Alex Kononoff - November 2024 Market Report Peninsula Estates
California Area
San Francisco County
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San Mateo County
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Belmont
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Foster City
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Half Moon Bay
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Hillsborough
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Jump to Burlingame Report
Jump to Daly City Report Daly City
Jump to Millbrae Report
Jump to Pacifica Report
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 today's market?
Icanhe
Contact me for a confidential, no obligation assessment of your home's value.
IsaFixerUpperRightforYou?
Looking to buy a home but feeling like almost everything is out of reach? Here’s the thing. There’s still a way to become a homeowner, even when affordability seems like a huge roadblock – and it might be with a fixer upper. Let’s dive into why buying a fixer upper could be your ticket to homeownership and how you can make it work.
What Is a Fixer Upper?
A fixer upper is a home that’s in livable condition but needs some work. The amount of work varies by home – some may need cosmetic updates like wallpaper removal and new flooring, while others might require more extensive repairs like replacing a roof or updating plumbing.
Smart Strategies for a Mortgage Application
Avoid paying off debts or collections without professional advice.
Don't have your credit report pulled too many times - this can hurt your credit score. 3 4 5 6 1 2
Always consult your mortgage professional before making large financial moves. Use verified funds for deposits to prevent closing delays.
HomeRenovationsThatCanMakea BIG IMPACT AccordingtoExperts
Enhancing Property Value and Family Living Space with an Acton ADU
The Anenberg-Essert family in Campbell collaborated with Acton ADU to create a versatile, comfortable, and valuable addition to their property. This ADU project is a shining example of how a well-designed accessory dwelling unit can increase property value and serve a family’s unique needs.
GoalsandVision
The family envisioned an ADU that would function as an independent living space for family members, enhance their property’s worth, and provide seamless integration with the main home They wanted a space that balanced privacy with connectivity, feeling like a natural extension of their residence
Design and Construction Details
Constructed at 747 square feet, this ADU was designed with modern, high-quality finishes to serve both aesthetic and practical needs. Key features include:
Vaulted Ceilings
Creates a spacious, open atmosphere
Senior-Friendly Living
Safe, independent space for elderly family members
Fully Equipped Kitchen
Modern amenities for everyday convenience
Open Living Area
Multipurpose area for relaxation and entertainment
Results and Impact
The completion of the Anenberg-Essert ADU led to several valuable outcomes:
Increased Property Value
The ADU addition significantly boosted property value
Flexible Living Space
A versatile space for family, guests, or as a rental
Modern Comforts
High-end finishes and amenities enhance both function and style.
Enhanced Family Living
The ADU enriches the AnenbergEssert family’s home with both privacy and connection
VENDOR DIRECTORY
When it comes to home ownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.
San Francisco County
What's in the San Francisco County data?
There were 347 single-family homes for sale, providing 1.4 months of inventory. There were 278 new listings, and 242 homes sold at a median price of $1.7m. The median overbid percentage was at 112.6%, with an average of 21 days on the market.
There were 788 condo and townhome units for sale, providing 4.1 months of inventory. There were 268 new listings and 193 units sold at a median sale price of $1.2m. The median overbid percentage was at 102.2%, with an average of 47 days on the market.
SFH
Single-Family Homes
278 New Listings
242 Sold Listings
1.4 Months of Inventory
$1.7M Median Sale Price
112.6%
Median Sale vs List
21 Avg Days on Market
The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from October 2023 to October 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.
New Listings
4.1
Months of Inventory
102.2%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 6m last October 2023, to $1 7m as of October 2024
Condos & Townhomes
The median sale price has increased from $1 1m last October 2023, to $1 2m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 22 days last October 2023, to 21 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 45 days in October 2023, to 47 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 107 8% last October 2023, to 112 6% a year later
Condos & Townhomes
The overbid percentage has increased from 99.9% last October 2023, to 102.2% a year later.
SanMateo County
What's in the San Mateo County data?
There were 516 single-family homes for sale, providing 1.4 months of inventory. There were 424 new listings, and 356 homes sold at a median price of $1.9m. The median overbid percentage was at 107 9%, with an average of 28 days on the market.
There were 273 condo and townhome units for sale, providing 2.7 months of inventory. There were 143 new listings and 102 units sold at a median sale price of $877k. The median overbid percentage was at 100.6%, with an average of 33 days on the market
SFH
Single-Family Homes
424 New Listings
356 Sold Listings
1.4 Months of Inventory
$1.9M Median Sale Price
107.9%
Median Sale vs List
28 Avg Days on Market
The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from October 2023 to October 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.
143
New Listings
102 Sold Listings
2.7
Months of Inventory
100.6%
Median Sale vs List
$877K
Median Sale Price
33
Avg Days on Market
SanMateoCounty
OCTOBER 2023 - OCTOBER 2024
LISTINGS FOR SALE SOLD LISTINGS
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $1 93m last October 2023, to $1 91m as of October 2024
Condos & Townhomes
The median sale price has decreased from $910k last October 2023, to $877k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 22 days last October 2023, to 28 days as of October 2024
Condos & Townhomes
The average time spent on the market went down from 39 days in October 2023, to 33 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 103 3% last October 2023, to 107 9% a year later
Condos & Townhomes
The overbid percentage has increased from 100.5% last October 2023, to 100.6% a year later.
Belmon
What's in the Belm
There were 7 single-family ho providing 0.6 months of inve new listings, and 11 homes s of $2.4m. The median overbi 111%, with an average of 13
There were 7 condo and tow providing 2.3 months of inve new listings and 3 units sold price of $760k. The median o was at 100.2%, with an avera market.
single-family homes, condos and 2024. This may include gathered. All data is deemed Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.
Median SalesPrice
Single-Family Homes
The median sale price has increased from $2m last October 2023, to $2 4m as of October 2024
Condos & Townhomes
The median sale price has decreased from $921k last October 2023, to $760k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 20 days last October 2023, to 13 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 16 days in October 2023, to 27 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 102 7% last October 2023, to 111% a year later
Condos & Townhomes
The overbid percentage has increased from 99.3% last October 2023, to 100.2% a year later.
Burling
What's in the Burli
There were 22 single-family h providing 1.4 months of inve new listings, and 16 homes s of $2.6m. The median overbi 106.9%, with an average of 2
There was 1 condo and town providing 0.5 months of inve new listing and 2 units sold a of $747k. The median overbi 97.4%, with an average of 25
single-family homes, condos and 2024. This may include gathered. All data is deemed Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated. 6M
Condo & Townhomes
1
New Listing
2 Sold Listings
0.5
Months of Inventory
$747K
Median Sale Price 97.4%
Median Sale vs List 25 Avg Days on Market
OCTOBER 2023 - OCTOBER 2024
TINGS FOR SALE SOLD LISTINGS
Family Homes
2 months, year-over-year.
s & Townhomes
2 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $2 5m last October 2023, to $2 6m as of October 2024
Condos & Townhomes
The median sale price has decreased from $750k last October 2023, to $747k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 39 days last October 2023, to 25 days as of October 2024
Condos & Townhomes
The average time spent on the market went down from 27 days in October 2023, to 25 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 101 8% last October 2023, to 106 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 102% last October 2023, to 97.4% a year later.
DalyCity
What's in the Daly City data?
There were 27 single-family homes for sale, providing 1 month of inventory. There were 2 new listings, and 28 homes sold at a median of $1.2m. The median overbid percentage wa 137.7%, with an average of 29 days on the m
There were 21 condo and townhome units fo sale, providing 3 months of inventory. There w 9 new listings and 7 units sold at a median sa price of $810k. The median overbid percenta was at 102.3%, with an average of 47 days on market.
DalyCity
OCTOBER 2023 - OCTOBER 2024
LISTINGS FOR SALE
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 1m last October 2023, to $1 2m as of October 2024
Condos & Townhomes
The median sale price has increased from $732k last October 2023, to $810k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 18 days last October 2023, to 29 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 18 days in October 2023, to 47 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 107 4% last October 2023, to 137 7% a year later
Condos & Townhomes
The overbid percentage has decreased from 103.3% last October 2023, to 102.3% a year later.
FosterCity
What's in the Foster City data?
There were 4 single-family homes for sale, providing 0.3 months of inventory. There were 11 new listings, and 15 homes sold at a median price of $2.1m. The median overbid percentage was at 108.6%, with an average of 14 days on the market.
There were 26 condo and townhome units for sale, providing 2.2 months of inventory. There were 16 new listings and 12 units sold at a median sale price of $1.3m. The median overbid percentage was at 103%, with an average of 22 days on the market.
Single-Family Homes
11 ew Listings
15 Sold Listings
0.3 Months of Inventory
$2.1M Median Sale Price
108.6%
Median Sale vs List
14 Avg Days on Market
The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from October 2023 to October 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.
16
New Listings
12
Sold Listings
2.2
Months of Inventory
103%
Median Sale vs List
$1.3M
Median Sale Price
22
Avg Days on Market
OCTOBER 2023 - OCTOBER 2024
LISTINGS FOR SALE
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $2 3m last October 2023, to $2 1m as of October 2024
Condos & Townhomes
The median sale price has decreased from $1 4m last October 2023, to $1 3m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 10 days last October 2023, to 14 days as of October 2024
Condos & Townhomes
The average time spent on the market went down from 24 days in October 2023, to 22 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 109 7% last October 2023, to 108 6% a year later
Condos & Townhomes
The overbid percentage has increased from 101.5% last October 2023, to 103% a year later.
HalfMoon Bay
What's in the Half Moon Bay data?
There were 17 single-family homes for sale, providing 2.1 months of inventory. There were 14 new listings, and 8 homes sold at a median price of $1.4m. The median overbid percentage was at 102%, with an average of 35 days on the market
There were 4 condo and townhome units for sale, providing 4 months of inventory. There was 1 new listing and 1 unit sold at a median sale price of $901k. The median overbid percentage was at 101.3%, with an average of 10 days on the market.
Single-Family Homes
14 New Listings
8 Sold Listings
2.1 Months of Inventory
$1.4M Median Sale Price
102%
Median Sale vs List
35 Avg Days on Market
The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from October 2023 to October 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.
Listing 4 Months of Inventory
Listing
HalfMoonBay
OCTOBER 2023 - OCTOBER 2024
LISTINGS FOR SALE SOLD LISTINGS
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $1 7m last October 2023, to $1 4m as of October 2024
Condos & Townhomes
The median sale price has decreased from $922k last October 2023, to $901k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 24 days last October 2023, to 35 days as of October 2024
Condos & Townhomes
The average time spent on the market went down from 24 days in October 2023, to 10 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 99 6% last October 2023, to 102% a year later
Condos & Townhomes
The overbid percentage has increased from 98.3% last October 2023, to 101.3% a year later.
Hillsborough
What's in the Hillsborough data?
There were 34 single-family homes for sale, providing 3.4 months of inventory. There were 20 new listings, and 10 homes sold at a median price of $5.8m. The median overbid percentage was at 97.9%, with an average of 73 days on the market.
There was no data for condo and townhouse units for this month.
Single-Family Homes
20 New Listings
10 Sold Listings
3.4 Months of Inventory
$5.8M Median Sale Price
97.9%
Median Sale vs List
73 Avg Days on Market
The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from October 2023 to October 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
Condo & Townhomes
No data for this month.
illsborough
OCTOBER 2023 - OCTOBER 2024
TINGS FOR SALE SOLD LISTINGS
Family Homes
2 months, year-over-year.
No data for this month.
s & Townhomes
2 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $5 2m last October 2023, to $5 8m as of October 2024
Condos & Townhomes
No data for this month
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 33 days last October 2023, to 73 days as of October 2024
Condos & Townhomes
No data for this month
Overbids
Single-Family Homes
The overbid percentage has increased from 94 3% last October 2023, to 97 9% a year later
Condos & Townhomes
No data for this month
Millbra
What's in the Millb
There were 8 single-family ho providing 1 month of invento new listings, and 8 homes so of $2.3m. The median overbi 104%, with an average of 22
There were 3 condo and tow providing 3 months of invent listing and 1 unit sold at a me $825k. The median overbid p 118%, with an average of 13
single-family homes, condos and 2024. This may include gathered. All data is deemed Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.
1 New Listing
3 Months of Inventory
Sale Price 118% Median Sale vs List
Avg Days on Market 1 Sold Listing
OCTOBER 2023 - OCTOBER 2024
LISTINGS FOR SALE SOLD LISTINGS
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $2 2m last October 2023, to $2 3m as of October 2024
Condos & Townhomes
The median sale price has increased from $739k last October 2023, to $825k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 18 days last October 2023, to 22 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 2 days in October 2023, to 13 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 110 5% last October 2023, to 104% a year later
Condos & Townhomes
The overbid percentage has increased from 100% last October 2023, to 118% a year later.
Paci
What's in t
There were 37 s providing 1.9 mo new listings, and of $1.3m. The m 110.2%, with an
There were 10 c sale, providing 1 were 10 new list sale price of $1m was at 103.7%, w market.
Oct2024 Oct2024
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 2m last October 2023, to $1 3m as of October 2024
Condos & Townhomes
The median sale price has increased from $970k last October 2023, to $1m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 26 days last October 2023, to 22 days as of October 2024
Condos & Townhomes
The average time spent on the market went down from 59 days in October 2023, to 31 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 101 7% last October 2023, to 110 2% a year later
Condos & Townhomes
The overbid percentage has increased from 98.4% last October 2023, to 103.7% a year later.
SanBru
What's in the San
There were 30 single-family h providing 1.3 months of inve new listings, and 23 homes s of $1.4m. The median overbi 107.8%, with an average of 1
There were 14 condo and tow sale, providing 2 months of in 3 new listings and 7 units so price of $498k. The median o was at 99.5%, with an averag market.
single-family homes, condos and 2024. This may include gathered. All data is deemed Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated. 4M
New Listings
2 Months of Inventory 99.5%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $1 44m last October 2023, to $1 4m as of October 2024
Condos & Townhomes
The median sale price has decreased from $525k last October 2023, to $498k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 17 days last October 2023, to 18 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 26 days in October 2023, to 60 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 103 5% last October 2023, to 107 8% a year later
Condos & Townhomes
The overbid percentage has decreased from 101% last October 2023, to 99.5% a year later.
SanCa
What's in the San
There were 13 single-family h providing 0.4 months of inve new listings, and 31 homes s of $2.2m. The median overbi 103.4%, with an average of 1
There were 24 condo and tow sale, providing 3.4 months of were 12 new listings and 7 u sale price of $1.2m. The med percentage was at 98.8%, wi days on the market.
single-family homes, condos and 2024. This may include gathered. All data is deemed Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.
New Listings
3.4
Months of Inventory 98.8%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $2 4m last October 2023, to $2 2m as of October 2024
Condos & Townhomes
The median sale price has increased from $1 2m last October 2023, to $1 22m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 16 days last October 2023, to 15 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 14 days in October 2023, to 21 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 103 6% last October 2023, to 103 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 103.1% last October 2023, to 98.8% a year later.
SanMateo
What's in the San Mateo data?
There were 53 single-family homes for sale, providing 1 month of inventory. There were 55 new listings, and 54 homes sold at a median price of $2m. The median overbid percentage was at 106.4%, with an average of 18 days on the market.
There were 79 condo and townhome units for sale, providing 2.7 months of inventory. There were 41 new listings and 29 units sold at a median sale price of $831k. The median overbid percentage was at 99.7%, with an average of 25 days on the market.
New Listings
2.7
Months of Inventory 99.7%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has increased from $2m last October 2023, to $2 07m as of October 2024
Condos & Townhomes
The median sale price has decreased from $895k last October 2023, to $831k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 19 days last October 2023, to 18 days as of October 2024
Condos & Townhomes
The average time spent on the market went down from 77 days in October 2023, to 25 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 103% last October 2023, to 106 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 100.8% last October 2023, to 99.7% a year later.
SouthSan Francisco
What's in the South San Francisco data?
There were 21 single-family homes for sale, providing 0.7 months of inventory. There were 22 new listings, and 32 homes sold at a median price of $1.3m. The median overbid percentage was at 109 5%, with an average of 20 days on the market
There were 23 condo and townhome units for sale, providing 3.8 months of inventory. There were 14 new listings and 6 units sold at a median sale price of $799k. The median overbid percentage was at 100.5%, with an average of 52 days on the market.
Single-Family Homes
22 New Listings
32 Sold Listings
0.7 Months of Inventory
$1.3M Median Sale Price
109.5%
Median Sale vs List
20 Avg Days on Market
The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from October 2023 to October 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.
14
New Listings
6
Sold Listings
3.8
Months of Inventory
100.5%
Median Sale vs List
$799K
Median Sale Price
52
Avg Days on Market
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $1 36m last October 2023, to $1 34m as of October 2024
Condos & Townhomes
The median sale price has decreased from $825k last October 2023, to $799k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 19 days last October 2023, to 20 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 25 days in October 2023, to 52 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 104 5% last October 2023, to 109 5% a year later
Condos & Townhomes
The overbid percentage has increased from 99% last October 2023, to 100.5% a year later.
