Categories for Peninsula Homes

MLSListings Real Estate Market Update – October 2019

MLSListings Silicon Valley and Coastal Regions Single-Family Homes Market Overview What a Difference a Month Makes in Closed Sales and Inventory MLSListings Real Estate Data Shows Some Common Ground throughout Silicon Valley and the Coast Trailing real estate property data for the months that move us from summer and into fall, the counties of MLSListings showed some dramatic changes, month-over-month. All five counties — San...

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Market Update – September 2019

San Mateo County Real Estate Market Update – September 2019 Summary For the fourth straight month, both median and average sale price for single-family homes has declined slightly, while condo/townhome prices ticked up from last month. However, looking at the rolling three-month averages, overall prices relatively fairly flat. Inventory is trending upwards, but still solidly favoring sellers for both single-family homes and condos. Not surprisingly,...

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Market Update – August 2019

San Mateo County Real Estate Market Update – August 2019 Summary As we’ve been expecting, the San Mateo County market is showing signs of a continuing shift. The median sale price for both single-family homes and condos fell again last month. Inventory levels remain low for all types of properties, indicating we’re still strongly in a seller’s market. Buyer’s appetite for aggressive overbids seems to...

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Market Update – July 2019

San Mateo County Real Estate Market Update – July 2019 Summary While the San Mateo County market is still strong, it continues to be somewhat unpredictable. Inventory levels are quite low and buyer demand remains strong, but the signs are there that the market is shifting, with many negative numbers in year-over-year comparisons. Median sale price dropped significantly last month, retreating from the previous month’s...

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Market Update – June 2019

San Mateo County Real Estate Market Update – June 2019 Summary The median sale price shot up last month, hitting an all-time high for both single-family homes and condos/townhouses. The seasonal heating up of the market over the summer and continued low-interest rates have encouraged buyers to jump back into the market. While inventory levels are still climbing, they’re objectively low. This is a strong...

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