Real Estate Market Blog: May 2016

 

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.

May 2016 Real Estate Update

May 16, 2016
Ginny Kavanaugh
Buyer demand remains strong and inventory low, creating a competitive market. Whether you are on the buy side or the sell side, contact me anytime for a personal consultation or just to catch up on the market. Check out the specifics for the cities below. Portola Valley sales volume decreased 41% in the first 4 months compared to the same period last year, due largely in part to the limited inventory. April proved the strongest month this year for sales with a total of 5 homes closing escrow. The few homes that did come on the market ...