September Market Activity - '00 to '09

Los Altos September 09 Graph Palo Alto September 09 Graph

 

Months of Inventory at Current Sales Rate*
Average Percentage of List Price Received**
 
 Los Altos Hills September 09 Graph
Menlo Park September 09 Graph

Months of Inventory at Current Sales Rate*
Average Percentage of List Price Received**

 

The charts above show the number of closed sales in the month of September of each year, ‘00 through ‘09, and the number of homes for sale on the last day of the month.

At the bottom of the charts, you will see the number of months it would take for the homes to sell at that month’s rate of sales, plus the average percentage of list price received by sellers is also shown.

This month: While the inventory of homes for sale was higher this September than the last couple of years, so were the numbers of sales. Therefore, the market was more balanced.

Bottom line: Buyers and sellers will both need to be somewhat flexible to achieve success in the current market.

Data was gathered from MLSlistings.com

 



OUR CURRENT RECOMMENDATIONS:
SELLERS:

If you are thinking of selling your home be careful to price it accurately. Buyers are now extremely price-sensitive.

BUYERS:

There is above average inventory of homes for sale. Take advantage of very favorable interest rates and these balanced market conditions.

Visit links for past Market Activity pages here:

Year 2010
January

Year 2009
February ::  March :: April  ::  May  ::  June  ::  July :: 
August ::
September :: October :: November :: December