Tag Archive: Market Conditions

Market Update – May 2017

  Peninsula Real Estate Market Update – May 2017 San Mateo County’s continued hot housing market reflects the incredibly strong full employment economy that the Bay Area and the U.S. are experiencing. Not only is unemployment in San Mateo County historically low (3.2%), but also the number of employees who are involuntarily part-time is falling and older workers are remaining in the workforce longer. The...

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Market Update – April 2017

Peninsula Real Estate Market Update – April 2017 Looking at San Mateo County’s March sales data, we continue to see strong buyer demand driving median sales prices up, and reluctant sellers keeping inventory exceptionally low. The strong sellers market conditions persist. The San Francisco – Silicon Valley economy remains very robust, but more mixed, as evidenced by a cooling in the commercial real estate leasing...

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