As we move closer to summer, many homeowners and buyers are keeping a close eye on the local real estate landscape. It continues to be a mixed market depending on location, price point, and home condition. Some homes are sitting on the market and experiencing price reductions, while others are selling quickly and for more than list price, as reflected in the April sales charts below. International events and the resulting stock market fluctuations have caused some buyers and sellers to pause. However, the overall strength of the Silicon Valley economy – particularly the continued momentum in AI – is still creating significant wealth that continues to support buyer demand.

In times like these, experienced guidance is essential. Sellers and buyers alike benefit from representation grounded in decades of successfully navigating changing market conditions – exactly what The Kavanaugh Group has provided for many years.

If a move is in the future, let’s talk. The opportunity to represent you, or someone you know, and help navigate this evolving market as a seller or a buyer would be our pleasure.

Portola Valley

Currently, there are 19 homes listed for sale in Portola Valley, plus 3 additional homes being privately marketed. Notably, 14 of those homes have been on the market for more than 30 days. 

Woodside

Currently, there are 30 homes listed for sale in Woodside, plus 4 additional homes being privately marketed. Notably, 26 of those homes have been on the market for more than 30 days. 

Atherton

Currently, there are just 13 homes listed for sale in Atherton, plus 7 additional homes being privately marketed. Notably, 8 of those homes have been on the market for more than 30 days. 

Menlo Park

Currently, there are 38 single-family homes listed for sale in Menlo Park, plus 5 additional homes being privately marketed. Notably, 15 of those homes have been on the market for more than 30 days. 

Palo Alto

Currently, there are 48 single-family homes listed for sale in Palo Alto, plus 11 additional homes being privately marketed. Notably, 22 of those homes have been on the market for more than 30 days. 

Los Altos & Los Altos Hills

Currently, there are 35 single-family homes listed for sale in Los Altos, of which 17 have been on the market for more than 30 days. In Los Altos Hills, there are 17 homes for sale, 10 of which have been on the market for more than 30 days.