Martin Santiago - November 2024 Market Report | Peninsula Estates by California Concierge

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

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Half Moon Bay

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Hillsborough

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Jump to Millbrae Report

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San Bruno

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San Carlos

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San Mateo

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South San Francisco

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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.

IsaFixerUpperRightforYou?

Looking to buy a home but feeling like almost everything is out of reach? Here’s the thing. There’s still a way to become a homeowner, even when affordability seems like a huge roadblock – and it might be with a fixer upper. Let’s dive into why buying a fixer upper could be your ticket to homeownership and how you can make it work.

What Is a Fixer Upper?

A fixer upper is a home that’s in livable condition but needs some work. The amount of work varies by home – some may need cosmetic updates like wallpaper removal and new flooring, while others might require more extensive repairs like replacing a roof or updating plumbing.

San Francisco County

What's in the San Francisco County data?

There were 347 single-family homes for sale, providing 1.4 months of inventory. There were 278 new listings, and 242 homes sold at a median price of $1.7m. The median overbid percentage was at 112.6%, with an average of 21 days on the market.

There were 788 condo and townhome units for sale, providing 4.1 months of inventory. There were 268 new listings and 193 units sold at a median sale price of $1.2m. The median overbid percentage was at 102.2%, with an average of 47 days on the market.

SFH

Single-Family Homes

278 New Listings

242 Sold Listings

1.4 Months of Inventory

$1.7M Median Sale Price

112.6%

Median Sale vs List

21 Avg Days on Market

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

4.1

Months of Inventory

102.2%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 6m last October 2023, to $1 7m as of October 2024

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 22 days last October 2023, to 21 days as of October 2024

Condos & Townhomes

The average time spent on the market went up from 45 days in October 2023, to 47 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 107 8% last October 2023, to 112 6% a year later

Condos & Townhomes

The overbid percentage has increased from 99.9% last October 2023, to 102.2% a year later.

SanMateo County

What's in the San Mateo County data?

There were 516 single-family homes for sale, providing 1.4 months of inventory. There were 424 new listings, and 356 homes sold at a median price of $1.9m. The median overbid percentage was at 107 9%, with an average of 28 days on the market.

There were 273 condo and townhome units for sale, providing 2.7 months of inventory. There were 143 new listings and 102 units sold at a median sale price of $877k. The median overbid percentage was at 100.6%, with an average of 33 days on the market

SFH

Single-Family Homes

424 New Listings

356 Sold Listings

1.4 Months of Inventory

$1.9M Median Sale Price

107.9%

Median Sale vs List

28 Avg Days on Market

143

New Listings

102 Sold Listings

2.7

Months of Inventory

100.6%

Median Sale vs List

$877K

Median Sale Price

Avg Days on Market

SanMateoCounty

OCTOBER 2023 - OCTOBER 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 93m last October 2023, to $1 91m as of October 2024

Condos & Townhomes

The median sale price has decreased from $910k last October 2023, to $877k as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 22 days last October 2023, to 28 days as of October 2024

Condos & Townhomes

The average time spent on the market went down from 39 days in October 2023, to 33 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 3% last October 2023, to 107 9% a year later

Condos & Townhomes

The overbid percentage has increased from 100.5% last October 2023, to 100.6% a year later.

Belmon

What's in the Belm

There were 7 single-family ho providing 0.6 months of inve new listings, and 11 homes s of $2.4m. The median overbi 111%, with an average of 13

There were 7 condo and tow providing 2.3 months of inve new listings and 3 units sold price of $760k. The median o was at 100.2%, 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.

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2m last October 2023, to $2 4m as of October 2024

Condos & Townhomes

The median sale price has decreased from $921k last October 2023, to $760k as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 20 days last October 2023, to 13 days as of October 2024

Condos & Townhomes

The average time spent on the market went up from 16 days in October 2023, to 27 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 7% last October 2023, to 111% a year later

Condos & Townhomes

The overbid percentage has increased from 99.3% last October 2023, to 100.2% a year later.

Burling

What's in the Burli

There were 22 single-family h providing 1.4 months of inve new listings, and 16 homes s of $2.6m. The median overbi 106.9%, with an average of 2

There was 1 condo and town providing 0.5 months of inve new listing and 2 units sold a of $747k. The median overbi 97.4%, with an average of 25

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. 6M

Condo & Townhomes

New Listing

2 Sold Listings

0.5

Months of Inventory

$747K

Median Sale Price 97.4%

Median Sale vs List 25 Avg Days on Market

OCTOBER 2023 - OCTOBER 2024

TINGS FOR SALE SOLD LISTINGS

Family Homes

2 months, year-over-year.

s & Townhomes

2 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 5m last October 2023, to $2 6m as of October 2024

Condos & Townhomes

The median sale price has decreased from $750k last October 2023, to $747k as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 39 days last October 2023, to 25 days as of October 2024

Condos & Townhomes

The average time spent on the market went down from 27 days in October 2023, to 25 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 101 8% last October 2023, to 106 9% a year later

Condos & Townhomes

The overbid percentage has decreased from 102% last October 2023, to 97.4% a year later.

DalyCity

What's in the Daly City data?

There were 27 single-family homes for sale, providing 1 month of inventory. There were 2 new listings, and 28 homes sold at a median of $1.2m. The median overbid percentage wa 137.7%, with an average of 29 days on the m

There were 21 condo and townhome units fo sale, providing 3 months of inventory. There w 9 new listings and 7 units sold at a median sa price of $810k. The median overbid percenta was at 102.3%, with an average of 47 days on market.

DalyCity

OCTOBER 2023 - OCTOBER 2024

LISTINGS FOR SALE

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 October 2023, to $1 2m as of October 2024

Condos & Townhomes

The median sale price has increased from $732k last October 2023, to $810k as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 18 days last October 2023, to 29 days as of October 2024

Condos & Townhomes

The average time spent on the market went up from 18 days in October 2023, to 47 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 107 4% last October 2023, to 137 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 103.3% last October 2023, to 102.3% a year later.

FosterCity

What's in the Foster City data?

There were 4 single-family homes for sale, providing 0.3 months of inventory. There were 11 new listings, and 15 homes sold at a median price of $2.1m. The median overbid percentage was at 108.6%, with an average of 14 days on the market.

There were 26 condo and townhome units for sale, providing 2.2 months of inventory. There were 16 new listings and 12 units sold at a median sale price of $1.3m. The median overbid percentage was at 103%, with an average of 22 days on the market.

Single-Family Homes

11 ew Listings

15 Sold Listings

0.3 Months of Inventory

$2.1M Median Sale Price

108.6%

Median Sale vs List

14 Avg Days on Market

New Listings

Sold Listings

2.2

Months of Inventory

103%

Median Sale vs List

$1.3M

Median Sale Price

Avg Days on Market

OCTOBER 2023 - OCTOBER 2024

LISTINGS FOR SALE

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 3m last October 2023, to $2 1m as of October 2024

Condos & Townhomes

The median sale price has decreased from $1 4m last October 2023, to $1 3m as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 10 days last October 2023, to 14 days as of October 2024

Condos & Townhomes

The average time spent on the market went down from 24 days in October 2023, to 22 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 109 7% last October 2023, to 108 6% a year later

Condos & Townhomes

The overbid percentage has increased from 101.5% last October 2023, to 103% a year later.

HalfMoon Bay

What's in the Half Moon Bay data?

There were 17 single-family homes for sale, providing 2.1 months of inventory. There were 14 new listings, and 8 homes sold at a median price of $1.4m. The median overbid percentage was at 102%, with an average of 35 days on the market

There were 4 condo and townhome units for sale, providing 4 months of inventory. There was 1 new listing and 1 unit sold at a median sale price of $901k. The median overbid percentage was at 101.3%, with an average of 10 days on the market.

Single-Family Homes

14 New Listings

8 Sold Listings

2.1 Months of Inventory

$1.4M Median Sale Price

102%

Median Sale vs List

35 Avg Days on Market

Listing 4 Months of Inventory

Listing

HalfMoonBay

OCTOBER 2023 - OCTOBER 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 7m last October 2023, to $1 4m as of October 2024

Condos & Townhomes

The median sale price has decreased from $922k last October 2023, to $901k as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 24 days last October 2023, to 35 days as of October 2024

Condos & Townhomes

The average time spent on the market went down from 24 days in October 2023, to 10 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 99 6% last October 2023, to 102% a year later

Condos & Townhomes

The overbid percentage has increased from 98.3% last October 2023, to 101.3% a year later.

Hillsborough

What's in the Hillsborough data?

There were 34 single-family homes for sale, providing 3.4 months of inventory. There were 20 new listings, and 10 homes sold at a median price of $5.8m. The median overbid percentage was at 97.9%, with an average of 73 days on the market.

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

Single-Family Homes

20 New Listings

10 Sold Listings

3.4 Months of Inventory

$5.8M Median Sale Price

97.9%

Median Sale vs List

73 Avg Days on Market

CONDO

Condo & Townhomes

No data for this month.

illsborough

OCTOBER 2023 - OCTOBER 2024

TINGS FOR SALE SOLD LISTINGS

Family Homes

2 months, year-over-year.

No data for this month.

s & Townhomes

2 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $5 2m last October 2023, to $5 8m as of October 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 33 days last October 2023, to 73 days as of October 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has increased from 94 3% last October 2023, to 97 9% a year later

Condos & Townhomes

No data for this month

Millbra

What's in the Millb

There were 8 single-family ho providing 1 month of invento new listings, and 8 homes so of $2.3m. The median overbi 104%, with an average of 22

There were 3 condo and tow providing 3 months of invent listing and 1 unit sold at a me $825k. The median overbid p 118%, with an average of 13

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.

1 New Listing

3 Months of Inventory

Sale Price 118% Median Sale vs List

Avg Days on Market 1 Sold Listing

OCTOBER 2023 - OCTOBER 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 $2 2m last October 2023, to $2 3m as of October 2024

Condos & Townhomes

The median sale price has increased from $739k last October 2023, to $825k as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 18 days last October 2023, to 22 days as of October 2024

Condos & Townhomes

The average time spent on the market went up from 2 days in October 2023, to 13 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 110 5% last October 2023, to 104% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last October 2023, to 118% a year later.

Paci

What's in t

There were 37 s providing 1.9 mo new listings, and of $1.3m. The m 110.2%, with an

There were 10 c sale, providing 1 were 10 new list sale price of $1m was at 103.7%, w market.

Oct2024 Oct2024

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has increased from $970k last October 2023, to $1m as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 26 days last October 2023, to 22 days as of October 2024

Condos & Townhomes

The average time spent on the market went down from 59 days in October 2023, to 31 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 101 7% last October 2023, to 110 2% a year later

Condos & Townhomes

The overbid percentage has increased from 98.4% last October 2023, to 103.7% a year later.

SanBru

What's in the San

There were 30 single-family h providing 1.3 months of inve new listings, and 23 homes s of $1.4m. The median overbi 107.8%, with an average of 1

There were 14 condo and tow sale, providing 2 months of in 3 new listings and 7 units so price of $498k. The median o was at 99.5%, with an averag 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. 4M

New Listings

2 Months of Inventory 99.5%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 44m last October 2023, to $1 4m as of October 2024

Condos & Townhomes

The median sale price has decreased from $525k last October 2023, to $498k as of October 2024

AVGDays OntheMarket

Single-Family Homes

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

Condos & Townhomes

The average time spent on the market went up from 26 days in October 2023, to 60 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 5% last October 2023, to 107 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 101% last October 2023, to 99.5% a year later.

SanCa

What's in the San

There were 13 single-family h providing 0.4 months of inve new listings, and 31 homes s of $2.2m. The median overbi 103.4%, with an average of 1

There were 24 condo and tow sale, providing 3.4 months of were 12 new listings and 7 u sale price of $1.2m. The med percentage was at 98.8%, wi days on the 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.

New Listings

3.4

Months of Inventory 98.8%

Median Sale vs List

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has increased from $1 2m last October 2023, to $1 22m as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 16 days last October 2023, to 15 days as of October 2024

Condos & Townhomes

The average time spent on the market went up from 14 days in October 2023, to 21 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 103 6% last October 2023, to 103 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 103.1% last October 2023, to 98.8% a year later.

SanMateo

What's in the San Mateo data?

There were 53 single-family homes for sale, providing 1 month of inventory. There were 55 new listings, and 54 homes sold at a median price of $2m. The median overbid percentage was at 106.4%, with an average of 18 days on the market.

There were 79 condo and townhome units for sale, providing 2.7 months of inventory. There were 41 new listings and 29 units sold at a median sale price of $831k. The median overbid percentage was at 99.7%, with an average of 25 days on the market.

New Listings

2.7

Months of Inventory 99.7%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2m last October 2023, to $2 07m as of October 2024

Condos & Townhomes

The median sale price has decreased from $895k last October 2023, to $831k as of October 2024

AVGDays OntheMarket

Single-Family Homes

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

Condos & Townhomes

The average time spent on the market went down from 77 days in October 2023, to 25 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103% last October 2023, to 106 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.8% last October 2023, to 99.7% a year later.

SouthSan Francisco

What's in the South San Francisco data?

There were 21 single-family homes for sale, providing 0.7 months of inventory. There were 22 new listings, and 32 homes sold at a median price of $1.3m. The median overbid percentage was at 109 5%, with an average of 20 days on the market

There were 23 condo and townhome units for sale, providing 3.8 months of inventory. There were 14 new listings and 6 units sold at a median sale price of $799k. The median overbid percentage was at 100.5%, with an average of 52 days on the market.

Single-Family Homes

22 New Listings

32 Sold Listings

0.7 Months of Inventory

$1.3M Median Sale Price

109.5%

Median Sale vs List

20 Avg Days on Market

New Listings

Sold Listings

3.8

Months of Inventory

100.5%

Median Sale vs List

$799K

Median Sale Price

Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 36m last October 2023, to $1 34m as of October 2024

Condos & Townhomes

The median sale price has decreased from $825k last October 2023, to $799k as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 19 days last October 2023, to 20 days as of October 2024

Condos & Townhomes

The average time spent on the market went up from 25 days in October 2023, to 52 days as of October 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 104 5% last October 2023, to 109 5% a year later

Condos & Townhomes

The overbid percentage has increased from 99% last October 2023, to 100.5% a year later.