Real Estate Market Blog: December 2013

 

Insights on the real estate market trends on the Mid-Peninsula: Portola Valley, Woodside, Atherton, Menlo Park, Palo Alto, Los Altos and Los Altos Hills.

December 2013 Real Estate Update

December 17, 2013
Ginny Kavanaugh
I hope this note finds you well and enjoying the holiday season with family and friends. We are so fortunate to live in this wonderful area (despite the frigid temperatures of late!) and I wish you all much happiness for the upcoming holidays. The season does not seemto be holding back home buyers. In Portola Valley since November 1, 7 homes have gone into contract ranging in price from $1.695 to $5.6 million. The lack of inventory (there are only 15 homes available for sale in all of Portola Valley) is certainly affecting the number of sales ...