Million Dollar Market Falling?

Looks like the million dollar market is starting to feel the affects of the struggling economy. Get ready to see more opportunities in the upper end. Only a month and a half into 2009 and approximately 24 new south bay and peninsula homes either in short sales or bank owned have surfaced quietly onto the market. Compare that to the 30 that I pulled in the same areas for ALL of 2008! I'm sure there are more out there that I don't have visibility to, and more to come! Take a look below at the 24 homes that came on this year. Some VERY NICE areas.

**Sampler of Listings pulled from REIL MLS in Santa Clara and San Mateo county, $1,000,000 list price and above**

900 SOUTH RD/1300000/5beds/3.5baths/3500sf/Belmont
169 LLEWELLYN AV/1050000/5beds/3baths/2801sf/Campbell
867 BRIARWOOD WY/2599000/5beds/4+baths/9000sf/Campbell
1220 KENILWORTH RD/1994900/5beds/4+baths/3700sf/Hillsborough
720 GREENVIEW PL/1695000/3beds/2.5baths/2037sf/Los Altos
13119 ESTRALITA PL/1750000/5beds/3baths/3102sf/Los Altos Hills
16040 ESCOBAR AV/1299950/3beds/3baths/2096sf/Los Gatos
655 KINGSLEY AV/2799000/5beds/4+baths/3700sf/Palo Alto
407 CAMBERLY WY/1099000/4beds/2.5baths/2470sf/Redwood City
1530 W SELBY LN/1210000/4beds/3.5baths/2740sf/Redwood City
280 OAKVIEW DR/1095000/4beds/3baths/2835sf/San Carlos
77 MADERA AV/1049000/4beds/2.5baths/2928sf/San Carlos
1682 MOUNTAIRE LN/1995000/6+beds/4+baths/6045sf/San Jose
1503 CALCO CREEK DR/1300000/4beds/3baths/2773sf/San Jose
2267 ELKHORN CT/1025000/5beds/3baths/2876sf/San Jose
1548 ROBSHEAL DR/1250000/4beds/2.5baths/3104sf/San Jose
1692 LUCCA PL/1150000/4beds/3.5baths/3486sf/San Jose
2633 CARMELLA CT/1600000/5beds/4+baths/3574sf/San Jose
3517 LA CASTELLET CT/1350000/5beds/4+baths/3718sf/San Jose
2067 DARYLVIEW CT/1320900/5beds/4+baths/3923sf/San Jose
3562 SWEIGERT RD/1399000/4beds/3.5baths/4090sf/San Jose
14805 FRUITVALE AV/1579000/4beds/2baths/2432sf/Saratoga
14190 VICTOR PL/2300000/6+beds/4+baths/6028sf/Saratoga
1582 BELLEVILLE WY/1069000/3beds/2baths/1603sf/Sunnyvale