Home Selling in Atherton>Question Details

Peter Kitch, Real Estate Pro in Menlo Park, CA

How many new listings in the $4-5mil range do you think will hit the market following the IPO of Facebook in Atherton?

Asked by Peter Kitch, Menlo Park, CA Sat Feb 11, 2012

Have fun! Take a guess. No one knows for sure exactly how and if the market will actually respond... I think.

Help the community by answering this question:


Arthur Sharif’s answer
Because of the already high demand in that price range, I dont think many more homes will hit the market. Folks whose homes are in that range can sell today. I believe that the homes we will see on the market following Facebook's IPO will be much higher in the $6 million+ price range.
Web Reference: http://arthursharif.com
1 vote Thank Flag Link Tue Feb 21, 2012
Who knows, but I wish I had a buyer to refer you in that price range. :)
1 vote Thank Flag Link Sat Feb 11, 2012
Depends on the zip code. If it's Cupertino or perhaps anywhere in Silicon Valley I'd say the IPO will definitely move the needle on the meter in a positive direction. If it's Stockton, CA then Phil is probably spot on..........WHO CARES!
0 votes Thank Flag Link Sun Feb 12, 2012
I think the # of listings is exactly the same as the # of people who care.
Web Reference: http://www.321property.com
0 votes Thank Flag Link Sat Feb 11, 2012
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