This past weekend at a Father’s Day party, we met a couple relocating to the area who were especially interested in living in the area. They asked what sets us apart from other agents – and it gave us a chance to tell our story, which we’d like to share with you as well.

The primary reason sellers and buyers choose to work with us is our local expertise. Today, information is easy to access – but real value comes from knowing how to interpret it and, more importantly, how to factor in what isn’t publicly available. We know every sale that has happened in Woodside, including many off-market transactions. Because of this, we understand far more than the features of a home – we understand the nuances of each neighborhood and often the history of a property. That kind of insight makes all the difference.

If a move might be in your future, we’d welcome the chance to connect and share what’s really happening behind the scenes in Woodside real estate. In the meantime, happy official summer this weekend!

Turning to recent market activity, check out the happenings last month in our local markets

Portola Valley

There were 4 closed escrows last month in Portola Valley, with the 3 highest all selling over list price. Median price is up, even as the number of sales is down. Inventory has grown, with 27 homes currently on the market and another 4 being privately marketed. Prices range from $1.695 million to $85 million, though only 6 of the homes have been on the market for less than 30 days.

Woodside

There were 11 closed escrows last month in Woodside, with 3 of the 6 most expensive ones selling over list price. Median price is up, and so are the number of sales. Inventory has grown, with 46 homes currently on the market and another 4 being privately marketed. Prices range from $750,000 to $125 million, though only 10 of the homes have been on the market for less than 30 days.

Atherton

There were 7 closed escrows last month in Atherton, with 3 selling over list price. Median price is up year over year, even though the number of sales is down. Inventory is still low, with 19 homes currently on the market and another 5 being privately marketed. Prices range from $3.3 million to $55 million. 13 of the homes have been on the market for less than 30 days.

Menlo Park

There were 27 closed escrows last month in Menlo Park, with 17 selling over list price. Median price is up, even though the number of sales is down. Inventory has grown, with 43 single-family homes currently on the market and another 5 being privately marketed. Prices range from $1.149 million to $10.495 million. 33 of the homes have been on the market for less than 30 days.

Palo Alto

There were 44 closed escrows last month in Palo Alto, with 28 selling over list price. Median price is up, even though the number of sales is down. Inventory has grown, with 56 single-family homes currently on the market and another 9 being privately marketed. Prices range from $1.745 million to $27.250 million. 27 of the homes have been on the market for less than 30 days.

Los Altos & Los Altos Hills

There were 29 closed escrows last month in Los Altos and 8 in Los Altos Hills. All but 8 sold over list price. Median price is up in both towns. Inventory is low in Los Altos with 19 single-family homes currently on the market and another 7 being privately marketed. Only 8 have been on the market for more than 30 days. In Los Altos Hills, there are currently 27 homes for sale and another 8 being privately marketed. Only 11 of the homes have been on the market for less than 30 days.