Nearly half of the 48 homes sold this week had price tags of $4 million or higher. Atherton saw the most-expensive recorded sale at $29 million, while Los Altos saw the most transactions.

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Home prices and sales fell statewide in California in June as mortgage interest rates hovered above  7% throughout the bulk of May, when most of these sales opened escrow, according to a new report from the California Association of Realtors.

The post California’s housing market sees decline amid high interest rates, but Peninsula buyers are still willing to pay over-asking price appeared first on Mountain View Voice.

When Sally and Joel Phillips purchased their Portola Valley property, it didn't exactly come with the home of their dreams. The old 1,000-square-foot cabin was barely habitable, but it was what the newly married couple could afford in the neighborhood at the time, so they decided to make the best of it. 

The post Portola Valley couple upcycles ‘barely habitable’ 1940s cabin into rustic dream home   appeared first on Mountain View Voice.

Menlo Park recorded the highest home sale for the week, while Mountain View saw the most transactions.

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At $23.75 million, Atherton saw the highest home sale this week, while Menlo Park and Mountain View saw the most transactions.

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Each week, Embarcadero Media takes a look at home sales activity along the Midpeninsula in the communities of Atherton, East Palo Alto, Los Altos, Los Altos Hills, Menlo Park, Mountain View, Palo Alto, Portola Valley and Woodside.

The post Joseph Eichler’s personal home sells for $5.5M in Atherton appeared first on Mountain View Voice.

At $16.8 million, a contemporary farmhouse in Woodside sold for the highest recorded price tag on this Midpeninsula this week, followed by the $15.1 million sale of the historic Dunker House in Palo Alto.

The post Birge Clark’s historic ‘Dunker House’ sells for $15.1M in Palo Alto appeared first on Mountain View Voice.

Each week, Embarcadero Media takes a look at home sales activity along the Midpeninsula in the communities of Atherton, East Palo Alto, Los Altos, Los Altos Hills, Menlo Park, Mountain View, Palo Alto, Portola Valley and Woodside. Here are the highest home sales in each community.

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The Midpeninsula recorded 62 homes sales, with Mountain View and Palo Alto accounting for more than half the transactions.

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The Midpeninsula recorded 62 home sales for the Week of May 27, with prices ranging from $535,000 in Mountain View to $9.7 million in Menlo Park.

The post Menlo Park sees highest home sale at $9.7M; Mountain View sees most sales with 20 transactions appeared first on Mountain View Voice.