Market Pulse – Silicon Valley Housing Market Goes Crazy

Here are the updates of some transactions happened over the past few days, which give you the closest feel of how the housing market is going in Silicon Valley – “Hot ! Hot! Hot!”

  • 795 ENCINA GRANDE DRIVE, Palo Alto 94306 – listed April 10, offer due date April 17.  Listing price: 1,595,000

About 100 people came through our Sat and Sun open house.
5 offers.  1 was all cash at 1.7m
Two offers with financing over 1.8m

  • 5148 MCCOY AVENUE, San Jose 95130 – listed April 10, offer due date April 18. Listing price is 585,000.

10 offers, sold close to $630K

  • 1188 QUEEN ANN DRIVE, Sunnyvale 94087 – listed April 11. offer due date April 18. Listing price is 1,199,000

12 offers. sold over 1,400,000.

  • 1029 HUNTINGDON DRIVE, San Jose 95129 –  listed April 11.  Listing price is  $899,000

28 offers. sold over 1,050,000, 600k down payment

 

 

 

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