Price Seasonality - Los Altos vs Santa Clara County

 Seasonality of median prices for single family homes shows well in those two graphs, one for the County as a whole, the other for the specific city of Los Altos.

A value for a month usually corresponds statistically to the sales price of the previous month's transactions.  For instance a value for January would typically correspond to the aggregate sales started in December.

Click on any graph to see it larger.

Of course, as all statistics, one has to take them with a grain of salt.  Some large single sales can skew the figures quite a bit, and the smaller the sample is, the less they are meaningful.

Like my updates? Subscribe to my Blog! Thank you for reading,

Francis

Silicon Valley real estate
Trends: Local prices and graphs.
How much is your home worth?

Closed sale:  766 University Ave, Palo Alto - 2 B. 2 Ba     -   $1.375 million.

Check out the 3-D model!

California: Consumer Sentiment - August 2021

Good time to buy is at 18%, up 1 percentage point from last month and down 15 percentage points from last year, while good time to sell is at 72%, up 2 percentage points from last month and up 18 percentage points from last year. 

Source:  CAR.org

Like my updates? Subscribe to my Blog! Thank you for reading,

Francis

Silicon Valley real estate
Trends: Local prices and graphs.
How much is your home worth?

Closed sale:  766 University Ave, Palo Alto - 2 B. 2 Ba     -   $1.375 million.

Check out the 3-D model!

Palo Alto moving forward with short-term housing project for homeless near Baylands

 Palo Alto moving forward with short-term housing project for homeless near Baylands

The site is modeled on a similar transitional housing project in Mountain View.

PALO ALTO — A new project to quickly house the city’s homeless residents is edging closer to reality after the city council agreed to explore a non-profit developer’s plan to build a temporary housing complex near the Baylands.

Mountain View-based non-profit temporary housing developer LifeMoves wants to use over an acre of the 14.4-acre site to build up to a 180-room complex with on-site nurses, community classrooms, and communal dining and restroom areas to get people off the city’s streets.

to read the whole article, go to this link.

article by Aldo toledo, of the Mercury News.

Like my updates? Subscribe to my Blog! Thank you for reading,

Francis

Silicon Valley real estate
Trends: Local prices and graphs.
How much is your home worth?

Pending - soon closing:  766 University Ave, Palo Alto - 2 B. 2 Ba     -   $1.449 million.

Check out the 3-D model!

Impressive Figures - Bay Area Real Estate

Whoa, these are impressive figures for what has happened to the real estate market in the San Francisco Bay Area in the past 2-3 years.

First graph: Single Family Residences, from 1/1/2019 to today:

 
Second graph:  Common Interest Developement, same period:

Like my updates? Subscribe to my Blog! Thank you for reading,

Francis

Silicon Valley real estate
Trends: Local prices and graphs.
How much is your home worth?

Currently on the market:  766 University Ave, Palo Alto - 2 B. 2 Ba     -   $1.449 million.

Check out the 3-D model!