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August 2023 Market Report | Peninsula Estates - Apsara Oswal

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Peninsula Estates

San Francisco County

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San Mateo County

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Burlingame

Jump to Burlingame Report

Daly City

Jump to Daly City Report

Foster City

Jump to Foster City Report

Half Moon Bay

Jump to Half Moon Bay Report

Hillsborough

Jump to Hillsborough Report

Millbrae

Jump to Millbrae Report

Pacifica

Jump to Pacifica Report

San Bruno

Jump to San Bruno Report

San Carlos

Jump to San Carlos Report

San Mateo

Jump to San Mateo Report

South San Francisco

Jump to South San Francisco Report

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 today's market?

Icanhelp...

Contact me for a confidential, no obligation assessment of your home's value.

Sellers:Don’tLetTheseTwo ThingsHoldYouBack

Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Let’s dive into each challenge and give you some helpful advice on how to overcome these obstacles.

Challenge #1: The Reluctance to Take on a Higher Mortgage Rate

According to the Federal Housing Finance Agency (FHFA), the average interest rate for current homeowners with mortgages is less than 4% .

San Francisco County

What's in the San Francisco County data?

There were 37 single-family homes for sale, providing 11.3 months of inventory. There were 8 new listings and 2 homes sold at a median sale price of $1.3m. The median overbid percentage was 121%, averaging 21 days on the market.

There were 58 condo and townhome units for sale, providing 55 months of inventory There was 1 new listing, and 3 units sold at a median sale price of $1.4m. The median overbid percentage was 100.5%, with an average of 25 days on the market.

Single-Family Homes

8 New Listings

2 Sold Listings

11.3 Months of Inventory

$1.3M Median Sale Price

121%

Median Sale vs List

21 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 2023. 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 2023. Each office is independently owned and operated.

1 New Listing

3 Sold Listings

55 Months of Inventory $1.4M Median Sale Price 100.5% Median Sale vs List 25 Avg Days on Market

SanFranciscoCounty

JULY 2022 - JULY 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 7m last July 2022, to $1 3m as of July 2023

Condos & Townhomes

The median sales price has increased from $1m last July 2022, to $1.4m as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 26 days last July 2022, to 21 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 37 days in July 2022, to 25 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 110% last July 2022, to 121% a year later

Condos & Townhomes

The overbid percentage has increased from 91.4% last July 2022, to 100.5% a year later.

SanMateo County

What's in the San Mateo County data?

There were 477 single-family homes for sale, providing 9.1 months of inventory. There were 64 new listings, and 53 homes sold at a median sale price of $1.7m. The median overbid percentage was 101 6%, averaging 36 days on the market

There were 171 condo and townhome units for sale, providing 9.3 months of inventory. There were 23 new listings, and 7 units sold at a median sale price of $1.2m. The median overbid percentage was 101.1%, with an average of 25 days on the market.

Single-Family Homes

64 New Listings

53 Sold Listings

9.1 Months of Inventory

$1.7M Median Sale Price

101.6%

Median Sale vs List

36 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 2023. 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 2023. Each office is independently owned and operated.

23 New Listin

9.3

Months of Invent

101.1%

Median Sale vs L

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 9m last July 2022, to $1 7m as of July 2023

Condos & Townhomes

The median sales price has increased from $933k last July 2022, to $1.2m as of July 2023.

Single-Family Homes

The average time spent on the market went up from 25 days last July 2022, to 36 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 34 days in July 2022, to 25 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 100 1% last July 2022, to 101 6% a year later

Condos & Townhomes

The overbid percentage has increased from 100.6% last July 2022, to 101.1% a year later.

Burlingame

What's in the Burlingame data?

There were 31 single-family homes for sale, providing 28 months of inventory. There were 6 new listings and 1 home sold at a median sale price of $2.8m. The median overbid percentage was 96.7%, averaging 15 days on the market.

There were 5 condo and townhome units for sale, providing 0 months of inventory. There were 0 new listings, and 0 units sold at a median sale price of $0. The median overbid percentage was 0%, averaging 0 days on the market.

Single-Family Homes

6 New Listings

1 Sold Listing

28 Months of Inventory

$2.8M Median Sale Price

96.7%

Median Sale vs List

15 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 2023. 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 2023. Each office is independently owned and operated.

No data for this month.

JULY 2022 - JULY 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $3 2m last July 2022, to $2 8m as of July 2023

Condos & Townhomes

No data this month.

No data this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 25 days last July 2022, to 15 days as of July 2023

Condos & Townhomes

No data this month

No data this month.

Overbids

Single-Family Homes

The overbid percentage has decreased from 99 7% last July 2022, to 96 7% a year later

Condos & Townhomes

No data this month

DalyCity

What's in the Daly City data?

There were 20 single-family homes for sale, providing 8.5 months of inventory. There were 4 new listings and 3 homes sold at a median sale price of $1.1m. The median overbid percentage was 109.5%, with an average of 20 days on the market.

There were 7 condo and townhome units for sale, providing 0 months of inventory There were 2 new listings, and 1 unit sold at a median sale price of $495k. The median overbid percentage was 97.2%, with an average of 0 days on the market.

Single-Family Homes

4 New Listings

3 Sold Listings

8.5 Months of Inventory

$1.1M Median Sale Price

109.5%

Median Sale vs List

20 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 2023. 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 2023. Each office is independently owned and operated.

2

DalyCity

JULY 2022 - JULY 2023

ngle-Family Homes

ast 12 months, year-over-year.

ondos & Townhomes

ast 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 2m last July 2022, to $1 1m as of July 2023

Condos & Townhomes

The median sales price has decreased from $710k last July 2022, to $495k as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 16 days last July 2022, to 20 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 25 days in July 2022, to 0 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 108 1% last July 2022, to 109 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.9% last July 2022, to 97.2% a year later.

Foste

What's in the

There were 14 singleproviding 3.3 months new listings and 0 hom price of $0. The media 0%, averaging 39 days

There were 15 condo sale, providing 12 mo 3 new listings, and 0 u price of $0. The media 0%, with an average o

d Listings

an Sale Price

9 Days on Market

single-family homes, condos and to July 2023. This may include was gathered. All data is deemed pyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

New List 1 Months of Inven 0%

Median Sale vs

Single-Family Homes

No data this month

Condos & Townhomes

No data this month.

No data this month.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 20 days last July 2022, to 39 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 23 days in July 2022, to 17 days as of July 2023

Overbids

Single-Family Homes

No data this month

Condos & Townhomes

No data this month.

HalfM Bay

What's in the data?

There were 9 single-fa providing 3.5 months new listings and 1 hom price of $3.4m. The m was 100%, with an ave market.

There was no data for this month.

3.4M an Sale Price d Listing s

2 Days on Market

single-family homes, condos and to July 2023. This may include was gathered. All data is deemed pyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

No data for this month.

Median SalesPrice

Single-Family Homes

The median sales price has increased from $2m last July 2022, to $3 4m as of July 2023

Condos & Townhomes

The median sales price has decreased from $775k last July 2022, to $0 as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 27 days last July 2022, to 42 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 22 days in July 2022, to 0 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 98 8% last July 2022, to 100% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.5% last July 2022, to 0% a year later.

Hillsborough

What's in the Hillsborough data?

There were 46 single-family homes for sale, providing 0 months of inventory There were 6 new listings and 1 home sold at a median sale price of $7.3m. The median overbid percentage was 98.7%, with an average of 0 days on the market.

There was no data for condo or townhome units this month.

ngle-Family Homes

ths of Inventory

1 Sold Listing

$7.3M Median Sale Price

8.7%

ian Sale vs List

0 Avg Days on Market

data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 2023. 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 2023. Each office is independently owned and operated.

No Data For This Month.

Single-Family Homes

The median sales price has increased from $5 3m last July 2022, to $7 3m as of July 2023

Condos & Townhomes No Data For This Month.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 29 days last July 2022, to 0 days as of July 2023

Condos & Townhomes

No Data For This Month

Overbids

Single-Family Homes

The overbid percentage has decreased from 99 2% last July 2022, to 98 7% a year later

Condos & Townhomes

No Data For This Month.

Millbrae

What's in the Millbrae data?

There were 12 single-family homes for sale, providing 5 months of inventory. There were 4 listings and 1 home sold at a median sale pric $2.2m. The median overbid percentage was 105.7%, with an average of 28 days on the ma

There were 2 condo and townhome units for s providing 0 months of inventory. There was 1 listing, and 0 units sold at a median sale price $0k. The median overbid percentage was 0%, averaging 0 days on the market.

Condo & Town

ul2023
Jul2023

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $2 25m last July 2022, to $2 22m as of July 2023

Condos & Townhomes

The median sales price has remained the same with $0 since July 2022.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 41 days last July 2022, to 28 days as of July 2023

Condos & Townhomes

The average time spent on the market the market went down from 41 days in July 2022, to 0 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 98 9% last July 2022, to 105 7% a year later

Condos & Townhomes

The overbid percentage has remained the same with 0% since July 2022.

Pacifica

What's in the Pacifica data?

There were 18 single-family homes for sale, providing 17 months of inventory. There was 1 new listing and 3 homes sold at a median sale price of $1.2m. The median overbid percentage was 104.5%, with an average of 8 days on the market.

There were 5 condo and townhome units for sale, providing 0 months of inventory There were 2 new listings, and 0 units sold at a median sale price of $0. The median overbid percentage was 0%, with an average of 0 days on the market.

Single-Family Homes

1 New Listing

3 Sold Listings

17 Months of Inventory

$1.2M Median Sale Price

104.5%

Median Sale vs List

8 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 2023. 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 2023. Each office is independently owned and operated.

Listings

Last

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 3m last July 2022, to $1 2m as of July 2023

Condos & Townhomes

The median sales price has decreased from $955k last July 2022, to $0 as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 22 days last July 2022, to 8 days as of July 2023

Condos & Townhomes

The average time spent on the market went up from 22 days in July 2022, to 43 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 105 1% last July 2022, to 104 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 106.9% last July 2022, to 0% a year later.

SanBruno

What's in the San Bruno data?

There were 8 single-family homes for sale, providing 7 months of inventory. There were 3 new listings, and 2 homes sold at a median sale price of $1.3m. The median overbid percentage was 105.5%, with an average of 13 days on the market.

There were 10 condo and townhome units for sale, providing 2.3 months of inventory. There were 2 new listings, and 0 units sold at a median sale price of $0. The median overbid percentage was 0.0%, with an average of 21 days on the market.

2 New Listings 2.3

Sale vs List

Listings

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 3m last July 2022, to $1 37m as of July 2023

Condos & Townhomes

The median sales price has decreased from $565k last July 2022, to $0 as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 30 days last July 2022, to 13 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 64 days in July 2022, to 21 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 102 6% last July 2022, to 105 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.7% last July 2022, to 0% a year later.

San

What's in th

There were 24 sin providing 10.5 mo new listings and 5 price of $2.1m. T was 105.6%, with market.

There were 17 co sale, providing 8 0 new listings, an price of $1.3m. T was 102.1%, aver

.1M

ale Price tings

on Market

single-family homes, condos and 2023. This may include gathered. All data is deemed Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

0

2 Sold Listings

SanCarlos

JULY 2022 - JULY 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $2 3m last July 2022, to $2 1m as of July 2023

Condos & Townhomes

The median sales price has increased from $950k last July 2022, to $1.3m as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 22 days last July 2022, to 68 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 15 days in July 2022, to 9 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 101 3% last July 2022, to 105 6% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last July 2022, to 102.1% a year later.

SanMateo

What's in the San Mateo data?

There were 41 single-family homes for sale, providing 4 months of inventory. There were 11 new listings, and 17 homes sold at a median sale price of $1.7m. The median overbid percentage was 100.2%, with an average of 12 days on the market.

There were 59 condo and townhome units for sale, providing 18 months of inventory There were 4 new listings and 2 units sold at a median sale price of $772K. The median overbid percentage was 91%, with an average of 38 days on the market.

Single-Family Homes

11 New Listings

17 Sold Listings

4 Months of Inventory

$1.7M Median Sale Price

100.2%

Median Sale vs List

12 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 2023. 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 2023. Each office is independently owned and operated.

New

Months of 9

Median Sa

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 9m last July 2022, to $1 7m as of July 2023

Condos & Townhomes

The median sales price has decreased from $1m last July 2022, to $772k as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 21 days last July 2022, to 12 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 44 days in July 2022, to 38 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 102 8% last July 2022, to 100 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.9% last July 2022, to 91% a year later.

SouthSan Francisco

What's in the South San Francisco data?

There were 12 single-family homes for sale, providing 5 months of inventory. There were 2 new listings, and 1 home sold at a median sale price of $1.4m. The median overbid percentage was 109 9%, with an average of 11 days on the market

There was no data for condo or townhome units this month.

CO

Condo & No data for this month.

SouthSanFrancisco

Single-Family Homes

The median sales price has increased from $1 3m last July 2022, to $1 4m as of July 2023

Condos & Townhomes

Overbids

Single-Family Homes

The overbid percentage has increased from 100 8% last July 2022, to 109 9% a year later

Condos & Townhomes

No Data For This Month. No Data For This Month No Data For This Month No Data For This Month No Data For This Month.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 46 days last July 2022, to 11 days as of July 2023

Condos & Townhomes

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