Kulda Group - September 2024 Market Report | Peninsula Estates

Page 1


Peninsula Estates

San Francisco County

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San Mateo County

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Belmont

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Jump to Burlingame Report Burlingame

Jump to Daly City Report Daly City

Foster City

Jump to Foster City Report

Half Moon Bay

Jump to Half Moon Bay Report

Hillsborough

Jump to Hillsborough Report

Jump to Millbrae Report

Jump to Pacifica Report

San Bruno

Jump to San Bruno Report

San Carlos

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San Mateo

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South San Francisco

Jump to South San Francisco Report

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.

TheLifestyleFactorsThatCould TiptheScale

Are you on the fence about whether to sell your house now or hold off? It’s a common dilemma, but here’s a key point to consider: your lifestyle might be the biggest factor in your decision. While financial aspects are important, sometimes the personal motivations for moving are reason enough to make the leap sooner rather than later.

An annual report from the National Association of Realtors (NAR) offers insight into why homeowners like you chose to sell. All of the top reasons are related to life changes. As the graph below highlights:

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.

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.

CLICK HERE TO WATCH THE VIDEO

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/

AVOID ADU NIGHTMARES:

Hire the Right Partner

Adding an Accessory Dwelling Unit (ADU) boosts your property value and adds living space. Choose the right partner to ensure your project is smooth and successful.

Choose Expertise Over Inexperience

Building an ADU needs more than construction skills; it requires knowledge of local rules and design. Trust Acton ADU's expertise to avoid mistakes and ensure a seamless process.

Verify

Your ADU Partner’s Credentials

Check that your contractor knows ADU design and local rules to avoid errors. Choose someone with a strong track record in ADU projects.

Conduct Thorough Site Assessments

Not every property suits ADUs. Use experts for site assessments to avoid costly mistakes.

Put Your Trust in The Right Company

Acton ADU has been successfully helping homeowners achieve their property goals for over 35 years. Making the wrong choice in the ADU market can lead to serious financial setbacks. ADUs aren't always ways, but Acton ADU can make it feel that way.

START YOUR ADU PROJECT RIGHT

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 223 single-family homes for sale, providing 1.4 months of inventory. There were 202 new listings, and 160 homes sold at a median price of $1.5m. The median overbid percentage was at 111.1%, with an average of 31 days on the market.

There were 607 condo and townhome units for sale, providing 3.8 months of inventory. There were 249 new listings and 158 units sold at a median sale price of $1m. The median overbid percentage was at 99.7%, with an average of 60 days on the market.

SFH

Single-Family Homes

202 New Listings

160 Sold Listings

1.4 Months of Inventory

$1.5M Median Sale Price

111.1%

Median Sale vs List

31 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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

249

New Listings

158 Sold Listings

3.8

Months of Inventory

$1M

Median Sale Price 99.7%

Median Sale vs List 60 Avg Days on Market

SanFranciscoCounty

AUGUST 2023 - AUGUST 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 57m last August 2023, to $1 53m as of August 2024

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 34 days last August 2023, to 31 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 54 days in August 2023, to 60 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 107 2% last August 2023, to 111 1% a year later

Condos & Townhomes

The overbid percentage has increased from 99.4% last August 2023, to 99.7% a year later.

SanMateo County

What's in the San Mateo Cou data?

There were 528 single-family homes for sale providing 1.6 months of inventory. There we new listings, and 329 homes sold at a media price of $1.7m. The median overbid percenta was at 105 2%, with an average of 24 days o market.

There were 249 condo and townhome units sale, providing 2.5 months of inventory. Ther were 149 new listings and 98 units sold at a median sale price of $910k. The median ove percentage was at 100.8%, with an average o days on the market

4 ngs

6 f Inventory

Homes

329 Sold Listings

$1.7M Median Sale Price

5.2% ale vs List

24 Avg Days on Market

urced from MLS Listings Inc, includes all single-family homes, condos and the California Area from August 2023 to August 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.

AUGUST 2023 - AUGUST 2024

NGS FOR SALE SOLD LISTINGS

amily Homes months, year-over-year. & Townhomes months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 785m last August 2023, to $1 78m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1m last August 2023, to $910k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 27 days last August 2023, to 24 days as of August 2024

Condos & Townhomes

The average time spent on the market went down from 45 days in August 2023, to 36 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 3% last August 2023, to 105 2% a year later

Condos & Townhomes

The overbid percentage has increased from 100.6% last August 2023, to 100.8% a year later.

Belm

What's in the

There were 14 single providing 1.8 month new listings, and 8 h of $2.2m. The media 106.6%, with an aver

There were 8 condo providing 4 months new listings and 2 u price of $655k. The was at 101.3%, with market.

8 d Listings

$2.2M dian Sale Price

10 g Days on Market

all single-family homes, condos and 2023 to August 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.

Months of Inven 101.3%

Median Sale vs

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has decreased from $1 2m last August 2023, to $655k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 18 days last August 2023, to 10 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 28 days in August 2023, to 58 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 109 2% last August 2023, to 106 6% a year later

Condos

& Townhomes

The overbid percentage has decreased from 107.6% last August 2023, to 101.3% a year later.

Burli

What's in the

There were 19 single providing 1.7 months new listings, and 11 h of $2.6m. The media 101.7%, with an avera

There were 3 condo a providing 1.5 months new listings and 2 un price of $961k. The m was at 96.2%, with an market.

1 istings

single-family homes, condos and to August 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

2.6M n Sale Price

5 ays on Market

Condo & Townhomes

2

New Listings

2 Sold Listings

1.5

Months of Inventory

$961K

Median Sale Price 96.2%

Median Sale vs List

48 Avg Days on Market

AUGUST 2023 - AUGUST 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 $2 8m last August 2023, to $2 6m as of August 2024

Condos & Townhomes

The median sale price has increased from $926k last August 2023, to $961k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 17 days last August 2023, to 25 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 15 days in August 2023, to 48 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 101 6% last August 2023, to 101 7% a year later

Condos & Townhomes

The overbid percentage has remained the same from 96.2% last August 2023, to 96.2% a year later.

gle-Family Homes

2 Listings

33 Sold Listings

.9 hs of Inventory

$1.1M Median Sale Price

07.4% an Sale vs List

25 Avg Days on Market

ta, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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.

1 New List 5. Months of Inven 99.4%

Median Sale vs

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 15m last August 2023, to $1 11m as of August 2024

Condos & Townhomes

The median sale price has increased from $690k last August 2023, to $700k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 15 days last August 2023, to 25 days as of August 2024

Condos & Townhomes

The average time spent on the market went down from 49 days in August 2023, to 24 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 110% last August 2023, to 107 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.6% last August 2023, to 99.4% a year later.

FosterCity

What's in the Foster City data?

There were 9 single-family homes for sale, providing 0.8 months of inventory. There were 8 new listings, and 11 homes sold at a median price of $2.3m. The median overbid percentage was at 106%, with an average of 17 days on the market.

There were 27 condo and townhome units for sale, providing 1.7 months of inventory. There were 23 new listings and 16 units sold at a median sale price of $1.2m. The median overbid percentage was at 103.4%, with an average of 33 days on the market.

Single-Family Homes

8 New Listings

11 Sold Listings

0.8 Months of Inventory

$2.3M

Median Sale Price

106%

Median Sale vs List

17 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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

16 Sold Listings

1.7

Months of Inventory

$1.2M

Median Sale Price

103.4%

Median Sale vs List

33 Avg Days on Market

AUGUST 2023 - AUGUST 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 5m last August 2023, to $2 3m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1 4m last August 2023, to $1 2m as of August 2024

AVGDays OntheMarket

Single-Family Homes

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

Condos & Townhomes

The average time spent on the market went up from 14 days in August 2023, to 33 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 6% last August 2023, to 106% a year later

Condos & Townhomes

The overbid percentage has decreased from 103.7% last August 2023, to 103.4% a year later.

HalfMoon Bay

What's in the Half Moon Bay data?

There were 24 single-family homes for sale, providing 4.8 months of inventory. There were 13 new listings, and 5 homes sold at a median price of $2.8m. The median overbid percentage was at 96 1%, with an average of 132 days on the market

There were 3 condo and townhome units for sale, providing 0 months of inventory. There were 5 new listings and 0 unit sold at a median sale price of $705k. The median overbid percentage was at 0%, with an average of 28 days on the market.

Single-Family Homes

13 New Listings

5 Sold Listings

4.8 Months of Inventory

$2.8M Median Sale Price

96.1%

Median Sale vs List

132 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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.

Listings

Months of Inventory

Sold Listings

Median Sale vs List

Median Sale Price

HalfMoonBay

AUGUST 2023 - AUGUST 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 $2 9m last August 2023, to $2 8m as of August 2024

Condos & Townhomes

The median sale price has increased from $0 last August 2023, to $705k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 0 days last August 2023, to 132 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 0 days in August 2023, to 28 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100% last August 2023, to 96 1% a year later

Condos & Townhomes

The overbid percentage has remained the same from 0% last August 2023, to 0% a year later.

Hillsborough

What's in the Hillsborough data?

There were 31 single-family homes for sale, providing 4.4 months of inventory. There were 9 new listings, and 7 homes sold at a median price of $4.4m. The median overbid percentage was at 104.4%, with an average of 41 days on the market.

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

Single-Family Homes

9

New Listings

7 Sold Listings

4.4 Months of Inventory

$4.4M Median Sale Price

104.4%

Median Sale vs List

41 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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.

Hillsborough

AUGUST 2023 - AUGUST 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

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $6 5m last August 2023, to $4 4m as of August 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 28 days last August 2023, to 41 days as of August 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has increased from 96 8% last August 2023, to 104 4% a year later

Condos & Townhomes

No data for this month

Millb

What's in the

There were 13 singleproviding 1.1 months new listings, and 12 h of $2.2m. The median 110.2%, with an avera

There were 5 condo a providing 2.5 months new listings and 2 uni price of $1m. The med at 109.3%, with an ave market.

2 Listings

s single-family homes, condos and to August 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.

2.2M an Sale Price

8 Days on Market

3

New Listings

& Townhomes

2 Sold Listings

2.5

Months of Inventory

$1M

Median Sale Price 109.3%

Median Sale vs List 35 Avg Days on Market

AUGUST 2023 - AUGUST 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 9m last August 2023, to $2 2m as of August 2024

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 19 days last August 2023, to 18 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 4 days in August 2023, to 35 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103% last August 2023, to 110 2% a year later

Condos & Townhomes

The overbid percentage has increased from 102.6% last August 2023, to 109.3% a year later.

Pacifi

What's in the

There were 35 singleproviding 1.5 months new listings, and 24 h of $1.2m. The median 105.1%, with an avera

There were 6 condo a providing 0.9 months new listings and 7 uni price of $860k. The m was at 100.6%, with a market.

4 Listings

s single-family homes, condos and to August 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.

1.2M an Sale Price

4 Days on Market

3

New Listings

7

Sold Listings

0.9

Months of Inventory

100.6%

Median Sale vs List

$860K

Median Sale Price

48

Avg Days on Market

AUGUST 2023 - AUGUST 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 4m last August 2023, to $1 2m as of August 2024

Condos & Townhomes

The median sale price has increased from $778k last August 2023, to $860k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 36 days last August 2023, to 24 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 5 days in August 2023, to 48 days as of August 2024.

Overbids

Single-Family Homes

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

Condos & Townhomes

The overbid percentage has decreased from 104.6% last August 2023, to 100.6% a year later.

SanB

What's in the

There were 27 singleproviding 1 month of new listings, and 28 h of $1.5m. The median 104.8%, with an avera

There were 21 condo sale, providing 2.1 mo were 9 new listings an sale price of $457k. T percentage was at 98 days on the market.

8 Listings

s single-family homes, condos and to August 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.

1.5M an Sale Price

3 Days on Market

Condo & Tow

New Listings

2.1 Months of Inventory $4 Me 98.7%

Median Sale vs List Avg D

l2024 Aug2024
l2024 Aug2024

Median SalesPrice

Single-Family Homes

The median sale price has remained the same from $1 5m last August 2023, to $1 5m as of August 2024

Condos & Townhomes

The median sale price has decreased from $527k last August 2023, to $457k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 13 days last August 2023, to 23 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 23 days in August 2023, to 46 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 104 9% last August 2023, to 104 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 101% last August 2023, to 98.7% a year later.

Sa

What's

There we providing new listin of $1.9m 106.6%, w

There we sale, prov were 12 n sale price percentag days on t

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

New Listings

6

Sold Listings

3.5

Months of Inventory

102.7%

Median Sale vs List

$1.1M

Median Sale Price

27

Avg Days on Market

AUGUST 2023 - AUGUST 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 $2 4m last August 2023, to $1 9m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1 17m last August 2023, to $1 11m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 26 days last August 2023, to 12 days as of August 2024

Condos & Townhomes

The average time spent on the market went down from 36 days in August 2023, to 27 days as of August 2024.

Overbids

Single-Family

Homes

The overbid percentage has increased from 104 7% last August 2023, to 106 6% a year later

Condos & Townhomes

The overbid percentage has increased from 100.2% last August 2023, to 102.7% a year later.

SanMateo

What's in the San Mateo data?

There were 50 single-family homes for sale, providing 1.1 months of inventory. There were 67 new listings, and 46 homes sold at a median price of $2.1m. The median overbid percentage was at 107.8%, with an average of 14 days on the market.

There were 62 condo and townhome units for sale, providing 2.7 months of inventory. There were 30 new listings and 23 units sold at a median sale price of $860k. The median overbid percentage was at 99.9%, with an average of 32 days on the market.

Single-Family Homes

67 New Listings

46 Sold Listings

1.1 Months of Inventory

$2.1M Median Sale Price

107.8%

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 August 2023 to August 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.

30 New Listings

23 Sold Listings

SanMateo

AUGUST 2023 - AUGUST 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 8m last August 2023, to $2 1m as of August 2024

Condos & Townhomes

The median sale price has decreased from $951k last August 2023, to $860k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 17 days last August 2023, to 14 days as of August 2024

Condos & Townhomes

The average time spent on the market went down from 74 days in August 2023, to 32 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 105% last August 2023, to 107 8% a year later

Condos & Townhomes

The overbid percentage has increased from 99.1% last August 2023, to 99.9% a year later.

SouthSan Francisco

What's in the South San Francisco data?

There were 24 single-family homes for sale, providing 1.1 months of inventory. There were 29 new listings, and 21 homes sold at a median pric of $1.3m. The median overbid percentage was at 107 5%, with an average of 19 days on the marke

There were 16 condo and townhome units for sale, providing 16 months of inventory. There we 6 new listings and 1 unit sold at a median sale price of $950k. The median overbid percentage was at 101.3%, with an average of 45 days on the market.

1 Months of Inven

101.3%

Median Sale vs

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has increased from $730k last August 2023, to $950k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 19 days last August 2023, to 19 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 16 days in August 2023, to 45 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 2% last August 2023, to 107 5% a year later

Condos & Townhomes

The overbid percentage has increased from 99.1% last August 2023, to 101.3% a year later.

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