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Archive for the ‘Luxury Estate’ Category

Good morning  – it is Tuesday morning (May 17th).  There are 56 homes for sale in Los Altos Hills on the multiple listing service.  Prices range from $1.3 million to just over $20 million dollars.  There are 12 properties currently pending (under contract).  9 properties have closed escrow in the last 30 days.  Sale prices ranged [...]

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By 2020 43% of the world’s wealth among millionaire households will be in the US – California will likely have the highest numbers.

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China will continue to be the driving force in rate of growth of the wealthy followed by Brazil (emerging market) and Russia (emerging market).  The US and Europe will continue to be the centers of wealth in the next decade.

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The next decade is going to show a marked increase in total wealth of millionaire households- it will grow from $92 trillion this year to $202 trillion in 2020.

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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 [...]

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There are 67 homes for sale in Los Altos Hills; California on the multiple listing service (includes a large lot available for sale). Prices range from $19,500,000 to $1,150,000. Average days on market are 124 with a range of 4 to 380 days on market. the average list price per square foot is $854 of [...]

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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.  [...]

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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 [...]

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