Los Altos, CA

Los Altos Supports FUHSD with Passage of Measure G

By Michelle C. Carr-Crowe

At 7:00 pm tonight we were surprised when the home phone rang. A Fremont Union High School District student called to remind my husband to vote on Measure G tonight. Our daughter who attends high school in the district had also made calls like this, so we were familiar with the campaign. We'd talked to another volunteer this past weekend in fact. They weren't taking any chances, even with just an hour to go, volunteers were putting full effort forth.

Their persistence paid off in terms of gaining majority, with 59 percent voting yes. However, Measure G required 2/3 in favor for approval, so it did not pass.

Whether you live in Cupertino, San Jose, Santa Clara, Sunnyvale or Los Altos, your property's value benefits from being in the Fremont Union High School District (commonly referred to as "Cupertino Schools"). http://www.fuhsd.org

Measure G was basically an extension of the existing parcel tax at the same amount of $98, which is set to expire, as well as an annual adjustment for inflation. The measure exempted homeowners who are seniors and/or disabled. (Full description below).

NOVEMBER 3, 2009: MEASURE G
To provide stable, local funds needed to protect teaching positions, and assure that Cupertino, Fremont, Homestead, Lynbrook, and Monta Vista High School students are prepared to successfully compete for college admission, shall the Fremont Union High School District replace its existing, expiring parcel tax with a tax at the same annual rate of $98 per parcel to be adjusted annually for inflation, with all funds benefitting local high schools, and offering an exemption to seniors and the disabled?

According to information for the 2007-2008 Fiscal Year from the California Dept of Education, following is some basic information on district funding dollars per student as compared to all of California as well as other nearby districts with high-performing academic scores.

Fremont Union High School District $9,255

Statewide Average for all High Schools $9,433

San Jose Unified $9,818
Los Gatos-Saratoga HS $11,264
Mountain View- Los Altos HS $12,699
Palo Alto Unified - $13,509

Thank you to the teachers leading and helping our students. Thank you to the students who volunteered to cold-call people they didn't know and ask them to vote Yes on Measure G. Thank you to all of the voters.

This photo is my Los Altos listing - 1456 Ranchita Court Los Altos asking 1.468 Millions and was sold in May 2009.

What is the current Los Altos Calif Real Estate market? If we compare from May 2008 to May 2009, you will find some interesting changes:

1). Home inventory rose up from from last year's 78 to this year 124. The numbers of sold homes has dropped from last year 41 to 22 this year.

2.) The average Los Altos home sales price is lower. This May sales price is $1,560.373 vs last May's ' $1,980.409 The median sales of May 2009 is $1.500,000 which is a drop from last May's $1,738,888.

3.) Last May took average 27 days to sell a home however this year will need 61 days to sell a home.

This real estate trend is the same as last month. In the may of 2009 there are 58.9% more home inventory and 46.3% less the Los Altos homes get sold. The average Los Altos sales price dropped 21.2% and the Los Altos median price homes dropped 13.7% from last May to this May. The above data information came from the www.reil.com.

Any home buyers and sellers need a good realtor to help them. If you or someone you know is thinking of buying or selling property in Santa Clara County (Sunnyvale, Cupertino, Saratoga, Mountain View, San Jose), California, please contact me because I offer a free 45 min. consultation to cover an over all current real estate market. You can email me GraceKeng1@gmail.com

An overview of Los Altos Single Family Real Estate market of April 2008 compared to April 2009 shows some interesting economic changes:

1.) The Los Altos homes inventory rose to 132 this year from last year’s 65. The sold homes are a little less then last year. Last April sold 24 homes and this April is 11.

2.) The average Los Altos homes price is still on the down turn. This year’s sold price is $1,574,000 vs. last years’ $2,050,114. The median sales onLos Altos homes has dropped also from $1,760,404 to this year $1,500,000.

3). It would take 60 days this year to sell a Los Altos home but last year would be only 29 day. From all the numbers we can tell there are more homes for sale and less of them actually sold. The home prices have modestly drifted downwards. Los Altos continues to attract the qualified buyers who are looking for good schools, and the quality of life. The above data information came from the www.reil.com

If you are planning to buy or sell homes in Silicon Valley, I offer a free 45 min. consultation to cover a complete he current real estate market. You can email me GraceKeng1@gmail.com If you or someone you know is thinking of buying or selling property in Santa Clara County ( sunnyvale, Cupertino, Saratoga, Moutain View, San jose..), California please contact Grace Keng, REALTOR®.