silicon valley real estate market trend report jan2009 - dec2011

MARKET ACTION REPORT

December 2011

MLS Area: Los Altos Hills #221,Palo Alto Hills #230

SUSANNE BOHL, REALTOR650.917.4231408.685.7737realtor@agentbohl.comAgentBohl.com

Price Range: ALL | Properties: Single Family Home

Based on information from MLSListings, Inc. for the period 1/1/2009 through 12/31/2011. Due to MLS reporting methods and allowable reporting policy, this data isonly informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintainedby the MLS's may not reflect all real estate activity in the market.

Trending Versus*: Trending Versus*:Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear

Median List Price of all Current Listings $3,395,000 Average List Price of all Current Listings $4,993,625 December Median Sales Price $2,175,000 $2,323,844December Average Sales Price $2,447,222 $2,714,845Total Properties Currently for Sale (Inventory) 32 December Number of Properties Sold 9 106December Average Days on Market (Solds) 97 66Asking Price per Square Foot (based on New Listings) $851 $828December Sold Price per Square Foot $628 $743December Month's Supply of Inventory 3.6 6.9December Sale Price vs List Price Ratio 92.5% 94.6%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales December Property sales were 9, down -10.0% from 10 in December of 2010 and 80.0% higher than the 5 sales last month. December 2011sales were at a mid level compared to December of 2010 and 2009. December YTD sales of 106 are running 19.1% ahead of last year's year-to-date sales of 89.

Prices The Median Sales Price in December was $2,175,000, down -7.6% from $2,355,000 in December of 2010 and down -2.7% from $2,235,000last month. The Average Sales Price in December was $2,447,222, up 4.5% from $2,340,900 in December of 2010 and up 7.4% from$2,279,000 last month. December 2011 ASP was at a mid range compared to December of 2010 and 2009.


December 2011





Inventory & MSI The Total Inventory of Properties available for sale as of December was 32, down -23.8% from 42 last month and down -20.0% from 40 inDecember of last year. December 2011 Inventory was at the lowest level compared to December of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2011 MSI of 3.6 months wasat its lowest level compared with December of 2010 and 2009.

Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOMtends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM forDecember was 97, up 110.9% from 46 days last month and up 18.3% from 82 days in December of last year. The December 2011 DOM was atits highest level compared with December of 2010 and 2009.

Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales pricecan be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on thedirection of Property values. The December 2011 Selling Price per Square Foot of $628 was down -13.4% from $725 last month and down -0.2% from $629 in December of last year.


December 2011





Selling Price vs Original Listing Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. TheDecember 2011 Selling Price vs Original List Price of 92.5% was down from 92.6% last month and down from 95.0% in December of lastyear.

Inventory / New Listings / Sales 'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basicannual seasonality of the market as well as the relationship between these items. The number of New Listings in December 2011 was 3, equalto 3 last month and up 200.0% from 1 in December of last year.


December 2011MLS Area: Country Club #212,Highlands #213, North Los Altos #211,South Of El Monte #214







Property Sales December Property sales were 27, up 3.8% from 26 in December of 2010 and -3.6% lower than the 28 sales last month. December 2011 saleswere at their highest level compared to December of 2010 and 2009. December YTD sales of 307 are running -8.1% behind last year's year-to-date sales of 334.

Prices The Median Sales Price in December was $1,800,000, up 16.5% from $1,545,000 in December of 2010 and up 8.1% from $1,665,000 lastmonth. The Average Sales Price in December was $1,911,078, up 17.3% from $1,629,094 in December of 2010 and down -0.6% from$1,921,827 last month. December 2011 ASP was at highest level compared to December of 2010 and 2009.







Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOMtends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM forDecember was 44, down -15.4% from 52 days last month and down -32.3% from 65 days in December of last year. The December 2011 DOMwas at its lowest level compared with December of 2010 and 2009.







Selling Price vs Original Listing Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. TheDecember 2011 Selling Price vs Original List Price of 98.2% was up from 97.4% last month and up from 96.6% in December of last year.

Inventory / New Listings / Sales 'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basicannual seasonality of the market as well as the relationship between these items. The number of New Listings in December 2011 was 8, down -65.2% from 23 last month and down -20.0% from 10 in December of last year.


December 2011

City: Palo AltoSUSANNE BOHL, REALTOR650.917.4231408.685.7737realtor@agentbohl.comAgentBohl.com




Median List Price of all Current Listings $2,288,000 Average List Price of all Current Listings $2,967,579 December Median Sales Price $1,480,000 $1,459,500December Average Sales Price $1,936,253 $1,759,404Total Properties Currently for Sale (Inventory) 19 December Number of Properties Sold 19 450December Average Days on Market (Solds) 30 28Asking Price per Square Foot (based on New Listings) $1,048 $826December Sold Price per Square Foot $852 $853December Month's Supply of Inventory 1.0 1.5December Sale Price vs List Price Ratio 102.7% 102.4%


Property Sales December Property sales were 19, down -47.2% from 36 in December of 2010 and -51.3% lower than the 39 sales last month. December 2011sales were at their lowest level compared to December of 2010 and 2009. December YTD sales of 450 are running 0.4% ahead of last year'syear-to-date sales of 448.

Prices The Median Sales Price in December was $1,480,000, up 9.0% from $1,357,500 in December of 2010 and up 6.5% from $1,390,000 lastmonth. The Average Sales Price in December was $1,936,253, up 34.1% from $1,444,320 in December of 2010 and up 10.1% from$1,758,596 last month. December 2011 ASP was at highest level compared to December of 2010 and 2009.


December 2011





Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOMtends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM forDecember was 30, down -3.2% from 31 days last month and down -23.1% from 39 days in December of last year. The December 2011 DOMwas at its lowest level compared with December of 2010 and 2009.

Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales pricecan be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on thedirection of Property values. The December 2011 Selling Price per Square Foot of $852 was down -1.3% from $863 last month and up 10.4%from $772 in December of last year.


December 2011




Selling Price vs Original Listing Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. TheDecember 2011 Selling Price vs Original List Price of 102.7% was down from 104.7% last month and up from 101.4% in December of lastyear.

Inventory / New Listings / Sales 'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basicannual seasonality of the market as well as the relationship between these items. The number of New Listings in December 2011 was 8, down -72.4% from 29 last month and down -20.0% from 10 in December of last year.


December 2011

City: Monte Sereno, SaratogaSUSANNE BOHL, REALTOR650.917.4231408.685.7737realtor@agentbohl.comAgentBohl.com






Property Sales December Property sales were 25, up 127.3% from 11 in December of 2010 and 56.3% higher than the 16 sales last month. December 2011sales were at their highest level compared to December of 2010 and 2009. December YTD sales of 300 are running -7.7% behind last year'syear-to-date sales of 325.

Prices The Median Sales Price in December was $1,600,000, up 14.3% from $1,400,000 in December of 2010 and down -1.9% from $1,630,500 lastmonth. The Average Sales Price in December was $1,660,386, up 28.5% from $1,292,265 in December of 2010 and down -7.9% from$1,803,188 last month. December 2011 ASP was at highest level compared to December of 2010 and 2009.


December 2011





Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOMtends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM forDecember was 112, up 202.7% from 37 days last month and up 646.7% from 15 days in December of last year. The December 2011 DOMwas at its highest level compared with December of 2010 and 2009.



December 2011




Selling Price vs Original Listing Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. TheDecember 2011 Selling Price vs Original List Price of 96.1% was up from 95.9% last month and down from 99.0% in December of last year.

Inventory / New Listings / Sales 'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basicannual seasonality of the market as well as the relationship between these items. The number of New Listings in December 2011 was 16, down-48.4% from 31 last month and down -20.0% from 20 in December of last year.


December 2011

County: Santa ClaraSUSANNE BOHL, REALTOR650.917.4231408.685.7737realtor@agentbohl.comAgentBohl.com




Median List Price of all Current Listings $620,000 Average List Price of all Current Listings $1,036,285 December Median Sales Price $535,500 $570,000December Average Sales Price $727,058 $747,055Total Properties Currently for Sale (Inventory) 1,521 December Number of Properties Sold 844 11,064December Average Days on Market (Solds) 63 57Asking Price per Square Foot (based on New Listings) $359 $403December Sold Price per Square Foot $375 $393December Month's Supply of Inventory 1.8 3.4December Sale Price vs List Price Ratio 98.8% 98.6%


Property Sales December Property sales were 844, down -14.3% from 985 in December of 2010 and 1.4% higher than the 832 sales last month. December2011 sales were at their lowest level compared to December of 2010 and 2009. December YTD sales of 11,064 are running -2.6% behind lastyear's year-to-date sales of 11,360.

Prices The Median Sales Price in December was $535,500, down -2.6% from $550,000 in December of 2010 and down -4.4% from $560,000 lastmonth. The Average Sales Price in December was $727,058, up 6.5% from $682,655 in December of 2010 and down -3.1% from $750,437last month. December 2011 ASP was at highest level compared to December of 2010 and 2009.


December 2011




Inventory & MSI The Total Inventory of Properties available for sale as of December was 1,521, down -30.4% from 2,186 last month and down -53.5% from3,272 in December of last year. December 2011 Inventory was at the lowest level compared to December of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2011 MSI of 1.8 months wasat its lowest level compared with December of 2010 and 2009.

Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOMtends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM forDecember was 63, up 5.0% from 60 days last month and down -1.6% from 64 days in December of last year. The December 2011 DOM was ata mid range compared with December of 2010 and 2009.



December 2011




Selling Price vs Original Listing Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. TheDecember 2011 Selling Price vs Original List Price of 98.8% was down from 98.9% last month and up from 98.6% in December of last year.

Inventory / New Listings / Sales 'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basicannual seasonality of the market as well as the relationship between these items. The number of New Listings in December 2011 was 627,down -31.7% from 918 last month and down -24.5% from 831 in December of last year.


December 2011


Price Range: ALL | Properties: Townhome, Condo



Median List Price of all Current Listings $350,000 Average List Price of all Current Listings $389,255 December Median Sales Price $300,000 $300,000December Average Sales Price $347,094 $356,567Total Properties Currently for Sale (Inventory) 588 December Number of Properties Sold 355 4,356December Average Days on Market (Solds) 67 64Asking Price per Square Foot (based on New Listings) $265 $292December Sold Price per Square Foot $278 $284December Month's Supply of Inventory 1.7 3.5December Sale Price vs List Price Ratio 99.4% 98.8%


Property Sales December Property sales were 355, down -1.4% from 360 in December of 2010 and 4.4% higher than the 340 sales last month. December2011 sales were at their lowest level compared to December of 2010 and 2009. December YTD sales of 4,356 are running 10.1% ahead of lastyear's year-to-date sales of 3,957.

Prices The Median Sales Price in December was $300,000, down -10.4% from $335,000 in December of 2010 and up 5.7% from $283,750 last month.The Average Sales Price in December was $347,094, down -5.7% from $367,979 in December of 2010 and up 2.4% from $339,060 last month.December 2011 ASP was at the lowest level compared to December of 2010 and 2009.


December 2011




Inventory & MSI The Total Inventory of Properties available for sale as of December was 588, down -30.0% from 840 last month and down -61.7% from 1,534in December of last year. December 2011 Inventory was at the lowest level compared to December of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2011 MSI of 1.7 months wasat its lowest level compared with December of 2010 and 2009.

Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOMtends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM forDecember was 67, up 17.5% from 57 days last month and down -5.6% from 71 days in December of last year. The December 2011 DOM wasat a mid range compared with December of 2010 and 2009.



December 2011




Selling Price vs Original Listing Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. TheDecember 2011 Selling Price vs Original List Price of 99.4% was down from 100.0% last month and up from 98.0% in December of last year.

Inventory / New Listings / Sales 'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basicannual seasonality of the market as well as the relationship between these items. The number of New Listings in December 2011 was 283,down -23.9% from 372 last month and down -11.8% from 321 in December of last year.

silicon valley real estate market trend report jan2009 - dec2011

Documents

average sales price

median sales price

ytd sales

average list price

dateproperty sales

sale price vs list price

inventory msi

average days