As noted in yesterday’s blog http://bergmanreport.com/ closed sales numbers from July 2010 are very strong – median price is about equal to July 2009 but down from July 2008 by 28%. This is evident to me in my real estate practice. The largest correction in terms of closed sales shows March 2009 as “the bottom”. There are many factors in the successful sale of a home in the current market – the most important being the agent hired to market the home. The information depicted is based on Los Altos and Los Altos Hills closed sales. More at www.DavidBergman.com
Archive for August, 2010
How is the Local real estate market doing? The news is filled with contrary news to what the actual sales chart below shows. July 2008 vs July 2010 closed sales are up 81%. July sales were the highest number of sales Los Altos and Los Altos Hills experienced in the last 2 years at 49 homes closed in July 2010. Ingredients to a successful sale include hiring the right agent, pricing the property correctly based on its condition and location and other factors.