MARKET TRENDS
What’s Going on with the Market Right Now
LAST 15-MONTH MARKET TREND- updated 8/11/11, 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)
August 11, 2011 Market Trends
In Los Altos in year over year in July, seeing decrease of 35% in inventory sold vs year ago, selling close to the asking price, average sale price increase by 0.3%, and over 19% increase in inventory vs a year ago
In Mountain View in year over year in July, seeing 80% increase in sale and same amount of pending in July vs a year ago, average selling price slightly under asking, 2.8% increase in sale price year over year and again low inventory only about 1.1 month
