Real Estate Market Blog: July 2014

 

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.

July 2014 Real Estate Update

July 10, 2014
Ginny Kavanaugh
The numbers are in for the first half of 2014 real estate. Home sales were strong throughout Portola Valley, Woodside, Atherton, Menlo Park, Palo Alto, Los Altos and Los Altos Hills. See the detail for each town below. Home sales are the strongest they’ve been in many years with 50 sales already in 2014. The average length of time to sell a home declined by 17%, and even more impressive – the median number of days on market decreased 27%. The average price shows a slight dip but this is due to a particularly high-end sale in 2013 that ...