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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The Proud 16%

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Recently, CNBC spotlighted a Zillow poll in which 9/10 sellers claimed regrets over some aspect of their experience. Apparently, 84% of sellers believe they could have done better. Well, if they had chosen me as a listing agent, it’s likely they would have done better! My sellers are among that proud 16% who know they got the highest price and the best terms. Here are...

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San Mateo County Market Update-March 2023

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In February, San Mateo County had 296 Single Family Homes for sale. There were 264 new listings and a total of 176 homes sold, up from 219 new and 159 sold in January. The median sale price for homes was $2 million, compared to $1.48 million last month.  The numbers are also up for condos/townhomes. There were 138 condos and townhomes for sale in February....

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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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Amour Amour

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Valentine’s Day is a very busy day for restaurants, as you all are aware. Michael generally makes reservations for us at fancy restaurants (usually French). But sometimes, he would forget to make reservations early enough, and then have to scramble to find a place. He has always done well, but sometimes will ask… “so, what do you think of burritos this Valentine’s Day?” Um, no...

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Client Appreciation Luncheon

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I had a great time, as always, at my client appreciation party. My 2022 buyers and sellers were invited to have a fabulous lunch prepared by Mike Gunn at Vivace Ristorante in Belmont. If you haven’t been, I hope you do go soon. You might have noticed me featuring them on my Instagram and Facebook feeds recently as well. Besides a fabulous regular menu, Vivace’s...

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SAN MATEO COUNTY REAL ESTATE MARKET UPDATE-FEBRUARY 2023

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The San Mateo county real estate market has seen a decrease in the available inventory of single family homes and condos/townhomes. Only 159 homes, with a median of $1,480,000 compared to December when 248 homes sold for a median of $1,539,000. Homes stayed on the market 40 days average. The median price for condos was actually up from $825,000 in December to $862,000 in January...

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Annual Referral Contest

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Who will win $1000 to the Ritz Carlton? There is no greater honor for me than to get your referrals. I am so proud that my business is based primarily on referrals from you. I am pleased to introduce my Annual Referral Contest for 2023. I know you send referrals because you trust me to serve those who are close to you. I want to reward you for...

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San Mateo County Market Report

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January 2023 January 2023 Market Report – San Mateo San Mateo’s single-family housing market saw a decrease to a $1.5 million median sold price. There were 238 units sold and 124 new listings. The condo & townhome market declined month-over-month with 37 new listings, and 58 sales totaling approximately $819k. Buyers have remained aggressive with average offer prices remaining at around 100%. Due to only...

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