Santa Clara County Real Estate Statistics from David Bergman
Active Listings in Santa Clara County is 1807 as of 2/1/10. 563 homes closed in Last 30 Days. The average days on market for Santa Clara County for single family homes is 47 days.
Incredible Estate in Los Altos Hills – Not on the MLS
New Price – $18,950,000 Not on the multiple listing service – Vinedo Lane is an incredible private gated estate featuring amenities like no other home in the Bay Area. Its location, only 21 miles south of San Francisco, in prestigious Los Altos Hills, at the center of Silicon Valley is centrally located to the Bay Area. With approximately 12,143 square feet of living space plus an additional 1000 square foot guesthouse, the main house includes six bedrooms each with its own bath, plus an additional full and two half baths. The garages will accommodate from six to 10 cars and one garage includes a 2-post lift. The estate includes over 4 acres of resort style living including a gated entry, competition size tennis court, infinity edge pool, putting green with sand trap, outdoor barbecue area and much more. The working Vineyards produce a delectable Cabernet Sauvignon with the estates own label.
Visit www.VinedoLane.com for details and more information.
David Bergman
650-948-1100
DRE 01223189
Palo Alto and Mountain View Real Estate Update
Palo Alto active single family homes on the Multiple Listing Service is at 68. Average days on market for Palo Alto is 48 days. 33 homes have closed in Palo Alto in the last 30 days.
Mountain View has 44 active homes on the Multiple Listing Service. Days on market averages 32 days with 25 homes closed in the last 30 days.
Inventory is expected to remain the same or drop due to the holidays – until next year.
Los Altos and Los Altos Hills Real Estate Update
There are currently 47 homes for sale in Los Altos on the Multiple Listing Service. The average days on market for Los Altos homes is 51 days. 25 homes have closed escrow in the last 30 days – so there are about 2 months of homes available. Inventory will likely remain stable or drop until after the new year.
Los Altos Hills has a total of 42 homes on the market. The average days on market for the Hills is 57. Closed in the last 30 days in the Hills – a total of 8 homes. Inventory will likely remain low into the new year.
Santa Clara County Housing Statistics
Inventory is dropping in Santa Clara County – and that common for this time of year. As of today there are 1880 active single family homes on the Multiple Listing Service in Santa Clara County. 846 homes have closed escrow in the last 30 days. In Santa Clara County the average days on market for those closed transactions is 51 days.
Property taxes are due
Property Taxes are late if not postmarked by December 10th. For Santa Clara County you can use the following link to verify they have been paid and that payment has been received at http://payments.scctax.org/payment/jsp/currentSecured.jsp
You can also pay them online – but there is a high processing fee for that convenience.
Listing in Greenmeadow – Palo Alto – Tioga Court
Wonderful Bright 4 bedroom 2 bath Eichler home located in the highly desired Greenmeadow Community in South Palo Alto on quiet cul-de-sac. Bonus room or office. Bright and spacious floor plan. Recently Remodeled kitchen with Silestone counter tops and stainless appliances. Separate family room. Excellent Palo Alto Schools. Many updates and upgrades. Lots of fruit trees, pond and greenhouse. 3 minute walk to Greenmeadow Community Association private park and swim club. More information at www.TiogaCourt.com Listed at $1,389,000.
Is your home prepared for the next earthquake?
A client is in the process of buying a home and wants to prepare for an earthquake. There are great resources on the internet to help you prepare for the next earthquake. One such resource is the Association of Bay Area Governments (ABAG). It has the ABAG Home Quake Safety Toolkit - a guide which helps you prepare. It provides steps from identifying weaknesses in the building you live and ways to have it reinforced to making an evacuation plan for your family and friends. Visit the site today so you can become more prepared.
http://www.abag.ca.gov/bayarea/eqmaps/fixit/fixit.html
$8,000 first time homebuyer credit may be extended and expanded
WASHINGTON (Reuters) – Top Democrats in the Senate have reached an agreement to extend the soon-to-expire $8,000 tax credit for first-time homebuyers, Senate Banking Committee Chairman Christopher Dodd said on Tuesday. “We have that. Done,” Dodd told reporters. He declined to specify the details of the agreement. But a Republican who has worked with Dodd cautioned that they were still negotiating on the measure, which could come up for a vote on Tuesday evening as part of a package that would extend unemployment benefits. “We’re close, we’re close but I can’t get into any details until it’s a done deal,” said Republican Senator Johnny Isakson.
The popular tax credit, which has helped lift the housing market out of its worst slump since the Great Depression, is set to expire on November 30. Dodd and Isakson want to extend the credit through June of next year and broaden it to anyone buying a primary residence, not just first-time buyers.
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