Atherton, Menlo Park, Palo Alto Real Estate Lead Surge In Sales
The first quarter of 2011 have been a very busy time of year for realtors, especially at our Alain Pinel offices. Sales figures for the SF Peninsula overall had a surge, but sales at Alain Pinel’s Menlo Park offices hit an all time high. Sales volume for the first three months of the year were just over $170 million dollars from our one office alone. Atherton, Menlo Park and Palo Alto real estate and luxury real estate helped lead the way and this shows that Alain Pinel is the cream of the crop for getting business completed anywhere along the Peninsula.
These totals are the highest in years and shows that real estate is on the rebound. Some experts are thinking that the Facebook surge could also keep real estate booming in the area as millions of dollars of Facebook money will be hitting the streets very soon. There’s nothing like a new crop of millionaires hitting the streets with money to spend from their hard work and stock options from working at Facebook.
