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Let’s reflect on the performance of the local Silicon Valley housing market for both January and February. Below you will find the statistics for the cities of Cupertino, Los Altos, Los Altos Hills, Mountain View, Palo Alto, Santa Clara, Saratoga, and Sunnyvale for each of these months, comparing the average sales price and number of closed sales of single family homes for each of these communities. Overall, what I have personally seen is plenty of eager buyers competing over a very low inventory, particular in areas like Los Altos and Palo Alto–which makes for a very hot market with multiple offer situations all around!

Here are the January stats:

Silicon Valley real estate statistics for January 2012. Information contained in this graphic is deemed reliable but not guaranteed.

And here are the February stats:

Silicon Valley real estate statistics for February 2012. Information contained in this graphic is deemed reliable but not guaranteed.

As always, if you would like an update on the market for an area not listed above or a detailed market analysis for your home, get in touch with me.

Well, December (and 2011 as a whole) has come to close and we are already heading into the second month of 2012 in just one more day. 2012 has proven to be quite a busy year thus far–in spite of low inventory across the board, I’ve got plenty of eager buyers. But before we move any further into the new year, I thought it would be best to take a look at the local real estate statistics for last month (December 2o11) and for the year overall.

As you can see in the graph below, I’ve compiled the data on the median sale price and number of closed sales for single family homes in the communities of Cupertino, Los Altos, Los Altos Hills, Mountain View, Palo Alto, Santa Clara, Saratoga, and Sunnyvale for December 2011.

Silicon Valley real estate statistics for December 2011. Information contained in this graphic is deemed reliable but not guaranteed.

In terms of looking at how we fared in all of 2011, I have compiled the average sales and closed sales volume for both single family homes and townhomes/condominiums in Cupertino, Los Altos, Los Altos Hills, Mountain View, Palo Alto, Santa Clara, Saratoga, and Sunnyvale. For reference, I have also included the equivalent data from 2010.

A comparison of the average sales price and close sales volume (in dollars) in 2010 and 2011 for select Silicon Valley cities. Information contained in this graphic is deemed reliable but not guaranteed.

As always, if you would like an update on the market for an area not listed above or a detailed market analysis for your home, get in touch with me.

With 2011 coming to a close very soon, let’s take this time to reflect on the performance of the local Silicon Valley market for both October and November. Below you will find the statistics for the cities of Cupertino, Los Altos, Los Altos Hills, Mountain View, Palo Alto, Santa Clara, Saratoga, and Sunnyvale for each of these months, comparing the median sales price and number of closed sales of single family homes for each of these communities. 

October 2011 Statistics - Click to Enlarge

Silicon Valley real estate statistics for October 2011. Information contained in this graphic is deemed reliable but not guaranteed.

November 2011 Statistics - Click to Enlarge

Silicon Valley real estate statistics for November 2011. Information contained in this graphic is deemed reliable but not guaranteed.

As always, if you would like an update on the market for an area not listed above or a detailed market analysis for your home, get in touch with me.

As we make our way through October, it’s time to take a step back and look at how the real estate market fared last month. As I am sure you can tell when comparing to previous months, I have decided to change things up and thought we could try a new format for the Market Update to help makes things a little more visually appealing. As you can see in the graph below, I’ve compiled the data on the number of closed sales and the median sale price for single family homes in the communities of Cupertino, Los Altos, Los Altos Hills, Mountain View, Palo Alto, Santa Clara, Saratoga, and Sunnyvale for September 2011.

Silicon Valley real estate statistics for September 2011. Information contained in this graphic is deemed reliable but not guaranteed.

As always, if you would like an update on the market for an area not listed above or a detailed market analysis for your home, get in touch with me.

It’s that time of the month again–the stats for how the real estate market fared last month are in. In the table below, I’ve compiled the number of closed sales, average days on market (DOM), and average sales price for single family homes in the communities of Cupertino, Los Altos, Los Altos Hills, Mountain View, Palo Alto, Santa Clara, Saratoga, and Sunnyvale for July 2011. Additionally, I have thrown in the data from July 2010 to provide a comparison.

July 2011 Market Statistics

Silicon Valley real estate statistics for July 2011. Information contained in this table is deemed reliable but not guaranteed.

As always, if you would like an update on the market for an area not listed above or a detailed market analysis for your home, get in touch with me.

Well readers, 2011 seems to be flying by as we are approaching August in just a few hours now. It has certainly been a busy summer for me working with my clients, but I wanted to update you all before we head into the new month on the real estate statistics that were released this month for June 2011 in some of our local Silicon Valley cities.

In the table below, I’ve compiled the number of closed sales, average days on market (DOM), and average sales price for single family homes in the communities of Cupertino, Los Altos, Los Altos Hills, Mountain View, Palo Alto, Santa Clara, Saratoga, and Sunnyvale for June 2011. Additionally, I have thrown in the data from June 2010 to provide a comparison. Across the board in all eight cities being followed, we saw an increase in the average sales price from one year ago.

June 2011 Market Statistics

Silicon Valley real estate statistics for June 2011. Information contained in this table is deemed reliable but not guaranteed.

As always, if you would like an update on the market for an area not listed above or a detailed market analysis for your home, get in touch with me.