Blog by David Bergman

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Are there Off Market home sales in Los Altos?

November 11th, 2014

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I am often asked if there are off market home sales in Los Altos?  The answer is yes.  But it’s a small portion of total real estate sales. Most sellers prefer to expose their properties to the open market (Multiple Listing Service). I have access to both on and off market properties and knowing about all the sales is important in understanding the market value of your home.

The map below sh ...

October Los Altos and Los Altos Hills Real estate Statistics

November 7th, 2014
There were 28 sales in Los Altos on the MLS in October 2014.  Average days on market was 13 days.  Average square footage was 2,492 with an average lot size of 11,818 and an average age of 50.  Average sale price per square foot was $1,090.90.  Average list price of $2,376,993 with an average sale price of $2,633,192 - 11% on average sale over list price.

There were 11 sales in Los Altos Hills ...

October Los Altos Home Sales - Real estate

November 7th, 2014
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Address Beds Total Baths - Full Baths - Partial Building SqFt Lot Size Area  List Price   Sale Price  Close of Escrow Date Age 
495 VAN BUREN ST 5 3 1 3687 21800  $4,495,000  $4,600,000 10/14/14 15
1260 CARMEL TE 5 4 1 3900 10640  $3,488,800  $3,800,000 10/1/14 0
102 N SPRINGER RD 5 4 1 3438 16495  $3,398,000  $3,500,000 10/5/14

October Los Altos Hills Homes Sales - Real estate

November 7th, 2014
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Address Beds Total Baths - Full Baths - Partial Building SqFt Lot Size Area  List Price   Sale Price  Close of Escrow Date Age 
26545 PURISSIMA RD 5 4 0 3453 44145  $2,998,000  $3,450,000 10/6/14 59
12215 COLINA DR 3 2 0 2398 51401  $2,995,000  $3,250,000 10/3/14 61
12195 ALTAMONT CT 4 3 1 4500 55321  $3,188,000  $3,200,000

1390 Saddle Rack St #234, San Jose, CA

September 16th, 2014

I just sold this Condo at 1390 Saddle Rack St #234, San Jose, CA .

View this recently sold Condo or see all my home sales

935 Lundy Lane, County Club in Los Altos, Los Altos, CA

August 21st, 2014

I just sold this Los Altos House at 935 Lundy Lane, County Club in Los Altos, Los Altos, CA County Club in Los Altos.

View this recently sold Los Altos House or see all my home sales

Should you have contingencies when you offer to buy a home

August 16th, 2014

When you write an offer to purchase a home you make many choices.  One of those choices is do you have any contingencies?  A contingency is a right to cancel the agreement based on certain conditions.  You can have a physical contingency such as a property condition contingency.  A contingency can also be based on a non-physical condition such as obtaining financing or the property appraising ...

Passing of a friend and long time realtor Steve Bellumori

August 15th, 2014

A good friend and exceptional realtor passed away yesterday.
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Member News

In Memoriam: Steve Bellumori

It is with great sadness that SILVAR announces the passing of longtime member Steve Bellumori. A REALTOR® with Coldwell Banker in Menlo Park, Steve died of a massive heart attack yesterday evening, August 14, 2014. He was 65 years old.

A licensed real estate broker since 1983 and Certifie ...

Los Altos and Los Altos Hills homes sold

August 5th, 2014

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Area 211 of Los Altos (North Los Altos) had 8 sales with an average list price of $2,421,750 and an average sale price of $2,613,000 for July 2014.  On average that means that homes sold for 8% over list price.  What do you get for that price: a 47 year old 2,533 square foot home on about 10,096 square feet of land.  All of these homes sold belong to the excellent Los Altos School district.  ...

14% of California real estate sales are buyers from China

July 31st, 2014
The percentage of Chinese buyers who buy homes and other Real Estate is higher in the bay area then in the state overall. Interesting read from Forbes magazine: http://www.forbes.com/sites/kenrapoza/2014/07/30/for-rich-chinese-u-s-becoming-giant-monopoly-game/?sf3941425=1
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