It’s important to note that the Bay Area contains many different markets and market segments, sometimes following diverging trends in supply and demand, and home-price appreciation. Most of the materials in this report reflect overall trends for the entire region.
Right now, I’m seeing an extremely hot market for desirable properties with good schools and move in condition under the 2.5M level on the peninsula. In the last week, 2 homes for sale in the Mountain View area with Los Altos schools have received 20+ offers each.
When the data is available we’ve charted longer-term trends since they give much greater context to what the state of the market is today, and where it may be heading.
How these statistics pertain to any particular home is unknown without a specific comparative market analysis. Feel free to reach out if you want to talk about a specific region, or your own home.