Palo Alto

Sketch of houseIt can be really challenging for people moving to Silicon Valley to get a sense of real estate prices, and perhaps more, to compare housing costs from one town or district to another.

One question I get a lot is this: what does it cost to buy a 4 bedroom, 2 bath house of about 2000 square feet?

So to answer this question, let’s see what houses like this are selling for (4 bed, 2 bath, appx 2000 SF or 185 square meters) and see how the cost looks in one Santa Clara Count y / Silicon Valley area versus another.

Today I compared several areas and cities using this criteria: single family homes of 1800 – 2200 SF, 3-5 bedrooms, 2-3 bathrooms, on lot sizes of 6000 SF to 10,000 SF. Normally I would chart this over the last 2 months, or 60 days, but because of the low inventory causing the sellers market I have expanded the search to the last 4 months, or 120 days, for a better range. As of this writing, Los Altos only had one sale over the last 120 days, so data for that segment spans from 0 to 180 days back, or 6 months, and in that half a year we have merely 3 sold.

Here’s how it shakes out in the “west valley areas” along the Highway 85 corridor, most of which are known to have good to great public schools. What areas are most affordable? One way of analyzing this is the “price per square foot” figure. Whenever I update the chart, I re-arrange the order of the cities from high to low based on the price per square foot, although there’s usually minimal movement.

Below are my results from the same search back in September 18, 2015. By comparisson, you can tell that Santa Clara’s average Price has increased, pushing it above Almaden and Campbell.

How competitive is the market? Have a look at the DOM or “Days on Market” figure. All of these days on market are short, but they range from low to heart-skippingly fast.

In most cases, the priciest and most desirable places have either the best schools or shortest commute location or both (Palo Alto and Cupertino have both). Had I ranked these for school scores, you’d find that Cambrian is fairly high up and a good “bang for the buck” location – though not a super short commute for folks who work in Mountain View (though not so bad for people working in Cupertino).  Almaden, too, offers a good value for the quality of the schools, homes, and neighborhoods, though the commute is longer. None of these is especially close to North San Jose (where a major employer is Cisco).

It should also be noted that in some of the smaller communities with less on the market these numbers may not be as stable as others with more data – for instance, Saratoga only had four homes sold matching this criteria within the 120 days of collected data, and therefore may not be as accurate as others, such as the Blossom Valley area of San Jose with the most data at 35 homes sold. For these smaller communities with less data, it is beneficial to look at them more closely – Saratoga, for instance, has 3 different high school districts which have an impact the real estate prices.  This chart is really just a snapshot to give a general sense of the relative affordability of these markets to one another. Continue reading

Often I have clients who are interested in purchasing a 4 bedroom, 2 bath home in a good school district in Silicon Valley, particularly in the South Bay and West Valley areas.    Tonight I did a study on the MLS of homes that have sold and closed escrow in the last 4 months with these characteristics:

  • single family home (house)
  • 4 bedrooms
  • 2 bathrooms
  • 1800 to 2200 square feet of living space
  • 6000 to 10,000 sf lot

Disclaimers aside, here are the numbers for select West Valley Communities in the West/South Bay area with good schools. The first number is the average sales price per square foot, the second number is the average sales price:

Capture

And a look at the chart from all the way back in 2011. What’s changed? A lot! The order has shifted some, showing where demand has increased or decreased. Most noticeably, the prices are significantly lower in 2011 than they are now.

The home prices tend to run with the school district API scores.  You can check the 2013, three year average, API scores in Santa Clara County for both the districts and the individual schools online here.         Continue reading

Art and Wine FestivalsArt and wine lovers, music enthusiasts, and foodies there’s a great season of festivals ahead in the Silicon Valley area!  Here’s a list of many of the nearby art, wine, food and street events which are sure to please!  Below please find there when, where and what for the 2015 season.   Enjoy the bountiful entertainment opportunities that await in Santa Clara County and close by. Remember, not all of these events are free entry, some are not family friendly, and parking can sometimes be tricky, so do your research and read up on the attached links before you visit!

May 16-17, Oxnard, California Strawberry Festival

May 24-25, San Ramon, the San Ramon Art & Wind Festival

May 29-31, San Jose, Japantown, 1st annual J-Town Film Fest

May 29-31, Foster City, 44th annual Arts & Wine Festival

June 5-6, San Jose, Downtown, the 8th annual SubZERO Festival

June 5-7, Menlo Park, 35th annual Nativity Carnival

June 6, Bonny Doon, 13th annual, Bonny Doon Art & Wine Festival (a benefit – must be 21 or older to attend, tickets online)

June 6-7, Sunnyvale, 41st annual Art & Wine Festival

June 17, Menlo Park, Summer Block Party

June 20, San Jose, Downtown, 34th annual Fountain Blues Festival

June 22, San Jose, Willow Glen, 18th annual Dancin’ on the Avenue

June 26-28, Oakland, 40th annual Montclair Fine Arts Sidewalk Festival

June 27, Oakland, Montclair Beer and Wine Celebration (an addition to the Montclair Fine Arts Sidewalk Festival)

Continue reading for more Silicon Valley and San Francisco Bay Area Art & Wine Festivals! Continue reading

Five years ago I wrote my first post about what you can buy for $1,000,000 in Silicon Valley. This is still a significant question for first time buyers in the area and those wishing to relocate to the Valley, so it’s time for a refresher. Here we will take a new look at some statistical averages for homes that sold between $900,000 and $1,000,000 within the last 90 days, comparing various towns, cities, and neighborhoods. There are two charts, one for single family homes and a second for condos and townhomes. There were some places we looked at that had nothing for sale within our pricing – these are listed below the charts with explanations.

For those of you who are curious the post from 2010 is left at the bottom, and we were in a buyers market at the time – very different from the prolonged sellers market we are experiencing now.

To start off with, here is the chart for single family homes:

Single Family Homes for $1 Million
Mountain View
1,079 SqFt
$931.67/SqFt
5,432 SqFt Lot
Age 62
Sunnyvale
1,259 SqFt
$780.20/SqFt
6,054 SqFt Lot
Age 66
Los Gatos
1,647 SqFt
$664.98/SqFt
8,188 SqFt Lot
Age 74
Los Gatos Mountains
2,013 SqFt
$494.50/SqFt
140,266 SqFt Lot
Age 53
Evergreen,
San Jose
2,113 SqFt
$460.43/SqFt
6,828 SqFt Lot
Age 26
Santa Clara
1,429 SqFt
$689.81/SqFt
5,337 SqFt Lot
Age 54
Almaden,
San Jose
1,932 SqFt
$497.88/SqFt
6177 SqFt Lot
Age 43
Willow Glen,
San Jose
1,518 SqFt
$663.86/SqFt
6,414 SqFt Lot
Age 58
Cambrian,
San Jose
1,431 SqFt
$679.98/SqFt
6,754 SqFt Lot
Age 56
Blossom Valley,
San Jose
2,351 SqFt
$406.46/SqFt
6,473 SqFt Lot
Age 28

 

We also searched in Saratoga where there were no homes listed as sold within our criteria. Saratoga is a highly desirable area with most of the homes selling closer to the $2 million marker. For more on the current Saratoga market, check out our market analysis page for monthly updates. Cupertino also returned with no results.

Now on to townhomes and condos:

Condos & Townhomes for $1 Million
Mountain View
1,146 SqFt
$821.26/SqFt
1,865 SqFt Lot
Age 26
Sunnyvale
1,745 SqFt
$552.64/SqFt
1,335 SqFt Lot
Age 13
Los Gatos
1,696 SqFt
$576.40/SqFt
1,747 SqFt Lot
Age 42
Evergreen,
San Jose
2,016 SqFt
$468.01/SqFt
1,742 SqFt Lot
Age 16
Santa Clara
1,790 SqFt
$539.11/SqFt
1,874 SqFt Lot
Age 11
Cupertino
1,099 SqFt
$862.03/SqFt
2,251 SqFt Lot
Age 34
Willow Glen,
San Jose
1,954 SqFt
$486.69/SqFt
1,742 SqFt Lot
Age 40
Cambrian,
San Jose
1,535 SqFt
$605.86/SqFt
1,562 SqFt Lot
Age 8
For various reasons there were a number of areas that did not list results for our search criteria. Saratoga, again, does not make the cut most likely for having a higher price point in general. The Los Gatos Mountains are another area not listed, but that is simply because there are no condos or townhouses in that area. Almaden and Blossom Valley, both neighborhoods in San Jose also came back with zero results.
If you found this post helpful or would like more information on a specific area’s market, look through our market reports, many updated monthly, or contact me.

Now, the original post from September 21, 2010:

You’ve heard that prices are a little high in Silicon Valley.  Even with the recession and the “rollback”, this is still true.  So what can you buy for $1 million here?

In Santa Clara County (which is most of “Silicon Valley”), in the last 3 months there were about 50 -75 homes that sold very close to $1 million.  They were spread throughout the county.  Here’s a snapshot of what a million dollar home in Silicon Valley looks like.

(Reminder: these are 2010 figures)

Santa Clara County:

Home square footage= 2115
Lot square footage = 10,535
Average price per square foot = $531
Average age = 43 years

San Jose as a whole:

Home square footage = 2560
Lot square footage = 8343
Av price per SF = $409
Average age = 37

Los Gatos:Home square footage= 1810
Lot square footage = 8866
Average price per square foot = $580
Average age = 57 years
Saratoga:Home square footage= 2055
Lot square footage = 10964
Average price per square foot = $483
Average age = 53 years
Campbell:

Home square footage= 2454
Lot square footage = 10,468
Average price per square foot = $418
Average age = 33 years

Palo Alto:

Home square footage= 1278
Lot square footage = 6428
Average price per square foot = $816
Average age = 60 years

Depending on where you live, you can get more or less for your money.  In some areas, a million dollar price tag will get you a townhouse rather than a house, too. In some areas, it’s a luxury home, but in many it’s simply a nice, middle-class home.

  1. 3 beds, 2 full baths
    Home size: 1,301 sq ft
    Lot size: 10,497 sqft
  2. 3 beds, 3 full baths
    Home size: 1,311 sq ft
    Lot size: 1,524 sqft
  3. 3 beds, 2 full baths
    Home size: 1,380 sq ft
    Lot size: 7,013 sqft
  4. 3 beds, 2 full baths
    Home size: 1,479 sq ft
    Lot size: 6,011 sqft
  5. 5 beds, 4 full baths
    Home size: 3,650 sq ft
    Lot size: 10,628 sqft
  6. 3 beds, 2 full, 1 half baths
    Home size: 1,894 sq ft
    Lot size: 1,219 sqft
  7. 3 beds, 2 full baths
    Home size: 1,270 sq ft
    Lot size: 8,407 sqft
  8. 2 beds, 2 full baths
    Home size: 1,032 sq ft
    Lot size: 1,089 sqft
  9. 3 beds, 2 full baths
    Home size: 1,362 sq ft
    Lot size: 6,011 sqft
  10. 3 beds, 2 full baths
    Home size: 1,905 sq ft
    Lot size: 6,534 sqft
  11. 3 beds, 2 full baths
    Home size: 1,400 sq ft
    Lot size: 5,662 sqft
  12. 3 beds, 2 full baths
    Home size: 1,500 sq ft
    Lot size: 6,446 sqft
  13. 2 beds, 2 full baths
    Home size: 1,056 sq ft
    Lot size: 1,350 sqft
  14. 3 beds, 2 full, 1 half baths
    Home size: 2,256 sq ft
    Lot size: 5,357 sqft
  15. 3 beds, 2 full baths
    Home size: 1,375 sq ft
    Lot size: 6,664 sqft
  16. 3 beds, 2 full, 1 half baths
    Home size: 1,771 sq ft
    Lot size: 4,791 sqft
  17. 4 beds, 3 full baths
    Home size: 2,125 sq ft
    Lot size: 7,405 sqft
  18. 5 beds, 3 full, 1 half baths
    Home size: 1,893 sq ft
    Lot size: 6,011 sqft
  19. 3 beds, 2 full baths
    Home size: 1,243 sq ft
    Lot size: 6,011 sqft
  20. 4 beds, 2 full, 1 half baths
    Home size: 2,936 sq ft
    Lot size: 6,577 sqft

See all Real estate matching your search.
(all data current as of 2/20/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Overheated marketIn Silicon Valley, the housing market is again quite overheated.

  • Inventory is down.
  • Home sales are down (because inventory is down).
  • And home buyer morale is down in the wake of multiple offers, overbids and bidding wars.

Pricing are rising fast.   Some folks are now getting priced out of the market and many are just giving up until things calm down. We have seen this before: a Déjà vu.

This is not happening uniformly across Santa Clara County, but is a general trend seen with the most popular properties.  These tend to be the most affordable homes in areas close to high tech job centers (such as condos and townhouses in Sunnyvale, Palo Alto, etc.) as well as the least expensive single family homes in areas with good to great schools (think Union Schools area of San Jose’s Cambrian district, homes in west San Jose 95129 with Cupertino schools, plus of course the more expensive areas with outstanding public education too).  In general, it’s a seller’s market.

As a frustrated home buyer, what can you do?  Besides just throw more cash at the problem, and give away all of your rights?

One approach is to find the segments of the market which are not quite so hot.  For instance, there are lovely townhomes and condominiums which are selling a little more slowly because they are on the expensive end of pricing for their zip code.  Those properties may not sell so fast because many of the buyers in that range are going to push just a little more to get into a single family home instead.

Another idea is to find homes with fixable problems, defects, or issues.  You cannot change location, but it may be possible to take a 3 bed, 1 bath home and add a second bathroom to it.  Many houses with pools (where pricing is under $1 million) sell with less bids because of the pool – and it IS possible to remove a pool, often making a home more valuable to most home buyers.  So target these homes and there may be less competition than the same house without a pool.

Finally, consider properties which have been on the market awhile.  Many buyers won’t take a second look at a house that’s been on the market for 45 or 60 days, but that may be the gem you need.  Most of the time, properties that languish on the market are simply overpriced.  Sometimes there are odor issues or other things which may require more effort to remediate, but these problems may be an opportunity in disguise.

Related reading:

What is a sharp offer or relative bid?

With dozens of offers on that house, why bother?

Overheated market, overheated emotions

  1. 5 beds, 3 full baths
    Home size: 2,215 sq ft
    Lot size: 5,619 sqft
  2. 4 beds, 3 full baths
    Home size: 2,130 sq ft
    Lot size: 8,058 sqft
  3. 4 beds, 2 full, 1 half baths
    Home size: 2,364 sq ft
    Lot size: 8,712 sqft
  4. 4 beds, 2 full, 1 half baths
    Home size: 2,368 sq ft
    Lot size: 2,439 sqft
  5. 4 beds, 2 full baths
    Home size: 1,840 sq ft
    Lot size: 5,619 sqft
  6. 5 beds, 3 full baths
    Home size: 1,879 sq ft
    Lot size: 7,448 sqft
  7. 2 beds, 1 full, 1 half baths
    Home size: 960 sq ft
    Lot size: 3,615 sqft
  8. 2 beds, 1 full bath
    Home size: 1,154 sq ft
    Lot size: 5,357 sqft
  9. 3 beds, 2 full baths
    Home size: 1,698 sq ft
    Lot size: 6,446 sqft
  10. 4 beds, 2 full baths
    Home size: 1,778 sq ft
    Lot size: 6,272 sqft

See all Real estate in the city of Palo Alto.
(all data current as of 2/20/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Mid-century modern homes, including those designed by Joseph Eichler, dot the Silicon Valley & South Bay Area real estate landscape.  There are probably more than 5,000 Eichlers in Santa Clara County altogether, plus all the other homes of that genre with the similar modern style, which was influenced by the ranch and prarie styles as well as the dramatic work by Frank Lloyd Wright (open beam ceilings, nearly flat roofs, lots of exposed wood & glass windows stretching from the floor to the ceiling).  Eichlers, especially, put a premium on privacy from the street but open to the outdoors otherwise.

Not every community in Santa Clara County has Eichler homes, but most have the mid-century modern style homes & neighborhoods. These homes vary from tiny, modest cottages of 1100 square feet to large & elegant  houses of nearly 3,000 square feet, featuring big, central atriums or courtyards.  (There are also some co-ops in the valley too.)  The quality varies, as the homes were constructed by several different builders with different home buying budgets in mind.  Real estate prices range from “entry level” to very expensive, depending on the location (city and schools), size of the home & lot, and condition of the property. Most of them are now about 50 years old, though some are a little younger.

Some of the West Side Silicon Valley Communities which feature Eichler and Mid Century Modern Homes

In Los Gatos there are no Eichlers but there are a small handful of single family homes which are mid-century modern on Eastridge Drive (just off Blossom Hill Road and Hillbrook). There are a couple more at the end of Magnuson Terrace (off Magnuson Loop and Los Gatos Blvd).  Additionally, there are some smaller mid-50s homes on El Gato (and adjacent portions of Escobar) off of Los Gatos-Almaden Road. Unfortunately, not all of these homes are “well kept”, though many are.

Monte Sereno is home to 16 Eichler designed houses on Via Sereno beginning at the intersection of Winchester Blvd with Via Sereno.  These houses were built in the late 60s to early 70s.
Continue reading

Offer DeadlinesIt’s a seller’s market in Silicon Valley right now.  Many sellers are getting multiple offers and overbids, especially in Cupertino, Sunnyvale, Mountain View, Palo Alto and Menlo Park.  For home owners trying to maximize their sales price, does it make sense to have an “offer deadline”?

Maybe.

If you are pretty confident that you can get multiple offers, the deadline helps in a few ways.

  • it prevents the offer situation from being a mere “foot race” (fastest one wins)
  • it allows everyone enough time to see the house, read the inspections, disclosures etc.
  • it provides enough time for the sellers and agents to plan

As with all strategic plans, this one can backfire too.  If you or your agent publishes an offer deadline and then no bids are forthcoming, it’s more than just a let down.  It’s a market signal that this home is overvalued by its owner and agent.  Then, suddenly, it can appear to be an old listing, even if it’s just been on the market 7 to 10 days.

Many real estate agents take a middle path, saying nothing about offers until agents ask. If they are asked, they will give a date in the future – usually a couple of days after the open house.  But the MLS won’t say it for these agents unless they hear many buyers’ agents asking about offer presentation.  They don’t want to look bad, they don’t want your house to look bad.

We never know until a property goes on the market how it will fare.  It is wise to be cautious about advertising an offer date unless you are very certain that you will be seeing multiples!

  1. 3 beds, 3 full baths
    Home size: 1,311 sq ft
    Lot size: 1,524 sqft
  2. 3 beds, 2 full baths
    Home size: 1,380 sq ft
    Lot size: 7,013 sqft
  3. 2 beds, 2 full baths
    Home size: 1,258 sq ft
    Lot size: 1,263 sqft
  4. 3 beds, 2 full baths
    Home size: 1,270 sq ft
    Lot size: 8,407 sqft
  5. 3 beds, 2 full baths
    Home size: 1,113 sq ft
    Lot size: 5,009 sqft
  6. 3 beds, 3 full baths
    Home size: 1,443 sq ft
    Lot size: 435 sqft
  7. 2 beds, 2 full baths
    Home size: 1,008 sq ft
    Lot size: 3,659 sqft
  8. 5 beds, 4 full baths
    Home size: 3,001 sq ft
    Lot size: 8,581 sqft
  9. 4 beds, 2 full, 1 half baths
    Home size: 1,320 sq ft
    Lot size: 1,698 sqft
  10. 3 beds, 2 full baths
    Home size: 1,092 sq ft
    Lot size: 5,270 sqft

See all Real estate in the city of San Jose.
(all data current as of 2/20/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Luxury Home MarketSilicon Valley features a number of upscale communities that enjoy beautiful estate properties. These luxury homes are not simply large houses, but rather they boast qualities generally not seen in regular residential real estate.

What makes a house a “luxury home”?

A luxury property in Santa Clara County often includes a number of elements that set it apart, such as:

  • price tag: these homes usually sell for more than three or five million dollars (and may be $10 or $20 million or more, though in some cases as low as $2 million – that largely depends on location)
  • close to an acre or more of land
  • house larger than 4000 or 5000 sf
  • the inclusion of “out buildings” such as a guest cottage, gatehouse, etc.
  • views (valley, hill, acreage) or special features of the land (waterfront, riverfront adjacent), a vineyard, or something else special and uniquely beautiful
  • amenities such as a pool, tennis court, racquetball court, gym, sports court or facilities for enjoying other sports & exercise on site
  • specialized hobby or relaxation rooms, as in a darkroom, library, workshop, conservatory, wine cellar & tasting room
  • entertainment centers not commonly found in private homes, like a ballroom, dedicated home theater room for movie viewing, bowling alley, shooting range, or place to practice a golf swing; pool or billiards and “game room”, and ice cream parlor
  • safety tools such as a video surveillance system, electronic gates
  • neighborhood: it is very hard for an expensive house to be viewed as a luxury home if the surrounding properties are not also high end homes

The (main) house itself is qualitatively different too.

Kitchens tend to be the most important room for San Jose area home buyers of all price ranges, and this includes homes that cost upwards of ten million dollars. Usually, kitchens in these homes are designed with a very clear purpose in mind and are done beautifully, though recently in Los Gatos I saw a home listed for about ten million with a kitchen that needs to be completely remodeled. This is very unusual, though.

Most luxury homes features kitchens of one extreme or the other. On the one hand, it may be more industrial in nature if those cooking in it are primarily professional chefs, domestic employees or catering services rather than the homeowner. This is not the kitchen of glossy magazines, it’s not meant to impress anyone for all the maple cabinets, stainless steel appliances and granite countertops. This sort of kitchen is functional, not gorgeous, and it may have stainless steel countertops, for instance, alongside the giant gas range. Such a kitchen is usually separate from the living areas and the guests are not expected to visit this part of the home.

Far more commonly found in Silicon Valley is the other end of the spectrum, the kitchen where residents spend most of their time, and it’s meant to impress. Here we see high end materials and appliances in a room viewed as much as art as the meals created in it are. This type of kitchen is often the focal point of today’s upscale or luxury home. The home’s floorplan is “open” to the kitchen – often the kitchen and family room blend together as part of a Great Room. This is a kitchen designed for owners who cook, not those who have servants.
Continue reading

Today let’s look at the Santa Clara County real estate market, the days on market (DOM) and the sale price to list price ratio for houses and duet homes (single family homes). This will primarily be graphs that I created using MLSListings.com (our local MLS, to which I am a paying member).  We’ll consider the county as a whole and various cities or towns within it, plus areas of San Jose, as it has about a million residents.

First: Santa Clara County homes over the last year.  Please note the decreasing days on market, the increasing sale price to list price ratio in recent months.  This is exactly what an appreciating market looks like!

Santa Clara County average days on market and sale price to list price ratio

Santa Clara County average days on market and sale price to list price ratio

Next, let’s have a peek at how some of the hottest markets in Silicon Valley look, starting with Sunnyvale. It is odd to see any kind of a blip on the sale price to list price ratio.  Are buyers giving some push-back?  We keep hearing stories of homes selling 30% or more over list price with gobs of offers.  So the SP – LP ratio change is a surprise.

Sunnyvale average days on market and sale price to list price ratio Sunnyvale

Sunnyvale average days on market and sale price to list price ratio Sunnyvale

Palo Alto is always the hottest ticket in town. Continue reading

It’s a sizzling hot seller’s market in Silicon Valley, meaning the San Jose area, Santa Clara County and San Mateo County generally have critically low housing inventory and extremly strong buyer demand.  But it’s not equally hot in every city, area, school district or price point.  Some home buyers may be interested in more than one area.  For instance, often I have clients looking at both Almaden and Cupertino, or Cambrian (San Jose) and Campbell, or Los Gatos and Monte Sereno…. So if you are looking for a less crazed area in which to buy, it might be useful to compare the months of inventory* to see where it might be more possible to buy a home, especially if you’ve been beat out on multiple offers a few times.

Today we’ll just consider where these houses are located, but know that it is also possible to run the data by school district, pricing tier, sale type (regular vs short sale vs bank owned) whether or not there’s a pool or garage, etc.  I pulled the info from MLSListings.com and then ranked them from hottest to coolest.  (Not all areas are represented.)

Months of Inventory in Several Areas Comparing Silicon Valley

What can we learn from this information?  The first question might be “why are some areas selling so much faster than others?”  Although sometimes we can say that only inexpensive, moderate or expensive areas are moving fast, that doesn’t seem to be the case here.  Palo Alto is one of the priciest points nearby, and yet it has less than 3 weeks of inventory.    At other times we say “it’s all about the schools” but Santa Clara, which aside for a sliver served by Cupertino schools, is the #1 hottest segment of the market – and it is not highly prized for academics. (Same with Blossom Valley.)  Cupertino is usually at the top of the pile for desirability, but it’s behind several other communities.  What I’m seeing from this one angle is that there aren’t any easy answers, much as I’d like to present some clear cut trend with a big Ah Ha.

Although the underlying “why” may remain a mystery for right now, it’s still helpful for home buyers who are looking for relief.  Been beat out 5 or 10 times?  Your odds will be improved in the areas listed at the bottom of the sheet: Monte Sereno, Los Gatos, Saratoga, Almaden Valley are all just a bit easier places in which to buy.  They are all great communities with strong schools.  This kind of info could help you to move from frustrated shopper to happy home owner. Continue reading

Translation

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Mary Pope-Handy
Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
License# 01153805


Selling homes in
Silicon Valley:
Santa Clara County,
San Mateo County, and
Santa Cruz County.
:
Special focus on:
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Saratoga, Campbell,
Almaden Valley,
Cambrian Park.
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The 2009 Sellsius list of top 12 women real estate bloggers
2009: Sellsius list of top
12 women real estate bloggers


Mary Pope-Handy's Live in Los Gatos blog won the 2007 Project Blogger contest, sponsored by Inman News and Active Rain

2007: Mary Pope-Handy and Frances Flynn Thorsen win the Project Blogger Contest for Mary's Live in Los Gatos blog. The contest was sponsored by
Active Rain and Inman News.


Non blog award


Best real estate agent in Silicon Valley from the San Jose Mercury News poll of readers in 2011
"Best real estate agent
in Silicon Valley"

2011 readers' poll,
San Jose Mercury News

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