Categories for Market Conditions

Market Update – November 2017

Peninsula Real Estate Market Report -November 2017 Summary: The arrival of fall doesn’t seem to be affecting the Peninsula real estate market at all, with prices continuing to rise while inventory levels remain at record lows. In this market, buyers need to be prepared for the fast pace and competitive landscape they will face, particularly in the lower price ranges where there is stiff competition among...

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November Peninsula Homes Update

Are you looking to buy or sell your home? I have attached a November market update for each city in the Peninsula. Let me know if you want to discuss.   Peninsula Home Updates

Market Update – October 2017

Peninsula Real Estate Market Update – October 2017 Summary: With September in the books, we’re seeing small signs that the San Mateo County real estate market is easing off the frenzied pace of this summer while remaining a strong seller’s market. Most metrics remain near record highs. Compared with last month, the average overbid % is down, inventory is up, and the average days on...

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October Peninsula Homes Update

Are you looking to buy or sell your home? I have attached an October market update for each city in the Peninsula. Let me know if you want to discuss.   Peninsula Home Updates

Market Update – September 2017

Peninsula Real Estate Market Update – September 2017 Summary: Heading into the Fall, the real estate market on the Peninsula remains a strong seller’s market. Most metrics are slightly off from July, but remain near record highs. Looking at rolling 3- or 6- month averages reduces the seasonal fluctuation of these values and shows that the real estate market continues to rise. The exceptionally robust...

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Market Update – August 2017

  Peninsula Real Estate Market Update – August 2017 The San Mateo County single family homes median sales price hit an all-time high in July, up 5.1% from last month, ending up at $1,492,500. The continued tight supply coupled with strong demand saw overbids hit 107.6%, a drop of 2.2% from last month. Condos/townhomes eased off their all time high of $850,000 in May to...

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August 2017 Peninsula Homes Update

Are you looking to buy or sell your home? I have attached an August market update for each city in the Peninsula. Let me know if you want to discuss.     Peninsula Home Updates

June 2017 Peninsula Homes Update

Are you looking to buy or sell your home? I have attached a June market update for each city in the Peninsula. Let me know if you want to discuss.   Peninsula Home Updates

Market Update – May 2017

  Peninsula Real Estate Market Update – May 2017 San Mateo County’s continued hot housing market reflects the incredibly strong full employment economy that the Bay Area and the U.S. are experiencing. Not only is unemployment in San Mateo County historically low (3.2%), but also the number of employees who are involuntarily part-time is falling and older workers are remaining in the workforce longer. The...

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Market Update – April 2017

Peninsula Real Estate Market Update – April 2017 Looking at San Mateo County’s March sales data, we continue to see strong buyer demand driving median sales prices up, and reluctant sellers keeping inventory exceptionally low. The strong sellers market conditions persist. The San Francisco – Silicon Valley economy remains very robust, but more mixed, as evidenced by a cooling in the commercial real estate leasing...

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