Demand Continues in Spite of Wall Street
Wall Street’s fluctuations haven’t harmed demand for housing on the S.F. Peninsula a bit. If anything, demand is increasing! For example, Mountain View has performed phenomenally rising 88%+ in the last four years! In August, Los Altos lead in demand over supply with 27 sales during the month and only 19 active listings at months end. And Palo Alto had the highest average percentage of list price received by sellers: 116.0%.
In the charts below, you’ll find 15 years of data for market activity and median sales price for the month of August 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.