 MK GROUP
By the founders of MK Group |
The number that anchored several recent issues — a Woodside home quietly asking $68M — is no longer in the pool we track. The city's off-market range now tops out at $50M, even as one new home came in over the past seven days. Zoom out and the Bay-wide pool stands at 435 homes with 112 added this week, yet the nine luxury towns hold just 48 between them (65 two weeks ago, 52 last week) and took in only six new. Atherton, Palo Alto, Los Altos Hills and Portola Valley added nothing at all. That doesn't mean the top isn't trading — most of it simply happens off any list: on July 29 we closed an $8M sale in Atherton representing the seller. This issue's videos and long-reads circle one question: when the best homes surface less and less, how should a buyer, or a seller, read the market?
This Week in Off-Market435 off-market homes across the Bay Area, 112 added this week. | Woodside +1 this week | 5 | $2M–$50M |
| Hillsborough +2 this week | 8 | $4M–$15.5M |
| Los Altos +1 this week | 6 | $4M–$13M |
| Los Altos Hills | 7 | $5.5M–$22M |
| Portola Valley | 3 | $4.5M–$10.5M |
| Menlo Park +1 this week | 6 | $1M–$6.5M |
| Saratoga +1 this week | 5 | $3.5M–$15M |
| Other Bay Area cities | 387 | $500K–$14.5M |
Want details on a specific city? Reply to this email and Marie or Kevin will be in touch. |
Recent MK Group Closings | 1 Edge Rd Atherton, 94027 4 bd · 3 ba · 3,130 sqft $8,000,000 · Represented seller |
|
 | 830 Monte Rosa Dr Menlo Park, 94025 4 bd · 5.5 ba · 3,110 sqft $5,250,000 · Represented buyer |
|
 | 13206 Wright Way Los Altos Hills, 94022 5 bd · 4.5 ba · 5,186 sqft $4,930,000 · Represented buyer |
|
|
Whether you're looking, preparing to sell, or simply want a clear read on what your home is worth today, just reply to this email — it reaches Marie Wang and Kevin Mo directly. MK Group · Bay Area Luxury Real Estate Marie Wang — 650.618.1222 · marie@mkbayarea.com Kevin Mo — 408.477.6638 · kevin@mkbayarea.com WeChat: MKgroup001 MKBayArea.com
MK Group · Marie Wang (DRE #02110980) · Kevin Mo (DRE #02127623) 19900 Stevens Creek Blvd, Ste 100, Cupertino, CA 95014 |
|