1. Single-Family Home Prices: Prices for single-family homes in Silicon Valley have increased year to date, indicating a strong real estate market for this property type.

2. Condo Prices: While single-family home prices rose, condo prices showed more mixed results. San Mateo and Santa Clara experienced increases, but Santa Cruz saw a decrease in condo prices.

3. Fourth Quarter Expectations: The expectation is that home prices will remain fairly stable in the fourth quarter.

4. Active Listings: The number of active listings in Silicon Valley increased from August to September, continuing a nine-month upward trend. This could be a positive sign for the market.

5. Inventory Levels: Despite the increase in active listings, the Silicon Valley market is still 17% below last year's inventory level, indicating a continued undersupply.

 Trending Toward Balance:

• A balanced market is generally beneficial for both buyers and sellers as it allows for a more reasonable negotiation between the two parties.
• In a balanced market, home prices are less likely to experience sharp increases or decreases, creating a more stable and predictable environment.