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.
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
Statistics for Santa Clara County 10 27 09
Santa Clara County Single family home multiple listing statistics:
Active 2175
Pending 2931
Closed in Last 30 Days 922
Average days on market is 53
Homes are selling in Santa Clara County
Available homes for sale in Santa Clara County are down to 2913. Closed in the last 30 days is 1147! Properties are selling.
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