Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the change that began around 2012. The median days on market stays very low with only occasional bumps up. The average dom has been trending down over this period and thus the change is that fewer homes deviate from the median. View Los … [Read more...] about Low DOM For Silicon Valley Houses
The Los Altos Hills average size of houses sold reached an all-time quarterly high on Aug 18, 2023. However, the average size of Los Altos homes sold was at the lower side of recent trends. What makes this catch our attention is that the average house size for eight San Mateo County cities (Foster City, Menlo Park, Millbrae, Pacifica, Portola Valley, San Carlos, San … [Read more...] about Los Altos Hills Houses Reach All-Time Largest
Proposition 19, takes effect on April 1, 2021. It is estimated to increase tax revenue overall. It increases taxes on inherited properties that are used as either a second home or as income properties. It provides more opportunities to save taxes on primary residence replacements. More information is available about Proposition 19 and about California property taxes. … [Read more...] about California Proposition 19
There have been a few reports (without data) that the corona virus pandemic is leading home buyers to prefer larger homes with larger lots. In Silicon Valley the city of Los Altos is known for having lots larger than most other Silicon Valley cities. Comparing house sales price trends for Los Altos to downtown Palo Alto does not yet show any change in preferences. Prices … [Read more...] about Corona Virus – Larger Lots?
Welcome to Silicon Valley Real Estate For Sale Sites. This is your first post. Edit or delete it, then start writing! … [Read more...] about Hello world!