Monday Market Update: A Then & Now From GGSIR

The Bobbi Decker Real Estate Team hopes that you had an amazing fourth of July, reminiscent of years passed with maybe some new traditions mixed in too! In the spirit of then and now, we are pleased to share with you an invaluable and eye-catching read from Golden Gate Sotheby’s International Real estate (GGSIR). The June report is currently in progress since the month just closed, but the May 2021 edition offers some phenomenal data snapshots of the diverse communities in the Bay Area.

We have enclosed a glimpse of one of our favorite features below – a ‘Last Year vs. This Year' comparison of market trends here in San Mateo County. Explore the full report (created in collaboration with the Rosen Consulting Group) here: Market Report / San Francisco Bay Area.

Other Notable Data Points:

| 80% of home sales closed in May exceeded the asking price in the Bay Area.

| 2/3 of homes in California sold above list price.

| Active listings of single-family homes is roughly 25% lower than one year ago.

| The May median Bay Area SFR price was $1.31 million, a record and nationwide high.

| San Mateo County median home prices increased 19.1% from May 2020 to May 2021, culminating at $1,950,000.

Original Source: Market Report / San Francisco Bay Area 

All my best,

Bobbi Decker
DRE#00607999

Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
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CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS, REI, AHWD, RSPS, MSLG

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