Real Estate Market Blog: December 2015

 

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.

2015 Survey Exclusive: Wealth, Real Estate & the High-Net Worth Investor

December 17, 2015
Ginny Kavanaugh
Here's an excerpt from Coldwell Banker's Previews Inside Out: A Look Into Luxury Home and Style. Rising home prices? C’est la vie, say a majority of today’s high-net-worth (HNW) individuals. According to new research Coldwell Banker Previews International®/NRT commissioned from Ipsos MediaCT: 54% of HNW individuals say they plan to make a real estate investment this year, up from 48% in 2014. 69% of HNW millennials (those under age 35) say they plan to purchase a new property in the coming year — running contrary to the myth that ...

December 2015 Real Estate Update

December 14, 2015
Ginny Kavanaugh
Looking back, 2015 turned out to be another strong year overall for our local real estate markets, especially for home sellers. The Bay Area housing market experienced good appreciation in home prices in many areas, although some home values did come back to earth a bit as the year wore on. The median sales price in the Bay Area through October reached $710,000, up 9 percent in 2015 from last year, according to local MLS data analyzed by Coldwell Banker. Year-to-date 2015 Year-to-date 2014 Percent change Portola V ...