April Trends in Silicon Valley home prices

 
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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

Sunnyvalle has some of the highest Silicon Valley home prices
Sunnyvalle has some of the highest Silicon Valley home prices

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.