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 |
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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