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News

Hills council strikes down proposed moratorium on substandard lots

With a divided vote, the Los Altos Hills City Council Wednesday (June 3) struck down a proposed 45-day moratorium on substandard lot development.

Mayor Courtenay C. Corrigan and Councilmember John Radford cast dissenting votes opposing the moratoriu...

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Schools

MVLA foundation recounts first year of Learning in the Cloud

MVLA foundation recounts first year of Learning in the Cloud


Traci Newell/Town Crier
Robert Barker, Los Altos High World Literature teacher, demonstrates how students use online discussion in class.

Technology is no longer seen as a distraction in the classroom, as students in the Mountain View Los Altos ...

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Community

Faria and friends unite to raise funds for cancer research

Faria and friends unite to raise funds for cancer research


Courtesy of Joseph Faria
Supporters of last month’s Relay For Life event in Mountain View include, from left, Los Altos residents Matthew Aufricht, Connor Chu, Matthew Demele and Dominic, Eileen and Joseph Faria. The Los Altos Relay For Life is sla...

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Comment

Coffee with cops? We'll drink to that: Editorial

The recent “Coffee with a Cop” event proved a good public relations move for the Los Altos Police Department. It also provided a great opportunity for residents to ask questions and converse with several officers, including the police chief, in an in...

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Special Sections

Deciphering the irksome sounds cars often make

Ahh – the troublesome, telltale auto noise. It’s that squeak, screech, squeal, groan, grind, hum, hiss, rattle, knock, clicking or ticking that drives drivers crazy.

Even with all the technology in modern cars, the sounds our cars make t...

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Business

Local couple launches downtown restaurant

Local couple launches downtown restaurant


Alicia Castro/Town Crier
The Turn Bar & Grill crew prepares for the restaurant’s impending opening.

Jim and Julie Otis are prepared to realize their longtime dream.

The couple – lifelong Los Altos residents – wanted to ensure ...

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Books

Horan's 'Loving Frank' offers fictionalized account of famed architect's illicit affair

Horan's 'Loving Frank' offers fictionalized account of famed architect's illicit affair


In the 1920s, two married people fall in love, leave their spouses and children and set about living and traveling together. Affairs of this sort were considered shocking at the time. But the scandal was heightened given that the man was Frank Lloy...

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People

DR. WALLACE IRA SAMPSON

DR. WALLACE IRA SAMPSON

     

Dr. Wallace Ira Sampson, 85, passed away peacefully on Monday, May 25, at Santa Clara Valley Medical Center. He leaves his wife of 59 years, Rita (nee Landry) Sampson, brother Sandy, sons Robert, Paul (Suzanne), Buck (Kathryn), ...

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Travel

Flying south for the winter: Antarctica trips are not just for the birds

Flying south for the winter: Antarctica trips are not just for the birds


Photos Courtesy of Dave Hadden
Los Altos residents Dave and Joan Hadden watched the scenery from the large boat and a smaller Zodiac.

Standing on the beach with hundreds of thousands of penguins is “the experience of a lifetime,” according to Ga...

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Stepping Out

Kushner's 'Angels' arrives at Foothill

Kushner's 'Angels' arrives at Foothill


David Allen/Special to the Town Crier
Harper Pitt (Sophia Naylor) describes her life to Joe Pitt (Dan Martin) in “Angels in America,” playing in the Lohman Theatre at Foothill College through June 14.

The Foothill Theatre Arts Department’s produ...

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Spiritual Life

Magazine

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon


tanya kucak/Special to the Town Crier
Shrub manzanitas are known for their sinuous mahogany trunks and branches. If the foliage hides the bark, prune selectively to open the center so that the bark is visible year-round. This Montara manzanita is ...

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Inside Mountain View

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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