Following a strong end to the spring homebuying season in Silicon Valley, the summer months brought continued momentum to the housing market, with sales exceeding last year's third quarter. However, while sales of higher-priced homes flourished, lower price points were constrained by rapidly declining inventory, which was almost half of levels recorded during the same period last year.
Here is a link to the most current market data per city: David Weil - Q3 Market Insights 2017 Silicon Valley
Please let me know if you would like to discuss the local dynamics further and how it relates to your property.
Defining Silicon Valley: Our real estate markets in the Silicon Valley region include the cities and towns of Atherton, Los Altos (excluding county area), Los Altos Hills, Menlo Park (excluding east of U.S. 101), Palo Alto, Portola Valley, and Woodside. Sales data in the charts includes all single-family homes in these communities.