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Barbara Brodrick - February 2024 Market Report | East Bay Area

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East Bay Area -

San Mateo County

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Alameda County

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Contra Costa County

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Santa Clara County

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Marin County

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ABOUTME

Barbara Brodrick is a distinguished real estate expert renowned for her profound understanding of the Bay Area's multifaceted markets, cultivated over 4 decades of residency in pivotal locales including San Francisco, Berkeley, Oakland, Los Gatos, Sunnyvale, and San Jose. Her residential insight is complemented by a Bachelor's degree in Fine Arts in Interior Architecture, alongside significant experience at prestigious design establishments in San Francisco and Silicon Valley. Barbara's design proficiency enriches her real estate acumen, enabling her to uncover and enhance the inherent value in properties

BARBARA BRODRICK

Her career trajectory includes pivotal roles in Corporate Real Estate and Facilities expansions for leading International and Fortune 100 corporations, where she sharpened her abilities in complex negotiations and gained deep insights into the competitive nature of real estate. This blend of design sensibility and corporate experience has equipped Barbara with a unique skill set, including meticulous attention to detail, innovative problemsolving, and a strategic approach to real estate transactions

Check out my website here

Each office is independently owned and operated.

East Bay

#01356672 (650) 918-8007 (415) 528-1318

www TheBrodrickGroup com

ClientTestimonials

"Barbara was amazing throughout the entire home buying process She kept us informed every step of the way and helped us find a home we absolutely love. We couldn't be happier with her service!"

-RyanandKellyDavis

"We are so grateful to Barbara for helping us find the perfect home for our familyw Her expertise and patience made the process so much easier. Thank you, Barbara!"

-SarahandTomJohnson

"Barbara is a true professional. She helped us sell our home quickly and for a great price. We highly recommend her!"

-LisaandMikeJackson

For more testimonials, click here

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ScheduleAMeeting Workwith BarbaraBrodrick

I am dedicated to maintaining a longterm business relationship with you, as evidenced by my past work Please contact me when you're ready to move forward with your next purchase or sale, and let's discuss how to make it happen

What’syourhomereallyworthin today’smarket?

That's really 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. At the end of the day, 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

BARBARA BRODRICK

Realtor® DRE #01356672

Barbara@TheBrodrickGroup com www.TheBrodrickGroup.com

WhyHavingYourOwnAgentMatters WhenBuyingaNewConstructionHome

Finding the right home is one of the biggest challenges for potential buyers today Right now, the supply of homes for sale is still low. But there is a bright spot. Newly built homes make up a larger percent of the total homes available for sale than normal. That’s why, if you’re craving more options, it makes sense to see if a newly built home is right for you.

But it’s important to remember the process of working with a builder is different than buying from a homeowner. And, while builders typically have sales agents on-site, having your own agent helps make sure you have proper representation throughout your homebuying journey. As Realtor.com says:

“Keep in mind that the on-site agent you meet at a newconstruction office works for the builder. So, as the homebuyer, it’s a smart idea to bring in your own agent, as well, to help you negotiate and stay protected in the transaction.”

Here’s how having your own agent is key when you build or buy a new construction home.

SanMateoCounty

What's in the San Mateo County data?

There were 334 single-family homes for sale, providing 2.4 months of inventory. There were 319 new listings, and 141 homes sold at a median price of $1.8m. The median overbid percentage was at 100%, with an average of 39 days on the market.

There were 147 condo and townhome units for sale, providing 2.5 months of inventory. There were 115 new listings and 60 units sold at a median sale price of $772k. The median overbid percentage was at 98.6%, with an average of 61 days on the market.

Single-Family Homes

319 New Listings

141 Sold Listings

2.4 Months of Inventory

$1.8M Median Sale Price

100% Median Sale vs List

39 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in East, North, and South Bay area from January 2023 to January 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# 02029039 Copyright KW Advisors East Bay 2024 Each office is independently owned and operated

115

New Listings

60 Sold Listings

2.5

Months of Inventory

$772K

Median Sale Price 98.6%

Median Sale vs List 61 Avg Days on Market

SanMateoCounty

JANUARY 2023 - JANUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Median Sales Price

Single-Family Homes

The median sales price has increased from $1 4m last January 2023, to $1 8m as of January 2024

Condos & Townhomes

The median sales price has decreased from $860k last January 2023, to $772k as of January 2024

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 40 days last January 2023, to 39 days as of January 2024

Condos & Townhomes

The average time spent on the market went up from 50 days in January 2023, to 61 days as of January 2024

Overbids

Single-Family Homes

The overbid percentage has increased from 98% last January 2023, to 100% a year later

Condos & Townhomes

The overbid percentage has increased from 98 5% last January 2023, to 98 6% a year later.

AlamedaCounty

What's in the Alameda data?

There were 1,057, single-family homes for sale, providing 1.3 months of inventory. There were 606 new listings, and 311 homes sold at a median price of $1.1m. The median overbid percentage was at 101.1%, with an average of 26 days on the market.

There were 527 condo and townhome units for sale, providing 2 2 months of inventory There were 271 new listings and 105 units sold at a median sale price of $690k. The median overbid percentage was at 99.3%, with an average of 36 days on the market.

Hle-Family Homes

606 New Listings

311 Sold Listings

1.3 Months of Inventory

101.1 % Median Sale vs List

$1.1M Median Sale Price

26 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in East, North, and South Bay area from January 2023 to January 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# 02029039 Copyright KW Advisors East Bay 2024 Each office is independently owned and operated

271 New Listings

105 Sold Listings

2.2 Months of Inventory $690K Median Sale Price 99.3% Median Sale vs List 36 Avg Days on Market

AlamedaCounty

JANUARY 2023 - JANUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Median Sales Price

Single-Family Homes

The median sales price has increased from $1m last January 2023, to $1 1m as of January 2024

Condos & Townhomes

The median sales price has decreased from $698k last January 2023, to $690k as of January 2024

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 31 days last January 2023, to 26 days as of January 2024

Condos & Townhomes

The average time spent on the market went down from 37 days in January 2023, to 36 days as of January 2024

Overbids

Single-Family Homes

The overbid percentage has increased from 96.1% last January 2023, to 101 1% a year later

Condos & Townhomes

The overbid percentage has increased from 95 6% last January 2023, to 99 3% a year later.

ContraCosta County

What's in the Contra Costa data?

There were 1,152 single-family homes for sale, providing 1.3 months of inventory. There were 608 new listings, and 364 homes sold at a median price of $772k. The median overbid percentage was at 98.6%, with an average of 31 days on the market.

There were 476 condo and townhome units for sale, providing 1.5 months of inventory. There were 230 new listings and 111 units sold at a median sale price of $600k. The median overbid percentage was at 98.9%, with an average of 35 days on the market.

Single-Family Homes

608 New Listings

364 Sold Listings

1.3 Months of Inventory

$772K Median Sale Price

98.6%

Median Sale vs List

31 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in East, North, and South Bay area from January 2023 to January 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# 02029039 Copyright KW Advisors East Bay 2024 Each office is independently owned and operated

230

New Listings

111

Sold Listings

1.5

Months of Inventory

$600K

Median Sale Price 98.9%

Median Sale vs List 35 Avg Days on Market

ContraCostaCounty

JANUARY 2023 - JANUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Median Sales Price

Single-Family Homes

The median sales price has increased from $725k last January 2023, to $772k as of January 2024

Condos & Townhomes

The median sales price has increased from $492k last January 2023, to $600k as of January 2024

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 44 days last January 2023, to 31 days as of January 2024

Condos & Townhomes

The average time spent on the market went down from 37 days in January 2023, to 35 days as of January 2024

Overbids

Single-Family Homes

The overbid percentage has increased from 94.2% last January 2023, to 98 6% a year later

Condos & Townhomes

The overbid percentage has increased from 96 2% last January 2023, to 98 9% a year later.

Santa Coun

What's in County da

There were 984 providing 1.2 m 528 new listing median price of percentage wa 25 days on the

There were 555 sale, providing were 290 new l median sale pri overbid percen average of 25 d

528 New Listings

346 Sold Listings

1.2 Months of Inventory

$1.7M Median Sale Price

101.4% Median Sale vs List

25 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in East, North, and South Bay area from January 2023 to January 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# 02029039 Copyright KW Advisors East Bay 2024 Each office is independently owned and operated

290

New Listings

1.2

Months of Inventory

143

Sold Listings

$925K

Median Sale Price 99.8%

Median Sale vs List 25 Avg Days on Market

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Median Sales Price

Single-Family Homes

The median sales price has increased from $1 5m last January 2023, to $1 7m as of January 2024

Condos & Townhomes

The median sales price has increased from $875k last January 2023, to $925k as of January 2024

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 35 days last January 2023, to 25 days as of January 2024

Condos & Townhomes

The average time spent on the market went down from 33 days in January 2023, to 25 days as of January 2024

Overbids

Single-Family Homes

The overbid percentage has increased from 94.4% last January 2023, to 101 4% a year later

Condos & Townhomes

The overbid percentage has increased from 97 7% last January 2023, to 99 8% a year later.

MarinCounty

What's in the Marin County data?

There were 18 single-family homes for sale, providing 1.5 months of inventory. There were 3 new listings, and 3 homes sold at a median price of $1.3m. The median overbid percentage was at 93.2%, with an average of 57 days on the market.

There were 16 condo and townhome units for sale, providing 5.5 months of inventory. There were 8 new listings and 2 units sold at a median sale price of $868k. The median overbid percentage was at 98.1%, with an average of 282 days on the market.

Single-Family Homes

3 New Listings

3 Sold Listings

1.5 Months of Inventory

$1.3M

Median Sale Price

93.2%

Median Sale vs List

57 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in East, North, and South Bay area from January 2023 to January 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# 02029039 Copyright KW Advisors East Bay 2024 Each office is independently owned and operated

8

New Listings

2 Sold Listings

5.5

Months of Inventory

$868K

Median Sale Price 98.1%

Median Sale vs List

282 Avg Days on Market

MarinCounty

JANUARY 2023 - JANUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Median Sales Price

Single-Family Homes

The median sales price has increased from $885k last January 2023, to $1 3m as of January 2024

Condos & Townhomes

The median sales price has increased from $0 last January 2023, to $868k as of January 2024

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 69 days last January 2023, to 57 days as of January 2024

Condos & Townhomes

The average time spent on the market went up from 74 days in January 2023, to 282 days as of January 2024

Overbids

Single-Family Homes

The overbid percentage has decreased from 101.1% last January 2023, to 93 2% a year later

Condos & Townhomes

The overbid percentage has increased from 0 0% last January 2023, to 98 1% a year later.

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