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Good News On All Statuses!

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Hey Everyone,

I have very good news this week! Compared to years past…

1.) Active Listings continue to decrease (less inventory will eventually drive prices back up).

2.) Pending Sales continue to rise!

3.) For the first time in a while, Closed Escrows/Sales are higher now than they were in 2008 at this time!

Stats From: June 7th, 2009 6:00AM

City

ACTIVE

High (List Price)

Median (List Price)

Low (List Price)

             
Belmont

49

$1,749,000

 

$958,000

 

$588,900

Burlingame

56

$3,595,000

 

$1,370,000

 

$580,000

Foster City

30

$2,290,000

 

$1,134,000

 

$845,888

Hillsborough

77

$18,000,000

 

$3,380,000

 

$999,000

Redwood Shores

18

$1,498,000

 

$1,113,500

 

$699,950

San Mateo

143

$2,995,000

 

$879,000

 

$299,000

 

 

         
Total

373

         
             
             
City

PENDING

High (List Price)

Median (List Price)

Low (List Price)

             
Belmont

32

$1,248,000

 

$834,000

 

$598,900

Burlingame

33

$3,298,000

 

$1,299,000

 

$599,000

Foster City

17

$1,599,000

 

$989,289

 

$858,000

Hillsborough

18

$4,684,500

 

$2,122,500

 

$1,500,000

Redwood Shores

3

$1,298,000

 

$1,048,000

 

$915,519

San Mateo

88

$2,395,000

 

$693,500

 

$367,000

             
Total

191

         
             
             
City (M.T.D. C.O.E.)

SOLD

High (List Price)

Median (List Price)

Low (List Price)

 

 

         
Belmont

1

$975,,000

 

$975,000

 

$975,000

Burlingame

6

$1,950,000

 

$1,236,500

 

$878,000

Foster City

5

$980,000

 

$854,000

 

$750,000

Hillsborough

2

$4,300,000

 

$3,400,000

 

$2,500,000

Redwood Shores

3

$1,650,888

 

$1,153,000

 

$710,000

San Mateo

7

$1,730,000

 

$1,025,000

 

$389,900

 

 

         
Total

24

         

Pennisula Real Estate Market Graphs and Charts

 

 

 

 

 

 

 

 

 

 

 

Please remember to read our webpage disclaimer [2], that statistics and all other information on this webpage/blog is deemed reliable, but not independently verified or guaranteed.

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