Top
Brendan Aiello

The Monday Peninsula Real Estate Market Report

Hello Everyone,

Here are your weekly real estate stats! One interesting fact of the week is that 19 of the 41 homes in San Mateo sold for at or above the asking price.

What does this tell us…? A few things:

1. The San Mateo Real Estate Market is obviously making a rebound.

2. Some people are pricing better.

3. People are still willing to write over the asking price.

4. There are some great buys out there.


Stats From: May 31st, 2009 6:00AM

City

ACTIVE

High (List Price)

Median (List Price)

Low (List Price)

             
Belmont

46

$1,749,000

 

$949,999

 

$599,000

Burlingame

59

$2,845,000

 

$1,429,000

 

$580,000

Foster City

34

$2,290,000

 

$1,149,500

 

$845,888

Hillsborough

73

$18,000,000

 

$3,380,000

 

$1,064,000

Redwood Shores

18

$1,498,000

 

$1,113,500

 

$699,950

San Mateo

137

$2,995,000

 

$889,000

 

$367,000

 

 

         
Total

367

         
             
             
City

PENDING

High (List Price)

Median (List Price)

Low (List Price)

             
Belmont

30

$1,248,000

 

$843,500

 

$598,900

Burlingame

32

$3,298,000

 

$1,197,000

 

$599,000

Foster City

17

$1,599,000

 

$998,000

 

$790,550

Hillsborough

17

$4,684,500

 

$2,295,000

 

$1,500,000

Redwood Shores

6

$1,625,000

 

$1,168,000

 

$769,000

San Mateo

83

$2,395,000

 

$699,000

 

$375,000

             
Total

185

         
             
             
City (May C.O.E.)

SOLD

High (List Price)

Median (List Price)

Low (List Price)

 

 

         
Belmont

14

$1,300,000

 

$820,000

 

$596,000

Burlingame

14

$1,600,000

 

$1,225,000

 

$650,000

Foster City

9

$1,400,000

 

$928,000

 

$785,000

Hillsborough

8

$4,490,000

 

$2,904,000

 

$1,850,000

Redwood Shores

4

$1,080,000

 

$1,045,000

 

$1,080,000

San Mateo

41

$2,900,000

 

$745,000

 

$290,000

 

 

         
Total

90

         

Pennisula Real Estate Market Graphs and Charts

 

 

 

 

 

 

 

 

 

 

 

 

Please remember to read our webpage disclaimer, that statistics and all other information on this webpage/blog is deemed reliable, but not independently verified or guaranteed.

Be Sociable, Share!

Comments

One Response to “The Monday Peninsula Real Estate Market Report”

  1. Posts about Real Estate Market Reports as of June 2, 2009 | Real Estate Market Reports on June 2nd, 2009 9:14 am

    […] […]

Bottom