Celeste Johnson - September 2024 Market Report Palo Alto Area

Page 1


Palo Alto area

Palo Alto Los Altos

Jump to Palo Alto Report

Redwood City

Jump to Redwood City Report

Portola Valley

Jump to Portola Valley Report

Menlo Park

Jump to Menlo Park Report

Atherton

Jump to Atherton Report

Jump to Los Altos Report

San Jose

Jump to San Jose Report

Mountain View

Jump to Mountain View Report

San Mateo County

Jump to San Mateo County Report

Santa Clara County

Jump to Santa Clara County Report

Monterey County

Jump to Monterey County Report

Santa Cruz County

Jump to Santa Cruz County Report

East Palo Alto

Jump to East Palo Alto Report

Sunnyvale

Jump to Sunnyvale Report

Santa Clara City

Jump to Santa Clara City Report

Saratoga

Jump to Saratoga Report

What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth today's market?

Icanhelp...

Contact me for a confidential, no obligation assessment of your home's value.

TheLifestyleFactorsThatCould TiptheScale

Are you on the fence about whether to sell your house now or hold off? It’s a common dilemma, but here’s a key point to consider: your lifestyle might be the biggest factor in your decision. While financial aspects are important, sometimes the personal motivations for moving are reason enough to make the leap sooner rather than later.

An annual report from the National Association of Realtors (NAR) offers insight into why homeowners like you chose to sell. All of the top reasons are related to life changes. As the graph below highlights:

Smart Strategies for a Mortgage Application

Avoid paying off debts or collections without professional advice.

Don't have your credit report pulled too many times - this can hurt your credit score. 3 4 5 6 1 2

Always consult your mortgage professional before making large financial moves. Use verified funds for deposits to prevent closing delays.

PROTECT

WHAT YOU DON’T EXPECT

You can’t always see a breakdown coming, but you can plan for it with American Home Shield. Our home service plans help fix or replace covered home systems and appliances, and help you stay on budget. Protect what you don’t expect.

CLICK HERE TO WATCH THE VIDEO

Looking to lighten the mood in your laundry room?

EIGHTEYECATCHING

Laundry Room Colors

To Look Out For

These refreshing colors make the wash-and-dry chore a little more pleasant.

Tranquil Blue

View it here

Sage Green

View it here

Eight Colrs fo Laundry

White

View it here

Yellow

View it here

Gray

View it here

Dusty Pink

View it here

View it here

Navy Blue Purple

View it here

Create a tranquil laundry space with Benjamin Moore's Beach Glass Its light blue shade, coupled with a subtle gray undertone, offers a clean and versatile aesthetic that avoids any baby nursery associations.

Transform your space with earthy tones like October Mist and Gloucester Sage from Benjamin Moore. Test out the trendy sage in your laundry room for a lowcommitment update easy to change and customize, ensuring lasting satisfaction with your design choice.

Create an elegant laundry room with Chantilly Lace by Benjamin Moore The classic white choice adds sophistication, opens up the space, and simplifies stain detection.

Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn or Upbeat bring warmth and optimism, while Pearly White offers a mellow option a yellow-based white that brings a perfect harmony of vibrancy and calmness

Gray remains a top choice for laundry room walls, providing a timeless and serene backdrop A soft gray for a whisper of sophistication, easily personalized with printed patterned tile flooring or Behr's bold 2024 Color of the Year, Cracked Pepper.

Sherwin-Williams' Rosebud for a touch of romance in laundry rooms. The dusty pink hue, paired with gold accents, adds a luxurious and warm atmosphere

Navy as the key to a striking laundry room. Beyond lighter blues, navy paired with lighter accents or white fixtures, especially Benjamin Moore's Hale Navy, creates a bold choice that makes the laundry room stand out.

Dare to take a style risk in your laundry room with a pop of color Opt for the subtle smoky lavender of Farrow & Ball's Peignoir for a neutral touch or go all-out glam with Backdrop's dark and vampy McQueen, drawing inspiration from the famous fashion designer.

Source : https://www familyhandyman com/list/laundry-room-colors/

AVOID ADU NIGHTMARES:

Hire the Right Partner

Adding an Accessory Dwelling Unit (ADU) boosts your property value and adds living space. Choose the right partner to ensure your project is smooth and successful.

Choose Expertise Over Inexperience

Building an ADU needs more than construction skills; it requires knowledge of local rules and design. Trust Acton ADU's expertise to avoid mistakes and ensure a seamless process.

Verify

Your ADU Partner’s Credentials

Check that your contractor knows ADU design and local rules to avoid errors. Choose someone with a strong track record in ADU projects.

Conduct Thorough Site Assessments

Not every property suits ADUs. Use experts for site assessments to avoid costly mistakes.

Put Your Trust in The Right Company

Acton ADU has been successfully helping homeowners achieve their property goals for over 35 years. Making the wrong choice in the ADU market can lead to serious financial setbacks. ADUs aren't always ways, but Acton ADU can make it feel that way.

START YOUR ADU PROJECT RIGHT

VENDOR DIRECTORY

When it comes to home ownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.

PaloAlto

What's in the Palo Alto data?

There were 44 single-family homes for sale, providing 1.2 months of inventory. There were 48 new listings, and 27 homes sold at a median price of $3.7m. The median overbid percentage was at 103%, with an average of 17 days on the market.

There were 22 condo and townhome units for sale, providing 3.7 months of inventory. There were 11 new listings and 5 units sold at a median sale price of $1.2m. The median overbid percentage was at 97%, with an average of 19 days on the market.

Single-Family Homes

48 New Listings

27 Sold Listings

1.2 Months of Inventory

$3.7M Median Sale Price

103% Median Sale vs List

17 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from August 2023 to August 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Townhomes

New Listings

5

Sold Listings

3.7

Months of Inventory

$1.2M

Median Sale Price 97%

Median Sale vs List

19 Avg Days on Market

AUGUST 2023 - AUGUST 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $3 75m last August 2023, to $3 7m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1 6m last August 2023, to $1 2m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 24 days last August 2023, to 17 days as of August 2024

Condos & Townhomes

The average time spent on the market went down from 37 days in August 2023, to 19 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 99% last August 2023, to 103% a year later

Condos & Townhomes

The overbid percentage has decreased from 98% last August 2023, to 97% a year later.

Redwood City

What's in the Redwood City data?

There were 46 single-family homes for sale, providing 1.4 months of inventory. There were 49 new listings, and 35 homes sold at a median price of $2.1m. The median overbid percentage was at 103%, with an average of 17 days on the market

There were 21 condo and townhome units for sale, providing 1.8 months of inventory. There were 18 new listings and 8 units sold at a median sale price of $1.3m. The median overbid percentage was at 97%, with an average of 31 days on the market.

Single-Family Homes

49 New Listings

35 Sold Listings

1.4 Months of Inventory

$2.1M Median Sale Price

103% Median Sale vs List

17 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from August 2023 to August 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Townhomes

18

New Listings

8

Sold Listings

1.8

Months of Inventory

$1.3M

Median Sale Price 97%

Median Sale vs List

31

Avg Days on Market

AUGUST 2023 - AUGUST 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 14m last August 2023, to $2 13m as of August 2024

Condos & Townhomes

The median sale price has increased from $1 2m last August 2023, to $1 3m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 17 days last August 2023, to 17 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 18 days in August 2023, to 31 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 102% last August 2023, to 103% a year later

Condos & Townhomes

The overbid percentage has decreased from 102% last August 2023, to 97% a year later.

Portola Valley

What's in the Portola Valley data?

There were 17 single-family homes for sale, providing 1.5 months of inventory. There were 9 new listings, and 16 homes sold at a median price of $4.3m. The median overbid percentage was at 97%, with an average of 22 days on the market

There was no data for condo and townhouse units for this month.

Single-Family Homes

9 New Listings

16 Sold Listings

1.5 Months of Inventory

$4.3M Median Sale Price

97% Median Sale vs List

22 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from August 2023 to August 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

No data for this month.

No data for this month.

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $7 4m last August 2023, to $4 3m as of August 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 69 days last August 2023, to 22 days as of August 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has increased from 88% last August 2023, to 97% a year later

Condos & Townhomes

No data for this month

MenloPark

What's in the Menlo Park data?

There were 17 single-family homes for sale, providing 0.8 months of inventory. There were 21 new listings, and 23 homes sold at a median pric of $3.2m. The median overbid percentage was at 104%, with an average of 16 days on the market.

There were 11 condo and townhome units for sale, providing 1.2 months of inventory. There were 7 new listings and 13 units sold at a median sale price of $2m. The median overbid percentag was at 101%, with an average of 25 days on the market.

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 8m last August 2023, to $3 2m as of August 2024

Condos & Townhomes

The median sale price has increased from $950k last August 2023, to $2m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last August 2023, to 16 days as of August 2024

Condos & Townhomes

The average time spent on the market went down from 55 days in August 2023, to 25 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 97% last August 2023, to 104% a year later

Condos & Townhomes

The overbid percentage has increased from 91% last August 2023, to 101% a year later.

Atherton

What's in the Atherton data?

There were 23 single-family homes for sale, providing 5.8 months of inventory. There were 4 new listings, and 4 homes sold at a median price of $16.1m. The median overbid percentage was at 95%, with an average of 60 days on the market.

There was no data for condo and townhouse units for this month.

Single-Family Homes

4 New Listings

4 Sold Listings

5.8 Months of Inventory

$16.1M Median Sale Price

95% Median Sale vs List

60 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from August 2023 to August 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

CONDO Condo & Townhomes

No data for this month.

AUGUST 2023 - AUGUST 2024 LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $8 2m last August 2023, to $16 1m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1 5m last August 2023, to $0 as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 110 days last August 2023, to 60 days as of August 2024

Condos & Townhomes

The average time spent on the market went down from 18 days in August 2023, to 0 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 89% last August 2023, to 95% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last August 2023, to 0% a year later.

Lo

What's

There we providing new listin of $4.2m 105%, wit

There we sale, prov were 8 ne sale price percentag days on t

Met

single-family homes, August 2024. was gathered. All Advisors Palo

Condo & Townhomes

8

New Listings

7

Sold Listings

2.1

Months of Inventory

$1.3M

Median Sale Price 97%

Median Sale vs List

59

Avg Days on Market

LosAltos

AUGUST 2023 - AUGUST 2024

LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $4 3m last August 2023, to $4 2m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1 5m last August 2023, to $1 3m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 21 days last August 2023, to 15 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 17 days in August 2023, to 59 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 98% last August 2023, to 105% a year later

Condos & Townhomes

The overbid percentage has decreased from 109% last August 2023, to 97% a year later.

SanJo

What's in the

There were 304 single providing 0.9 months new listings, and 347 price of $1.6m. The m was at 103% with an a market.

There were 220 condo sale, providing 1 4 mo were 200 new listings median sale price of $ percentage was at 10 days on the market.

47 Listings

1.6M an Sale Price

8 Days on Market

Graphix, includes all single-family homes, from August 2023 to August 2024. the time the data was gathered. All 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Tow

200

New Listings

1.4 Months of Inventory $8 Me 101%

Median Sale vs List Avg D

l2024 Aug2024
ul2024 Aug2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 6m last August 2023, to $1 62m as of August 2024

Condos & Townhomes

The median sale price has decreased from $850k last August 2023, to $830k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 15 days last August 2023, to 18 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 18 days in August 2023, to 24 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 104% last August 2023, to 103% a year later

Condos & Townhomes

The overbid percentage has decreased from 103% last August 2023, to 101% a year later.

Moun View

What's in the data?

There were 13 singleproviding 0.7 months new listings, and 20 h of $2.6m. The median 105% with an average

There were 37 condo sale, providing 1.6 mo were 27 new listings a sale price of $1.3m. T percentage was at 10 days on the market.

0 Listings

2.6M an Sale Price

3 Days on Market

Graphix, includes all single-family homes, from August 2023 to August 2024. the time the data was gathered. All 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

27

New Listings

22

Sold Listings

1.6

Months of Inventory

$1.3M

Median Sale Price

103%

Median Sale vs List

17 Avg Days on Market

AUGUST 2023 - AUGUST 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 62m last August 2023, to $2 65m as of August 2024

Condos & Townhomes

The median sale price has increased from $1 39m last August 2023, to $1 393m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 13 days last August 2023, to 13 days as of August 2024

Condos & Townhomes

The average time spent on the market went down from 22 days in August 2023, to 17 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 106% last August 2023, to 105% a year later

Condos & Townhomes

The overbid percentage has increased from 102% last August 2023, to 103% a year later.

SanM Coun

What's in the data?

There were 448 single providing 1.5 months new listings, and 326 price of $1.7m. The m was at 104 1%, with a market.

There were 222 condo sale, providing 2.5 mo were 141 new listings median sale price of $ percentage was at 10 days on the market

26 Listings

1.7M an Sale Price

3 Days on Market

Graphix, includes all single-family homes, from August 2023 to August 2024. the time the data was gathered. All 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

141

New Listings

98 Sold Listings

2.5

Months of Inventory

$926K

Median Sale Price 100%

Median Sale vs List

37 Avg Days on Market

SanMateo

AUGUST 2023 - AUGUST 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 785m last August 2023, to $1 78m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1m last August 2023, to $926k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last August 2023, to 23 days as of August 2024

Condos & Townhomes

The average time spent on the market went down from 48 days in August 2023, to 37 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 101% last August 2023, to 104 1% a year later

Condos & Townhomes

The overbid percentage has remained the same from 100% last August 2023, to 100% a year later.

SantaClara County

What's in the Santa Clara County data?

There were 791 single-family homes for sale, providing 1.2 months of inventory. There were 846 new listings, and 749 homes sold at a median price of $1.8m. The median overbid percentage was at 103%, with an average of 19 days on the market.

There were 516 condo and townhome units for sale, providing 1.8 months of inventory. There were 430 new listings and 295 units sold at a median sale price of $1m. The median overbid percentage was at 100.1%, with an average of 24 days on the market

Single-Family Homes

846 New Listings

749 Sold Listings

1.2 Months of Inventory

$1.8M Median Sale Price

103% Median Sale vs List

19 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from August 2023 to August 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Townhomes

430

New Listings

295 Sold Listings

1.8

Months of Inventory

$1M

Median Sale Price 100.1%

Median Sale vs List 24 Avg Days on Market

SantaClaraCounty

AUGUST 2023 - AUGUST 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 82m last August 2023, to $1 83m as of August 2024

Condos & Townhomes

The median sale price has increased from $950k last August 2023, to $1m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 18 days last August 2023, to 19 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 19 days in August 2023, to 24 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 104% last August 2023, to 103% a year later

Condos & Townhomes

The overbid percentage has decreased from 102% last August 2023, to 100.1% a year later.

Monterey County

What's in the Monterey County data?

There were 438 single-family homes for sale, providing 2.5 months of inventory. There were 214 new listings, and 140 homes sold at a median price of $903k. The median overbid percentage was at 96%, with an average of 36 days on the market.

There were 61 condo and townhome units for sale, providing 2 months of inventory. There were 32 new listings and 23 units sold at a median sale price of $630k. The median overbid percentage was at 96%, with an average of 43 days on the market

Single-Family Homes

214 New Listings

140 Sold Listings

2.5 Months of Inventory

$903K Median Sale Price

96%

Median Sale vs List

36 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from August 2023 to August 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

MontereyCounty

AUGUST 2023 - AUGUST 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $899k last August 2023, to $903k as of August 2024

Condos & Townhomes

The median sale price has decreased from $813k last August 2023, to $630k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 41 days last August 2023, to 36 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 30 days in August 2023, to 43 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has remained the same from 96% last August 2023, to 96% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last August 2023, to 96% a year later.

SantaCruz County

What's in the Santa Cruz County data?

There were 334 single-family homes for sale, providing 2.6 months of inventory. There were 175 new listings, and 131 homes sold at a median price of $1.3m. The median overbid percentage was at 96%, with an average of 31 days on the market

There were 84 condo and townhome units for sale, providing 2.9 months of inventory. There were 44 new listings and 28 units sold at a median sale price of $859k. The median overbid percentage was at 95%, with an average of 35 days on the market.

Single-Family Homes

175 New Listings

131 Sold Listings

2.6 Months of Inventory

$1.3M Median Sale Price

96% Median Sale vs List

31 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from August 2023 to August 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

44

New Listings

28 Sold Listings

2.9

Months of Inventory

$859K

Median Sale Price 95%

Median Sale vs List 35 Avg Days on Market

SantaCruzCounty

AUGUST 2023 - AUGUST 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 2m last August 2023, to $1 3m as of August 2024

Condos & Townhomes

The median sale price has increased from $805k last August 2023, to $859k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 27 days last August 2023, to 31 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 20 days in August 2023, to 35 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98% last August 2023, to 96% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last August 2023, to 95% a year later.

gle-Family Homes

Listings hs of Inventory

04% an Sale vs List

9 Sold Listings

$990K Median Sale Price

16 Avg Days on Market

data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, and townhomes in the California Area above from August 2023 to August 2024. ay include preliminary data, and may vary from the time the data was gathered. All deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1m last August 2023, to $990k as of August 2024

Condos & Townhomes

The median sale price has decreased from $820k last August 2023, to $635k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 11 days last August 2023, to 16 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 14 days in August 2023, to 110 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 105% last August 2023, to 104% a year later

Condos & Townhomes

The overbid percentage has decreased from 97% last August 2023, to 92% a year later.

Sunn

What's in the

There were 20 single providing 0.7 months new listings, and 44 h of $2.7m. The media 111% with an averag

There were 27 condo sale, providing 1.7 m were 26 new listings sale price of $1.1m. T percentage was at 10 days on the market.

4 istings

2.7M n Sale Price

3 ays on Market

Graphix, includes all single-family homes, from August 2023 to August 2024. the time the data was gathered. All 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

26

New Listings

28 Sold Listings

1.7

Months of Inventory

$1.1M

Median Sale Price

103%

Median Sale vs List

22 Avg Days on Market

Sunnyvale

AUGUST 2023 - AUGUST 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 1m last August 2023, to $2 7m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1 3m last August 2023, to $1 1m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 13 days last August 2023, to 13 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 16 days in August 2023, to 22 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106% last August 2023, to 111% a year later

Condos & Townhomes

The overbid percentage has increased from 101% last August 2023, to 103% a year later.

Santa City

What's in the data?

There were 20 single providing 0.6 month new listings, and 35 of $2m. The median 111%, with an avera

There were 36 cond sale, providing 2.4 m were 32 new listings sale price of $913k. percentage was at 1 days on the market.

35 d Listings

$2M dian Sale Price

13 g Days on Market

Graphix, includes all single-family homes, above from August 2023 to August 2024. from the time the data was gathered. All 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

3 New List 2. Months of Inven 101% Median Sale vs

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 9m last August 2023, to $2m as of August 2024

Condos & Townhomes

The median sale price has decreased from $915k last August 2023, to $913k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 10 days last August 2023, to 13 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 18 days in August 2023, to 27 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 110% last August 2023, to 111% a year later

Condos & Townhomes

The overbid percentage has decreased from 104% last August 2023, to 101% a year later.

Saratoga

What's in the Saratoga data?

There were 28 single-family homes for sale, providing 1.2 months of inventory. There we new listings, and 22 homes sold at a median of $4.2m. The median overbid percentage w 101%, with an average of 25 days on the ma

There was 1 condo and townhome unit for s providing 0.3 months of inventory. There we new listings and 4 units sold at a median sal price of $1.1m. The median overbid percenta was at 101%, with an average of 17 days on market.

e-Family Homes

22 Sold Listings

sourced from InfoSparks and Trend Graphix, includes all single-family homes, townhomes in the California Area above from August 2023 to August 2024. include preliminary data, and may vary from the time the data was gathered. All ed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated. ngs

2 f Inventory

$4.2M Median Sale Price

1% ale vs List

25 Avg Days on Market

AUGUST 2023 - AUGUST 2024

NGS FOR SALE SOLD LISTINGS

amily Homes months, year-over-year. & Townhomes months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $4 27m last August 2023, to $4 25m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1 2m last August 2023, to $1 1m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 22 days last August 2023, to 25 days as of August 2024

Condos & Townhomes

The average time spent on the market went down from 23 days in August 2023, to 17 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 99% last August 2023, to 101% a year later

Condos & Townhomes

The overbid percentage has increased from 97% last August 2023, to 101% a year later.

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