Martin Santiago - January 2025 Market Report | Peninsula Estates by California Concierge

Peninsula Estates

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Belmont

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Foster City

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Half Moon Bay

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Hillsborough

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San Bruno

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San Carlos

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San Mateo

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What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

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

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

Icanhelp...

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

HowToMakeItHappenin2025

This is the time when a lot of people take a moment to reflect and set their goals for this year. And as you picture what you want your 2025 to look like, one thing that may pop into your mind is the vision of you in a new home. But how do you get there? And where do you start?

Here’s some advice that can help you get the ball rolling.

tory

MLS Listings Inc, includes all single-family homes, condos and ornia Area from December 2023 to December 2024. This may data, and may vary from the time the data was gathered. All data is guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula San Mateo 2025. Each office is independently owned and amily Homes

130 Sold Listings

$1.5M Median Sale Price

4% s List

32 Avg Days on Market

2.8

Months of Inventory M

97.8%

Median Sale vs List Av

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 4m last December 2023, to $1 5m as of December 2024

Condos & Townhomes

The median sale price has decreased from $1 05m last December 2023, to $1 02m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 40 days last December 2023, to 32 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 78 days in December 2023, to 73 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 104% last December 2023, to 112 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.7% last December 2023, to 97.8% a year later.

SanMateo County

What's in the San Mateo County data?

There were 274 single-family homes for sale, providing 1.2 months of inventory. There were 129 new listings, and 232 homes sold at a median price of $1.7m. The median overbid percentage was at 104 2%, with an average of 34 days on the market.

There were 151 condo and townhome units for sale, providing 1.5 months of inventory. There were 49 new listings and 98 units sold at a median sale price of $887k. The median overbid percentage was at 100.3%, with an average of 52 days on the market

SFH

Single-Family Homes

129 New Listings

232 Sold Listings

1.2 Months of Inventory

$1.7M Median Sale Price

104.2%

Median Sale vs List

34 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from December 2023 to December 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 2025. Each office is independently owned and operated.

New Listings

98 Sold Listings

1.5

Months of Inventory

100.3%

Median Sale vs List

$887K

Median Sale Price

Avg Days on Market

SanMateoCounty

DECEMBER 2023 - DECEMBER 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 6m last December 2023, to $1 7m as of December 2024

Condos & Townhomes

The median sale price has increased from $826k last December 2023, to $887k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 32 days last December 2023, to 34 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 51 days in December 2023, to 52 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 101 6% last December 2023, to 104 2% a year later

Condos & Townhomes

The overbid percentage has increased from 99.5% last December 2023, to 100.3% a year later.

Belmont

What's in the Belmont data?

There were 0 single-family homes for sale, providing 0 months of inventory. There were 3 new listings, and 8 homes sold at a median price of $2.2m. The median overbid percentage was at 115.6%, with an average of 14 days on the market.

There were 3 condo and townhome units for sale, providing 3 months of inventory. There was 1 new listing and 1 unit sold at a median sale price of $1.3m. The median overbid percentage was at 100.4%, with an average of 91 days on the market.

SFH

Single-Family Homes

3 New Listings

8 Sold Listings

0 Months of Inventory

$2.2M Median Sale Price

115.6%

Median Sale vs List

14 Avg Days on Market

1 New Listing

1 Sold Listing

3 Months of Inventory

$1.3M

Median Sale Price

100.4%

Median Sale vs List 91 Avg Days on Market

DECEMBER 2023 - DECEMBER 2024 NGS FOR SALE

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

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 7m last December 2023, to $2 2m as of December 2024

Condos & Townhomes

The median sale price has decreased from $1 5m last December 2023, to $1 3m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 54 days last December 2023, to 14 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 38 days in December 2023, to 91 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 9% last December 2023, to 115 6% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last December 2023, to 100.4% a year later.

Burlingame

What's in the Burlingame data?

There were 9 single-family homes for sale, providing 0.9 months of inventory. There were 6 new listings, and 10 homes sold at a median price of $3.2m. The median overbid percentage was at 104.2%, with an average of 16 days on the market.

There were 3 condo and townhome units for sale, providing 3 months of inventory. There was 1 new listing and 1 unit sold at a median sale price of $1.6m. The median overbid percentage was at 100%, with an average of 0 days on the market.

SFH

Single-Family Homes

6 New Listings

10 Sold Listings

0.9 Months of Inventory

$3.2M Median Sale Price

104.2%

Median Sale vs List

16 Avg Days on Market

Condo & Townhomes

1 New Listing

1 Sold Listing

3 Months of Inventory

$1.6M

Median Sale Price 100%

Median Sale vs List 0 Avg Days on Market

DECEMBER 2023 - DECEMBER 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 7m last December 2023, to $3 2m as of December 2024

Condos & Townhomes

The median sale price has increased from $0 last December 2023, to $1 6m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last December 2023, to 16 days as of December 2024

Condos & Townhomes

The average time spent on the market remained the same from 0 days in December 2023, to 0 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 99 8% last December 2023, to 104 2% a year later

Condos & Townhomes

The overbid percentage has increased from 0% last December 2023, to 100% a year later.

DalyCity

What's in the Daly City data?

There were 14 single-family homes for sale, providing 0.7 months of inventory. There were 10 new listings, and 20 homes sold at a median price of $1.2m. The median overbid percentage was at 105.5%, with an average of 31 days on the market.

There were 10 condo and townhome units for sale, providing 1.4 months of inventory. There were 5 new listings and 7 units sold at a median sale price of $650k. The median overbid percentage was at 100.9%, with an average of 55 days on the market.

SFH

Single-Family Homes

10 New Listings

20 Sold Listings

0.7 Months of Inventory

$1.2M Median Sale Price

105.5%

Median Sale vs List

31 Avg Days on Market

New Listings

7 Sold Listings

1.4 Months of Inventory

$650K

Median Sale vs List 55 Avg Days on Market

DECEMBER 2023 - DECEMBER 2024

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has increased from $600k last December 2023, to $650k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 23 days last December 2023, to 31 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 37 days in December 2023, to 55 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 107 2% last December 2023, to 105 5% a year later

Condos & Townhomes

The overbid percentage has increased from 99.6% last December 2023, to 100.9% a year later.

FosterCity

What's in the Foster City data?

There were 3 single-family homes for sale, providing 0.8 months of inventory. There were 4 new listings, and 4 homes sold at a median price of $2.6m. The median overbid percentage was at 105.7%, with an average of 44 days on the market.

There were 15 condo and townhome units for sale, providing 1.2 months of inventory. There were 5 new listings and 13 units sold at a median sale price of $1.3m. The median overbid percentage was at 104.5%, with an average of 58 days on the market.

Single-Family Homes

4 New Listings

4 Sold Listings

0.8 Months of Inventory

$2.6M Median Sale Price

105.7%

Median Sale vs List

44 Avg Days on Market

Condo & Townhomes

New Listings

Sold Listings

1.2

Months of Inventory

104.5%

Median Sale vs List

$1.3M

Median Sale Price

Avg Days on Market

DECEMBER 2023 - DECEMBER 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 December 2023, to $2 6m as of December 2024

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 20 days last December 2023, to 44 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 49 days in December 2023, to 58 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 5% last December 2023, to 105 7% a year later

Condos & Townhomes

The overbid percentage has increased from 98.8% last December 2023, to 104.5% a year later.

HalfM Bay

What's in the Half data?

There were 15 single-family providing 5 months of invent new listings, and 3 homes so of $1.8m. The median overb 99 6%, with an average of 11

There was 1 condo and town providing 0.3 months of inve new listing and 3 units sold a of $835k. The median overbi 98.9%, with an average of 44

4 New Listings

5 Months of Inventory

99.6%

Median Sale vs List

3 Sold Listings

$1.8M Median Sale Price

111 Avg Days on Market

single-family homes, condos and December 2024. This may was gathered. All data is KW Advisors Peninsula independently owned and

Condo 1

New Listing

3 Sold Listings

0.3

Months of Inventory $835K

Median Sale Price 98.9%

Median Sale vs List 44 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 1m last December 2023, to $1 8m as of December 2024

Condos & Townhomes

The median sale price has increased from $725k last December 2023, to $835k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 29 days last December 2023, to 111 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 10 days in December 2023, to 44 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 92 9% last December 2023, to 99 6% a year later

Condos & Townhomes

The overbid percentage has decreased from 121.2% last December 2023, to 98.9% a year later.

Hillsborough

What's in the Hillsborough data?

There were 22 single-family homes for sale, providing 3.7 months of inventory. There were 7 new listings, and 6 homes sold at a median price of $4.6m. The median overbid percentage was at 96.2%, with an average of 39 days on the market.

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

7 New Listings

6 Sold Listings

3.7 Months of Inventory

$4.6M Median Sale Price

96.2% Median Sale vs List

39 Avg Days on Market

No

data for this month.

onth.

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 8m last December 2023, to $4 6m as of December 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 18 days last December 2023, to 39 days as of December 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has remained the same from 96 2% last December 2023, to 96 2% a year later

Condos & Townhomes

No data for this month

Millbrae

What's in the Millbrae data?

There were 5 single-family homes for sale, providing 1 month of inventory. There were 3 new listings, and 5 homes sold at a median price of $1.7m. The median overbid percentage was at 117.5%, with an average of 11 days on the market.

There were 2 condo and townhome units for sale, providing 1 month of inventory. There were 2 new listings and 2 units sold at a median sale price of $757k. The median overbid percentage was at 99.2%, with an average of 73 days on the market.

Single-Family Homes

New Listings

5 Sold Listings

1 Month of Inventory

$1.7M

Median Sale Price

117.5%

Median Sale vs List

Avg Days on Market

New Listings

Sold Listings

1 Month of Inventory $757K

Median Sale Price 99.2%

Median Sale vs List 73 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 4m last December 2023, to $1 7m as of December 2024

Condos & Townhomes

The median sale price has increased from $0 last December 2023, to $757k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 12 days last December 2023, to 11 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 0 days in December 2023, to 73 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 107 9% last December 2023, to 117 5% a year later

Condos & Townhomes

The overbid percentage has increased from 0% last December 2023, to 99.2% a year later.

Pacifica

What's in the Paci

There were 24 single-family h providing 1.7 months of inve new listings, and 14 homes s of $1.3m. The median overbi 101.3%, with an average of 2

There were 5 condo and tow providing 1 month of invento listing and 5 units sold at a m $970k. The median overbid p 99.3%, with an average of 53

10 New Listings

1.7 Months of Inventory

101.3%

Median Sale vs List

14 Sold Listings

$1.3M Median Sale Price

24 Avg Days on Market

single-family homes, condos and December 2024. This may was gathered. All data is KW Advisors Peninsula independently owned and

New Listing

Median Sale vs List 53 Avg Days on Market 5 Sold Listings

1 Month of Inventory $970K Median Sale Price 99.3%

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has increased from $800k last December 2023, to $970k as of December 2024

AVGDays OntheMarket

Single-Family Homes

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

Condos & Townhomes

The average time spent on the market went down from 61 days in December 2023, to 53 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 4% last December 2023, to 101 3% a year later

Condos & Townhomes

The overbid percentage has increased from 96.5% last December 2023, to 99.3% a year later.

He-Family Homes

5 New Listings

22 Sold Listings

0.5 Months of Inventory

$1.2M Median Sale Price

106.1%

Median Sale vs List

38 Avg Days on Market

urced from MLS Listings Inc, includes all single-family homes, condos and in the California Area from December 2023 to December 2024. This may preliminary data, and may vary from the time the data was gathered. All data is ble but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Burlingame | San Mateo 2025. Each office is independently owned and

New Listings

Sold Listings

1.4

Months of Inventory $490K

Median Sale Price 98.1%

Median Sale vs List 52 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 22m last December 2023, to $1 27m as of December 2024

Condos & Townhomes

The median sale price has remained the same from $490k last December 2023, to $490k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 29 days last December 2023, to 38 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 47 days in December 2023, to 52 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 6% last December 2023, to 106 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.6% last December 2023, to 98.1% a year later.

SanCarlos

What's in the San Carlos data?

There were 10 single-family homes for sale, providing 0.9 months of inventory. There were 11 new listings, and 11 homes sold at a median price of $2.5m. The median overbid percentage was at 102.4%, with an average of 15 days on the market.

There were 13 condo and townhome units for sale, providing 3.3 months of inventory. There were 0 new listings and 4 units sold at a median sale price of $843k. The median overbid percentage was at 97%, with an average of 61 days on the market.

Single-Family Homes

New Listings

Sold Listings

0.9 Months of Inventory

$2.5M

Median Sale Price

102.4%

Median Sale vs List

Avg Days on Market

New Listings

Sold Listings

3.3

Months of Inventory

$843K

Median Sale Price 97%

Median Sale vs List

61 Avg Days on Market

Carlos

DECEMBER 2023 - DECEMBER 2024

R SALE SOLD LISTINGS

mes year-over-year.

omes , year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 3m last December 2023, to $2 5m as of December 2024

Condos & Townhomes

The median sale price has decreased from $1m last December 2023, to $843k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 37 days last December 2023, to 15 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 145 days in December 2023, to 61 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 3% last December 2023, to 102 4% a year later

Condos & Townhomes

The overbid percentage has increased from 99.4% last December 2023, to 97% a year later.

SanMateo

What's in the San Mateo data?

There were 23 single-family homes for sale, providing 0.8 months of inventory. There were 17 new listings, and 30 homes sold at a median price of $1.7m. The median overbid percentage was at 104.5%, with an average of 22 days on the market.

There were 62 condo and townhome units for sale, providing 2.3 months of inventory. There were 20 new listings and 27 units sold at a median sale price of $808k. The median overbid percentage was at 99.6%, with an average of 46 days on the market.

17 New Listings

mily Homes

30 Sold Listings

0.8 Months of Inventory

$1.7M Median Sale Price

104.5% Median Sale vs List

22 Avg Days on Market

MLS Listings Inc, includes all single-family homes, condos and ornia Area from December 2023 to December 2024. This may and may vary from the time the data was gathered. All data is guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula San Mateo 2025. Each office is independently owned and

New Listings

27 Sold Listings

2.3

Months of Inventory

$808K

Median Sale Price 99.6%

Median Sale vs List 46 Avg Days on Market

SanMateo

DECEMBER 2023 - DECEMBER 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 6m last December 2023, to $1 7m as of December 2024

Condos & Townhomes

The median sale price has increased from $672k last December 2023, to $808k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 25 days last December 2023, to 22 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 56 days in December 2023, to 46 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 8% last December 2023, to 104 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.8% last December 2023, to 99.6% a year later.

SouthSan Francisco

What's in the South San Francisco data?

There were 11 single-family homes for sale, providing 0.7 months of inventory. There were 3 new listings, and 16 homes sold at a median price of $1.3m. The median overbid percentage was at 104 7%, with an average of 26 days on the market

There were 10 condo and townhome units for sale, providing 1.3 months of inventory. There were 4 new listings and 8 units sold at a median sale price of $984k. The median overbid percentage was at 101.2%, with an average of 53 days on the market.

3 New Listings

16 Sold Listings

0.7 Months of Inventory

$1.3M Median Sale Price

104.7% Median Sale vs List

26 Avg Days on Market

Condo & Townhomes

New Listings

Sold Listings

1.3

Months of Inventory

$984K

Median Sale Price

101.2%

Median Sale vs List

53 Avg Days on Market

SouthSanFrancisco

DECEMBER 2023 - DECEMBER 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 1m last December 2023, to $1 3m as of December 2024

Condos & Townhomes

The median sale price has increased from $657k last December 2023, to $984k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 21 days last December 2023, to 26 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 33 days in December 2023, to 53 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 1% last December 2023, to 104 7% a year later

Condos & Townhomes

The overbid percentage has increased from 98.3% last December 2023, to 101.2% a year later.