What Happened in 2022???

1st half vs 2nd half 2022 price per square foot

Our local real estate market started off “on fire” in 2022. However, rising interest rates, declining tech stocks, and looming layoffs cooled off the market in the second half of the year. On a Price per Square Foot ($ / SF) basis, Los Altos, Mountain View (South of El Camino), and Sunnyvale (Zip Code 94087) declined 14%, 7%, and 13%, respectively.

If you are thinking about Buying or Selling, contact me to talk about the best strategies in this shifting market. I’ve navigated clients through similar markets and I’ll apply my 20 years of experience to help you, too!

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    *Since 2007 in Los Altos, Los Altos Hills, Mountain View and Sunnyvale

    [Source: REIL.com]