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San Mateo County Peninsula
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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.
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:
A C
Wh Ther prov new price was mark Ther sale were med perc days
amily Homes
ntory
696 Sold Listings
$1.3M Median Sale Price
8% List
20 Avg Days on Market
Broker Metrics, includes all single-family homes, condos and Alameda, Albany, Berkeley, Castro Valley, Emeryville, Fremont, Hayward, San Leandro, Oakland, 94601, 94602, 94603, 94605, 94606, 94607, 94611, 94612, 94618, 94619, and 94705 from June 2023 to June preliminary data, and may vary from the time the data was med reliable but not guaranteed. DRE# 02029039. Copyright KW Advisors East Bay 2024. Each office is independently owned and operated.
New Listings
2.7
Months of Inventory
102.2%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 3m last June 2023, to $1 35m as of June 2024
Condos & Townhomes
The median sale price has increased from $721k last June 2023, to $750k as of June 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 16 days last June 2023, to 20 days as of June 2024
Condos & Townhomes
The average time spent on the market went up from 19 days in June 2023, to 26 days as of June 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 108 5% last June 2023, to 107 8% a year later
Condos & Townhomes
The overbid percentage has decreased from 103% last June 2023, to 102.2% a year later.
