AUGUST 2023 SAN MATEO COUNTY MARKET UPDATE

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The San Mateo County Real Estate Market Proves Resilient! According to a recent article in Palo Alto Online, San Mateo only Bay Area county to see increased sales activity compared to 2022. The article notes that “San Mateo was the only county in the region whose sales increased both year-over-year (3.4%) and month-over-month (14.8%).” Comparatively, the California Association of REALTORS (CAR) notes “sales of single-family...

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SEPTEMBER 2023 SAN MATEO COUNTY MARKET UPDATE

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State of the Economy and Our Housing Market As 2023 moves forward, this is a good time to provide some insight on the current state of the economy for California and the United States, as well as what some factors signal about the future of our housing market. We have a couple of media clips to share, and then will break down factors like unemployment,...

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BOOMERADIANCE – Your Best Life Is Waiting for You

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Free Online Seminar Series Of a certain age? Don’t miss this seminar, created just for you. We have expert guest speakers lined up to answer your most pressing questions about living your best life, in your later life. Award-winning author, life coach, and speaker, Larry Jacobson is the preeminent thought leader on how to find deeper meaning in your later years.  CHECK BACK LATER FOR...

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Meadow Heights School Supply Drive

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View this post on Instagram A post shared by Rumana Jabeen (@aspirehigher.re) My team and I will be leading an initiative on behalf of Meadow Heights Elementary School, a local target of much of my fundraising. School has just let out, it seems, and while most families are thinking about vacation, many teachers are trying to figure out how they are going to make it...

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The True Cost of Selling Your Home

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There are many expenses to consider when it comes to selling your home. These expenses may include: capital gains tax, home preparation, various fees – including commission – mortgage payoff, etc. Many of the fees are negotiable. Some sellers would like to skip certain costs, like commission, altogether. Be careful though. Homeowners who go the FSBO (For Sale by Owner) route often struggle with tasks...

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JULY 2023 SAN MATEO COUNTY MARKET UPDATE

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In this market update, we are sharing a comparison with Q2 2023 and Q1 2023 to show changes in the market over this year. Read below to see the data and our analysis of what’s happened so far in the 2023 Baya Area Real Estate Market. Median Price vs Appreciation 2023 There are many in the media and even economists who confuse median home price...

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JUNE 2023 SAN MATEO COUNTY MARKET UPDATE

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It’s not all negatives! Despite the last two months of the average selling price pulling back from months prior, our market is looking stronger than ever. Inventory is still low for this time of year, and buyer demand is strong. This is reflected in how quickly most properties are selling, and county-wide the average offer is 104% of the asking price. The Big Picture The...

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A Night Together With The Stars

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RTP Fundraiser and Thank You RTP just completed a successful fundraising event on May 11. A Night Together With The Stars was a combination “Thank You” to our generous donors, and a fundraiser to generate more capital for our multiple projects. The event was on the ‘Ohana floor of Salesforce Tower. Yes, the top floor. #61. The views were fabulous, as you can see. We...

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MAY 2023 SAN MATEO COUNTY MARKET UPDATE

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There is about 1.5 months of inventory for both single family homes and condos/townhomes. In April, sales tended to be at asking price. The median sales price for single family homes was $1.8 million, while the median for condos/townhomes was $857,000. Median is the middle number, so as many homes sold below that price as above.  To find out what your home’s true value, please...

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APRIL 2023 SAN MATEO COUNTY MARKET UPDATE

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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...

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