When Will It End?
We have enjoyed the greatest bull market in real estate in memory. This includes the most overbidding for homes, as buyer compete for the few homes available. How long will it last? Prognosticators are evenly mixed on the subject. Some are saying in will go on for several years. While others claim the end is surely near. Whatever the case, home owners in our area are blessed indeed.
In the charts below, you’ll find 15 years of data for market activity and median sales price for the month of April for Palo Alto, Los Altos, Los Altos Hills, Menlo Park and Mountain View. You can’t find this level of historical data all in one place anywhere else, so if you have any questions or wish to get more info about your community, don’t hesitate to contact us.