House hunting on the Peninsula this spring? Get ready for some serious competition.

Photography featured in Palo Alto Online Newspaper, April 11th, 2025

Local experts forecast plenty of qualified buyers ready – and willing – to pay above asking price

Homes with lots of rooms and space for multigenerational living, like this contemporary three-story Midpeninsula home, which offers more than 11,000 square feet of living space, including six bedroom suites and a separate accessory dwelling unit, are in demand on the Peninsula, according to local real estate experts. Photo by Matt Anello, courtesy Tom LeMieux of Compass.

Matthew Anello

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Of the Bay Area’s 10 most expensive home sales of 2024, half were in one city