May 2023 Copyright by KW Advisors 2023
Peninsula Estates area
Burlingame
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Daly City
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Foster City
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Hillsborough
Jump to Hillsborough Report
Millbrae
Jump to Millbrae Report
Pacifica
Jump to Pacifica Report
San Bruno
Jump to San Bruno Report
San Carlos
Jump to San Carlos Report
San Mateo
Jump to San Mateo Report
San Mateo County
Jump to San Mateo County Report
South San Francisco
Jump to South San Francisco Report
What’syourhome reallyworthintoday’s market?
That's really 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. At the end of the day, 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?
Contact us for a confidential, no obligation assessment of your home's value.
Wecanhelp...
HowHomeownersWinWhen TheyDownsize
Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains:
“Downsizing is somewhat common among older people and retirees who no longer have children living at home. But these days, younger people are also looking to downsize to save money on housing . . .”
And when inflation has made most things significantly more expensive, saving money where you can has a lot of appeal. So, if you’re thinking about ways to budget differently, it could be worthwhile to take your home into consideration.
When you think about cutting down on your spending, odds are you think of frequent purchases, like groceries and other goods. But when you downsize your house, you often end up downsizing the bills that come with it, like your mortgage payment, energy costs, and maintenance requirements. Realtor.com shares:
“A smaller home typically means lower bills and less upkeep. Then there’s the potential windfall that comes from selling your larger home and buying something smaller.”
That windfall is thanks to your home equity. If you’ve been in your house for a while, odds are you’ve developed a considerable amount of equity. Your home equity is an asset you can use to help you buy a home that better suits your needs today.
And when you’re ready to make a move, your team of real estate experts will be your guides through every step of the process. That includes setting the right price for your house when you sell, finding the best location and size for your next home, and understanding what you can afford at today’s mortgage rate.
What This Means for You
If you’re thinking about downsizing, ask yourself these questions:
Do the original reasons I bought my current house still stand, or have my needs changed since then?
Do I really need and want the space I have right now, or could somewhere smaller be a better fit?
What are my housing expenses right now, and how much do I want to try to save by downsizing?
Once you know the answers to these questions, meet with a real estate advisor to get an answer to this one: What are my options in the market right now? A local housing market professional can walk you through how much equity you have in your house and how it positions you to win when you downsize.
Bottom Line
If you’re looking to save money, downsizing your home could be a great help toward your goal. Talk with a real estate agent about your goals in the housing market this year.
Source: Keeping Current Matters
Burlingame
What's in the Burlingame data?
There are 42 single-family homes for sale, providing 1.5 months of inventory. There are 18 new listings, and 9 homes sold at a median sale price of $2.9m. The median overbid percentage was 96.8%, with an average of 18 days on the market.
There are 5 condo and townhome units for sale, providing 0 months of inventory There are 2 new listings, and 2 units sold at a median sale price of $1.4m. The median overbid percentage was 100%, with an average of 0 days on the market.
SFH Single-Family Homes
18 New Listings
9 Sold Listings
1.5 Months of Inventory
$2.9M Median Sale Price
96.8% Median Sale vs List
18 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in San Mateo County, San Mateo, Burlingame, Hillsborough, San Bruno, Daly City, San Carlos, Millbrae, South San Francisco, Foster City, and Pacifica sourced from Broker Metrics on May 5th. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01906450.
2
New Listings 0 Months of Inventory $1.4M Median Sale Price 100% Median Sale vs List 0 Avg Days on Market
Condo & Townhomes
2 Sold Listings CONDO
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 100 75 50 25 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 15 10 5 0 Burlingame
2022 - APRIL 2023
APRIL
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
The median sales price has decreased from $3 1m in April 2022, to $2 9m as of April 2023
Condos
The median sales price has increased from $1.1m in April 2022, to $1.4m as of April 2023.
Single-Family
The average time spent on the market increased from 9 days last April 2022, to 18 days as of April 2023
Condos
The average time spent on the market decreased from 128 days in April 2022, to 0 days as of April 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 114 2% in April 2022, to 96 8% a year later
Condos & Townhomes
The overbid percentage has decreased from 105.2% in April 2022, to 100% a year later.
April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 150 100 50 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
&
Single-Family Homes
AVGDays OntheMarket
& Townhomes
Homes
Back to Table of Contents
DalyCity
What's in the Daly City data?
There are 32 single-family homes for sale, providing 1.1 months of inventory. There are 17 new listings, and 11 homes sold at a median sale price of $1.1m. The median overbid percentage was 106.6%, with an average of 13 days on the market.
There are currently 13 condo and townhome unit for sale, providing 0 8 months of inventory There are 9 new listings, and 4 units sold at a median sale price of $700k. The median overbid percentage was 100.2%, with an average of 61 days on the market.
The data includes all single-family homes, townhome, and condominium sales in San Mateo County, San Mateo, Burlingame, Hillsborough, San Bruno, Daly City, San Carlos, Millbrae, South San Francisco, Foster City, and Pacifica sourced from Broker Metrics on May 5th. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01906450.
9 New Listings 0.8 Months of Inventory $70 Media 100.2% Median Sale vs List Avg Day S CON Condo & Town
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 80 60 40 20 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 25 20 15 10 5 0 DalyCity APRIL 2022 - APRIL 2023
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 4m in April 2022, to $1 1m as of April 2023
Condos
The median sales price has increased from $665k in April 2022, to $700k as of April 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 120 9% in April 2022, to 106 6% a year later
Condos & Townhomes
The overbid percentage has decreased from 107.6% in April 2022, to 100.2% a year later.
The average time spent on the market increased from 11 days last April 2022, to 13 days as of April 2023
The average time spent on the market increased from 16 days in April 2022, to 61 days as of April 2023
April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
AVGDays OntheMarket
Townhomes
Condos &
Single-Family Homes
Back to Table of Contents
FosterCity
What's in the Foster City data?
There are 15 single-family homes for sale, providing 2.5 months of inventory. There are 12 new listings, and 2 homes sold at a median sale price of $2.4m. The median overbid percentage was 106.9%, with an average of 8 days on the market.
There are 26 condo and townhome units for sale, providing 0 8 months of inventory There are 14 new listings, and 9 units sold at a median sale price of $930k. The median overbid percentage was 103.3%, with an average of 38 days on the market.
SFH Single-Family Homes
12 New Listings
2 Sold Listings
2.5 Months of Inventory
$2.4M Median Sale Price
106.9% Median Sale vs List
8 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in San Mateo County, San Mateo, Burlingame, Hillsborough, San Bruno, Daly City, San Carlos, Millbrae, South San Francisco, Foster City, and Pacifica sourced from Broker Metrics on May 5th. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01906450.
14 New Listings 0.8 Months of Inventory $930K Median Sale Price 103.3% Median Sale vs List 38 Avg Days on Market 9 Sold Listings CONDO Condo & Townhomes
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 40 30 20 10 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 75 50 25 0 FosterCity APRIL 2022 - APRIL 2023
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $2 7m in April 2022, to $2 4m as of April 2023
Condos
The median sales price has decreased from $1.4m in April 2022, to $930k as of April 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 117 7% in April 2022, to 106 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 111.8% in April 2022, to 103.3% a year later.
Single-Family
The average time spent on the market increased from 13 days in April 2022, to 8 days as of April 2023
Condos
The average time spent on the market increased from 13 days in April 2022, to 38 days as of April 2023
April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 50 40 30 20 10 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
&
AVGDays OntheMarket
& Townhomes
Homes
Back to Table of Contents
Hillsborough
What's in the Hillsborough data?
There are 42 single-family homes for sale, providing 5 2 months of inventory There are 14 new listings, and 7 homes sold at a median sale price of $5.5m. The median overbid percentage was 99.6%, with an average of 58 days on the market.
There are currently no condos for sale, inventory, new listings, or condo sales reported this month.
SFH Single-Family Homes
14 New Listings
7 Sold Listings
5.2 Months of Inventory
$5.5M Median Sale Price
99.6% Median Sale vs List
58 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in San Mateo County, San Mateo, Burlingame, Hillsborough, San Bruno, Daly City, San Carlos, Millbrae, South San Francisco, Foster City, and Pacifica sourced from Broker Metrics on May 5th. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01906450.
CONDO
Condo & Townhomes
No data for this month
Last
April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 60 40 20 0 100 75 50 25 0 Hillsborough APRIL 2022 - APRIL 2023 Single-Family Homes
12 months, year-over-year.
& Townhomes
Last
Condos
12 months, year-over-year LISTINGS FOR SALE SOLD LISTINGS No Data for this month
Median SalesPrice
The median sales price has decreased from $6 4m in April 2022, to $5 5m as of
Overbids
Single-Family Homes
& Townhomes
No data for this month.
Single-Family
The average days on market went up from 16 days in April 2022, to 58 days as of April 2023
April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $7,500,000 $5,000,000 $2,500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
this month.
Homes
Condos
No data for
Single-Family
April
& Townhomes
2023 AVGDays OntheMarket Condos
No data for this month Homes
Condos
Back to Table of Contents
The overbid percentage has increased from 94 9% in April 2022, to 99 6% a year later
Millbrae
What's in the Millbrae data?
There are 14 single-family homes for sale, providing 0.4 months of inventory. There are 3 new listings, and 3 homes sold at a median sale price of $2m. The median overbid percentage was 103.2%, with an average of 19 days on the market.
There are currently 5 condo and townhome units for sale, providing 1 month of inventory. There are 2 new listings, and 0 units sold at a median sale price of $0. The median overbid percentage was 0%, with an average of 23 days on the market.
SFH Single-Family Homes
3 New Listings
3 Sold Listings
0.4 Months of Inventory
$2M Median Sale Price
103.2% Median Sale vs List
19 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in San Mateo County, San Mateo, Burlingame, Hillsborough, San Bruno, Daly City, San Carlos, Millbrae, South San Francisco, Foster City, and Pacifica sourced from Broker Metrics on May 5th. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01906450.
New Listings 1 Months of Inventory $0 Median Sale Price 0% Median Sale vs List 23 Avg Days on Market 0 Sold Listings CONDO Condo & Townhomes
2
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 40 30 20 10 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 15 10 5 0 Millbrae
2022 - APRIL 2023
APRIL
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
The median sales price has decreased from $2 4m in April 2022, to $2m as of April 2023
Condos
The median sales price has decreased from $1.2m in April 2022, to $0 as of April 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 111% in April 2022, to 103 2% a year later
Condos & Townhomes
The overbid percentage has decreased from 102.4% in April 2022, to 0% a year later.
Single-Family
The average time spent on the market increased from 12 days in April 2022, to 19 days as of April 2023
Condos
The average time spent on the market decreased from 65 days in April 2022, to 23 days as of April 2023
April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
Single-Family Homes
AVGDays OntheMarket
& Townhomes
Homes
Back to Table of Contents
Pacifica
What's in the Pacifica data?
There are 38 single-family homes for sale, providing 1.6 months of inventory. There are 19 new listings, and 6 homes sold at a median sale price of $1.2m. The median overbid percentage was 104.7%, with an average of 10 days on the market.
There are currently 4 condo and townhome units for sale, providing 3 months of inventory There are 2 new listings, and 2 units sold at a median sale price of $783k. The median overbid percentage was 107%, with an average of 41 days on the market.
SFH Single-Family Homes
19 New Listings
6 Sold Listings
1.6 Months of Inventory
$1.2M Median Sale Price
104.7% Median Sale vs List
10 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in San Mateo County, San Mateo, Burlingame, Hillsborough, San Bruno, Daly City, San Carlos, Millbrae, South San Francisco, Foster City, and Pacifica sourced from Broker Metrics on May 5th. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01906450.
2
New Listings
Months of Inventory $783K Median Sale Price 107% Median Sale vs List 41 Avg Days on Market
Sold Listings CONDO Condo & Townhomes
3
2
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 75 50 25 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 15 10 5 0 Pacifica
2022 - APRIL 2023
APRIL
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 4m in April 2022, to $1 2m as of April 2023
Condos &
The median sales price has decreased from $865k in April 2022, to $783k as of April 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 114 1% in April 2022, to 104 7% a year later
Condos & Townhomes
The overbid percentage has decreased from 113.7% in April 2022, to 107% a year later.
Single-Family
The average time spent on the market decreased from 18 days in April 2022, to 10 days as of April 2023
Condos
The average time spent on the market increased from 6 days in April 2022, to 41 days as of April 2023
April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 150 100 50 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
AVGDays OntheMarket
& Townhomes
Homes
Back to Table of Contents
SanBruno
What's in the San Bruno data
There are 14 single-family homes for sale, providing 0.6 months of inventory. There are new listings, and 9 homes sold at a median s price of $1.3m. The median overbid percenta was 110.1%, with an average of 14 days on th market.
There are currently 9 condo and townhome u for sale, providing 2 months of inventory The are 6 new listings, and 5 units sold at a media sale price of $460k. The median overbid percentage was 96.4%, with an average of 41 on the market.
SFH Single-Family Homes
8 New Listings
9 Sold Listings
0.6 Months of Inventory
$1.3M Median Sale Price
110.1% Median Sale vs List
14 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in San Mateo County, San Mateo, Burlingame, Hillsborough, San Bruno, Daly City, San Carlos, Millbrae, South San Francisco, Foster City, and Pacifica sourced from Broker Metrics on May 5th. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01906450.
6 New Listings 2 Months of Inventory $46 Median S 96.4% Median Sale vs List Avg Days o Sol COND Condo & Townh
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 6m in April 2022, to $1 3m as of April 2023
Condos
The median sales price has decreased from $584k last April 2022, to $460k as of April 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 118 3% in April 2022, to 110 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 104.5% in April 2022, to 96.4% a year later.
The average time spent on market increased from 9 days last April 2022, to 14 days as of April 2023
Condos
The average time spent on the market increased from 15 days in April 2022, to 41 days as of April 2023
April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
AVGDays OntheMarket
& Townhomes
Single-Family Homes
Back to Table of Contents
SanCarlos
What's in the San Carlos data?
There are 46 single-family homes for sale, providing 1.1 months of inventory. There are 21 new listings, and 19 homes sold at a median sale price of $2.2m. The median overbid percentage was 103.3%, with an average of 12 days on the market.
There are 28 condo and townhome units for sale, providing 1 month of inventory There are 10 new listings, and 5 units sold at a median sale price of $1.5m. The median overbid percentage was 103.8%, with an average of 34 days on the market.
He-Family Homes
ngs
19 Sold Listings
1 f Inventory
$2.2M Median Sale Price
3.5% ale vs List
12 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in San Mateo County, San Mateo, Burlingame, Hillsborough, San Bruno, Daly City, San Carlos, Millbrae, South San Francisco, Foster City, and Pacifica sourced from Broker Metrics on May 5th. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01906450.
10 New Listings
5 Sold Listings
1 Months of Inventory
$1.5M Median Sale Price
103.8% Median Sale vs List
34 Avg Days on Market
CONDO Condo & Townhomes
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 75 50 25 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 50 40 30 20 10 0 SanCarlos
APRIL 2023
APRIL 2022 -
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
The median sales price has decreased from $3 3m in April 2022, to $2 2m as of April 2023
Condos
The median sales price has decreased from $1.6m in April 2022, to $1.5m as of April 2023.
Single-Family
The average time spent on the market increased from 8 days last April 2022, to 12 days as of April 2023
Condos
The average time spent on the market increased from 12 days in April 2022, to 24 days as of April 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 110 6% in April 2022, to 103 3% a year later
Condos & Townhomes
The overbid percentage has decreased from 106.8% in April 2022, to 103.8% a year later.
April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
&
Single-Family Homes
AVGDays OntheMarket
& Townhomes
Homes
Back to Table of Contents
SanMateo
What's in the San Mateo data?
There are 65 single-family homes for sale, providing 0.8 months of inventory. There are 41 new listings, and 22 homes sold at a median sale price of $2m. The median overbid percentage was 98.3%, with an average of 13 days on the market.
There are currently 83 condo and townhome units for sale, providing 2.1 months of inventory. There are 31 new listings, and 16 units sold at a median sale price of $728k. The median overbid percentage was 98.8%, with an average of 29 days on the market.
SFH Single-Family Homes
41 New Listings
22 Sold Listings
0.8 Months of Inventory
$2M Median Sale Price
98.3% Median Sale vs List
13 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in San Mateo County, San Mateo, Burlingame, Hillsborough, San Bruno, Daly City, San Carlos, Millbrae, South San Francisco, Foster City, and Pacifica sourced from Broker Metrics on May 5th. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01906450.
C
3 New List
2. Months of Inven
98.8% Median Sale vs
2022December2022January2023February2023 March2023 April2023 2022December2022January2023February2023 March2023 April2023 o y y OLD LISTINGS
Median SalesPrice
The median sales price has decreased from $2 4m in April 2022, to $2m as of April 2023
Condos
The median sales price has decreased from $1.1m in April 2022, to $728k as of April 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 114% in April 2022, to 98 3% a year later
Condos & Townhomes
The overbid percentage has decreased from 106.4% in April 2022, to 98.8% a year later.
Single-Family
The average time spent on the market increased from 11 days in April 2022, to 13 days as of April 2023
Condos
The average time spent on the market increased from 16 days in April 2022, to 29 days as of April 2023
April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 50 40 30 20 10 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
Single-Family Homes
AVGDays OntheMarket
& Townhomes
Homes
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SanMateo County
What's in the San Mateo County data?
There are 651 single-family homes for sale, providing 1.5 months of inventory. There are 331 new listings, and 193 homes sold at a median sale price of $1.9m. The median overbid percentage was 97 4%, with an average of 21 days on the market.
There are 226 condo and townhome units for sale, providing 1.6 months of inventory. There are 107 new listings, and 54 units sold at a median sale price of $857k. The median overbid percentage was 101.2%, with an average of 32 days on the market
SFH Single-Family Homes
331 New Listings
193 Sold Listings
1.5 Months of Inventory
$1.9M Median Sale Price
97.4% Median Sale vs List
21 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in San Mateo County, San Mateo , Burlingame, Hillsborough, San Bruno, Daly City, San Carlos, Millbrae, South San Francisco, Foster City, and Pacifica sourced from Broker Metrics on May 5th. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01906450.
New Listings
Months of Inventory
Median Sale Price 101.2% Median Sale vs List 32 Avg Days on Market 54 Sold Listings
Condo & Townhomes
107
1.6
$857K
CONDO
Last
Last
April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 1250 1000 750 500 250 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 400 300 200 100 0 SanMateoCounty APRIL 2022 - APRIL 2023
Homes
Single-Family
12
year-over-year.
& Townhomes
months,
Condos
year-over-year LISTINGS FOR SALE SOLD LISTINGS
12 months,
Median SalesPrice
The median sales price has decreased from $2 4m in April 2022, to $1 9m as of April 2023
Condos
The median sales price has decreased from $1.1m in April 2022, to $857k as of April 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 109 1% in April 2022, to 97 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 107.2% in April 2022, to 101.2% a year later.
Single-Family
The average time spent on the market increased from 13 days last April 2022, to 21 days as of April 2023
Condos
The average time spent on the market increased from 18 days in April 2022, to 32 days as of April 2023
April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 50 40 30 20 10 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
Single-Family Homes
AVGDays OntheMarket
& Townhomes
Homes
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SouthSan Francisco
What's in the South San Francisco data?
There are 17 single-family homes for sale, providing 1 month of inventory. There are 11 new listings, and 11 homes sold at a median sale price of $1.2m. The median overbid percentage was 106%, with an average of 9 days on the market
There are 5 condo and townhome units for sale, providing 0.7 months of inventory. There are 4 new listings, and 2 units sold at a median sale price of $1m. The median overbid percentage was 109.6%, with an average of 12 days on the market.
SFH Single-Family Homes
11 New Listings
11 Sold Listings
1 Months of Inventory
$1.2M Median Sale Price
106% Median Sale vs List
9 Avg Days on Market
The data includes all single-family homes, townhome, and condominium sales in San Mateo County, San Mateo, Burlingame, Hillsborough, San Bruno, Daly City, San Carlos, Millbrae, South San Francisco, Foster City, and Pacifica sourced from Broker Metrics on May 5th. Data from sources deemed reliable may contain errors and be subject to revision. © 2023. All rights reserved. Each Office Is Independently Owned and Operated. DRE# 01906450.
4 New Listings
2 Sold Listings
0.7 Months of Inventory
$1M Median Sale Price
109.6% Median Sale vs List
12 Avg Days on Market
CONDO Condo & Townhomes
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 80 60 40 20 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 25 20 15 10 5 0 SouthSanFrancisco APRIL 2022 - APRIL 2023
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 5m in April 2022, to $1 2m as of April 2023
Condos
The median sales price has increased from $906k in April 2022, to $1m as of April 2023.
AVGDays OntheMarket
Single-Family
The average time spent on the market decreased from 13 days in April 2022, to 9 days as of April 2023
Condos
The average time spent on the market decreased from 13 days in April 2022, to 12 days as of April 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 115 1% in April 2022, to 106% a year later
Condos & Townhomes
The overbid percentage has decreased from 106.7% in April 2022, to 109.6% a year later.
April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
&
& Townhomes
Homes
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: Jody Sievers DRE #: 02175212 Email: jody@greenesievers.com Phone: 415.305.1979 1430 Howard Avenue, San Mateo CA, 94010 KellerWilliamsPeninsulaEstates Peggy Greene DRE#: 01258794 Email: peggy@greenesievers.com Phone: 650.703.1331
