 MK GROUP
By the founders of MK Group |
Over the past seven days, 105 homes came onto our off-market radar — and the tracked pool still fell, from 455 a week ago to 384. Net of arrivals, roughly 176 homes left the quiet market in a single week. The nine luxury towns tell the same story more sharply: their combined count dropped from 52 to 40. Menlo Park, tied for the deepest inventory at eight last week, is down to one, and Palo Alto slipped from seven to four. Only eight new homes landed in the nine — two each in Los Altos, Portola Valley and Saratoga, one each in Atherton and Palo Alto — leaving Los Altos and Saratoga sharing the top at six. A home leaves our pool for one of two reasons: it sold quietly, or it went onto the open market. In the first week of the fall listing season, an outflow of this size is not a surprise. For buyers, some of the homes that would have traded privately are about to surface as public listings; for sellers, the more neighbors head to market at once, the more carefully the scarcity premium of a private sale has to be weighed.
This Week in Off-Market384 off-market homes across the Bay Area, 105 added this week. | Atherton +1 this week | 5 | $9M–$39M |
| Palo Alto +1 this week | 4 | $3.5M–$33M |
| Los Altos +2 this week | 6 | $4M–$8.5M |
| Los Altos Hills | 5 | $7.5M–$16M |
| Portola Valley +2 this week | 5 | $4.5M–$10.5M |
| Saratoga +2 this week | 6 | $3.5M–$16M |
| Other Bay Area cities | 344 | $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 | 2001 Webster St Palo Alto, 94301 5 bd · 6 ba · 5,042 sqft $10,300,000 · Represented buyer |
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 | 1585 Edgewood Dr Palo Alto, 94303 5 bd · 6 ba · 4,877 sqft $9,498,000 · Represented buyer |
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 | 1 Edge Rd Atherton, 94027 4 bd · 3 ba · 3,130 sqft $8,000,000 · Represented seller |
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Whether you are weighing a purchase, a sale, or simply want to know what is quietly moving in a particular town, reply to this email — it reaches Marie or Kevin 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 |
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