 MK GROUP
By the founders of MK Group |
After three straight weeks of net outflow, the Bay Area’s off-market pool stopped shrinking: 95 homes came onto our radar over the past seven days, a few more than last week’s 88, and the tracked count edged back from 350 to 355. In the nine luxury towns, turnover quickened instead — 12 new arrivals, the most since Labor Day week, yet their combined count slipped from 41 to 39. Saratoga alone took in six but rose only from nine homes to ten, meaning five left in the same week; Hillsborough added two, climbing from four to six, and the top of its range jumped from $12.5M to $40M; Atherton, Woodside, Portola Valley and Menlo Park took in nothing. When homes come and go this quickly, how scarce a town’s quiet market really is depends less on how many homes are sitting there than on how fast they move. Marie’s two videos look at why eight-figure buyers are back and the seven questions to put to a listing agent, Kevin explains why last year’s budget no longer buys last year’s house, and the three long-reads cover a seller who backs out after signing, whether an old Palo Alto house can come down, and where Woodside and Portola Valley kids go to high school.
This Week in Off-Market355 off-market homes across the Bay Area, 95 added this week. | Palo Alto +1 this week | 3 | $13M–$44M |
| Hillsborough +2 this week | 6 | $8M–$40M |
| Los Altos +2 this week | 3 | $4M–$8.5M |
| Los Altos Hills +1 this week | 6 | $7.5M–$16M |
| Portola Valley | 4 | $4.5M–$10.5M |
| Saratoga +6 this week | 10 | $2M–$23M |
| Other Bay Area cities | 316 | $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 | 15253 Montalvo Rd Saratoga, 95070 5 bd · 5.5 ba · 5,490 sqft $12,000,000 · Represented buyer |
|
 | 27210 Ohlone Ln Los Altos Hills, 94022 5 bd · 6 ba · 5,434 sqft $10,995,000 · Represented buyer |
|
 | 2001 Webster St Palo Alto, 94301 5 bd · 6 ba · 5,042 sqft $10,300,000 · Represented buyer |
|
|
If you are comparing how quickly the quiet market moves from town to town, or wondering where your own home would sit in it, simply reply to this email — Marie or Kevin will get back to you 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 |
|