MARKET TRENDS
What’s Going on with the Market Right Now
LAST 15-MONTH MARKET TREND - updated 7/11/11, includes 5 major categories:1. Number of Solds/Pending/Active
2. Avg. Price/SqFt
3. Sale Price/Orig Price%
4. Average Price for Sale & Sold
5. Months of Inventory
(click on the City OR Zipcode Below, Other areas and subareas also available, contact Dorothy)
July 11, 2011 Market Trends
In Los Altos in year over year in June, seeing increase of 16.7% in inventory sold vs year ago, selling slightly under the asking price, average sale price increase over 5%, and over 41% decrease in inventory vs a year ago
In Mountain View in year over year in June, seeing 22% decrease in sale and 20% increase in pending in June vs a year ago, average selling price over asking at 102%, 16.7% increase in sale price year over year and again low inventory only about 1.1 month
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