The Peninsula Report - 1st Quarter 2017

Page 1

The Peninsula Report 1ST QUARTER 2017


San Francisco The Peninsula Report 1ST QUARTER 2017

This marks our first report as Golden Gate Sotheby’s International Realty, launched in April 2017 as a union between Dreyfus Sotheby’s International Realty and Decker Bullock Sotheby’s International Realty of Marin. This report summarizes data for single family residences on the San Francisco Peninsula for the 1st quarter of 2017. Send feedback: e.jacobsen@goldengatesir.com

MEDIAN SALE PRICE

Peninsula

2017 Q1

2016 Q1

% CHANGE

Redwood City

$1,449,000

$1,425,000

1.7%

San Carlos

$1,800,500

$1,670,000

7.8%

Woodside

$2,212,000

$4,000,000

-44.7%

Atherton

$4,925,000

$4,600,000

7.1%

Menlo Park

$2,000,000

$2,314,000

-13.6%

Palo Alto

$2,724,000

$2,500,000

9.0%

Portola Valley

$2,588,000

$2,700,000

-4.1%

Los Altos Hills

$4,015,000

$3,660,000

9.7%

Los Altos

$2,985,000

$2,725,000

9.5%

Mountain View

$1,770,000

$1,745,000

1.4%

Montara

Moss Beach

El Granada

San San Carlos Carlos Half Moon Bay

Redwood Redwood City City

N.Fair Oaks

Emerald Hills

Atherton

East Palo Alto

Atherton

Coastside

MEDIAN SALE PRICE 2017 Q1

2016 Q1

% CHANGE

$1,070,000

$950,000

12.6%

Moss Beach

$870,000

$1,050,000

-17.1%

El Granada

$922,000

$981,500

-6.1%

Half Moon Bay

$920,525

$1,001,000

-8.0%

Montara

Palo Palo Alto Alto

Menlo Menlo Park Stanford Park Stanford

Woodside Woodside

Mountain Mountain View View Portola Portola Valley Valley

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty. Each Office is Independently Owned and Operated.

Los Los Altos Altos Hills Hills

Los Los Altos Altos


Peninsula Market Report Q1 2017

Redwood City

1305 West Selby Lane

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$1,449,000

$1,425,000

1.7%

$1,403,000

$1,335,000

5.1%

Price per Sq Ft (Avg)

$874

$861

1.5%

$856

$822

4.1%

Properties Sold

82

89

-7.9%

549

534

2.8%

New Listings

132

135

-2.2%

627

630

-0.5%

Days on Market (Avg)

20

28

-28.6%

23

21

9.5%

Months of Inventory (Avg)

1.3

1.7

-23.5%

1.2

1.2

0.0%

Redwood City

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

Central Park - 333

$1,350,000

$1,230,000

9.8%

19

19

0.0%

Clifford Heights - 337

$3,050,000

-

-

1

0

-

Cordilleras Heights - 336

$1,925,000

$1,600,000

20.3%

17

17

0.0%

$832,500

$861,000

-3.3%

10

9

11.1%

Farm Hills Estates - 335

$1,850,000

$1,612,500

14.7%

7

12

-41.7%

High School Acres - 334

$1,944,500

$1,552,500

25.2%

8

10

-20.0%

Horgan Ranch - 332

$1,576,000

$1,450,000

8.7%

16

15

6.7%

$942,500

$820,000

14.9%

4

7

-42.9%

Neighborhoods

Dumbarton - 330

Lenolt - 331

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

San Carlos

154 Garnet Avenue

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$1,800,500

$1,670,000

7.8%

$1,700,000

$1,621,500

4.8%

Price per Sq Ft (Avg)

$988

$950

4.0%

$941

$892

5.5%

Properties Sold

46

43

7.0%

268

226

18.6%

New Listings

69

57

21.1%

303

248

22.2%

Days on Market (Avg)

19

16

18.8%

19

16

18.8%

Months of Inventory (Avg)

0.8

0.9

-11.1%

0.8

0.7

14.3%

San Carlos

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

Alder Manor - 350

$1,711,000

$1,910,000

-10.4%

1

9

-88.9%

Beverly Terrace - 351

$1,950,000

$1,870,000

4.3%

17

11

54.5%

Clearfield Park - 354

$1,130,000

$1,280,000

-11.7%

3

2

50.0%

Cordes - 355

$1,750,000

$1,592,986

9.9%

13

8

62.5%

El Sereno Corte - 352

$1,823,000

$1,480,000

23.2%

8

10

-20.0%

Howard Park - 353

$1,780,000

$2,125,000

-16.2%

4

3

33.3%

Neighborhoods

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

Woodside

1250 Canada Road

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$2,212,000

$4,000,000

-44.7%

$2,650,000

$2,850,000

-7.0%

Price per Sq Ft (Avg)

$690

$1,172

-41.1%

$1,040

$1,124

-7.5%

Properties Sold

6

12

-50.0%

65

89

-27.0%

New Listings

27

27

0.0%

101

131

-22.9%

Days on Market (Avg)

71

127

-44.1%

65

56

16.1%

Months of Inventory (Avg)

9.7

7.8

24.4%

5.5

4.9

12.2%

Woodside

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

Central Woodside - 274

-

$6,800,000

-

0

5

-

Emerald Hills Area - 275

$3,015,000

$2,185,000

38.0%

1

2

-50.0%

Hidden Valley - 270

-

$5,995,000

-

0

1

-

Old La Honda Road Area - 271

-

-

-

0

0

-

$1,453,000

-

-

4

0

-

Skywood Area - 272

-

$2,230,000

-

0

1

-

Woodside Glens - 277

-

-

-

0

0

-

Woodside Heights - 278

-

$3,425,000

-

0

2

-

$2,750,000

$2,905,000

-5.3%

1

1

0.0%

Neighborhoods

Skyline Area - 273

Woodside Hills - 276

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

Atherton

83 Tuscaloosa Avenue

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$4,925,000

$4,600,000

7.1%

$6,002,500

$5,200,000

15.4%

Price per Sq Ft (Avg)

$1,487

$1,473

1.0%

$1,498

$1,413

6.0%

Properties Sold

10

13

-23.1%

66

78

-15.4%

New Listings

36

30

20.0%

105

111

-5.4%

Days on Market (Avg)

56

30

86.7%

79

43

83.7%

Months of Inventory (Avg)

6.8

10

-32.0%

7.2

5.6

28.6%

Atherton

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

Alameda to 280 - 290

$4,095,000

$9,650,000

-57.6%

1

2

-50.0%

El Camino to Alameda - 291

$5,400,000

$5,962,500

-9.4%

3

6

-50.0%

Lindenwood Area - 293

$6,675,000

$3,700,000

80.4%

1

1

0.0%

Middlefield to El Camino - 292

$4,350,000

$3,588,500

21.2%

5

4

25.0%

Neighborhoods

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

Menlo Park

375 Santa Rita Avenue

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$2,000,000

$2,314,000

-13.6%

$2,002,500

$2,036,000

-1.6%

Price per Sq Ft (Avg)

$1,197

$1,162

3.0%

$1,151

$1,127

2.1%

Properties Sold

53

59

-10.2%

292

317

-7.9%

New Listings

81

91

-11.0%

337

369

-8.7%

Days on Market (Avg)

33

24

37.5%

26

19

36.8%

Months of Inventory (Avg)

1.5

1.3

15.4%

1.4

1

40.0%

Menlo Park

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

$2,370,000

$2,550,000

-7.1%

8

5

60.0%

-

-

-

0

0

-

Central Menlo - 303

$3,550,000

$3,338,000

6.4%

7

8

-12.5%

County Area / Fair Oaks - 311

$1,350,500

$1,035,000

30.5%

10

8

25.0%

County/Alameda Area - 302

$2,575,000

$2,260,000

13.9%

7

13

-46.2%

$890,000

$940,000

-5.3%

4

9

-55.6%

-

$2,314,000

-

0

1

-

Flood Park Area - 309

$1,386,000

$1,850,000

-25.1%

4

3

33.3%

Menlo Oaks Area - 307

$1,700,000

$2,600,000

-34.6%

3

3

0.0%

Middlefield to El Camino - 305

$2,215,000

$2,750,000

-19.5%

4

1

300.0%

Sharon Heights / Stanford Hills - 301

-

$3,027,500

-

0

4

-

Willows / O'Connor Area - 308

$1,996,500

$2,732,500

-26.9%

6

4

50.0%

Neighborhoods Allied Arts / Downtown - 304 Alpine Road Area - 300

East of U.S. 101 - 310 Felton Gables - 306

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

Palo Alto

1408 Harker Avenue

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$2,724,000

$2,500,000

9.0%

$2,580,000

$2,650,000

-2.6%

Price per Sq Ft (Avg)

$1,572

$1,611

-2.4%

$1,481

$1,524

-2.8%

Properties Sold

56

62

-9.7%

375

339

10.6%

New Listings

115

127

-9.4%

458

450

1.8%

Days on Market (Avg)

24

20

20.0%

23

17

35.3%

Months of Inventory (Avg)

1.8

2

-10.0%

1.3

1.5

-13.3%

Palo Alto

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

Barron Park - 232

$2,479,000

$2,225,000

11.4%

4

1

300.0%

College - 236

$2,550,000

$2,292,500

11.2%

3

8

-62.5%

Community Center - 240

$3,425,000

$4,600,000

-25.5%

7

3

133.3%

Crescent Park - 239

$5,731,500

$3,775,000

51.8%

2

1

100.0%

Downtown Palo Alto - 242

$2,800,000

$2,650,000

5.7%

3

5

-40.0%

Green Acres - 231

$4,399,680

$2,265,000

94.2%

1

1

0.0%

Green Gables - 238

$2,600,000

$2,954,000

-12.0%

5

2

150.0%

Midtown - 234

$3,688,000

$2,500,000

47.5%

9

10

-10.0%

Old Palo Alto - 237

$7,766,312

$3,200,000

142.7%

2

7

-71.4%

Palo Alto Hills - 230

-

$3,900,000

-

0

1

-

Professorville - 241

$4,125,000

$2,279,000

81.0%

2

2

0.0%

South Palo Alto - 233

$2,450,000

$2,100,000

16.7%

14

19

-26.3%

Stanford - 243

$2,310,000

$2,375,000

-2.7%

1

2

-50.0%

Ventura - 235

$2,085,000

-

-

3

0

-

Neighborhoods

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

Portola Valley

345 Golden Oak Drive

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$2,588,000

$2,700,000

-4.1%

$2,699,000

$2,650,000

1.8%

Price per Sq Ft (Avg)

$1,006

$1,138

-11.6%

$1,031

$1,032

-0.1%

Properties Sold

13

9

44.4%

68

63

7.9%

New Listings

23

14

64.3%

94

70

34.3%

Days on Market (Avg)

34

34

0.0%

34

29

17.2%

Months of Inventory (Avg)

1.8

3.3

-45.5%

3.1

3.9

-20.5%

Portola Valley

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

Alpine / Uplands (Los Trancos) - 260

-

-

-

0

0

-

Brookside / Willowbrook Area - 262

-

$3,350,000

-

0

1

-

Central Portola Valley - 263

$3,150,000

$4,225,000

-25.4%

3

4

-25.0%

Ladera - 264

$2,505,000

$2,327,500

7.6%

7

2

250.0%

Portola Valley Ranch - 261

$2,872,500

$2,851,000

0.8%

2

1

100.0%

Santa Maria / Russell Area - 265

$1,240,000

$2,350,000

-47.2%

1

1

0.0%

Neighborhoods

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

Los Altos Hills

properties.dreyfussir.com/losaltoshills

Los Altos Hills

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$4,015,000

$3,660,000

9.7%

$3,875,000

$3,650,000

6.2%

Price per Sq Ft (Avg)

$1,142

$1,020

12.0%

$1,158

$1,181

-1.9%

Properties Sold

15

13

15.4%

101

83

21.7%

New Listings

41

46

-10.9%

138

166

-16.9%

Days on Market (Avg)

38

58

-34.5%

49

32

53.1%

Months of Inventory (Avg)

4.8

7.8

-38.5%

4.2

6.6

-36.4%

MEDIAN SALE PRICE

PROPERTIES SOLD

Neighborhoods

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

Los Altos Hills - 221

$4,015,000

$3,660,000

9.7%

15

13

15.4%

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

Los Altos

421 Guadalupe Drive

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$2,985,000

$2,725,000

9.5%

$2,740,000

$2,725,000

0.6%

Price per Sq Ft (Avg)

$1,296

$1,308

-0.9%

$1,231

$1,227

0.3%

Properties Sold

58

35

65.7%

279

281

-0.7%

New Listings

96

80

20.0%

334

321

4.0%

Days on Market (Avg)

20

10

100.0%

20

15

33.3%

Months of Inventory (Avg)

1.3

1.3

0.0%

1.3

1.0

30.0%

Los Altos

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

Country Club - 212

$3,275,000

$1,995,000

64.2%

6

1

500.0%

Highlands - 213

$2,666,500

$2,800,000

-4.8%

6

3

100.0%

North Los Altos - 211

$3,150,000

$3,000,000

5.0%

24

14

71.4%

South of El Monte - 214

$2,752,500

$2,625,000

4.9%

22

17

29.4%

Neighborhoods

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

Mountain View

505 Cypress Point Drive #208

Mountain View

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$1,770,000

$1,745,000

1.4%

$1,725,000

$1,750,000

-1.4%

Price per Sq Ft (Avg)

$1,129.00

$1,111.00

1.6%

$1,104

$1,099

0.5%

Properties Sold

46

43

7.0%

246

253

-2.8%

New Listings

57

66

-13.6%

270

283

-4.6%

Days on Market (Avg)

22

14

57.1%

20

15

33.3%

Months of Inventory (Avg)

0.9

0.9

0.0%

0.9

0.7

28.6%

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

-

-

-

0

0

-

Downtown - 207

$1,745,000

$1,710,000

2.0%

8

7

14.3%

Grant - 208

$2,164,500

$2,541,875

-14.8%

4

8

-50.0%

Miramonte - 209

$1,957,500

$1,950,000

0.4%

12

9

33.3%

North Bayshore - 202

-

-

-

0

0

-

North Shoreline - 203

$1,740,000

$1,347,000

29.2%

8

8

0.0%

-

-

-

0

0

-

San Antonio - 206

$1,460,000

$1,500,000

-2.7%

3

2

50.0%

Sylvan Dale - 201

$1,785,000

$1,682,500

6.1%

3

4

-25.0%

Thompson - 205

$1,675,000

$1,572,500

6.5%

4

4

0.0%

Whisman - 200

$1,567,500

$1,350,000

16.1%

4

1

300.0%

Neighborhoods County Area - 210

Rengstorff - 204

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

Montara

1200 Sunshine Valley Road

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$1,070,000

$950,000

12.6%

$1,053,000

$961,500

9.5%

Price per Sq Ft (Avg)

$599

$606

-1.2%

$648

$562

15.3%

Properties Sold

6

9

-33.3%

24

34

-29.4%

New Listings

11

8

37.5%

35

32

9.4%

Days on Market (Avg)

44

52

-15.4%

32

53

-39.6%

Months of Inventory (Avg)

1.4

0.8

75.0%

3.2

1.6

100.0%

Montara

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

West of Highway 1 - 640

-

$3,450,000

-

0

1

-

East of Highway 1 - 641

$1,065,000

$901,000

18.2%

5

6

-16.7%

East of Sunshine Valley Rd - 642

$2,212,000

$1,168,400

89.3%

1

2

-50.0%

Neighborhoods

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

Moss Beach

440 Virginia Avenue

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$870,000

$1,050,000

-17.1%

$1,025,000

$1,013,500

1.1%

Price per Sq Ft (Avg)

$641

$586

9.4%

$622

$588

5.8%

Properties Sold

5

5

0.0%

25

36

-30.6%

New Listings

5

6

-16.7%

33

42

-21.4%

Days on Market (Avg)

83

30

176.7%

46

26

76.9%

Months of Inventory (Avg)

3.3

2.5

32.0%

4.9

1.9

157.9%

Moss Beach

MEDIAN SALE PRICE

Neighborhoods Seal Cove - 630 West of Highway 1 - 631 Strand Area - 632 East of Highway 1 - 633 Moss Beach Heights - 634 Mobile Home Park - 635

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

-

$1,450,000

-

0

1

-

$770,000

$1,150,000

-33.0%

2

2

0.0%

-

-

-

0

0

-

$775,000

-

-

1

0

-

$1,348,750

$1,005,000

34.2%

2

2

0.0%

-

-

-

0

0

-

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

El Granada

346 Avenue Granada

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$922,000

$981,500

-6.1%

$1,011,500

$990,000

2.2%

Price per Sq Ft (Avg)

$675

607

11.2%

$574

$539

6.5%

Properties Sold

14

10

40.0%

62

51

21.6%

New Listings

24

15

60.0%

81

58

39.7%

Days on Market (Avg)

26

12

116.7%

28

20

40.0%

Months of Inventory (Avg)

1.7

1.9

-10.5%

1.9

1.7

11.8%

El Granada

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

$875,000

$1,044,000

-16.2%

9

6

50.0%

$1,050,000

$982,500

6.9%

5

2

150.0%

Princeton Harbor - 622

-

$960,000

-

0

1

-

Clipper Ridge - 623

-

$800,000

-

0

1

-

Neighborhoods Lower El Granada - 620 Highlands - 621

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q1 2017

Half Moon Bay

212 Garcia Avenue

Half Moon Bay

2017 Q1

2016 Q1

% CHANGE

PAST YEAR (4/2016 3/2017)

PRIOR YEAR (4/2015 3/2016)

% CHANGE

Sale Price (Median)

$920,525

$1,001,000

-8.0%

$1,182,500

$1,174,500

0.7%

Price per Sq Ft (Avg)

$562

$547

2.7%

$556

$556

0.0%

Properties Sold

18

17

5.9%

110

122

-9.8%

New Listings

31

38

-18.4%

132

163

-19.0%

Days on Market (Avg)

44

47

-6.4%

52

37

40.5%

Months of Inventory (Avg)

2.8

3.8

-26.3%

3.2

2.8

14.3%

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q1

2016 Q1

% CHANGE

2017 Q1

2016 Q1

% CHANGE

South of Tunitas - 600

-

-

-

0

0

-

Tunitas Creek - 601

-

-

-

0

0

-

Canada Cove - 602

-

-

-

0

0

-

Ocean Colony - 603

$1,640,000

$1,800,000

-8.9%

5

5

0.0%

-

-

-

0

0

-

Arieta Park - 605

$850,000

$958,000

-11.3%

1

3

-66.7%

Spanish Town - 606

$855,000

-

-

2

0

-

Alsace Lorraine - 607

$1,405,000

$1,085,000

29.5%

1

1

0.0%

Pilarcitos Park - 608

$1,100,000

$1,300,000

-15.4%

1

1

0.0%

$885,000

-

-

1

0

-

-

$1,032,500

-

0

2

-

$845,000

$854,000

-1.1%

3

3

0.0%

-

$989,000

-

0

1

-

$1,250,000

$918,000

36.2%

2

1

100.0%

$875,025

-

-

2

0

-

Neighborhoods

Higgins Canyon - 604

Grandview Terrace - 609 Kehoe - 610 Seahaven - 611 Frenchman's Creek - 612 Miramar - 613 Highland Park - 614

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


The Peninsula at its finest. GoldenGateSIR.com

Peninsula-2017Q1-1.1


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