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.
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