Carol Carnevale • DRE# 00946687 • 650.465.5958
Nicole Aron • DRE# 00952657 • 650.740.7954
The local real estate market continues to defy national trends, and this is very apparent when considering the statistics for 2011 year-to-date.
The graphs below reflect quarterly sales activity reported to the Multiple Listing Service (MLS) in Atherton, Portola Valley and Woodside.
In Atherton based on Multiple Listing Service activity, the number of sales and the average sales price are holding steady year to year.
For the first 3 quarters Portola Valley experienced a 30% increase in the number of sales from 43 in 2010 to 56 year-to-date. The average sales price also increased year to year. The 3rd quarter, however, has seen fewer sales and a decrease in the average sales price.
Woodside has seen a significant increase in the number of sales while the average sales price has remained just around $2 million.
Overall the local real estate market remains healthy!