Atherton Home Sales Report: June 2013
By John Souerbry, Homes, Land & Investments
(Cordon Real Estate)
The Atherton home sales report for June 2013 reflects the improving market throughout Silicon Valley and consistently strong demand for luxury homes in Atherton. Of the nine homes that closed escrow in June, five were sold in 30 days or sooner and only one took more than 60 days to sell. Even though the chart at the end of this report lists the listing price and the final sale price of the homes that sold in June, statistics regarding how many homes sell above or below their listing price or the difference between listing and sale prices have become meaningless. Listing brokers have historically urged their sellers to ask for slightly higher than the estimated market value in hope of finding a buyer with the desire and ability to pay a little bit more. But now there is a trend among ...
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