Buyer's Market vs. Seller's Market In Atherton
The phrases "buyer's market" and "seller's market" can lead to poor assumptions. In Atherton, most houses sell under the asking price (list price). This simply reflects that buyers and sellers expect the price to be negotiated downward. It does not reflect a "buyer's market".Atherton real estate tends to follow Silicon Valley real estate. However, with its higher price, there are significant differences. Since 2012, the average selling price in Silicon Valley has almost always been above the average list price.…