Michael Teymouri - September 2023 Market Report

Page 1

Copyright by KW Advisors 2023

September 2023

PaloAlto area

SantaClaraCounty

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PaloAlto

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LosAltos

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LosAltosHills

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MountainView

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Sunnyvale

Jump to Sunnyvale Report

SantaClaraCounty

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Cupertino

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LosGatos

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Campbell

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SanJose

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SanMateoCounty

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SanMateo

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Belmont

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SanCarlos

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MenloPark

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Atherton

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Woodside

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PortolaValley

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EastPaloAlto

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SantaCruzCounty

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SanFranciscoCounty

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ContraCostaCounty

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WalnutCreek

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Lafayette

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Orinda

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That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home

So, do you know what your home is worth in today's market?

Kind words from my client :

I am delighted with the results of your efforts in selling my house. I also appreciated your good nature and kindness towards the neighbors, vendors and me Cultural sensitivity is very important in any negotiation, particular for selling in a multicultural market. And I really appreciate that you are sensitive to a number of cultures.

Contact me for a confidential, no obligation assessment of your home's
value
What’syourhome reallyworthin today’smarket? 650.564.HOME MTeymouri@kw.com MTRealEstateGroup.com MT Real Estate Group MichaelTeymouri

MortgageRates:Past,Present, andPossibleFuture

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared to where they are now. Beyond that, it’s important to understand their relationship with inflation for insights into where mortgage rates might go in the near future.

Giving Context to the Sticker Shock

Freddie Mac has been tracking the 30-year fixed mortgage rate since April of 1971. Every week, they release the results of their Primary Mortgage Market Survey, which averages mortgage application data from lenders across the country (see graph below):

Looking at the right side of the graph, mortgage rates have increased significantly since the start of last year. But even with that rise, today’s rates are still below the 52-year average. While that historical perspective is good context, buyers have gotten used to mortgage rates between 3% and 5%, which is where they’ve been over the past 15 years.

That’s important because it explains why the recent jump in rates might have you feeling sticker shock even though they’re close to their long-term average. While many buyers have adjusted to the elevated rates over the past year, a slightly lower rate would be a welcome sight. To determine if that’s a realistic possibility, it’s important to look at inflation

Where Could Mortgage Rates Go in the Future?

The Federal Reserve has been working hard to lower inflation since early 2022. That’s significant because, historically, there’s been a connection between inflation and mortgage rates (see graph below):

This graph shows a pretty reliable relationship between inflation and mortgage rates. Looking at the left side of the graph, each time inflation moves significantly (shown in blue), mortgage rates follow suit shortly after (shown in green).

The circled portion of the graph points out the most recent spike in inflation, with mortgage rates following closely behind. As inflation has moderated a bit this year, mortgage rates haven’t yet made a similar move. That means, if history is any guide, the market is waiting for mortgage rates to follow inflation and head back down. It’s impossible to accurately predict where mortgage rates will go for sure, but moderating inflation means mortgage rates going down in the near future would fit a well-established trend.

Source: Keeping Current Matters

SantaC County

What's in the San County data?

There were 846 single-fam providing 1.5 months of inv were 795 new listings, and at a median price of $1.7m. overbid percentage was 10 average of 20 days on the m

398 condo and townhome sale, providing 1.6 months There were 362 new listing sold at a median sale price median overbid percentag with an average of 18 days

M Price 8 gs udes all singlerea above from ta, and may vary reliable but not 2023 Each office Market

362 New Listings

95 Sold Listings

1.6 Months of Inventory

102.3% Median Sale vs List

18 Avg Days on Market

$950K Median Sale Price
Condo
CONDO
& Townhomes

Last

Last 12 months, year-over-year

SantaClaraCounty
2022 - AUGUST 2023
Homes
AUGUST
Single-Family
& Townhomes
12 months, year-over-year. Condos
Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 1500 1000 500 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 750 500 250 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $16m last August 2022, to $17m as of August 2023

Condos & Townhomes

The median sales price has increased from $900k last August 2022, to $950k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 25 days last August 2022, to 20 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 25 days last August 2022, to 18 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 99.4% last August 2022, to 1037% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last August 2022, to 102.3% a year later.

Back to Table of Contents Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 40 30 20 10 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

PaloAlto

What's in the Palo Alto data?

There were 81 single-family homes for s providing 17 months of inventory Ther were 35 new listings and 29 homes sold median price of $3.9m. The median ove percentage was 98.5%, with an average days on the market.

There were 22 condo and townhome un for sale, providing 1.1 months of invento There were 6 new listings and 5 units so a median sale price of $1.6m. The media overbid percentage was 97.6%, with an average of 19 days on the market.

rced

$3.9M

ings of Inventory
Median Sale Price
Sale vs List
Sold Listings
.5%
29
He-Family Homes
from InfoSparks and Broker Metrics, includes all singlecondos and townhomes in the California Area above from o August 2023 This may include preliminary data, and may vary e the data was gathered All data is deemed reliable but not RE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office tly owned and operated
Days on Market
19 Avg

CONDO

Condo & Townhomes

6 New Listings

5 Sold Listings

1.1 Months of Inventory

$1.6M Median Sale Price

97.6% Median Sale vs List

19 Avg Days on Market

, y y Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 125 100 75 50 25 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 50 40 30 20 10 0
LISTINGS
LISTINGS FOR SALE SOLD

Median SalesPrice

Single-Family Homes

The median sales price has increased from $34m last August 2022, to $39m as of August 2023

Condos & Townhomes

The median sales price has remained at $1.6m since last August 2022.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 31 days last August 2022, to 19 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 34 days in August 2022, to 19 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 1008% last August 2022, to 985% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.4% last August 2022, to 97.6% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023June2023 Jul2023Aug2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 150 100 50 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

LosA

What's in data?

There were 43 s providing 07 m were 20 new lis median price o percentage wa 30 days on the

There were 14 c for sale, providi

There were 8 ne a median sale p overbid percen average of 21 da

FH ngle-Family Homes

0 Listings

.7 ths of Inventory

20 Sold Listings

$4.3M Median Sale Price

8.4% ian Sale vs List

30 Avg Days on Market

ta, sourced from InfoSparks and Broker Metrics, includes all singlehomes, condos and townhomes in the California Area above from 2022 to August 2023 This may include preliminary data, and may vary he time the data was gathered All data is deemed reliable but not teed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office pendently owned and operated

8 New Listings

0.8 Months of Inventory

109.2% Median Sale vs List

CO Condo & T
ltos AUGUST 2023 Homes year-over-year. homes year-over-year Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 80 60 40 20 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 20 15 10 5 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $38m last August 2022, to $43m as of August 2023

Condos & Townhomes

The median sales price has increased from $1.2m last August 2022, to $1.5m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 23 days last August 2022, to 30 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 25 days in August 2022, to 21 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 97.8% last August 2022, to 984% a year later

Condos & Townhomes

The overbid percentage has increased from 97.3% last August 2022, to 109.2% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023June2023 Jul2023Aug2023 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 200 150 100 50 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

LosAltosH

What's in the Los Altos data?

There were 27 single-family homes providing 4 months of inventory Th 9 new listings and 6 homes sold at price of $5.7m. The median overbid percentage was 107.4%, with an ave 20 days on the market.

There is no data for condos and tow this month.

em ry ot e

CONDO

Condo & Townhomes

No Data For This Month.

LosAltosHills

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

No Data For This Month.

Condos & Townhomes

Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 30 20 10 0
LISTINGS FOR SALE SOLD LISTINGS
Last 12 months, year-over-year 100 75 50 25 0

Median SalesPrice

The median sales price has increased from $43m last August 2022, to $57m as of August 2023

No Condos & Townhomes

AVGDays OntheMarket

No Single-Family Homes Condos & Townhomes

Overbids

No Data Single-Family Homes Condos & Townhomes

The average time spent on the market went down from 55 days last August 2022, to 20 days as of August 2023

Single-Family Homes

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 100 75 50 25 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%
Data For This Month.
Data For This Month
The overbid percentage has increased from 88.5% last August 2022, to 1074% a year later For This Month Back to Table of Contents

Moun View

What's in th View data?

There were 42 sing providing 0.5 mon were 29 new listing median price of $2 percentage was 10 days on the marke

There were 48 con for sale, providing There were 28 new at a median sale p overbid percentag average of 25 days

mes

6 Listings

2.6M an Sale Price

Days on Market

Metrics, includes all singleCalifornia Area above from liminary data, and may vary is deemed reliable but not rs Palo Alto 2023 Each office

CONDO

Condo & Townhomes

28 New Listings

30 Sold Listings

0.9 Months of Inventory

$1.3M Median Sale Price

101.6% Median Sale vs List

25 Avg Days on Market

, y y Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 50 40 30 20 10 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 100 75 50 25 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $28m last August 2022, to $26m as of August 2023

Condos & Townhomes

The median sales price has remained at $1.3m since August 2022.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 18 days last August 2022, to 11 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 28 days in August 2022, to 25 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 99.2% last August 2022, to 1063% a year later

Condos & Townhomes

The overbid percentage has increased from 97.5% last August 2022, to 101.6% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023June2023 Jul2023Aug2023 $3,000,000 $2,000,000 $1,000,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 75 50 25 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

Sunnyvale

What's in the Sunnyvale data?

There were 61 single-family homes for sale, providing 03 months of inventory There were 43 new listings, and 43 homes sold at a median price of $2.1m. The median overbid percentage was 107.4%, with an average of 15 days on the market.

There were 38 condo and townhome units for sale, providing 0.7 months of inventory. There were 25 new listings and 22 units sold at a median sale price of $1.2m. The median overbid percentage was 100.8%, with an average of 20 days on the market.

SFH Single-Family Homes

43 New Listings

43 Sold Listings

0.3 Months of Inventory

$2.1M Median Sale Price

107.4% Median Sale vs List

15 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

CONDO

Condo & Townhomes

25 New Listings

22 Sold Listings

0.7 Months of Inventory

$1.2M Median Sale Price

100.8% Median Sale vs List

20 Avg Days on Market

Sunnyvale

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 100 75 50 25 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 80 60 40 20 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $2m last August 2022, to $21m as of August 2023

Condos & Townhomes

The median sales price has increased from $1.4m last August 2022, to $1.2m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 16 days last August 2022, to 15 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 27 days in August 2022, to 20 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 97.2% last August 2022, to 1074% a year later

Condos & Townhomes

The overbid percentage has increased from 99.1% last August 2022, to 100.8% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023June2023 Jul2023Aug2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 40 30 20 10 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

SantaClara City

What's in the Santa Clara City data?

There were 63 single-family homes for sale, providing 0.7 months of inventory. There were 45 new listings and 34 homes sold at a median price of $1.9M. The median overbid percentage was 1105%, with an average of 10 days on the market.

39 condo and townhome units were for sale, providing 1.6 months of inventory. There were 28 new listings and 17 units sold at a median sale price of $915k. The median overbid percentage was 104%, with an average of 12 days on the market.

SFH Single-Family Homes

45 New Listings

34 Sold Listings

0.7 Months of Inventory

$1.9M Median Sale Price

110.5% Median Sale vs List

10 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

28 New Listings 1.6 Months of Inventory $915K Median Sale Price 104% Median Sale vs List 12 Avg Days on Market 17 Sold Listings CONDO Condo & Townhomes

SantaClaraCity

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 100 75 50 25 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 75 50 25 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $16m last August 2022, to $19m as of August 2023

Condos & Townhomes

The median sales price has increased from $895k last August 2022, to $915k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 22 days last August 2022, to 10 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 27 days in August 2022, to 12 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 98.9% last August 2022, to 1105% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last August 2022, to 104.0% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023June2023 Jul2023Aug2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 60 40 20 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

Cupertino

What's in the Cupertino data?

There were 63 single-family homes for sale, providing 09 months of inventory There were 26 new listings and 22 homes sold at a median price of $3.1m. The median overbid percentage was 110.9%, with an average of 15 days on the market.

There were 13 condo and townhome units for sale, providing 1.5 months of inventory. There were 10 new listings and 2 units sold at a median price of $1.2m. The median overbid percentage was 101.5%, with an average of 9 days on the market.

SFH Single-Family Homes

26 New Listings

22 Sold Listings

0.9 Months of Inventory

$3.1M Median Sale Price

110.9% Median Sale vs List

15 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

CONDO

Condo & Townhomes

10 New Listings

2 Sold Listings

1.5 Months of Inventory

$1.2M Median Sale Price

101.5% Median Sale vs List

9 Avg Days on Market

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Cupertino
Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 75 50 25 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 30 20 10 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $27m last August 2022, to $31m as of August 2023

Condos & Townhomes

The median sales price has decreased from $1.3m last August 2022, to $1.2m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 19 days last August 2022, to 15 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 17 days in August 2022, to 9 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 99% last August 2022, to 1109% a year later

Condos & Townhomes

The overbid percentage has increased from 100.4% last August 2022, to 101.5% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 60 40 20 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

LosGatos

What's in the Los Gatos data?

There were 127 single-family homes for sale, providing 31 months of inventory There were 62 new listings and 34 homes sold at a median price of $2.2m. The median overbid percentage was 96.7%, with an average of 23 days on the market.

There were 30 condo and townhome units for sale, providing 2.3 months of inventory. There were 18 new listings and 11 units sold at a median price of $1.5m. The median overbid percentage was 103.3%, with an average of 20 days on the market.

SFH Single-Family Homes

62 New Listings

34 Sold Listings

3.1 Months of Inventory

$2.2M Median Sale Price

96.7% Median Sale vs List

23 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

2.3

103.3%

New Listings
18
Months of Inventory
Median Sale Pr
$1.5M
Median Sale vs List 20
on Mar 1 Sold Listi CONDO Condo & Townhom
Avg Days
,
y y

Median SalesPrice

Single-Family Homes

The median sales price has increased from $21m last August 2022, to $22m as of August 2023

Condos & Townhomes

The median sales price has increased from $1.1m last August 2022, to $1.5m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 32 days last August 2022, to 23 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 51 days in August 2022, to 20 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 93.2% last August 2022, to 967% a year later

Condos & Townhomes

The overbid percentage has increased from 95.7% last August 2022, to 103.3% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 75 50 25 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

What's in the Campbell

Campbell data?

There were 46 single-family homes for sale, providing 1 month of inventory There were 25 new listings and 29 homes sold at a median price of $1.9m. The median overbid percentage was 105.3%, with an average of 12 days on the market.

There were 20 condo and townhome units for sale, providing 0.7 months of inventory. There were 9 new listings and 11 units sold at a median price of $913k. The median overbid percentage was 102%, with an average of 15 days on the market.

SFH Single-Family Homes

25 New Listings

29 Sold Listings

1 Month of Inventory

$1.9M Median Sale Price

105.3% Median Sale vs List

12 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

9 New Listings 0.7 Months of Inventory $913K Median Sale Price 102% Median Sale vs List 15 Avg Days on Market 11 Sold Listings CONDO Condo & Townhomes

Last 12 months, year-over-year.

Last 12 months, year-over-year

Campbell
- AUGUST 2023
AUGUST 2022
Single-Family Homes
Condos & Townhomes
Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 75 50 25 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 30 20 10 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $17m last August 2022, to $19m as of August 2023

Condos & Townhomes

The median sales price has increased from $905k last August 2022, to $913k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 27 days last August 2022, to 12 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 14 days in August 2022, to 15 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 100.4% last August 2022, to 1053% a year later

Condos & Townhomes

The overbid percentage has increased from 973% last August 2022, to 1020% a year later

Back to Table of Contents

Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 40 30 20 10 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

ly Homes

%

320 Sold Listings

$1.6M Median Sale Price

20 Avg Days on Market

rks and Broker Metrics, includes all singlenhomes in the California Area above from s may include preliminary data, and may vary thered All data is deemed reliable but not yright KW Advisors Palo Alto 2023 Each office rated

170 New Listings

156 Sold Listings

0.7 Months of Inventory

$855K Median Sale Price

103.2% Median Sale vs List

20 Avg Days on Market

Condo
CONDO
& Townhomes

SanJose

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 1250 1000 750 500 250 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 600 400 200 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $14m last August 2022, to $16m as of August 2023

Condos & Townhomes

The median sales price has increased from $751k last August 2022, to $855k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 29 days last August 2022, to 20 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 28 days in August 2022, to 20 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 96.3% last August 2022, to 1044% a year later

Condos & Townhomes

The overbid percentage has increased from 97.5% last August 2022, to 103.2% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023June2023 Jul2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 50 40 30 20 10 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

SanMateo County

What's in the San Mateo County data?

There were 513 single-family homes for s providing 2 months of inventory. There w 376 new listings, and 143 homes sold at a median price of $1.6m. The median overb percentage was 1012%, with an average 27 days on the market.

There were 206 condo and townhome u for sale, providing 2.4 months of invento There were 121 new listings and 44 units at a median sale price of $995k. The med overbid percentage was 100%, with an average of 35 days on the market.

Hle-Family Homes

6 stings of Inventory

143 Sold Listings

$1.6M Median Sale Price

1.2% Sale vs List

27 Avg Days on Market

ourced from InfoSparks and Broker Metrics, includes all singlees, condos and townhomes in the California Area above from 2 to August 2023 This may include preliminary data, and may vary me the data was gathered All data is deemed reliable but not DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office ently owned and operated

121 New Listings 2.4 Months of Inventory $995K Median Sale Price 100% Median Sale vs List 35 Avg Days on Market 44 Sold Listings CONDO Condo & Townhomes

SanMateo

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 750 500 250 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 300 200 100 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $18m last August 2022, to $16m as of August 2023

Condos & Townhomes

The median sales price has increased from $900k last August 2022, to $995k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 25 days last August 2022, to 27 days as of August 2023

Condos & Townhomes

The average time spent on the market has remained at 35 days since August 2022

Overbids

Single-Family Homes

The overbid percentage has increased from 100% last August 2022, to 1012% a year later

Condos & Townhomes

The overbid percentage has remained at 100% since last August 2022.

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 60 40 20 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%
Back to Table of Contents

SanMa

What's in the San data?

There were 54 single-famil providing 11 months of inv were 53 new listings, and 4 median price of $1.8m. The percentage was 105%, with days on the market.

There were 52 condo and t for sale, providing 1.5 mont There were 28 new listings at a median price of $951k. overbid percentage was 99 average of 74 days on the m

47 Sold Listings

$1.8M Median Sale Price

17 Avg Days on Market

Inc, includes all single-family homes, ornia Area above from August 2022 to nary data, and may vary from the time med reliable but not guaranteed DRE# Alto 2023 Each office is independently

Homes

Condo &

28 New Listings

1.5 Months of Inventory

99.1% Median Sale vs List

C
2023 er-year. , y er-year 23 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 23 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023
FOR SALE SOLD LISTINGS
eo
LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $19m last August 2022, to $18m as of August 2023

Condos & Townhomes

The median sales price has increased from $765k last August 2022, to $951k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 18 days last August 2022, to 17 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 56 days in August 2022, to 71 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 100% last August 2022, to 105% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.4% last August 2022, to 99.1% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 75 50 25 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

Belmont

What's in the Belmont data?

There were 7 single-family homes for sale, providing 06 months of inventory There were 11 new listings and 11 homes sold at a median price of $2.1m. The median overbid percentage was 109.2%, with an average of 18 days on the market.

There were 3 condo and townhome units for sale, providing 1.5 months of inventory. There were 4 new listings and 2 units sold at a median price of $1.2m. The median overbid percentage was 107.6%, with an average of 28 days on the market.

Homes

11 Sold Listings

$2.1M Median Sale Price

18 Avg Days on Market

nc, includes all single-family homes, ia Area above from August 2022 to ry data, and may vary from the time ed reliable but not guaranteed DRE# to 2023 Each office is independently

CONDO

Condo & Townhomes

4 New Listings

2 Sold Listings

1.5 Months of Inventory

$1.2M Median Sale Price

107.6% Median Sale vs List

28 Avg Days on Market

LISTINGS FOR SALE SOLD LISTINGS

, y y

Median SalesPrice

Single-Family Homes

The median sales price has increased from $2150m last August 2022, to $2180m as of August 2023

Condos & Townhomes

The median sales price has increased from $564k last August 2022, to $1.2m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 20 days last August 2022, to 18 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 25 days in August 2022, to 28 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 99.9% last August 2022, to 1092% a year later

Condos & Townhomes

The overbid percentage has increased from 98.9% last August 2022, to 107.6% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 75 50 25 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

SanCarlos

What's in the San Carlos data?

There were 33 single-family homes for sale, providing 19 months of inventory There were 41 new listings and 17 homes sold at a median price of $2.4m. The median overbid percentage was 104.7%, with an average of 26 days on the market.

There were 13 condo and townhome units for sale, providing 1.4 months of inventory. There were 11 new listings and 9 units sold at a median price of $1.2m. The median overbid percentage was 100.5%, with an average of 33 days on the market.

SFH Single-Family Homes

41 New Listings

17 Sold Listings

1.9 Months of Inventory

$2.4M Median Sale Price

104.7% Median Sale vs List

26 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

CONDO

Condo & Townhomes

11 New Listings

9 Sold Listings

1.4 Months of Inventory

$1.2M Median Sale Price

100.5% Median Sale vs List

33 Avg Days on Market

SanCarlos

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 40 30 20 10 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 25 20 15 10 5 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $21m last August 2022, to $24m as of August 2023

Condos & Townhomes

The median sales price has increased from $940k last August 2022, to $1.2m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 23 days last August 2022, to 26 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 17 days in August 2022, to 33 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 102% last August 2022, to 1047% a year later

Condos & Townhomes

The overbid percentage has increased from 98.3% last August 2022, to 100.5% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 60 40 20 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

Wha

data

There provid were 3 media percen days o There for sal

There at a m overbi

averag

SFH Single-Family Homes

36 New Listings

24 Sold Listings

2.1 Months of Inventory

$2.8M Median Sale Price

97.3% Median Sale vs List

26 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

10 New Listings 3 Months of Inventory $950K Median Sale Price 91% Median Sale vs List 12 Avg Days on Market 6 Sold Listings CONDO Condo & Townhomes
Park GUST 2023 mes ar-over-year. mes , y ar-over-year Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 80 60 40 20 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 25 20 15 10 5 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $27m last August 2022, to $28m as of August 2023

Condos & Townhomes

The median sales price has increased from $920k last August 2022, to $950k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last August 2022, to 26 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 22 days in August 2022, to 12 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 95.8% last August 2022, to 973% a year later

Condos & Townhomes

The overbid percentage has decreased from 96.2% last August 2022, to 91% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023June2023 Jul2023Aug2023 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 200 150 100 50 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

Atherton

What's in the Atherton data?

There were 31 single-family homes for sale, providing 15 months of inventory There were 6 new listings and 12 homes sold at a median price of $8.2m. The median overbid percentage was 89.1%, with an average of 88 days on the market.

There were 0 condo and townhome units for sale, providing 0 months of inventory. There were 0 new listings, and 1 unit sold at a median sale price of $1.5m. The median overbid percentage was 0%, with an average of 0 days on the market.

SFH Single-Family Homes

6 New Listings

6 Sold Listings

1.5 Months of Inventory

$8.2M Median Sale Price

89.1% Median Sale vs List

88 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

0 New Listings 0 Months of Inventory $1.5M Median Sale Price 0% Median Sale vs List 0 Avg Days on Market 1 Sold Listing CONDO Condo & Townhomes
herton
2023 amily Homes onths, year-over-year. & Townhomes onths, year-over-year Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 50 40 30 20 10 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 1 075 05 025 0 LISTINGS FOR SALE SOLD LISTINGS
2022 - AUGUST

Median SalesPrice

Single-Family Homes

The median sales price has increased from $7m last August 2022, to $82m as of August 2023

Condos & Townhomes

The median sales price has increased from $0 last August 2022, to $1.5m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 59 days last August 2022, to 88 days as of August 2023

Condos & Townhomes

The average time spent on the market has remained at 0 days since August 2022

Overbids

Single-Family Homes

The overbid percentage has decreased from 91.3% last August 2022, to 891% a year later

Condos & Townhomes

The overbid percentage has increased from 0% last August 2022, to 100.1% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023June2023 Jul2023Aug2023 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 125 100 75 50 25 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

Woodside

What's in the Woodside data?

There were 41 single-family homes for sale, providing 3 months of inventory There were 12 new listings and 5 homes sold at a median price of $12.5m. The median overbid percentage was 93.4%, with an average of 64 days on the market.

There is no data for condos and townhomes this month.

SFH Single-Family Homes

12 New Listings

5 Sold Listings

3 Months of Inventory

$12.5M Median Sale Price

93.4% Median Sale vs List

64 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

, y y 2023 Jul2023 Aug2023 GS

Median SalesPrice

The median sales price has increased from $51m last August 2022, to $125m as of August 2023

No Condos & Townhomes

Overbids

Back to Single-Family Homes

AVGDays OntheMarket

No Data For This Single-Family Homes Condos & Townhomes

The average time spent on the market went up from 63 days last August 2022, to 64 days as of August 2023

Data For This Single-Family Homes Condos & Townhomes

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125 100 75 50 25 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 100% 75% 50% 25% 0%
Month. No Data For This Month
Month
The overbid percentage has increased from 90.9% last August 2022, to 934% a year later Table of Contents

PortolaValley

What's in the Portola Valley data?

There were 13 single-family homes for sale, providing 0 months of inventory There were 2 new listings, and 3 homes sold at a median price of $7.4m. The median overbid percentage was 87.9%, with an average of 0 days on the market.

There is no data for condos and townhomes this month.

SFH Single-Family Homes

2 New Listings

3 Sold Listings

0 Months of Inventory

$7.4M Median Sale Price

87.9% Median Sale vs List

0 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

CONDO

Condo & Townhomes

No Data For This Month.

, y y No Data For This Month. Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 25 20 15 10 5 0 100 75 50 25 0
LISTINGS
LISTINGS FOR SALE SOLD

Median SalesPrice

The median sales price has increased from $34m last August 2022, to $74m as of August 2023

No Data For This Month.

Overbids

The overbid percentage has decreased from 95.3% last August 2022, to 879% a year later

No Data For This Month

Back to Table of Contents

AVGDays OntheMarket

The average time spent on the market went down from 36 days last August 2022, to 0 days as of August 2023

No Data For This Month

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023June2023 Jul2023Aug2023 $7,500,000 $5,000,000 $2,500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 150 100 50 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%
Condos & Townhomes
Condos & Townhomes
Homes
& Townhomes
Homes
Single-Family Homes
Single-Family
Condos
Single-Family

PaloAlto East

What's in the East Palo Alto data?

There were 15 single-family homes for sale, providing 0.9 months of inventory. There were 8 new listings, and 6 homes sold at a median price of $1m. The median overbid percentage was 1047%, with an average of 19 days on the market.

There were 2 condo and townhome units for sale, providing 1 month of inventory. There was 1 new listing and 2 units sold at a median sale price of $820k. The median overbid percentage was 97.2%, with an average of 1 day on the market.

SFH Single-Family Homes

8 New Listings

6 Sold Listings

0.9 Months of Inventory

$1M Median Sale Price

104.7% Median Sale vs List

19 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

1 New Listing 1 Month of Inventory $820K Median Sale Price 97.2% Median Sale vs List 1 Avg Day on Market 2 Sold Listings CONDO Condo & Townhomes
Alto . , y y Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 30 20 10 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 8 6 4 2 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $972k last August 2022, to $1m as of August 2023

Condos & Townhomes

The median sales price has decreased from $890k last August 2022, to $820k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 33 days last August 2022, to 19 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 0 days in August 2022, to 1 day as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 104.2% last August 2022, to 1047% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.1% last August 2022, to 97.2% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023June2023 Jul2023Aug2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 150 100 50 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

SantaC County

What's in the San County data?

There were 400 single-fam providing 1.9 months of inv were 161 new listings, and 1 a median price of $1.2m. Th percentage was 983%, wit days on the market.

There were 106 condo and for sale, providing 1.7 mont There were 51 new listings at a median sale price of $8 overbid percentage was 99 average of 21 days on the m

122 Sold Listings

$1.2M Median Sale Price

37 Avg Days on Market

nd Broker Metrics, includes all singlemes in the California Area above from include preliminary data, and may vary d All data is deemed reliable but not KW Advisors Palo Alto 2023 Each office

Homes

C Condo &

51 New Listings

1.7 Months of Inventory

99.8% Median Sale vs List

ruzCounty 2023 er-year. , y er-year Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 500 400 300 200 100 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 June2023 Jul2023 Aug2023 125 100 75 50 25 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $13m last August 2022, to $12m as of August 2023

Condos & Townhomes

The median sales price has remained at $805k since last August 2022.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 30 days last August 2022, to 37 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 18 days in August 2022, to 21 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 95.5% last August 2022, to 983% a year later

Condos & Townhomes

The overbid percentage has increased from 97.3% last August 2022, to 99.8% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023June2023 Jul2023Aug2023 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 80 60 40 20 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023June2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

SanFrancisco County

What's in the San Francisco County data?

There were 334 single-family homes for sale, providing 2.1 months of inventory. There were 253 new listings and 120 homes sold at a median price of $1.6m. The median overbid percentage was 1039%, with an average of 35 days on the market.

There were 588 condo and townhome units for sale, providing 3.6 months of inventory. There were 265 new listings and 136 units sold at a median price of $1.1m. The median overbid percentage was 99%, with an average of 57 days on the market.

SFH Single-Family Homes

253 New Listings

120 Sold Listings

2.1 Months of Inventory

$1.6M Median Sale Price

103.9% Median Sale vs List

35 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

Condo & Townhomes

265 New Listings

136 Sold Listings

3.6 Months of Inventory

$1.1M Median Sale Price

99% Median Sale vs List

57 Avg Days on Market

CONDO

Last

Last 12 months, year-over-year

SanFranciscoCounty
2022 - AUGUST 2023 Single-Family Homes
AUGUST
year-over-year.
& Townhomes
12 months,
Condos
Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 500 400 300 200 100 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 1000 750 500 250 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has remained at $16m since last August 2022

Condos & Townhomes

The median sales price has increased from $1m last August 2022, to $1.1m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 26 days last August 2022, to 35 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 50 days in August 2022, to 57 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 1067% last August 2022, to 1039% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last August 2022, to 99.2% a year later.

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 100 75 50 25 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%
to Table of Contents
Back

SFH Single-Family Homes

796 New Listings

657 Sold Listings

1.1 Months of Inventory

$850K Median Sale Price

100.9% Median Sale vs List

22 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

251 New Listings

181 Sold Listings

1.4 Months of Inventory

$600K Median Sale Price

101.6% Median Sale vs List

30 Avg Days on Market

Condo &
CONDO
Townhomes
, y y Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 3000 2000 1000 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 750 500 250 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $849k last August 2022, to $850k as of August 2023

Condos & Townhomes

The median sales price has increased from $583k last August 2022, to $600 as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 30 days last August 2022, to 22 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 26 days in August 2022, to 30 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 97.1% last August 2022, to 1009% a year later

Condos & Townhomes

The overbid percentage has increased from 99.2% last August 2022, to 101.6% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $1,000,000 $750,000 $500,000 $250,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 50 40 30 20 10 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

WalnutCreek

What's in the Walnut Creek data?

There were 80 single-family homes for sale, providing 1.1 months of inventory. There were 31 new listings, and 26 homes sold at a median price of $14m The median overbid percentage was 100.7%, with an average of 26 days on the market.

There were 164 condo and townhome units for sale, providing 1 month of inventory. 86 new listings were added and 80 units sold at a median price of $665k. The median overbid percentage was 1028%, with an average of 23 days on the market.

Homes

26 Sold Listings

$1.4M Median Sale Price

26 Avg Days on Market

and Broker Metrics, includes all singlemes in the California Area above from y include preliminary data, and may vary ed All data is deemed reliable but not t KW Advisors Palo Alto 2023 Each office d

M 10 M

AUGUST 2022 - AUGUST 2023

Last 12 months, year-over-year.

Last 12 months, year-over-year

WalnutCreek
Single-Family Homes
& Townhomes
Condos
Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 150 100 50 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 200 150 100 50 0 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $15m last August 2022, to $14m as of August 2023

Condos & Townhomes

The median sales price has increased from $623k last August 2022, to $665k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 23 days last August 2022, to 26 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 25 days in August 2022, to 23 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 96.8% last August 2022, to 1007% a year later

Condos & Townhomes

The overbid percentage has increased from 101.6% last August 2022, to 102.8% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 40 30 20 10 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

Lafayette

What's in the Lafayette data?

There were 56 single-family homes for sale, providing 0.9 months of inventory. There were 17 new listings and 22 homes sold at a median price of $17m The median overbid percentage was 100.1%, with an average of 31 days on the market.

There were 9 condo and townhome units for sale, providing 3 months of inventory. There were 2 new listings and 5 units sold at a median price of $941k. The median overbid percentage was 985%, with an average of 95 days on the market.

SFH Single-Family Homes

17 New Listings

22 Sold Listings

0.9 Months of Inventory

$1.7M Median Sale Price

100.1% Median Sale vs List

31 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

Months of Inven

98.5% Median Sale vs

Listi
New
Con
. , y y Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 75 50 25 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 15 10 5 0
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $18m last August 2022, to $17m as of August 2023

Condos & Townhomes

The median sales price has increased from $825k last August 2022, to $941k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 23 days last August 2022, to 31 days as of August 2023

Condos & Townhomes

The average time spent on market went up from 27 days in August 2022, to 95 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 95.7% last August 2022, to 1001% a year later

Condos & Townhomes

he overbid percentage has decreased from 98.9% last August 2022, to 98.5% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 100 75 50 25 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%

Orinda

What's in the Orinda data?

There were 50 single-family homes for sale, providing 1.3 months of inventory. There were 23 new listings and 11 homes sold at a median price of $2.2m. The median overbid percentage was 99.4%, with an average of 23 days on the market.

There were 1 condo and townhome unit for sale, providing months of inventory. There were 0 new listings and 0 units sold, with an average of 8 days on the market.

SFH Single-Family Homes

23 New Listings

11 Sold Listings

1.3 Months of Inventory

$2.2M Median Sale Price

99.4% Median Sale vs List

23 Avg Days on Market

The data, sourced from InfoSparks and Broker Metrics, includes all singlefamily homes, condos and townhomes in the California Area above from August 2022 to August 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01511642 Copyright KW Advisors Palo Alto 2023 Each office is independently owned and operated

0 New Listi 0 Month of Inven 0% Median Sale vs Con
. , y y Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 75 50 25 0 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 5 4 3 2 1 0
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $223m last August 2022, to $22m as of August 2023

Condos & Townhomes

The median sales price has decreased from $1.6m last August 2022, to $0 as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 21 days last August 2022, to 23 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 60 days in August 2022, to 8 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 97.6% last August 2022, to 994% a year later

Condos & Townhomes

The overbid percentage has decreased from 93.5% last August 2022, to 0% a year later.

Back to Table of Contents

Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023 $3,000,000 $2,000,000 $1,000,000 $0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 75 50 25 0 Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 125% 100% 75% 50% 25% 0%
: 505 Hamilton Ave Suite #100, Palo Alto, CA 94301 PaloAlto 650564HOME MTeymouri@kw.com MTRealEstateGroupcom MT Real Estate Group MichaelTeymouri

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