Jeff and Steve

Alain Pinel Realtors

2nd Quarter Market Activity - '00 to '08

Graph June08 Los Altos
Graph June08 Palo Alto

 

Days on Market*
Average Percentage of List Price Received**
 
 Graph June08 Los Altos Hills
Graph June08 Menlo Park

Days on Market*
Average Percentage of List Price Received**


The charts above show the median sales price for the month of June 2000-2008.
 
At the bottom of the charts you will see the average number of days it took to sell homes in the month of June for each year. In addition, the average percentage of list price received by sellers in June of that year is also shown. 

Although it has been reported widely that "Bay Area home prices are down 20% from a year ago," you can see that it has certainly not been the case in our market area!



OUR CURRENT RECOMMENDATIONS:
SELLERS: If you are thinking of selling in the near future we encourage you to hurry and take advantage of the current low-inventory market.
BUYERS: At this point in the cycle, it is imperative that buyers select carefully to minimize downside risk. (Please call us for details: 650.543.1050)
Visit links for past Market Activity pages here: Year 2008
January  ::  February  ::  March  ::  April  ::  May  ::  June  ::  July  ::  August  ::  September  ::  October

Year 2007
August
  ::  September  ::  October  ::  November  ::  December