Monday Market Update: San Mateo County Data Drop

First and foremost, our team is hoping you are happy, healthy & hopeful as we enter the official start of summer! In continuing our commitment to keeping you apprised of the latest market developments, we just have to tell you that it IS a seller’s market. Just last week, two of our listings went pending before we could even officially market them, so while normally we would share that they are just listed – we are pleased to inform you that 936 Shoreline Drive (Harbor Town / San Mateo) and 401 ½ Upton Street (Redwood City) are NOW PENDING! Awesome sellers, awesome offers, awesome buyers. It really is the best of all worlds when amazing aspects of the universe collide! 😉

Speaking of the universe, let’s dial it down to your local one; below you will find a quick data drop on some statistics from #SAMCARSTATS pertaining to single family homes and condos/townhomes in San Mateo County. Learn More at: https://www.samcar.org/posts/infographic-san-mateo-county-home-sales/may-2020/

SFR

Months of Inventory: 2.4

Average Days On Market: 26

Average Sales Price: $2,290,520

Median Sales Price: $1,643,760

% of List Price Received: 100%

Condos & Townhomes

Months of Inventory: 2

Average Days On Market: 16

Average Sales Price: $1,008,774

Median Sales Price: $890,000

% of List Price Received: 100%

If you or anyone you care about has any questions about the market today and the varying opportunities within it, please, please do not hesitate to reach out!

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/

 

 

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