How's the real estate market doing on the Peninsula and in Silicon Valley?
That's a common question, and people really want to know. The word is finally getting out that real estate really IS local.
As you can see from the charts below, single-family homes are selling, the average days on market are not long, and they sell quite close to the asking price.
The Silicon Valley cities of Palo Alto, Mountain View, Sunnyvale and Cupertino are especially strong - high tech is growing. Things are a bit slower in the San Mateo County cities of Belmont, San Carlos, Redwood City and Menlo Park, but very respectable nonetheless.
If you'd like to know more, or interested in the condo/townhouse market, drop me a note.