Wed02102016

News

SPLAT targets data, outreach as airplane noise continues

SPLAT targets data, outreach as airplane noise continues


Graphic courtesy of Don Gardner
Activists claim that a new SFO flight path leaves a “sound shadow” that impacts Los Altos and Los Altos Hills.

Sky Posse Los Altos Team – more simply known as SPLAT – seeks to squelch the noise...

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Schools

Los Altos High student-run charity plans ‘5 Gallon Gala’

Los Altos High student-run charity plans ‘5 Gallon Gala’


Courtesy of Lia Evard
Water by Youth members gave Egan students a chance to carry a 40-pound Jerry can, to see how difficult it is to obtain water in developing nations.

Water by Youth, a club at Los Altos High School, is making a splash by plannin...

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Community

What would you do with a box of cookies? Local Girls Scouts help Tanzanian orphanage

What would you do with a box of cookies? Local Girls Scouts help Tanzanian orphanage


Courtesy of Alicia Madden
Sales of local Girl Scout cookies support service projects, such as funding an orphanage in the village of Mto wa Mbu in Tanzania.

Girl Scout cookies – whether you think of them as a treat, a tradition or a diet comp...

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Sports

Scoreless spells sink LA boys

Scoreless spells sink LA boys


Megan V. Winslow/Town Crier
Los Altos High point guard Nolan Brennan attempts a shot in Friday’s game versus Palo Alto. He scored eight points in the loss.

There have been several games this season in which the Los Altos High boys basketball t...

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Comment

New 'York' values

New 'York' values


Hughes

 

As we have witnessed California suffer through one of its worst droughts in history over the past few years, all of us, I’m sure, have been keenly aware of our surroundings and have done a small part in trying to conserve wa...

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Special Sections

PYT ‘Gets Famous’

PYT ‘Gets Famous’


Lyn Flaim Healy/Spotlight Moments Photography
Renee Vetter of Palo Alto, left, and Megan Foreman of Los Altos star in Peninsula Youth Theatre’s “Judy Moody Gets Famous.” Performances are scheduled Friday and Saturday.

Peninsula Yo...

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Business

Nearing V-Day: Shops stock sweets, treats

Nearing V-Day: Shops stock sweets, treats


Megan V. Winslow/Town Crier
Los Altos resident Ella Roosakos, 11, with her mother, Gail, puzzles over which Gourmet Works sweets to buy as a valentine for Ella’s friend.

The gift-buying rush isn’t exclusive to Christmas. It may jump over...

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People

ALAN RODNEY MILLS

ALAN RODNEY MILLS

Alan Rodney Mills, PhD, 83, of Los Altos passed away peacefully on Saturday, January 30th, 2016. He was born in Rochdale, England in 1933 and came to California in 1962. He was a proud alumni of Manchester Grammar in England, University of Liverpoo...

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Stepping Out

LA Stage Company’s ‘Middletown’ continues run at Bus Barn Theater

Los Altos Stage Company’s Bay Area premiere of Will Eno’s “Middletown” is scheduled to run through Feb. 21 at Bus Barn Theater, 97 Hillview Ave.

Winner of the inaugural Horton Foote Award for Most Promising New Play in 2010, ...

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Spiritual Life

A time to prepare: Fasting for Lent isn't limited to food

 

Today is Ash Wednesday, which in the Christian calendar marks the beginning of Lent – the 40 days of preparation for Resurrection Sunday, otherwise known as Easter.

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Inside Mountain View

New right-to-lease ordinance promises relief for renters

New right-to-lease ordinance promises relief for renters


Mountain View Tenants Coalition/Facebook
Residents gather in the fall to protest Mountain View’s rising rents. Rent relief is on the way in the form of a new ordinance.

A controversial Mountain View law requiring landlords to provide lease opt...

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Realtor report: Luxury home sales still rising

Silicon Valley’s luxury housing market capped a strong year in 2013 with sales edging up 8.9 percent in December over a year ago, according to a new report by Coldwell Banker Residential Brokerage.

The figures are based on Multiple Listing Service data of all homes sold for more than $1.5 million in December 2013 in Santa Clara County.

A total of 122 luxury homes sold in December, up from the 112 sales in December 2012. On a monthly basis, high-end December sales were below November’s 151 transactions, though a decline from November to December isn’t unusual.

“Silicon Valley’s luxury housing market had a great year in 2013, with sales increasing consistently on a year-over-year basis, especially in the upper end of the market,” said Rick Turley, president of Coldwell Banker Residential Brokerage. “The only thing that kept sales from going even higher was the severe shortage of homes on the market.”

The median December 2013 sale price of a luxury home in Silicon Valley was $1.9 million, nearly 1 percent higher than the previous month but down 3.6 percent from a year ago, when the median price was $2 million. The upper end of the luxury market recorded 59 sales of more than $2 million, up from 57 a year ago. The 13 sales in excess of $3 million were down from 19 a year ago.

Other key market indicators improved on an annual basis, with homes selling faster on average in December versus a year earlier and sellers receiving a higher percentage of their asking price on average.

“We continue to have an imbalance between the supply of homes and the extremely strong demand from buyers in the Valley,” Turley said. “There are signs that this is gradually starting to change, with more inventory expected to come on the market in the weeks ahead. Hopefully, that will bring the market back into a healthier balance in 2014, which will be good for everyone – buyers and sellers alike.”

Other key findings from the Coldwell Banker Residential Brokerage luxury report:

• The most expensive December 2013 sale in Silicon Valley was a four-bedroom, eight-bathroom, 4,300-square-foot home in Palo Alto that sold for $6.1 million.

• Palo Alto boasted the most luxury sales with 31, followed by Los Altos with 27, Saratoga with 22 and San Jose with 17.

• Homes sold in an average of 33 days, down from 60 days a year ago but more than the 25 days during the previous month.

• Sellers received an average of 104 percent of their asking price, up from 101 percent a year ago but down from the 106 percent the previous month.

The Silicon Valley Luxury Housing Market Report is a monthly report by Coldwell Banker Residential Brokerage. For more information, visit californiamoves.com.

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