Midpeninsula real estate experts forecast low fall inventory

Real estate experts in the Midpeninsula region are predicting a fall housing market characterized by low inventory and strong demand. Local agents suggest that while inventory may increase slightly compared to the summer, scarcity is expected to persist, creating a competitive environment for move-in ready homes.

In Palo Alto, market activity has historically slowed during the summer but has recently begun to pick up as early as mid-August. Experts note that a reduction in inventory toward the end of the year may increase buyer urgency and lead to quicker sales or more offers per home, even if prices remain stable.