Well, we are off to the races here in Silicon Valley...as usual...we really don't know what the market is doing till after SuperBowl...and now what we are seeing is ACTIVITY!!  Several $4M+ homes have sold in Los Gatos and Saratoga...In the <$1M market we are seeing continued activity, with multiple interests in properties that are priced correctly...the Buyers are very discerning, so Sellers:  Be advised to price agressively to prompt a quick sale...demonstrate value up front in your agressive pricing strategy to create interest...otherwise Buyers will negotiate away the difference!!  Buyers be aware that pricing is stable for the most part, expect to be able to negotiate, but, do not fool yourself into thinking you will get more than 5% less than asking...prices have stabilized...be sure to have your agent create a Competitive Market Analysis whether you are a Buyer, or  a Seller...call me if I can HELP!!!!