Pending 25 7  $     849,000  $   2,999,800
Total Pending 38 14
 
Total Listings 117 18
 
Percent Pending 32%

 
 
Change since
 
Portola Valley 10/6/2008 9/12/2008 Lowest Price Highest Price
Active 24 -2  $     975,000  $   8,395,000
Pending Show 3 2  $  1,299,000  $   1,795,000
Pending Release 0 0
 
Pending 0 0
 
Total Pending 3 2
 
Total Listings 27 0
 
Percent Pending 11%

   
 
Change since
 
Sunnyvale 10/6/2008 9/12/2008 Lowest Price Highest Price
Active 139 18  $     399,900  $   1,988,888
Pending Show 27 -7  $     429,900  $     999,888
Pending Release 9 -4  $     400,000  $   1,015,000
Pending 25 -15  $     400,000  $   1,350,000
Total Pending 61 -26
 
Total Listings 200 -8
 
Percent Pending 31%

 
 
Change since
 
SV Townhomes 10/6/2008 9/12/2008 Lowest Price Highest Price
Active 91 3  $     295,000  $     849,950
Pending Show 10 -8  $     319,900  $     685,000
Pending Release 3 -2  $     309,900  $     375,000
Pending 9 -10  $     307,000  $     765,000
Total Pending 22 -20
 
Total Listings 113 -17
 
Percent Pending 19%      


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