July Market Analysis

San Mateo County had another scorching July

In this update you’ll see how Covid-19 has impacted the housing market in San Mateo County. Spoiler Alert: It is hot!

New homes and number of sales continue to be high. Active and Pending Sales are high. Median and Average Prices remain high. Homes are selling fast, and for great prices.

There is a lot of motivation on the part of buyers. Contemplating Covid-19 effects, buyers with the means to do so are moving to dream locations, but others are moving in. Many are seeking homes that are more conducive to Shelter-In-Place and Work-From-Home conditions. Others are just taking advantage of the amazing interest rates for home mortgages. Shouldn’t you?

Call me if you have any questions about how to make these market conditions work for you. I would love to help you create your own winning strategy! 650.743.4503

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This post was written by Rumana Jabeen

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