I checked your link and see that the median sales price in the Country Club area rose 18.6% compared to all of Los Altos at 10.1%. Looks pretty good to me.
While talking with buyers and sellers, I'm not hearing any changes in attitudes.
Top 2 agent nationwide at Keller Williams Realty
Over 20 years experience
Over 1,000 homes sold
Intero Real Estate
When looking at data it is best to compare similar properties. Medium sales price represents that mid point where half the homes are above and half the homes are below that price. This can be skewed when more homes sell in one price point then another. When looking at the data you will notice that the number of homes changing hands has been pretty much level for the period you selected.
As lenders tighten up funds it is difficult to finance larger purchases, and this is true as our interest rates start to edge up. If you were to draw a line from the beginning of your stats to the end you will see that there is a slight increase in prices. Although what shows is a decrease.
The good choice to buy is what is good to YOU. It varies and a generic answer on the internet is not going to give you the full picture. Very much like statistics.
Thank you so much for your input. The below link is my referral. (Scroll down and there is the data available)
(I have to admit that I'm not good at analyzing data.)
We lived in Mt. View and Sunnyvale for many years; I speak from experience.
There are Windermere offices near there; have a Realtor do a CMA for you.
Good luck and may God bless