Real Estate

Spring Real Estate 2022: A look at local market trends, bidding wars and real estate in the post-COVID era

The spring real estate market is here — and so is Embarcadero Media's annual Spring Home & Real Estate magazine, which takes a look at this season's epic bidding wars, real estate in the post-COVID era, a rare Frank Lloyd Wright home in Atherton and what's on the market for $2 million, $6 million, $10 million, and more.

See coverage in the 2022 Spring Home & Real Estate e-edition or see our curated story list below:

Rare Frank Lloyd Wright home hits the market

This Frank Lloyd Wright home is for sale in Atherton. Photo by David Eichler.

Most properties attract buyers for features they have rather than ones they don’t. That's not the case for the Frank Lloyd Wright house that went on the market in Atherton this spring. Each of its walls, except one, lacks 90-degree angles. Find out what other unique features have made this midcentury modern home nationally recognized. Read the full story.

Home prices break historical ceiling — again

The median price for single-family homes in Palo Alto has reached $3.71 million. Photo by Veronica Weber.

With no time to hesitate in this year's competitive market, buyers are aggressively overbidding, pushing sales prices above last year's record highs.

No wonder the most commonly asked question by young buyers at recent open houses is, "How much more should I bid up?"

Help sustain the local news you depend on.

Your contribution matters. Become a member today.

Join

Find out just how high Midpeninsula home values have climbed since 2021. Read the full story.

As the virus fades, where do we go from here? Industry leaders weigh in

Demand for homes on a spacious lots is expected to continue post-pandemic. Embarcadero Media file photo.

It's been a long two years since the pandemic brought the region to a screeching halt midway through March 2020, catapulting the home industry into a new reality. With hope of at last exiting the pandemic on the horizon, find out what industry leaders think might change and what lingering impacts of the past two years might be here to stay. Read the full story.

Hold on! The spring market is going to be a wild ride

Move-in ready homes are in high demand this season. Courtesy Coldwell Banker Realty.

As the world lurches from one unpredictable crisis to another, one thing is certain: The Midpeninsula housing market continues to remain above the fray as spring bidding wars push homes $1 million above asking price in some neighborhoods. Read the full story.

Stay informed

Get the latest local news and information sent straight to your inbox.

Stay informed

Get the latest local news and information sent straight to your inbox.

Follow Palo Alto Online and the Palo Alto Weekly on Twitter @paloaltoweekly, Facebook and on Instagram @paloaltoonline for breaking news, local events, photos, videos and more.

Spring Real Estate 2022: A look at local market trends, bidding wars and real estate in the post-COVID era

by Palo Alto Weekly staff / Palo Alto Weekly

Uploaded: Tue, Apr 19, 2022, 2:39 pm

The spring real estate market is here — and so is Embarcadero Media's annual Spring Home & Real Estate magazine, which takes a look at this season's epic bidding wars, real estate in the post-COVID era, a rare Frank Lloyd Wright home in Atherton and what's on the market for $2 million, $6 million, $10 million, and more.

See coverage in the 2022 Spring Home & Real Estate e-edition or see our curated story list below:

Most properties attract buyers for features they have rather than ones they don’t. That's not the case for the Frank Lloyd Wright house that went on the market in Atherton this spring. Each of its walls, except one, lacks 90-degree angles. Find out what other unique features have made this midcentury modern home nationally recognized. Read the full story.

With no time to hesitate in this year's competitive market, buyers are aggressively overbidding, pushing sales prices above last year's record highs.

No wonder the most commonly asked question by young buyers at recent open houses is, "How much more should I bid up?"

Find out just how high Midpeninsula home values have climbed since 2021. Read the full story.

It's been a long two years since the pandemic brought the region to a screeching halt midway through March 2020, catapulting the home industry into a new reality. With hope of at last exiting the pandemic on the horizon, find out what industry leaders think might change and what lingering impacts of the past two years might be here to stay. Read the full story.

As the world lurches from one unpredictable crisis to another, one thing is certain: The Midpeninsula housing market continues to remain above the fray as spring bidding wars push homes $1 million above asking price in some neighborhoods. Read the full story.

Comments

There are no comments yet. Please share yours below.

Post a comment

In order to encourage respectful and thoughtful discussion, commenting on stories is available to those who are registered users. If you are already a registered user and the commenting form is not below, you need to log in. If you are not registered, you can do so here.

Please make sure your comments are truthful, on-topic and do not disrespect another poster. Don't be snarky or belittling. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

See our announcement about requiring registration for commenting.