It’s been a busy month for me and for the real estate market, overall. Here’s a look at Silicon Valley home prices and how they're trending through the end of April 2016.
Home Price Leaders
Several communities saw double-digit increases in home prices in April compared with April a year ago. Significant increases were seen in:
• Menlo Park 19% • San Carlos 15% • San Jose 12% • Portola Valley 10%
We also had increases on homes in Los Altos (7%), Sunnyvale (7%), Cupertino (5%), Atherton (2%), Palo Alto (1%) and Los Altos Hills (1%).
The median home price for April in Mountain View dropped 4%; Redwood City saw a 1% decrease.
My Recent Sales
I’ve closed several great properties recently. These include single-family homes in Belmont ($1.5 million), Atherton ($2,350,030) and Sunnyvale ($595,000).
Three of my homes are currently pending sale in Mountain View, Palo Alto and Menlo Park.
I can show you the types of homes you want to live in and negotiate with sellers to get you your dream home. I also am ready to represent your home for sale and likewise serve you with a high level of professionalism and experience.
Summer’s almost here, so let’s get moving as the market picks up! Give me a call to learn more about the current trends in Silicon Valley home prices.