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Jenah Robles- October 2023 Market Report | Peninsula Estates

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Peninsula Estates

San Francisco County

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San Mateo County

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Belmont

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Jump to Burlingame Report Burlingame

Jump to Daly City Report Daly City

Foster City

Jump to Foster City Report

Half Moon Bay

Jump to Half Moon Bay Report

Hillsborough

Jump to Hillsborough Report

Jump to Millbrae Report

Jump to Pacifica Report

San Bruno

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San Carlos

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San Mateo

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South San Francisco

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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 in today's market?

Icanhelp...

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

UnderstandingtheBenefitsof OwningYourFirstHome

Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup:

“When asked why they purchased their first home recently, the answer was simple: because they wanted to. Either the desire to stop renting or recognition that homeownership is a smart financial investment was the main motivator for 72% of respondents.”

While that survey looked specifically at first-time homebuyers buying newly built homes, the same sentiment is true for just about anyone buying their first home. Here’s a bit more information to help you think about those two benefits of homeownership to see if they’re a key factor for you, too.

Your Personal "Easy" button

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Let our financial tools work hard for you.

We gather the largest array of wholesale & retail lenders to compete for your loan! So you get the lowest rate while we do the work.

WHY YOU NEED A HOME WARRANTY

There are many compelling reasons to join American Home Shield. Simply put — a home warranty protects your budget and provides peace of mind.

HOME WARRANTY BENEFITS

Here are just a few of the advantages of having coverage:

1 Budget protection when systems and appliances like your A/C and fridge inevitably stop working.

2 Peace of mind because you have a plan in place and know exactly who to call when something goes wrong.

3 The time-saving convenience of not having to search for someone to get the job done. We do that for you.

4 With our 30-day workmanship guarantee, if you have an issue with your completed repair within 30 days of service, we’ll send a contractor back out for free. Contact me, your Real Estate Expert, for support and to learn more about AHS.

Considering living in your house during a remodel?

FOUR Essential Tips

Opting to stay in your home during a remodel can feel like a stressful and cramped arrangement. It can be frustrating to live amidst subcontractors coming and going, noise levels, dust and debris, and rotating schedules.

If you ’ re considering staying in your home during a remodel, we have a handful of tips that will help you master your planning (and muster your patience):

Protect kids, elderly, and pets

Four Essentia Tips!

Move any food, supplies, and belongings

Designate your work, living, and play areas

Get a kitchen and bathroom strategy in place

Be sure to contain and clean the areas that you will be using to ensure that your children, seniors, and pets are out of harm's way and breathing clean air

Identifying essential items that you’ll need throughout the project and moving them to a room that will remain utilized throughout the process. Organize boxes of items by category so that they’re easy to locate and keep tidy.

Temporary barriers, substitute facilities, and alternate routes can be set up to help keep you and your family clear of dust, noise, and any dangers from the active worksite.

Strategize renovating one bathroom at a time so others can stay in use throughout the process. Planning a daily schedule helps everyone get their needs met without creating a traffic jam and thereby minimize stress.

amily Homes

ntory

137 Sold Listings

$1.5M Median Sale Price

1% s List

28 Avg Days on Market

MLS Listings Inc, includes all single-family homes, condos and California Area from September 2022 to September 2023. This may data, and may vary from the time the data was gathered. All data is guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula San Mateo 2023. Each office is independently owned and

Median Sale vs List Av

coCounty

SEPTEMBER 2022 - SEPTEMBER 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 6m last September 2022, to $1 5m as of September 2023

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 27 days last September 2022, to 28 days as of September 2023

Condos & Townhomes

The average time spent on the market went down from 54 days in September 2022, to 53 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 108 4% last September 2022, to 107 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.7% last September 2022, to 98.9% a year later.

SanMateo County

What's in the San Mateo County data?

There were 587 single-family homes for sale, providing 2 months of inventory. There were 531 new listings, and 299 homes sold at a median price of $1.8m. The median overbid percentage was 103 4%, with an average of 25 days on the market.

There were 223 condo and townhome units for sale, providing 2.6 months of inventory. There were 144 new listings and 86 units sold at a median price of $902k. The median overbid percentage was 100.6%, with an average of 35 days on the market

Single-Family Homes

531 New Listings

299 Sold Listings

2 Months of Inventory

$1.8M Median Sale Price

103.4%

Median Sale vs List

25 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 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.

144

SanMateoCounty

SEPTEMBER 2022 - SEPTEMBER 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 increased from $1 7m last September 2022, to $1 8m as of September 2023

Condos & Townhomes

The median sales price has decreased from $910k last September 2022, to $902k as of September 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 29 days last September 2022, to 25 days as of September 2023

Condos & Townhomes

The average time spent on the market went down from 37 days in September 2022, to 35 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 8% last September 2022, to 103 4% a year later

Condos & Townhomes

The overbid percentage has increased from 99.7% last September 2022, to 100.6% a year later.

Belmont

What's in the Belmont data?

There were 17 single-family homes for sale, providing 1.7 months of inventory. There were 20 new listings and 10 homes sold at a median price of $2.3m. The median overbid percentage was 99.4%, with an average of 18 days on the market.

There were 2 condo and townhome units for sale, providing 0 months of inventory. There were 2 new listings and 0 units sold

Single-Family Homes

20 New Listings

10 Sold Listings

1.7 Months of Inventory

$2.3M Median Sale Price

99.4% Median Sale vs List

18 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 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

Sold Listings

SEPTEMBER 2022 - SEPTEMBER 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 4m last September 2022, to $2 3m as of September 2023

Condos & Townhomes

The median sales price has decreased from $1m last September 2022, to $0 as of September 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 27 days last September 2022, to 18 days as of September 2023

Condos & Townhomes

The average time spent on the market went down from 70 days in September 2022, to 0 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 101 7% last September 2022, to 99 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 97.9% last September 2022, to 0% a year later.

Burlingame

What's in the Burlingame data?

There were 32 single-family homes for sale, providing 1.8 months of inventory. There were 26 new listings and 18 homes sold at a median price of $2.4m. The median overbid percentage was 98.3%, with an average of 37 days on the market.

There were 6 condo and townhome units for sale, providing 0.9 months of inventory. There were 2 new listings and 7 units sold at a median price of $1m. The median overbid percentage was 98.5%, with an average of 32 days on the market.

Single-Family Homes

26 New Listings

18 Sold Listings

1.8 Months of Inventory

$2.4M Median Sale Price

98.3%

Median Sale vs List

37 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 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

Burlingame

SEPTEMBER 2022 - SEPTEMBER 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 5m last September 2022, to $2 4m as of September 2023

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 29 days last September 2022, to 37 days as of September 2023

Condos & Townhomes

The average time spent on the market went up from 30 days in September 2022, to 32 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 101 1% last September 2022, to 98 3% a year later

Condos & Townhomes

The overbid percentage has increased from 97.1% last September 2022, to 98.5% a year later.

DalyCity

What's in the Daly City data?

There were 34 single-family homes for sale, providing 1.2 months of inventory. There were 39 new listings and 28 homes sold at a median price of $1.2m. The median overbid percentage was 108.5%, with an average of 15 days on the market.

There were 26 condo and townhome units for sale, providing 8.7 months of inventory. There were 15 new listings and 8 7 units sold at a median price of $525k. The median overbid percentage was 99.9%, with an average of 30 days on the market.

Single-Family Homes

39 New Listings

28 Sold Listings

1.2 Months of Inventory

$1.2M Median Sale Price

108.5%

Median Sale vs List

15 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 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.

City

SEPTEMBER 2022 - SEPTEMBER 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 increased from $1 1m last September 2022, to $1 2m as of September 2023

Condos & Townhomes

The median sales price has decreased from $699k last September 2022, to $525k as of September 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 20 days last September 2022, to 15 days as of September 2023

Condos & Townhomes

The average time spent on the market went up from 14 days in September 2022, to 30 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 2% last September 2022, to 108 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.5% last September 2022, to 99.9% a year later.

FosterCity

What's in the Foster City data?

There were 4 single-family homes for sale, providing 0.5 months of inventory. There were 11 new listings and 8 homes sold at a median price of $2.1m. The median overbid percentage was 101.5%, with an average of 33 days on the market.

There were 26 condo and townhome units for sale, providing 1.9 months of inventory. There were 20 new listings and 14 units sold at a median price of $1.2m. The median overbid percentage was 104.8%, with an average of 14 days on the market.

Single-Family Homes

11 New Listings

8 Sold Listings

0.5 Months of Inventory

$2.1M Median Sale Price

101.5%

Median Sale vs List

33 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 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.

20

1.9

FosterCity

SEPTEMBER 2022 - SEPTEMBER 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 September 2022, to $2 1m as of September 2023

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 25 days last September 2022, to 33 days as of September 2023

Condos & Townhomes

The average time spent on the market went down from 16 days in September 2022, to 14 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 102 5% last September 2022, to 101 5% a year later

Condos & Townhomes

The overbid percentage has increased from 101.7% last September 2022, to 104.8% a year later.

HalfM Bay

What's in the Half data?

There were 18 single-family providing 2.6 months of inve new listings and 7 homes so of $2.1m. The median overb 99 5%, with an average of 25

There was 1 condo and town providing 0.3 months of inve new listing and 4 units were of $875k. The median overbi 98.9%, with an average of 47

Single-Family Homes

11 New Listings

7 Sold Listings

2.6 Months of Inventory

$2.1M Median Sale Price

99.5% Median Sale vs List

25 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 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.

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 increased from $1 5m last September 2022, to $2 1m as of September 2023

Condos & Townhomes

The median sales price has decreased from $950k last September 2022, to $875k as of September 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last September 2022, to 25 days as of September 2023

Condos & Townhomes

The average time spent on the market went down from 67 days in September 2022, to 47 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 98 7% last September 2022, to 99 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last September 2022, to 98.9% a year later.

Hillsborough

What's in the Hillsborough data?

There were 33 single-family homes for sale, providing 3 months of inventory There were 16 new listings and 11 homes sold at a median price of $4.5m. The median overbid percentage was 101.2%, with an average of 23 days on the market.

There was no data for condo and townhouse units this month.

Single-Family Homes

16 New Listings

11 Sold Listings

3 Months of Inventory

$4.5M Median Sale Price

101.2%

Median Sale vs List

23 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 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

Last 12 months, year-over-year.

No data for this month

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $5 4m last September 2022, to $4 5m as of September 2023

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 71 days last September 2022, to 23 days as of September 2023

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has increased from 96 2% last September 2022, to 101 2% a year later

Condos & Townhomes

No data for this month

Millbrae

What's in the Millbrae data?

There were 16 single-family homes for sale, providing 1.8 months of inventory. There were 21 new listings and 9 homes sold at a median price of $2.1m. The median overbid percentage was 108.3%, with an average of 11 days on the market.

There were 2 condo and townhome units for sale, providing 0.7 months of inventory. There were 2 new listings and 3 units sold at a median price of $728k. The median overbid percentage was 98.7%, with an average of 28 days on the market.

Single-Family Homes

21 New Listings

9 Sold Listings

1.8 Months of Inventory

$2.1M Median Sale Price

108.3%

Median Sale vs List

11 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 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

Listings

3 Sold Listings

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 increased from $1 7m last September 2022, to $2 1m as of September 2023

Condos & Townhomes

The median sales price has decreased from $1m last September 2022, to $728k as of September 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 29 days last September 2022, to 11 days as of September 2023

Condos & Townhomes

The average time spent on the market went down from 39 days in September 2022, to 28 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 104 2% last September 2022, to 108 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 111.2% last September 2022, to 98.7% a year later.

Pacifica

What's in the Paci

There were 36 single-family h providing 2.3 months of inve new listings, and 16 homes s of $1.3m. The median overbi 100.3%, with an average of 3

There were 16 condo and tow sale, providing 4 months of in 11 new listings and 4 units s of $775k. The median overbi 101.2%, with an average of 3

Single-Family Homes

36 New Listings

16 Sold Listings

2.3 Months of Inventory

$1.3M Median Sale Price

100.3% Median Sale vs List

30 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 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.

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 increased from $1 2m last September 2022, to $1 3m as of September 2023

Condos & Townhomes

The median sales price has decreased from $940k last September 2022, to $775k as of September 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 26 days last September 2022, to 30 days as of September 2023

Condos & Townhomes

The average time spent on the market went up from 25 days in September 2022, to 33 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 102 3% last September 2022, to 100 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.6% last September 2022, to 101.2% a year later.

Single-Family Homes

28 New Listings

14 Sold Listings

1.1 Months of Inventory

$1.2M Median Sale Price

104.6% Median Sale vs List

22 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 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.

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 3m last September 2022, to $1 2m as of September 2023

Condos & Townhomes

The median sales price has decreased from $537k last September 2022, to $515k as of September 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 34 days last September 2022, to 22 days as of September 2023

Condos & Townhomes

The average time spent on the market went down from 21 days in September 2022, to 12 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 99 9% last September 2022, to 104 6% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.5% last September 2022, to 98.3% a year later.

SanCarlos

What's in the San Carlos data?

There were 38 single-family homes for sale, providing 1.7 months of inventory. There were 44 new listings and 22 homes sold at a median price of $2.4m. The median overbid percentage was 105.8%, with an average of 19 days on the market.

There were 11 condo and townhome units for sale, providing 1.8 months of inventory. There were 5 new listings and 6 units sold at a median price of $1.1m. The median overbid percentage was 110.2%, with an average of 37 days on the market.

Single-Family Homes

44 New Listings

22 Sold Listings

1.7 Months of Inventory

$2.4M Median Sale Price

105.8% Median Sale vs List

19 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 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.

5

New Listings

1.8

Months of Inventory

$1.1M Median Sale Price 110.2%

Median Sale vs List 37 Avg Days on Market 6 Sold Listings

Carlos

SEPTEMBER 2022 - SEPTEMBER 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 increased from $2 3m last September 2022, to $2 4m as of September 2023

Condos & Townhomes

The median sales price has increased from $904k last September 2022, to $1 1m as of September 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 26 days last September 2022, to 19 days as of September 2023

Condos & Townhomes

The average time spent on the market went down from 54 days in September 2022, to 37 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 2% last September 2022, to 105 8% a year later

Condos & Townhomes

The overbid percentage has increased from 97.9% last September 2022, to 110.2% a year later.

SanMateo

What's in the San Mateo data?

There were 48 single-family homes for sale, providing 1.4 months of inventory. There were 62 new listings, and 35 homes sold at a median price of $1.9m. The median overbid percentage was 106.1%, with an average of 24 days on the market.

There were 60 condo and townhome units for sale, providing 2.5 months of inventory. There were 34 new listings and 24 units sold at a median price of $945k. The median overbid percentage was 98.6%, with an average of 65 days on the market.

Single-Family Homes

62 New Listings

35 Sold Listings

1.4 Months of Inventory

$1.9M Median Sale Price

106.1%

Median Sale vs List

24 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 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.

34

SanMateo

SEPTEMBER 2022 - SEPTEMBER 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 increased from $1 7m last September 2022, to $1 9m as of September 2023

Condos & Townhomes

The median sales price has increased from $815k last September 2022, to $945k as of September 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 27 days last September 2022, to 24 days as of September 2023

Condos & Townhomes

The average time spent on the market went up from 51 days in September 2022, to 65 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 101% last September 2022, to 106 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.9% last September 2022, to 98.6% a year later.

SouthSan Francisco

What's in the South San Francisco data?

There were 21 single-family homes for sale, providing 0.8 months of inventory. There were 22 new listings and 28 homes sold at a median price of $1.2m. The median overbid percentage was 107%, with an average of 18 days on the market

There were 12 condo and townhome units for sale, providing 4 months of inventory. There were 11 new listings and 3 units sold at a median price of $618k. The median overbid percentage was 101.9%, with an average of 11 days on the market.

SouthSanFrancisco

SEPTEMBER 2022 - SEPTEMBER 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 increased from $1 2m last September 2022, to $1 3m as of September 2023

Condos & Townhomes

The median sales price has decreased from $700k last September 2022, to $618k as of September 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 25 days last September 2022, to 18 days as of September 2023

Condos & Townhomes

The average time spent on the market went down from 75 days in September 2022, to 11 days as of September 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 101 8% last September 2022, to 107% a year later

Condos & Townhomes

The overbid percentage has increased from 97.4% last September 2022, to 101.9% a year later.

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Jenah Robles- October 2023 Market Report | Peninsula Estates by Procasa Technologies, Inc - Issuu