Afshin Fahimi - June 2024 Market Report | Peninsula Estates

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Copyright by KW Advisors 2024 June 2024

Peninsula

Estates

San Francisco County

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San Mateo County

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Belmont

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Burlingame

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Daly City

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Foster City

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Half Moon Bay

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Hillsborough

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Jump to Millbrae Report Millbrae

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Pacifica

San Bruno

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San Carlos

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San Mateo

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South San Francisco

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What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth in today's market?

Icanhelp...

Contact me for a confidential, no obligation assessment of your home's value.

WhatToExpectifYouBuyor SellaHomeThisJune

June is a busy month in the housing market because a lot of people buy and sell this time of year. So, if you’ve got a move on your mind and you’re looking to make it happen this month, here’s a snapshot of what you need to know to make sure you’re ready.

If You’re Buying This June

A lot of homebuyers with children like to move after one school year ends and before the next one begins. That’s one reason why late spring into summer is a popular time for homes to change hands. And whether that’s a motivator for you or not, it’s important to realize more buyers are going to be looking right now – and that means you’ll want to be ready for a bit more competition. But there is a silver lining to a move this time of year. This is also when more sellers will list – so you should find you have more options. As an article from Bankrate says:

“Late spring and early summer are the busiest and most competitive time of year for the real estate market. There’s usually more inventory listed for sale than other times of year . . . This is a double-edged sword for a buyer, as you will be met with more opportunities but [also] much more competition.”

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Looking to lighten the mood in your laundry room?

EIGHTEYECATCHING

Laundry Room Colors

To Look Out For

These refreshing colors make the wash-and-dry chore a little more pleasant.

Tranquil Blue

View it here

Sage Green

View it here

Eight Colrs fo Laundry

White

View it here

Yellow

View it here

Gray

View it here

Dusty Pink

View it here

View it here

Navy Blue Purple

View it here

Create a tranquil laundry space with Benjamin Moore's Beach Glass Its light blue shade, coupled with a subtle gray undertone, offers a clean and versatile aesthetic that avoids any baby nursery associations.

Transform your space with earthy tones like October Mist and Gloucester Sage from Benjamin Moore. Test out the trendy sage in your laundry room for a lowcommitment update easy to change and customize, ensuring lasting satisfaction with your design choice.

Create an elegant laundry room with Chantilly Lace by Benjamin Moore The classic white choice adds sophistication, opens up the space, and simplifies stain detection.

Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn or Upbeat bring warmth and optimism, while Pearly White offers a mellow option a yellow-based white that brings a perfect harmony of vibrancy and calmness

Gray remains a top choice for laundry room walls, providing a timeless and serene backdrop A soft gray for a whisper of sophistication, easily personalized with printed patterned tile flooring or Behr's bold 2024 Color of the Year, Cracked Pepper.

Sherwin-Williams' Rosebud for a touch of romance in laundry rooms. The dusty pink hue, paired with gold accents, adds a luxurious and warm atmosphere

Navy as the key to a striking laundry room. Beyond lighter blues, navy paired with lighter accents or white fixtures, especially Benjamin Moore's Hale Navy, creates a bold choice that makes the laundry room stand out.

Dare to take a style risk in your laundry room with a pop of color Opt for the subtle smoky lavender of Farrow & Ball's Peignoir for a neutral touch or go all-out glam with Backdrop's dark and vampy McQueen, drawing inspiration from the famous fashion designer.

Source : https://www familyhandyman com/list/laundry-room-colors/

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WITH UNLOCKING YOUR PROPERTY’S POTENTIAL

Thinking about boosting your property value and adapting to changing family needs? An Accessory Dwelling Unit (ADU) might be your answer. A recent success story, from the Willow Glen neighborhood in San Jose, shows just how impactful the right ADU can be

Project Overview

In early 2021, a homeowner in Willow Glen partnered with Acton ADU to enhance their property value and create a flexible living space for their parents. Initially, the home was appraised at $1,450,000. The goal was to boost property value and meet their family’s housing needs.

Construction and Results

Construction of the 748-square-foot ADU began in August 2021 with a cost of $487,130 and was completed by December 2021. The new appraisal, by an appraiser affiliated with US Bank, revealed the property’s value had already jumped to an impressive $2,050,000.

Potential for Gains

After the project, the total investment was $1,937,130 and their property value increased by $112,870, resulting in a 5.8% ROI. This highlights the potential value an ADU can bring, while providing close, safe living space for their elderly parents.

Learn More and Connect with an Expert

Curious about how an ADU could enhance your property? Contact your real estate agent today and get expert guidance on understanding the benefits an ADU may bring to your family and property’s value

Reach out today

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VENDOR DIRECTORY

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San Francisco County

What's in the San Francisco County data?

There were 318 single-family homes for sale, providing 1.4 months of inventory. There were 299 new listings, and 221 homes sold at a median price of $1.7m. The median overbid percentage was at 113.8%, with an average of 22 days on the market.

There were 718 condo and townhome units for sale, providing 3.4 months of inventory. There were 353 new listings and 209 units sold at a median sale price of $1.1m. The median overbid percentage was at 102.4%, with an average of 44 days on the market.

SFH

Single-Family Homes

299 New Listings

221 Sold Listings

1.4 Months of Inventory

$1.7M Median Sale Price

113.8%

Median Sale vs List

22 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from May 2023 to May 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

Condo & Townhomes

353 New Listings

209 Sold Listings

3.4

Months of Inventory

$1.1M

Median Sale Price

102.4%

Median Sale vs List

44 Avg Days on Market

CONDO

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months,

SanFranciscoCounty MAY 2023 - MAY 2024
May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 100 200 300 400 500 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 200 400 600 800 1000
year-over-year LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 6m last May 2023, to $1 7m as of May 2024

Condos & Townhomes

The median sale price has increased from $1 15m last May 2023, to $1 19m as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 29 days last May 2023, to 22 days as of May 2024

Condos & Townhomes

The average time spent on the market went down from 57 days in May 2023, to 44 days as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 107 8% last May 2023, to 113 8% a year later

Condos & Townhomes

The overbid percentage has increased from 100.1% last May 2023, to 102.4% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 20 40 60 80 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

SanMateo County

What's in the San Mateo Cou data?

There were 549 single-family homes for sale providing 1.5 months of inventory. There we new listings, and 369 homes sold at a media price of $2.3m. The median overbid percenta was at 107 8%, with an average of 15 days o market.

There were 249 condo and townhome units sale, providing 2.1 months of inventory. Ther were 183 new listings and 117 units sold at a median sale price of $930k. The median ove percentage was at 101.4%, with an average o days on the market

He-Family Homes

573 New Listings

369 Sold Listings

1.5 Months of Inventory

$2.3M

Median Sale Price

107.8%

Median Sale vs List

15 Avg Days on Market

urced from MLS Listings Inc, includes all single-family homes, condos and the California Area from May 2023 to May 2024. This may include data, and may vary from the time the data was gathered. All data is deemed guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

183 New Listings

117 Sold Listings

2.1

Months of Inventory

$930K

Median Sale Price

101.4%

Median Sale vs List

24 Avg Days on Market

nMateoCounty
2023
MAY 2024 amily Homes months, year-over-year. & Townhomes months, year-over-year NGS FOR
SOLD LISTINGS May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 100 200 300 400 500 600 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 50 100 150 200 250
MAY
-
SALE

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 8m last May 2023, to $2 3m as of May 2024

Condos & Townhomes

The median sale price has increased from $915k last May 2023, to $930k as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 19 days last May 2023, to 15 days as of May 2024

Condos & Townhomes

The average time spent on the market remained the same from 24 days in May 2023, to 24 days as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 104 3% last May 2023, to 107 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.6% last May 2023, to 101.4% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 10 20 30 40 50 60 70 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Belm

What's in the

There were 11 single providing 0.6 month new listings, and 20 of $2.5m. The media 109.3%, with an aver

There were 11 cond sale, providing 5.5 m were 10 new listings sale price of $2m. T was at 98.8%, with a market.

26 New Listings

20 Sold Listings

0.6 Months of Inventory

$2.5M Median Sale Price

109.3% Median Sale vs List

17 Avg Days on Market

all single-family homes, condos and 2023 to May 2024. This may include data was gathered. All data is deemed Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

es

10 New Listings

2 Sold Listings

5.5

Months of Inventory $2M Median Sale Price 98.8%

Median Sale vs List

36 Avg Days on Market

C
, y y OLD LISTINGS May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 2 4 6 8 10 12

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 2m last May 2023, to $2 5m as of May 2024

Condos & Townhomes

The median sale price has increased from $550k last May 2023, to $2m as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 18 days last May 2023, to 17 days as of May 2024

Condos & Townhomes

The average time spent on the market went up from 17 days in May 2023, to 36 days as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 7% last May 2023, to 109 3% a year later

Condos & Townhomes

The overbid percentage has increased from 96.7% last May 2023, to 98.8% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 20 40 60 80 100 120 140 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Burli

What's in the

There were 26 single providing 1.4 months new listings, and 18 h of $2.9m. The media 106.3%, with an avera

There were 9 condo a providing 1.5 months new listings and 6 un price of $1.3m. The m was at 99.2%, with an market.

35 New Listings

18 Sold Listings

1.4 Months of Inventory

$2.9M Median Sale Price

106.3% Median Sale vs List

16 Avg Days on Market

single-family homes, condos and to May 2024. This may include was gathered. All data is deemed KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

s

Condo & Townhomes

10 New Listings

6 Sold Listings

1.5

Months of Inventory

$1.3M

Median Sale Price 99.2%

Median Sale vs List

17 Avg Days on Market

CONDO
Single-Family Homes Last 12 months, year-over-year.
& Townhomes Last 12 months, year-over-year LISTINGS FOR SALE SOLD LISTINGS May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20 25 30 35 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 2 4 6 8 10
Burlingame MAY 2023 - MAY 2024
Condos

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 7m last May 2023, to $2 9m as of May 2024

Condos & Townhomes

The median sale price has decreased from $1 35m last May 2023, to $1 32m as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 12 days last May 2023, to 16 days as of May 2024

Condos & Townhomes

The average time spent on the market went up from 13 days in May 2023, to 17 days as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 9% last May 2023, to 106 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 104.3% last May 2023, to 99.2% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 10 20 30 40 50 60 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

gle-Family Homes

51 New Listings

26 Sold Listings

1.7 Months of Inventory

$1.2M Median Sale Price

108% Median Sale vs List

17 Avg Days on Market

ta, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from May 2023 to May 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

FH

16

New Listings

8 Sold Listings

1.6

Months of Inventory

$646K

Median Sale Price

101.8%

Median Sale vs List

14 Avg Days on Market

C
, y y OLD LISTINGS May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 10 20 30 40 50 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20 25 30

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 22m last May 2023, to $1 26m as of May 2024

Condos & Townhomes

The median sale price has decreased from $664k last May 2023, to $646k as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 10 days last May 2023, to 17 days as of May 2024

Condos & Townhomes

The average time spent on the market went down from 42 days in May 2023, to 14 days as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 109 2% last May 2023, to 108% a year later

Condos & Townhomes

The overbid percentage has decreased from 104% last May 2023, to 101.8% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 10 20 30 40 50 60 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

FosterCity

What's in the Foster City data?

There were 7 single-family homes for sale, providing 0.4 months of inventory. There were 13 new listings, and 17 homes sold at a median price of $2.5m. The median overbid percentage was at 105.9%, with an average of 9 days on the market.

There were 25 condo and townhome units for sale, providing 2.5 months of inventory. There were 21 new listings and 10 units sold at a median sale price of $1.4m. The median overbid percentage was at 103.4%, with an average of 15 days on the market.

Single-Family Homes

13 New Listings

17 Sold Listings

0.4 Months of Inventory

$2.5M Median Sale Price

105.9%

Median Sale vs List

9 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from May 2023 to May 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

SFH

Condo & Townhomes

21 New Listings

10 Sold Listings

2.5

Months of Inventory

$1.4M

Median Sale Price

103.4%

Median Sale vs List

15 Avg Days on Market

CONDO

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

FosterCity MAY 2023 - MAY 2024
SOLD LISTINGS May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20 25 30
LISTINGS FOR SALE

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 2m last May 2023, to $2 5m as of May 2024

Condos & Townhomes

The median sale price has increased from $1 3m last May 2023, to $1 4m as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 11 days last May 2023, to 9 days as of May 2024

Condos & Townhomes

The average time spent on the market went down from 37 days in May 2023, to 15 days as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 105% last May 2023, to 105 9% a year later

Condos & Townhomes

The overbid percentage has remained the same from 103.4% last May 2023, to 103.4% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 10 20 30 40 50 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

HalfMoon Bay

What's in the Half Moon Bay data?

There were 32 single-family homes for sale, providing 4.6 months of inventory. There were 16 new listings, and 7 homes sold at a median price of $2.1m. The median overbid percentage was at 102 6%, with an average of 18 days on the market

There were 2 condo and townhome units for sale, providing 1 month of inventory. There were 2 new listings and 2 units sold at a median sale price of $670k. The median overbid percentage was at 101.4%, with an average of 1 day on the market.

Single-Family Homes

16 New Listings

7 Sold Listings

4.6 Months of Inventory

$2.1M Median Sale Price

102.6%

Median Sale vs List

18 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from May 2023 to May 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

SFH

Condo & Townhomes

2 New Listings

2 Sold Listings

1 Month of Inventory

$670K

Median Sale Price

101.4%

Median Sale vs List

1 Avg Day on Market

CONDO

HalfMoonBay

MAY 2023 - MAY 2024

LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20 25 30 35 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 1 2 3 4
SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 6m last May 2023, to $2 1m as of May 2024

Condos & Townhomes

The median sale price has decreased from $717k last May 2023, to $670k as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 48 days last May 2023, to 18 days as of May 2024

Condos & Townhomes

The average time spent on the market went down from 26 days in May 2023, to 1 day as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 97 7% last May 2023, to 102 6% a year later

Condos & Townhomes

The overbid percentage has increased from 99.4% last May 2023, to 101.4% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 20 40 60 80 100 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000% 14000%

Hillsborough

What's in the Hillsborough data?

There were 35 single-family homes for sale, providing 3.9 months of inventory. There were 21 new listings, and 13 homes sold at a median price of $5.7m. The median overbid percentage was at 101.8%, with an average of 37 days on the market.

There was no data for condo and townhouse units for this month.

Single-Family Homes

21 New Listings

13 Sold Listings

3.9 Months of Inventory

$5.7M Median Sale Price

101.8%

Median Sale vs List

37 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from May 2023 to May 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

SFH

CONDO

Condo & Townhomes

No data for this month.

Hillsborough

MAY 2023 - MAY 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

No data for this month.

Condos & Townhomes

Last 12 months, year-over-year

May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 10 20 30 40 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 20 40 60 80 100

Median SalesPrice

Single-Family Homes

The median sale price has increased from $4 7m last May 2023, to $5 7m as of May 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 118 days last May 2023, to 37 days as of May 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has increased from 98 9% last May 2023, to 101 8% a year later

Condos & Townhomes

No data for this month

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 20 40 60 80 100 120 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Millb

What's in the

There were 9 single-fa providing 1 month of i new listings, and 9 ho of $1.9m. The median 115.4%, with an avera

There were 3 condo a providing 0.8 months new listings and 4 uni price of $890k. The m was at 100.6%, with a market.

18 New Listings

9 Sold Listings

1 Month of Inventory

$1.9M Median Sale Price

115.4% Median Sale vs List

s single-family homes, condos and to May 2024. This may include was gathered. All data is deemed Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

9 Avg Days on Market

Condo & Townhomes

4 New Listings

4 Sold Listings

0.8

Months of Inventory

$890K

Median Sale Price

100.6%

Median Sale vs List

42 Avg Days on Market

CONDO

MAY 2023 - MAY 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Millbrae
May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 1 2 3 4 5 6

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2m last May 2023, to $1 9m as of May 2024

Condos & Townhomes

The median sale price has decreased from $1m last May 2023, to $890k as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 24 days last May 2023, to 9 days as of May 2024

Condos & Townhomes

The average time spent on the market went down from 51 days in May 2023, to 42 days as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106% last May 2023, to 115 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 104.4% last May 2023, to 100.6% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 20 40 60 80 100 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Pacifi

What's in the

There were 39 singleproviding 2.3 months new listings, and 17 h of $1.3m. The median 104.1%, with an avera

There were 10 condo sale, providing 1.7 mo were 4 new listings an sale price of $792k. T percentage was at 10 days on the market.

40 New Listings

17 Sold Listings

2.3 Months of Inventory

$1.3M Median Sale Price

104.1% Median Sale vs List

s single-family homes, condos and to May 2024. This may include was gathered. All data is deemed Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

10 Avg Days on Market

Condo & Townhomes

4 New Listings

6 Sold Listings

1.7

Months of Inventory

$792K

Median Sale Price

100.6%

Median Sale vs List

32 Avg Days on Market

CONDO

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Pacifica MAY 2023 - MAY 2024
May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 10 20 30 40 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 34m last May 2023, to $1 30m as of May 2024

Condos & Townhomes

The median sale price has decreased from $917k last May 2023, to $792k as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 16 days last May 2023, to 10 days as of May 2024

Condos & Townhomes

The average time spent on the market went up from 25 days in May 2023, to 32 days as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 105 9% last May 2023, to 104 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.1% last May 2023, to 100.6% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 20 40 60 80 100 120 140 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

SanB

What's in the

There were 15 singleproviding 1 month of new listings, and 15 h of $1.5m. The median 108.8%, with an avera

There were 15 condo sale, providing 2.5 mo were 13 new listings a sale price of $497k. T percentage was at 99 days on the market.

33 New Listings

15 Sold Listings

1 Month of Inventory

$1.5M Median Sale Price

108.8% Median Sale vs List

s single-family homes, condos and to May 2024. This may include was gathered. All data is deemed Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

10 Avg Days on Market

Condo & Tow

13 New Listings

6 Sold Listings

2.5

Months of Inventory $497K

Median Sale Price 99.2%

Median Sale vs List

26 Avg Days on Market

CON
y y May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20 25 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20 25

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 53m last May 2023, to $1 50m as of May 2024

Condos & Townhomes

The median sale price has decreased from $510k last May 2023, to $497k as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 19 days last May 2023, to 10 days as of May 2024

Condos & Townhomes

The average time spent on the market went up from 18 days in May 2023, to 26 days as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 8% last May 2023, to 108 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.6% last May 2023, to 99.2% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 20 40 60 80 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Sa

What's

There we providing new listin of $2.6m 110.6%, w There we sale, prov were 13 n sale price percentag days on t

29 New Listings

26 Sold Listings

0.7 Months of Inventory

$2.6M Median Sale Price

110.6% Median Sale vs List

12 Avg Days on Market

condos and may include data is deemed Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

Condo & Townhomes

13

New Listings

6 Sold Listings

2.7

Months of Inventory

$940K

Median Sale Price

103%

Median Sale vs List

21 Avg Days on Market

CONDO
MAY
MAY
Homes
12 months, year-over-year.
LISTINGS
SOLD LISTINGS May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 10 20 30 40 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20 25
SanCarlos
2023 -
2024 Single-Family
Last
Condos & Townhomes Last 12 months, year-over-year
FOR SALE

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 3m last May 2023, to $2 6m as of May 2024

Condos & Townhomes

The median sale price has increased from $884k last May 2023, to $940k as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 12 days last May 2023, to 12 days as of May 2024

Condos & Townhomes

The average time spent on the market went up from 12 days in May 2023, to 21 days as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 105% last May 2023, to 110 6% a year later

Condos & Townhomes

The overbid percentage has increased from 99.7% last May 2023, to 103% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 50 100 150 200 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

SanMateo

What's in the San Mateo data?

There were 42 single-family homes for sale, providing 0.7 months of inventory. There were 78 new listings, and 58 homes sold at a median price of $2.2m. The median overbid percentage was at 110.5%, with an average of 9 days on the market.

There were 79 condo and townhome units for sale, providing 3.2 months of inventory. There were 40 new listings and 25 units sold at a median sale price of $988k. The median overbid percentage was at 103.7%, with an average of 14 days on the market.

Single-Family Homes

78 New Listings

58 Sold Listings

0.7 Months of Inventory

$2.2M Median Sale Price

110.5%

Median Sale vs List

9 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from May 2023 to May 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

SFH

Condo & Townhomes

40 New Listings

25 Sold Listings

CONDO
3.2 Months of Inventory $998K Median Sale Price 103.7% Median Sale vs List 14 Avg Days on Market

SanMateo

MAY 2023 - MAY 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 10 20 30 40 50 60 70 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 20 40 60 80

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 9m last May 2023, to $2 2m as of May 2024

Condos & Townhomes

The median sale price has increased from $862k last May 2023, to $988k as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 9 days last May 2023, to 9 days as of May 2024

Condos & Townhomes

The average time spent on the market went down from 22 days in May 2023, to 14 days as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 4% last May 2023, to 110 5% a year later

Condos & Townhomes

The overbid percentage has increased from 102.1% last May 2023, to 103.7% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 20 40 60 80 100 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

SouthSan Francisco

What's in the South San Francisco data?

There were 20 single-family homes for sale, providing 1 month of inventory. There were 29 new listings, and 21 homes sold at a median pric of $1.3m. The median overbid percentage was at 112 6%, with an average of 8 days on the market

There were 13 condo and townhome units for sale, providing 1.1 months of inventory. There were 10 new listings and 12 units sold at a media sale price of $782k. The median overbid percentage was at 101.1%, with an average of 39 days on the market.

29 New Listings

21 Sold Listings

1 Month of Inventory

$1.3M Median Sale Price

112.6%

Median Sale vs List

8 Avg Days on Market

10

New Listings

12 Sold Listings

1.1

Months of Inventory

$782K

Median Sale Price

101.1%

Median Sale vs List

39 Avg Days on Market

C
, y y OLD LISTINGS May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20 25 30 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2024 0 5 10 15 20
Francisco

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 2m last May 2023, to $1 3m as of May 2024

Condos & Townhomes

The median sale price has remained the same from $782k last May 2023, to $782k as of May 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 16 days last May 2023, to 8 days as of May 2024

Condos & Townhomes

The average time spent on the market went up from 8 days in May 2023, to 39 days as of May 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 1% last May 2023, to 112 6% a year later

Condos & Townhomes

The overbid percentage has decreased from 107.7% last May 2023, to 101.1% a year later.

Back to Table of Contents May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024May2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024May2024 0 20 40 60 80 May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024May2024 000% 2000% 4000% 6000% 8000% 10000% 12000%
1430 Howard Avenue, Burlingame, CA 94010 KellerWilliamsPeninsulaEstates Afshin Fahimi Realtor® DRE #02028626 (510) 798-8297 Afshin@BerriRealEstate.com www HomesByAfshin com

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