Jacqueline Sanchez - July 2024 Market Report | Peninsula Estates
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Foster City
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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?
Icanhelp...
Contact me for a confidential, no obligation assessment of your home's value.
With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here’s some information that could help put your mind at ease by showing that investing in a home is still a powerful decision
According to the experts at Gallup, real estate has been crowned the top long-term investment for a whopping 12 years in a row. It has consistently beat out other investment types like gold, stocks, and bonds. Just take a look at the graph below – it speaks volumes:
UNLOCK YOUR DREAM HOME IN
A HIGH-RATE
MARKET
Rising interest rates have many homebuyers worried about affordability, forcing some to delay their dreams of homeownership.
Lower
PROTECT
WHAT YOU DON’T EXPECT
You can’t always see a breakdown coming, but you can plan for it with American Home Shield. Our home service plans help fix or replace covered home systems and appliances, and help you stay on budget. Protect what you don’t expect.
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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.
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
LEARN MORE
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.
amily Homes
ntory
194 Sold Listings
$1.6M Median Sale Price
6% s List
29 Avg Days on Market
MLS Listings Inc, includes all single-family homes, condos and ornia Area from June 2023 to June 2024. This may include may vary from the time the data was gathered. All data is deemed ed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.
Months of Inventory M
100.7%
Median Sale vs List Av
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 6m last June 2023, to $1 64m as of June 2024
Condos & Townhomes
The median sale price has decreased from $1 1m last June 2023, to $1m as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 25 days last June 2023, to 29 days as of June 2024
Condos & Townhomes
The average time spent on the market went down from 47 days in June 2023, to 41 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 108 6% last June 2023, to 113 6% a year later
Condos & Townhomes
The overbid percentage has increased from 100.6% last June 2023, to 100.7% a year later.
SanMateo County
What's in the San Mateo County data?
There were 533 single-family homes for sale, providing 1.5 months of inventory. There were 431 new listings, and 352 homes sold at a median price of $1.9m. The median overbid percentage was at 107 2%, with an average of 19 days on the market.
There were 269 condo and townhome units for sale, providing 2.8 months of inventory. There were 152 new listings and 97 units sold at a median sale price of $1m. The median overbid percentage was at 101.3%, with an average of 30 days on the market
SFH
Single-Family Homes
431 New Listings
352 Sold Listings
1.5 Months of Inventory
$1.9M Median Sale Price
107.2%
Median Sale vs List
19 Avg Days on Market
The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from June 2023 to June 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.
152
New Listings
97
Sold Listings
2.8
Months of Inventory
$1M
Median Sale Price
101.3%
Median Sale vs List
30
Avg Days on Market
SanMateoCounty
JUNE 2023 - JUNE 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 remained the same from $1 9m last June 2023, to $1 9m as of June 2024
Condos & Townhomes
The median sale price has increased from $975k last June 2023, to $1m as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 21 days last June 2023, to 19 days as of June 2024
Condos & Townhomes
The average time spent on the market went up from 18 days in June 2023, to 30 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 103 2% last June 2023, to 107 2% a year later
Condos & Townhomes
The overbid percentage has decreased from 102.6% last June 2023, to 101.3% a year later.
Belmont
What's in the Belmont data?
There were 14 single-family homes for sale, providing 0.8 months of inventory. There were 19 new listings, and 17 homes sold at a median price of $2.5m. The median overbid percentage was at 111.4%, with an average of 9 days on the market.
There were 4 condo and townhome units for sale, providing 0.4 months of inventory. There were 2 new listings and 9 units sold at a median sale price of $1.7m. The median overbid percentage was at 101.4%, with an average of 21 days on the market.
SFH
Single-Family Homes
19 New Listings
17 Sold Listings
0.8 Months of Inventory
$2.5M Median Sale Price
111.4%
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 June 2023 to June 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.
JUNE 2023 - JUNE 2024
amily Homes months, year-over-year. & Townhomes months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $2 2m last June 2023, to $2 5m as of June 2024
Condos & Townhomes
The median sale price has increased from $550k last June 2023, to $1 7m as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 12 days last June 2023, to 9 days as of June 2024
Condos & Townhomes
The average time spent on the market went up from 5 days in June 2023, to 21 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 104 6% last June 2023, to 111 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 110.2% last June 2023, to 101.4% a year later.
Burlingame
What's in the Burlingame data?
There were 22 single-family homes for sale, providing 1 month of inventory. There were 20 new listings, and 21 homes sold at a median price of $3.1m. The median overbid percentage was at 104.7%, with an average of 23 days on the market.
There were 7 condo and townhome units for sale, providing 3.5 months of inventory. There were 4 new listings and 2 units sold at a median sale price of $1.8m. The median overbid percentage was at 104.5%, with an average of 5 days on the market.
SFH
Single-Family Homes
20 New Listings
21 Sold Listings
1 Month of Inventory
$3.1M Median Sale Price
104.7%
Median Sale vs List
23 Avg Days on Market
The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from June 2023 to June 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
4
New Listings
2 Sold Listings
3.5
Months of Inventory
$1.8M
Median Sale Price
104.5%
Median Sale vs List
5 Avg Days on Market
JUNE 2023 - JUNE 2024
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 4m last June 2023, to $3 1m as of June 2024
Condos & Townhomes
The median sale price has increased from $1 2m last June 2023, to $1 8m as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 19 days last June 2023, to 23 days as of June 2024
Condos & Townhomes
The average time spent on the market went down from 23 days in June 2023, to 5 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 102 1% last June 2023, to 104 7% a year later
Condos & Townhomes
The overbid percentage has increased from 99.3% last June 2023, to 104.5% a year later.
DalyCity
What's in the Daly City data?
There were 36 single-family homes for sale, providing 1.1 months of inventory. There were 34 new listings, and 33 homes sold at a median price of $1.2m. The median overbid percentage was at 111.8%, with an average of 15 days on the market.
There were 13 condo and townhome units for sale, providing 1.4 months of inventory. There were 10 new listings and 9 units sold at a median sale price of $775k. The median overbid percentage was at 102.5%, with an average of 42 days on the market.
SFH
Single-Family Homes
34 New Listings
33 Sold Listings
1.1 Months of Inventory
$1.2M Median Sale Price
111.8%
Median Sale vs List
15 Avg Days on Market
The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from June 2023 to June 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.
JUNE 2023 - JUNE 2024
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 2m last June 2023, to $1 28m as of June 2024
Condos & Townhomes
The median sale price has increased from $685k last June 2023, to $775k as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 12 days last June 2023, to 15 days as of June 2024
Condos & Townhomes
The average time spent on the market went up from 21 days in June 2023, to 42 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 107 6% last June 2023, to 111 8% a year later
Condos & Townhomes
The overbid percentage has decreased from 102.9% last June 2023, to 102.5% a year later.
FosterCity
What's in the Foster City data?
There were 8 single-family homes for sale, providing 1 month of inventory. There were 12 new listings, and 8 homes sold at a median price of $2.1m. The median overbid percentage was at 104.7%, with an average of 22 days on the market.
There were 30 condo and townhome units for sale, providing 2.5 months of inventory. There were 23 new listings and 12 units sold at a median sale price of $1.3m. The median overbid percentage was at 102.2%, with an average of 15 days on the market.
Single-Family Homes
12 ew Listings
8 Sold Listings
1 Month of Inventory
$2.1M Median Sale Price
104.7%
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 June 2023 to June 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.
23
New Listings
12
Sold Listings
2.5
Months of Inventory
$1.3M
Median Sale Price
102.2%
Median Sale vs List
15 Avg Days on Market
FosterCity
JUNE 2023 - JUNE 2024
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 19m last June 2023, to $2 18m as of June 2024
Condos & Townhomes
The median sale price has increased from $1 3m last June 2023, to $1 32m as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 17 days last June 2023, to 22 days as of June 2024
Condos & Townhomes
The average time spent on the market went up from 8 days in June 2023, to 15 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 103 6% last June 2023, to 104 7% a year later
Condos & Townhomes
The overbid percentage has decreased from 108.4% last June 2023, to 102.2% a year later.
HalfM Bay
What's in the Half data?
There were 29 single-family providing 2.9 months of inve new listings, and 10 homes s of $1.7m. The median overb 101%, with an average of 55
There was 1 condo and town providing 1 month of invento listing and 1 unit sold at a m $1.1m. The median overbid p 104.9%, with an average of 7
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 Listing
1 Month of Inventory
104.9%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $2m last June 2023, to $1 7m as of June 2024
Condos & Townhomes
The median sale price has increased from $0 last June 2023, to $1 1m as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 11 days last June 2023, to 55 days as of June 2024
Condos & Townhomes
The average time spent on the market went up from 0 days in June 2023, to 7 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 101 9% last June 2023, to 101% a year later
Condos & Townhomes
The overbid percentage has increased from 0% last June 2023, to 104.9% a year later.
Hillsborough
What's in the Hillsborough data?
There were 35 single-family homes for sale, providing 8.8 months of inventory. There were 13 new listings, and 4 homes sold at a median price of $5.6m. The median overbid percentage was at 95.1%, with an average of 43 days on the market.
There was no data for condo and townhouse units for this month.
No data for this month.
No data for this month.
Median SalesPrice
Single-Family Homes
The median sale price has increased from $5 2m last June 2023, to $5 6m as of June 2024
Condos & Townhomes
No data for this month
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 32 days last June 2023, to 43 days as of June 2024
Condos & Townhomes
No data for this month
Overbids
Single-Family Homes
The overbid percentage has decreased from 99 2% last June 2023, to 95 1% a year later
Condos & Townhomes
No data for this month
Millbrae
What's in the Millbrae data?
There were 9 single-family homes for sale, providing 0.8 months of inventory. There were 11 new listings, and 12 homes sold at a median price of $2.1m. The median overbid percentage was at 111.9%, with an average of 16 days on the market.
There were 4 condo and townhome units for sale, providing 2 months of inventory. There were 5 new listings and 2 units sold at a median sale price of $875k. The median overbid percentage was at 100%, with an average of 17 days on the market.
Single-Family Homes
11
New Listings
12 Sold Listings
0.8 Months of Inventory
$2.1M Median Sale Price
111.9%
Median Sale vs List
16 Avg Days on Market
The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from June 2023 to June 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 2 Months of Inventory 100%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 8m last June 2023, to $2 1m as of June 2024
Condos & Townhomes
The median sale price has decreased from $955k last June 2023, to $875k as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 11 days last June 2023, to 16 days as of June 2024
Condos & Townhomes
The average time spent on the market went down from 21 days in June 2023, to 17 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 107 6% last June 2023, to 111 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 100.3% last June 2023, to 100% a year later.
Pacifica
What's in the Paci
There were 37 single-family h providing 1.7 months of inve new listings, and 22 homes s of $1.3m. The median overbi 106.2%, with an average of 2
There were 10 condo and tow sale, providing 5 months of in 5 new listings and 2 units so price of $759k. The median o was at 101.5%, 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.
Condo 5 New Listings 5 Months of Inventory
101.5%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 2m last June 2023, to $1 3m as of June 2024
Condos & Townhomes
The median sale price has decreased from $957k last June 2023, to $759k as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 17 days last June 2023, to 22 days as of June 2024
Condos & Townhomes
The average time spent on the market went up from 50 days in June 2023, to 75 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 102 5% last June 2023, to 106 2% a year later
Condos & Townhomes
The overbid percentage has increased from 97.5% last June 2023, to 101.5% a year later.
He-Family Homes
21 Sold Listings
1 of Inventory
$1.5M Median Sale Price
9% Sale vs List
10 Avg Days on Market
urced from MLS Listings Inc, includes all single-family homes, condos and in the California Area from June 2023 to June 2024. This may include data, and may vary from the time the data was gathered. All data is deemed not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.
New Listings
4.2
Months of Inventory 99.4%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 4m last June 2023, to $1 5m as of June 2024
Condos & Townhomes
The median sale price has decreased from $630k last June 2023, to $505k as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 9 days last June 2023, to 10 days as of June 2024
Condos & Townhomes
The average time spent on the market went up from 14 days in June 2023, to 45 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 105 9% last June 2023, to 109% a year later
Condos & Townhomes
The overbid percentage has decreased from 103.3% last June 2023, to 99.4% a year later.
SanCarlos
What's in the San Carlos data?
There were 12 single-family homes for sale, providing 0.6 months of inventory. There were 13 new listings, and 20 homes sold at a median price of $2.1m. The median overbid percentage was at 106.4%, with an average of 20 days on the market.
There were 17 condo and townhome units for sale, providing 4.3 months of inventory. There were 9 new listings and 4 units sold at a median sale price of $937k. The median overbid percentage was at 98.8%, with an average of 25 days on the market.
Single-Family Homes
13 ew Listings
20 Sold Listings
0.6 Months of Inventory
$2.1M Median Sale Price
106.4%
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 June 2023 to June 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
4.3
Months of Inventory
Median Sale Pric 98.8%
Median Sale vs List 25 Avg Days on Marke 4 Sold Listing
$937K
JUNE
2023 - JUNE 2024
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $2 3m last June 2023, to $2 1m as of June 2024
Condos & Townhomes
The median sale price has decreased from $955k last June 2023, to $937k as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 15 days last June 2023, to 20 days as of June 2024
Condos & Townhomes
The average time spent on the market went up from 14 days in June 2023, to 25 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 103 2% last June 2023, to 106 4% a year later
Condos & Townhomes
The overbid percentage has decreased from 102.6% last June 2023, to 98.8% a year later.
SanMateo
What's in the San Mateo data?
There were 38 single-family homes for sale, providing 0.7 months of inventory. There were 67 new listings, and 56 homes sold at a median price of $2m. The median overbid percentage was at 108.4%, with an average of 11 days on the market.
There were 86 condo and townhome units for sale, providing 3.1 months of inventory. There were 38 new listings and 28 units sold at a median sale price of $1m. The median overbid percentage was at 102.1%, with an average of 34 days on the market.
mily Homes
56 Sold Listings
$2M Median Sale Price
MLS Listings Inc, includes all single-family homes, condos and ornia Area from June 2023 to June 2024. This may include vary from the time the data was gathered. All data is deemed ed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated. ory
4% ist
11 Avg Days on Market
38
New Listings
28 Sold Listings
3.1
Months of Inventory $1M
Median Sale Price 102.1%
Median Sale vs List 34 Avg Days on Market
SanMateo
JUNE 2023 - JUNE 2024
LISTINGS FOR SALE SOLD LISTINGS
gle-Family Homes
t 12 months, year-over-year.
ndos & Townhomes
t 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 8m last June 2023, to $2m as of June 2024
Condos & Townhomes
The median sale price has increased from $950k last June 2023, to $1m as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 16 days last June 2023, to 11 days as of June 2024
Condos & Townhomes
The average time spent on the market went up from 18 days in June 2023, to 34 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 103 7% last June 2023, to 108 4% a year later
Condos & Townhomes
The overbid percentage has increased from 100.2% last June 2023, to 102.1% a year later.
SouthSan Francisco
What's in the South San Francisco data?
There were 22 single-family homes for sale, providing 1.3 months of inventory. There were 26 new listings, and 17 homes sold at a median price of $1.2m. The median overbid percentage was at 112%, with an average of 16 days on the market
There were 13 condo and townhome units for sale, providing 6.5 months of inventory. There were 9 new listings and 2 units sold at a median sale price of $662k. The median overbid percentage was at 97.3%, with an average of 104 days on the market.
New Listings
2 Sold Listings
6.5
Months of Inventory $662K
Median Sale Price 97.3%
Median Sale vs List 104 Avg Days on Market
SouthSanFrancisco
JUNE 2023 - JUNE 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 $1 22m last June 2023, to $1 25m as of June 2024
Condos & Townhomes
The median sale price has decreased from $794k last June 2023, to $662k as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 18 days last June 2023, to 16 days as of June 2024
Condos & Townhomes
The average time spent on the market went up from 29 days in June 2023, to 104 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 105 8% last June 2023, to 112% a year later
Condos & Townhomes
The overbid percentage has decreased from 103.1% last June 2023, to 97.3% a year later.
