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Real Estate Market Blog: August 2017

 

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.

Where to watch the solar eclipse in the Bay Area

August 18, 2017
Ginny Kavanaugh
It's been almost 40 years since the last total solar eclipse was visible in the US. While California will see only about 60-80% of the eclipse, it's still an event worthy of attention. Witness history by joining a viewing party in your area or watch the live streaming video on the NASA website: https://www.nasa.gov/eclipselive Bernal Heights Park Coit Tower Corona Heights Park Crissy Field Grandview Park Hamon Observation Tower Mission Dolores Park Mount Davidson Treasure Island Twin Peaks Burlingame Main Library Menlo Park ...

August 2017 Real Estate Update

August 07, 2017
Ginny Kavanaugh
Contrary to the popular belief that sales lag in summer, the real estate market performed quite well in July along the Peninsula. Even with this activity, I anticipate this to increase after Labor Day with sellers wanting to sell their home before the holidays. Portola Valley performed well in July with 4 homes going into contract (one of which I represented) and 5 homes closing escrow (2 of which I represented). Only one home sold in July for more than $2.775 million, resulting in a lower median price than we saw in the previous 3 months ...