Key information to note is the median price may be lower than last month, however, it is stillup 6% year-to-year. Another key datapoint is the days on market has increased both year-to-year, as well as month-to-month. And as you can see by the inventory, there are more homes coming on the market now.
The information provided by the California Association of REALTORS® is specific to the County of Santa Clara in Northern California. The cities within the County of Santa Clara include: Palo Alto, Mountain View, Los Altos, Sunnyvale, Cupertino, Campbell, Los Gatos, Saratoga, San Jose, Morgan Hill, Gilroy, to name a few. While our buyers take us to many areas of Santa Clara County, our main areas we service are Palo Alto, Mountain View and Los Altos.
To find more information about the market in Palo Alto visit my website.
Christina Sanchez Hood
Keller Williams Palo Alto
Helping workers of Silicon Valley find Homes that Work For Them!