 MK GROUP
By the founders of MK Group |
The off-market pool we track across the Bay stands at 420 homes this week, with 99 added over the past seven days — yet almost none of that growth reached the nine luxury towns, which took in just 12. The number worth watching is the standing count: two weeks ago those nine towns held 65 homes on the quiet market; today it is 52. The order is shifting too — Hillsborough and Saratoga now hold the deepest quiet inventory at eight each, while Atherton, Palo Alto and Portola Valley added nothing at all. Why less at the top rather than more? This quarter's Pulse report offers a capital-side answer: after a 20.9% year in equities, owners feel no pressure to sell and buyers would rather borrow than unwind a compounding position — there is more money around, but no more houses changing hands.
This Week in Off-Market420 off-market homes across the Bay Area, 99 added this week. | Woodside +2 this week | 4 | $2M–$50M |
| Hillsborough +3 this week | 8 | $4M–$15.5M |
| Los Altos +3 this week | 6 | $4M–$13M |
| Los Altos Hills +1 this week | 7 | $5.5M–$22M |
| Portola Valley | 4 | $3.5M–$10.5M |
| Menlo Park +2 this week | 6 | $1M–$6.5M |
| Saratoga +1 this week | 8 | $2M–$15M |
| Other Bay Area cities | 368 | $500K–$14.5M |
Want details on a specific city? Reply to this email and Marie or Kevin will be in touch. |
Quarterly Market Report · 2026 Q229.0% $3M–$5M all-cash (24.8% a year ago) | 46.6% $5M–$10M all-cash (45.3% a year ago) | 72.7% $10M–$20M all-cash (77.8% a year ago) |
— $5M is where buyer financing changes character — below that line most buyers borrow; above it, most pay cash. — The counterintuitive part is the top: after a 20.9% year in equities, financed deals above $10M rose from 2 last quarter to 10. Selling to pay cash means exiting a compounding position and booking capital gains now, while a 6.4% mortgage costs less than the expected return — not less wealthy, just more precise about the cost of money. — The middle moved the other way: all-cash at $3M–$5M gained 4.2 points in a year. The top is borrowing while the middle pays cash — the ladder is converging from both ends. Read the full reportDownload the PDF |
Recent MK Group Closings | 15253 Montalvo Rd Saratoga, 95070 5 bd · 5.5 ba · 5,490 sqft $12,000,000 · Represented buyer |
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 | 27210 Ohlone Ln Los Altos Hills, 94022 5 bd · 6 ba · 5,434 sqft $10,995,000 · Represented buyer |
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 | 3408 South Ct Palo Alto, 94306 4 bd · 3 ba · 2,400 sqft $5,600,000 · Represented buyer |
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Whether you are watching one of these nine towns or simply wondering what your own home is worth right now, just reply to this email — it reaches Marie Wang and Kevin Mo directly, and we answer personally. 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 |
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