August 11, 2023 For BuyersFor SellersInfographicsPricingHousing Market Updates Some Highlights Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and Continue Reading
What’s Really Happening with Home Prices? [INFOGRAPHIC]
An Unusual Year in Real Estate Ends Atypically
Because 2020 was an extraordinary year, unsurprisingly the real estate market in the five MLSListings counties refused to behave normally at year-end. December typically is a slower month for new listings, but new homes listed last month were up in all counties compared to Continue Reading
December 2020 Data for MLSListings Counties (from North to South):
In San Mateo County, the median Residential Common Interest home cost $820,000 and sold in 29 days for 99% of the list price based on 143 sales in December 2020. • Inventory was down -35% from November, but up 128% from December 2019 with 198 homes available, compared to Continue Reading
November 2020 Data for MLSListings Counties (from North to South):
In San Mateo County, the median Residential Common Interest home cost $910,000 and sold in 18 days for 100% of the list price based on 129 sales in November 2020. • Inventory was down -12% from October, but up 82% from November 2019 with 307 homes available, compared to Continue Reading
October 2020 Data for MLSListings Counties (from North to South):
In San Mateo County, the median Residential Common Interest home cost $9215,000 and sold in 16 days for 101% of the list price based on 135 sales in October 2020. • Inventory rose 4% from September, and up 61% from October 2019 with 345 homes available, compared to 214 Continue Reading
September 2020 Data for MLSListings Counties (from North to South):
In San Mateo County, the median Residential Common Interest home cost $925,000 and sold in 13 days for 100% of the list price based on 129 sales in September 2020. • Inventory rose 14% from August, and up 54% from September 2019 with 332 homes available, compared to 215 Continue Reading
August 2020 Data for MLSListings Counties (from North to South)
In San Mateo County, the median Residential Common Interest home cost $930,000 and sold in 12 days for 101% of the list price based on 118 sales in August 2020. • Inventory rose 9% from July, and up 105% from August 2019 with 287 homes available, compared to 140 homes Continue Reading
One stat reveals the absurdity of San Francisco’s pricey housing market
By Maria LaMagna Published: Nov 12, 2018 4:49 p.m. ET 81% of San Francisco homes are worth $1 million or more, vs. U.S. average of 4% If you want to buy a home in San Francisco, you better have $1 Continue Reading
Home sellers slash prices, especially in California
In the four weeks ended Sept. 16, more than one-quarter of the homes listed for sale had a price drop, according to Redfin, a real estate brokerage. The supply of homes for sale increased annually in August for the first time in more than three years, according to the Continue Reading