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Posts Tagged ‘Bay Area Luxury Estates’

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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The statistics show that closed sales are strong in October and November  – most properties closed in those months were listed in September and October.  Even December can be a strong month for closed sales (meaning house was marketed in September October November).  January is typically a slower month – as people are focused on [...]

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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 [...]

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Click on the following link to see what may be the kitchen of the future – creates almost a multipurpose room when the kitchen is stored. http://bulthaup.com/bulthaup/internet/en/home.nsf/contentview/4EE1ABDA308BCD2BC12574E200291320

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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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39 single family homes and condos/townhomes have closed escrow in the last month in Los Altos. Sales prices range from $489 to $1052 per square foot of living space. Sale prices were from $1,015,000 to $5,995,000. Days on market average about 34 days with the escrow period averaging 29 days. 80 single family homes and [...]

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