April 2023 San Mateo County Market Update
Rumana Jabeen • April 16, 2023
In San Mateo County, there are 334 single family homes for sale, which equates to one month of inventory. 251 homes were sold in March, at a median sale price of $1.7M. Homes sold, on average, at asking price in 28 days. 334 new listings were added in the same period.
There is also one month inventory of condos and townhomes, 132. 98 units sold at a median price of $1M. Condos sold just slightly under asking price, and took an average of 36 days to sell.
Discover the real costs of selling a home—from inspections to renovations—and how Rumana builds a strategy tailored to each unique property.
Pocket Listings: Private Real Estate Sales on the Rise
The key to winning in this fast-moving market is preparation. Whether you’re buying or selling, having the right strategy in place will help you stand out and achieve your real estate goals.
Whether you’re buying or selling, knowing what to expect can give you a major advantage. In this blog, we break down what’s fueling this busy season and share a quick checklist to help you get ahead.
Super Commuters are not feeling so super anymore
Pricing your home correctly from the start is crucial for a quick and successful sale. Learn why overpricing can backfire and how a strategic price can attract more buyers and better offers.
2024 Year-End Success: Rumana’s Clients Celebrate Big Wins in Real Estate
Winter may be a quieter time for the real estate market, but it’s actually one of the most balanced seasons for sellers and buyers to succeed. It’s actually Rumana’s favorite market season!
Demand Math: Why a Realtor's first-hand knowledge always knows the market best
Your Simple Referral = A Chance to Win a $1,000 Ritz Carlton Gift Card! At Rumana's Realty, we believe that great service is worth sharing. That’s why we’re excited to announce our referral program, open to everyone! If you know a neighbor, loved one, or colleague who is considering buying or selling a home, Rumana is here to help them navigate the process with expertise and care.
If you’ve been hesitant to list your house because you’re worried no one’s buying, or if you’re a buyer watching the market to understand the best time to buy, here’s your sign it may be time to talk with an agent. With falling mortgage rates bringing more buyers back into the market, now is the perfect opportunity for both sellers and buyers to make a move!
