The San Francisco Peninsula & Silicon Valley real estate markets continued their spectacular recovery in spite of a global recession
Technology and social networking companies from Mountain View to San
Francisco are rapidly expanding â€“ and hiring. The demand for housing in
this area is now nearly as strong as it was during the dot-com boom of â€™98-â€˜00
. Median sales prices, on average, were up 4% from last year, and up by 13% in Atherton.Hills Markets Now Recovering
During the past few years demand has been low in Los Altos Hills,
Portola Valley, and Woodside. Yet, in 2011 those areas had the greatest
increase in sales volume over the previous year of all the areas
covered here. In fact, Woodsideâ€™s sales volume was up by 84%!Click here
to access more detailed charts and analysis on current market condition for Los Altos, Palo Alto and surrounding communities.
When we only look at averages they can tell us something, but not
everything. If you have any questions or would like an in-depth analysis of trends in your
particular neighborhood, we will be happy to provide it.
Jeff Sticker, Broker & Attorney | 650.823.8057 | email@example.com | DRE #0948478
Steve TenBroeck, Broker & President's Club | 650.450.0160 | firstname.lastname@example.org | DRE#01044091