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Brendan Aiello

Your Monday Mid-Peninsula Real Estate Market Update

Good Evening Everyone,

Here are some quick statistics on how many properties sold for at or above their asking price.

In Belmont 5 of 9 properties have sold at or above the asking price.

In Burlingame 4 of 12 properties have sold at or above the asking price.

In Foster City only 1 of 7 properties have sold for at or above their asking price.

In Hillsborough no properties (of 7 properties) have sold at or above their asking price

In Redwood Shores no properties (of 1 property) have sold at or above their asking price.

In San Mateo 16 of 31 properties have sold at or above their asking price.

Of these cities the most interesting facts go to Burlingame and Hillsborough.

In Burlingame the property with the highest sales price, sold for $205,000 OVER the asking price

In Hillsborough, the property with the highest sales priced home sold for $170,000 UNDER the asking price, the median home sales price sold for $115,000 UNDER the asking price, and the lowest sales price sold for $250,000 UNDER the asking price.

Hope you enjoyed this weeks different angle at the statistics!

 

Stats From: September 20th, 2009 6:00AM

City

ACTIVE

High (List Price)

 

Median (List Price)

 

Low (List Price)

             
Belmont

52

$1,795,000

 

$942,000

 

$559,000

Burlingame

69

$3,249,000

 

$1,375,000

 

$514,900

Foster City

21

$1,550,000

 

$1,138,000

 

$849,888

Hillsborough

76

$12,999,000

 

$2,993,000

 

$889,900

Redwood Shores

16

$1,458,000

 

$1,095,000

 

$790,000

San Mateo

130

$2,495,000

 

$893,500

 

$398,000

 

 

         
Total

364

         
             
             
City

PENDING

High (List Price)

 

Median (List Price)

 

Low (List Price)

             
Belmont

24

$1,299,000

 

$797,000

 

$549,000

Burlingame

30

$3,190,000

 

$1,049,975

 

$558,000

Foster City

9

$1,319,000

 

$1,085,000

 

$798,000

Hillsborough

19

$6,988,000

 

$2,990,000

 

$1,499,000

Redwood Shores

10

$1,299,921

 

$1,024,000

 

$769,000

San Mateo

108

$2,495,000

 

$607,840

 

$375,000

             
Total

200

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

SOLD

High (Sales Price)

 

Median (Sales Price)

 

Low (Sales Price)

 

 

         
Belmont

9

$1,110,000

 

$782,000

 

$650,000

Burlingame

12

$2,200,000

 

$1,375,000

 

$988,500

Foster City

7

$1,105,000

 

$940,000

 

$810,000

Hillsborough

7

$3,125,000

 

$2,180,000

 

$1,250,000

Redwood Shores

1

$1,250,000

 

$1,250,000

 

$1,250,000

San Mateo

31

$1,760,000

 

$662,000

 

$297,000

 

 

         
Total

67

         

 

Mid-Peninsula Real Estate Chart/Graph & Statistics

 

 

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.

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Comments

One Response to “Your Monday Mid-Peninsula Real Estate Market Update”

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