Prices in the Bay Area at large are leveling off.
Not everywhere, and not all in the same manner. But DataQuick, the La Jolla-based real estate information services firm, said the median sale price for new and existing homes in the region in July stayed at a 3-month plateau at $617,000. That was down .2 % from June's median price but up 9.8 % from the $562,000 median in July 2013.
Complete information along the Peninsula can be found in this Coldwell Banker article, with the following remarks with regards to the area close to Los Altos and Palo Alto, and referred to as "Silicon Valley" (always more competitive):
...... Silicon Valley – The market is a bit spotty, according to our Cupertino manager. The demand for
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Silicon Valley real estate specialist
Detailed, local trends etc...
Current mortgage rates
non-profit organization worth noting: Partners for New Generations
- now called:
Mentor Tutor Connection.