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Real Estate Market Blog: August 2018

 

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.

August 2018 Real Estate Update

August 14, 2018
Ginny Kavanaugh
Statistics in our area indicate a slight slowdown in home sales; fewer multiple offer situations; and even some price drops occurring. Of course, the data must be taken in context. Variables such as neighborhood and price point can dramatically shift these figures. It’s important to keep any eye on these numbers to determine if we are seeing a seasonal trend or a shift in the market. While it’s far too early to tell, you can be sure that I stay on top of the real estate market every day and would be happy to discuss it with you in detail ...