Inary Zou - May 2024 Market Report | Palo Alto Area by California Concierge

Palo Alto area

Palo Alto Los Altos

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Redwood City

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Portola Valley

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Menlo Park

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Atherton

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San Jose

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Mountain View

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San Mateo County

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Santa Clara County

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Monterey County

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Santa Cruz County

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East Palo Alto

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Sunnyvale

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Santa Clara City

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Saratoga

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What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth today's market?

IcContact me for a confidential, no obligation assessment of your home's value.

WhatIsGoingonwith MortgageRates?

You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data. Here’s a quick overview of what’s happening with mortgage rates and what experts say is ahead.

Economic Factors That Impact Mortgage Rates

When it comes to mortgage rates, things like the job market, the pace of inflation, consumer spending, geopolitical uncertainty, and more all have an impact. Another factor at play is the Federal Reserve (the Fed) and its decisions on monetary policy. And that’s what you may be hearing a lot about right now. Here’s why.

The Fed decided to start raising the Federal Funds Rate to try to slow down the economy (and inflation) in early 2022. That rate impacts how much it costs banks to borrow money from each other. It doesn’t determine mortgage rates, but mortgage rates do respond when this happens. And that’s when mortgage rates started to really climb.

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Looking to lighten the mood in your laundry room?

EIGHTEYECATCHING

Laundry Room Colors

To Look Out For

These refreshing colors make the wash-and-dry chore a little more pleasant.

Tranquil Blue

View it here

Sage Green

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Eight Colrs fo Laundry

White

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Yellow

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Gray

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Dusty Pink

View it here

Navy Blue Purple

View it here

Create a tranquil laundry space with Benjamin Moore's Beach Glass Its light blue shade, coupled with a subtle gray undertone, offers a clean and versatile aesthetic that avoids any baby nursery associations.

Transform your space with earthy tones like October Mist and Gloucester Sage from Benjamin Moore. Test out the trendy sage in your laundry room for a lowcommitment update easy to change and customize, ensuring lasting satisfaction with your design choice.

Create an elegant laundry room with Chantilly Lace by Benjamin Moore The classic white choice adds sophistication, opens up the space, and simplifies stain detection.

Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn or Upbeat bring warmth and optimism, while Pearly White offers a mellow option a yellow-based white that brings a perfect harmony of vibrancy and calmness

Gray remains a top choice for laundry room walls, providing a timeless and serene backdrop A soft gray for a whisper of sophistication, easily personalized with printed patterned tile flooring or Behr's bold 2024 Color of the Year, Cracked Pepper.

Sherwin-Williams' Rosebud for a touch of romance in laundry rooms. The dusty pink hue, paired with gold accents, adds a luxurious and warm atmosphere

Navy as the key to a striking laundry room. Beyond lighter blues, navy paired with lighter accents or white fixtures, especially Benjamin Moore's Hale Navy, creates a bold choice that makes the laundry room stand out.

Dare to take a style risk in your laundry room with a pop of color Opt for the subtle smoky lavender of Farrow & Ball's Peignoir for a neutral touch or go all-out glam with Backdrop's dark and vampy McQueen, drawing inspiration from the famous fashion designer.

Source : https://www familyhandyman com/list/laundry-room-colors/

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PaloAlto

What's in the Palo Alto data?

There were 46 single-family homes for sale, providing 1.2 months of inventory. There were 59 new listings, and 42 homes sold at a median price of $3.9m. The median overbid percentage was at 104%, with an average of 12 days on the market.

There were 15 condo and townhome units for sale, providing 1.4 months of inventory. There were 14 new listings and 15 units sold at a median sale price of $1.5m. The median overbid percentage was at 101%, with an average of 17 days on the market.

Single-Family Homes

59 New Listings

42 Sold Listings

1.2 Months of Inventory

$3.9M Median Sale Price

104% Median Sale vs List

12 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from April 2023 to April 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

SFH

New Listings

1.4

Months of Inventory 101%

Median Sale vs List

Condo

, y y 3 Jan2024 Feb2024 Mar2024 Apr2024 23 Jan2024 Feb2024 Mar2024 Apr2024 ISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 1m last April 2023, to $3 9m as of April 2024

Condos & Townhomes

The median sale price has decreased from $1 7m last April 2023, to $1 5m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 23 days last April 2023, to 12 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 32 days in April 2023, to 17 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 101% last April 2023, to 104% a year later

Condos & Townhomes

The overbid percentage has decreased from 96% last April 2023, to 101% a year later.

Back to Table of Contents $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 20 40 60 80 100 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

Redwood City

What's in the Redwood City data?

There were 27 single-family homes for sale, providing 0.8 months of inventory. There were 42 new listings, and 55 homes sold at a median price of $2m. The median overbid percentage was at 106%, with an average of 9 days on the market

There were 19 condo and townhome units for sale, providing 1.5 months of inventory. There were 17 new listings and 5 units sold at a median sale price of $1.25m. The median overbid percentage was at 108%, with an average of 15 days on the market.

Single-Family Homes

42 New Listings

55 Sold Listings

0.8 Months of Inventory

$2M Median Sale Price

106%

Median Sale vs List

9 Avg Days on Market

SFH

New Listings

Sold Listings

1.5

Months of Inventory

108%

Median Sale vs List

$1.25M

Median Sale Price

15 Avg Days on Market

CONDO

Condo & Townhomes 17

APRIL 2023 - APRIL 2024

RedwoodCity

year-over-year.

year-over-year 0 10 20 30 40 50 60 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 0 5 10 15 20 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes Last

months,

Condos & Townhomes Last 12 months,

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 9m last April 2023, to $2m as of April 2024

Condos & Townhomes

The median sale price has decreased from $1 26m last April 2023, to $1 25m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 20 days last April 2023, to 9 days as of April 2024

Condos & Townhomes

The average time spent on the market went up from 14 days in April 2023, to 15 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 99% last April 2023, to 106% a year later

Condos & Townhomes

The overbid percentage has increased from 102% last April 2023, to 108% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 10 20 30 40 50 60 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

Portola Valley

What's in the Porto data?

There were 15 single-family h providing 2.1 months of inve new listings, and 5 homes so of $3.7m. The median overbi 108%, with an average of 8 d

There was no data for condo for this month.

all single-family homes, 2023 to April 2024. This data was gathered. All data Copyright KW Advisors Palo Alto

7M Price s Market

No data for this month.

ey 2023 Jan2024 Feb2024 Mar2024 Apr2024 a LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 9m last April 2023, to $3 7m as of April 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 35 days last April 2023, to 8 days as of April 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has increased from 92% last April 2023, to 108% a year later

Condos & Townhomes

No data for this month

Back to Table of Contents $0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023

0 10 20 30 40 50 60 70 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024

Jan2024Feb2024Mar2024Apr2024

Feb2024Mar2024Apr2024

Menlo

What's in the Menl

There were 45 single-family h providing 1.5 months of inve new listings, and 25 homes s of $3.7m. The median overbi 102%, with an average of 14

There were 14 condo and tow sale, providing 2.3 months of were 13 new listings and 4 u sale price of $1.8m. The med percentage was at 101%, wit days on the market.

all single-family homes, 2023 to April 2024. This data was gathered. All data

7M Price s Market

New Listings

4 Sold Listings

2.3

Months of Inventory

$1.8M

Median Sale Price

101%

Median Sale vs List

2 Avg Days on Market

CONDO

Condo & Townhomes 13

APRIL 2023 - APRIL 2024

Family Homes

2 months, year-over-year.

s & Townhomes

2 months, year-over-year

MenloPark

May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 TINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 5m last April 2023, to $3 7m as of April 2024

Condos & Townhomes

The median sale price has increased from $1 7m last April 2023, to $1 8m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 18 days last April 2023, to 14 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 191 days in April 2023, to 2 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 97% last April 2023, to 102% a year later

Condos & Townhomes

The overbid percentage has increased from 93% last April 2023, to 101% a year later.

Back to Table of Contents $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 50 100 150 200 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

Atherton

What's in the Atherton data?

There were 31 single-family homes for sale, providing 3.4 months of inventory. There wer new listings, and 9 homes sold at a median p of $6.6m. The median overbid percentage wa 101%, with an average of 12 days on the mar

There was no data for condo and townhouse for this month.

CONDO Condo & Townhomes

No data for this month.

Atherton

APRIL 2023 - APRIL 2024

Single-Family Homes

Last 12 months, year-over-year.

NO DATA THIS MONTH

Condos & Townhomes

Last 12 months, year-over-year

0 5 10 15 20 25 30 35 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024

SOLD LISTINGS

LISTINGS FOR SALE

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $11 1m last April 2023, to $6 6m as of April 2024

Condos & Townhomes

The median sale price has remained the same from $0 last April 2023, to $0 as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 34 days last April 2023, to 12 days as of April 2024

Condos & Townhomes

The average time spent on the market remained the same from 0 days in April 2023, to 0 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 91% last April 2023, to 101% a year later

Condos & Townhomes

The overbid percentage has remained the same from 0% last April 2023, to 0% a year later.

Back to Table of Contents $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 50 100 150 200 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

LosAltos

What's in the Los Altos data?

There were 24 single-family homes for sale, providing 1 month of inventory. There were 32 new listings, and 26 homes sold at a median price of $4.05m. The median overbid percentage was at 105%, with an average of 11 days on the market.

There were 24 condo and townhome units for sale, providing 2.7 months of inventory. There were 17 new listings and 6 units sold at a median sale price of $2.6m. The median overbid percentage was at 100%, with an average of 10 days on the market.

Single-Family Homes

32 ew Listings

26 Sold Listings

1 Month of Inventory

$4.05M

Median Sale Price

105%

Median Sale vs List

11 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from April 2023 to April 2024. This may include preliminary data, and may vary from the time the data was gathered. All data deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

SFH

New Listings

Townhomes

Sold Listings

2.7

Months of Inventory

$2.6M

Median Sale Price

100%

Median Sale vs List

10 Avg Days on Market

CONDO

Condo &

LosAltos

APRIL 2023 - APRIL 2024

Single-Family Homes Last 12 months, year-over-year. Condos & Townhomes Last 12 months, year-over-year 0 5 10 15 20 25 30 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 0 5 10 15 20 25 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $4m last April 2023, to $4 05m as of April 2024

Condos & Townhomes

The median sale price has increased from $1 6m last April 2023, to $2 6m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 14 days last April 2023, to 11 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 40 days in April 2023, to 10 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 101% last April 2023, to 105% a year later

Condos & Townhomes

The overbid percentage has decreased from 102% last April 2023, to 100% a year later.

Back to Table of Contents $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 20 40 60 80 100 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

SanJose

What's in the San Jose data?

There were 260 single-family homes for sale, providing 0.6 months of inventory. There were 516 new listings, and 368 homes sold at a median price of $1.7m. The median overbid percentage was at 110%, with an average of 10 days on the market.

There were 168 condo and townhome units for sale, providing 0 9 months of inventory There were 226 new listings and 162 units sold at a median sale price of $900K. The median overbid percentage was at 106%, with an average of 15 days on the market.

Single-Family Homes

516

New Listings

368 Sold Listings

0.6 Months of Inventory

$1.7M Median Sale Price

110%

Median Sale vs List

10 Avg Days on Market

SFH

226

New Listings

162

Sold Listings

0.9

Months of Inventory

$900K

Median Sale Price 106%

Median Sale vs List 15 Avg Days on Market

CONDO

Condo & Townhomes

APRIL 2023 - APRIL 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

SanJose

0 100 200 300 400 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 0 50 100 150 200 250 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 5m last April 2023, to $1 7m as of April 2024

Condos & Townhomes

The median sale price has increased from $863k last April 2023, to $900k as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 19 days last April 2023, to 10 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 19 days in April 2023, to 15 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103% last April 2023, to 110% a year later

Condos & Townhomes

The overbid percentage has increased from 103% last April 2023, to 106% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 10 20 30 40 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

Mountain View

What's in the Mountain View data?

There were 25 single-family homes for sale, providing 0.9 months of inventory. There were 37 new listings, and 28 homes sold at a median price of $2.7m. The median overbid percentage was at 113%, with an average of 10 days on the market

There were 32 condo and townhome units for sale, providing 1.1 months of inventory. There were 50 new listings and 21 units sold at a median sale price of $955k. The median overbid percentage was at 104%, with an average of 16 days on the market.

Single-Family Homes

37 New Listings

28 Sold Listings

0.9 Months of Inventory

$2.7M Median Sale Price

113%

Median Sale vs List

10 Avg Days on Market

SFH

New Listings

21 Sold Listings

1.1

Months of Inventory

$955K

Median Sale Price

104%

Median Sale vs List

16 Avg Days on Market

CONDO

Condo & Townhomes

APRIL 2023 - APRIL 2024

Family Homes

2 months, year-over-year.

s & Townhomes

2 months, year-over-year

MountainView

May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024

FOR SALE SOLD LISTINGS

TINGS

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 8m last April 2023, to $2 7m as of April 2024

Condos & Townhomes

The median sale price has decreased from $1 5m last April 2023, to $0 9m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 8 days last April 2023, to 10 days as of April 2024

Condos & Townhomes

The average time spent on the market went up from 13 days in April 2023, to 16 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106% last April 2023, to 113% a year later

Condos & Townhomes

The overbid percentage has increased from 103% last April 2023, to 104% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 5 10 15 20 25 30 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

SanMateo County

What's in the San Mateo County data?

There were 408 single-family homes for sale, providing 1.4 months of inventory. There were 461 new listings, and 330 homes sold at a median price of $2.1m. The median overbid percentage was at 105 2%, with an average of 18 days on the market.

There were 195 condo and townhome units for sale, providing 2.2 months of inventory. There were 153 new listings and 101 units sold at a median sale price of $965k. The median overbid percentage was at 102%, with an average of 23 days on the market

He-Family Homes

1 ings

330 Sold Listings

4 of Inventory

$2.1M Median Sale Price

5.2% Sale vs List

18 Avg Days on Market

sourced from InfoSparks and Trend Graphix, includes all single-family homes, townhomes in the California Area above from April 2023 to April 2024. This preliminary data, and may vary from the time the data was gathered. All data reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

153

New Listings

101

Sold Listings

2.2

Months of Inventory

102%

Median Sale vs List

$965K

Median Sale Price

Avg Days on Market

CONDO

Condo & Townhomes

SanMateo

APRIL 2023 - APRIL 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

0 100 200 300 400 500 600 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 0 50 100 150 200 250 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 7m last April 2023, to $2 1m as of April 2024

Condos & Townhomes

The median sale price has increased from $857k last April 2023, to $965k as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 24 days last April 2023, to 18 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 36 days in April 2023, to 23 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 2% last April 2023, to 105 2% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last April 2023, to 102% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 10 20 30 40 50 60 70 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

Sant Cou

What's in t

County da

There were 720 providing 1.1 mo 1,155 new listing median price of percentage was days on the mar

There were 411 sale, providing 1 were 552 new lis median sale pric percentage was days on the mar

homes, This data Alto

5 Ne Months

10 Median S

nty y y Apr2024 4 Apr2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 7m last April 2023, to $1 9m as of April 2024

Condos & Townhomes

The median sale price has increased from $936k last April 2023, to $1 08m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 19 days last April 2023, to 13 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 20 days in April 2023, to 16 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 7% last April 2023, to 109 4% a year later

Condos & Townhomes

The overbid percentage has increased from 101.5% last April 2023, to 104% a year later.

Monter County

What's in the Mon data?

There were 294 single-family providing 1.9 months of inve new listings, and 134 homes price of $987k. The median o was at 96%, with an average market.

There were 47 condo and tow sale, providing 1.4 months of were 39 new listings and 38 sale price of $618k. The med percentage was at 98%, with days on the market

all single-family homes, 2023 to April 2024. This data was gathered. All data

7K Price

Market

New Listings

1.4

Months of Inventory 98%

Median Sale vs List

Condo

ounty , y y Jan2024 Feb2024 Mar2024 Apr2024 3 Jan2024 Feb2024 Mar2024 Apr2024 STINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $933k last April 2023, to $987k as of April 2024

Condos & Townhomes

The median sale price has increased from $585k last April 2023, to $618k as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 36 days last April 2023, to 37 days as of April 2024

Condos & Townhomes

The average time spent on the market went up from 26 days in April 2023, to 44 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has remained the same from 96% last April 2023, to 96% a year later

Condos & Townhomes

The overbid percentage has decreased from 99% last April 2023, to 98% a year later.

Back to Table of Contents $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 10 20 30 40 50 60 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

SantaC County

What's in the Sant County data?

There were 216 single-family providing 2 months of invent new listings, and 120 homes price of $1.4m. The median o was at 99%, with an average market

There were 58 condo and tow sale, providing 1.6 months of were 54 new listings and 34 sale price of $840k. The med percentage was at 98%, with days on the market.

all single-family homes, 2023 to April 2024. This data was gathered. All data

4M Price s Market

New Listings

1.6

Months of Inventory 98%

Median Sale vs List

C Cond 54

, y y 2023 Jan2024 Feb2024 Mar2024 Apr2024 2023 Jan2024 Feb2024 Mar2024 Apr2024 LISTINGS

County

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 3m last April 2023, to $1 4m as of April 2024

Condos & Townhomes

The median sale price has decreased from $950k last April 2023, to $840k as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 39 days last April 2023, to 28 days as of April 2024

Condos & Townhomes

The average time spent on the market went up from 19 days in April 2023, to 31 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has remained the same from 99% last April 2023, to 99% a year later

Condos & Townhomes

The overbid percentage has decreased from 102% last April 2023, to 98% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 10 20 30 40 50 60 70 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

East PaloAlto

What's in the East Palo Alto data?

There were 14 single-family homes for sale, providing 1.4 months of inventory. There were 13 new listings, and 8 homes sold at a median price of $1.1m. The median overbid percentage was at 108%, with an average of 8 days on the market

There were 2 condo and townhome units for sale, providing 2 months of inventory. There were 0 new listings and 0 units sold at a median sale price of $0m. The median overbid percentage was at 0%, with an average of 0 days on the market.

Condo

New Listings 2

Months of Inventory 0%

Median Sale vs List

o , y y Jan2024 Feb2024 Mar2024 Apr2024 3 Jan2024 Feb2024 Mar2024 Apr2024 STINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $900k last April 2023, to $1 1m as of April 2024

Condos & Townhomes

The median sale price has decreased from $739k last April 2023, to $0m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 11 days last April 2023, to 8 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 8 days in April 2023, to 0 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106% last April 2023, to 108% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last April 2023, to 0% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 50 100 150 200 250 300 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

Sunnyvale

What's in the Sunnyvale data?

There were 25 single-family homes for sale, providing 0.5 months of inventory. There were 65 new listings, and 45 homes sold at a median price of $2.7m. The median overbid percentage was at 115%, with an average of 9 days on the market.

There were 17 condo and townhome units for sale, providing 0.7 months of inventory. There were 37 new listings and 30 units sold at a median sale price of $1.3m. The median overbid percentage was at 114.%, with an average of 17 days on the market.

Single-Family Homes

65 New Listings

45 Sold Listings

0.5 Months of Inventory

$2.7M Median Sale Price

115% Median Sale vs List

9 Avg Days on Market

SFH

Condo & Townhomes

New Listings

30 Sold Listings

0.7

Months of Inventory

$1.3M

Median Sale Price 114%

Median Sale vs List 17 Avg Days on Market

CONDO

Sunnyvale

2023

Condos & Townhomes Last 12 months, year-over-year

APRIL

- APRIL 2024 Single-Family Homes Last 12 months, year-over-year.

0 10 20 30 40 50 60 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 0 5 10 15 20 25 30 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 2m last April 2023, to $2 7m as of April 2024

Condos & Townhomes

The median sale price has increased from $1 1m last April 2023, to $1 3m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 8 days last April 2023, to 9 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 26 days in April 2023, to 17 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 107% last April 2023, to 115% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last April 2023, to 114% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 5 10 15 20 25 30 35 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

SantaClara City

What's in the Santa Clara City data?

There were 23 single-family homes for sale, providing 0.4 months of inventory. There were 61 new listings, and 52 homes sold at a median price of $2m. The median overbid percentage was at 118%, with an average of 8 days on the market

There were 42 condo and townhome units for sale, providing 1.2 months of inventory. There were 60 new listings and 29 units sold at a median sale price of $1.2m. The median overbid percentage was at 107%, with an average of 16 days on the market.

Single-Family Homes

61 New Listings

52 Sold Listings

0.4 Months of Inventory

$2M Median Sale Price

118%

Median Sale vs List

8 Avg Days on Market

SFH

New Listings

29 Sold Listings

1.2

Months of Inventory

$1.2M

Median Sale Price

107%

Median Sale vs List 16 Avg Days on Market

CONDO

Condo & Townhomes

SantaClaraCity

APRIL 2023 - APRIL 2024

ngle-Family Homes st 12 months, year-over-year.

ondos & Townhomes st 12 months, year-over-year

Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 7m last April 2023, to $2m as of April 2024

Condos & Townhomes

The median sale price has increased from $871k last April 2023, to $1 2m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 13 days last April 2023, to 8 days as of April 2024

Condos & Townhomes

The average time spent on the market remained the same from 16 days in April 2023, to 16 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 110% last April 2023, to 118% a year later

Condos & Townhomes

The overbid percentage has increased from 101% last April 2023, to 107% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 5 10 15 20 25 30 35 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

Saratoga

What's in the Saratoga data

There were 35 single-family homes for sal providing 1.3 months of inventory. There w new listings, and 18 homes sold at a medi of $4.2m. The median overbid percentage 105%, with an average of 29 days on the m

There were 0 condo and townhome units f providing 0 months of inventory. There we new listings and 5 units sold at a median s price of $1m. The median overbid percenta at 104%, with an average of 5 days on the

18 Sold Listings

$4.2M

Median Sale Price

29 Avg Days on Market

Trend Graphix, includes all single-family homes, Area above from April 2023 to April 2024. This vary from the time the data was gathered. All data DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

omes

Condo & Townhomes 3 New Listings 0 Months of Inventory

Median Sale Price 104% Median Sale vs List 5 Avg Days on Market 5 Sold Listings

CONDO

$1M

APRIL 2023 - APRIL 2024

y Homes ths, year-over-year.

ownhomes ths, year-over-year

atoga

n2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 n2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 S FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 7m last April 2023, to $4 2m as of April 2024

Condos & Townhomes

The median sale price has decreased from $1 4m last April 2023, to $1m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 47 days last April 2023, to 29 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 29 days in April 2023, to 5 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 97% last April 2023, to 105% a year later

Condos & Townhomes

The overbid percentage has decreased from 105% last April 2023, to 104% a year later.

Back to Table of Contents $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 20 40 60 80 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

505 Hamilton Ave Suite #100, Palo Alto, CA 94301 PaloAlto Inary Zou Realtor® DRE #02000309 (408) 660-6884 Inary99@gmail.com InaryZou.kw.com