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The Cunningham Group - January 2024 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

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Half Moon Bay

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Hillsborough

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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.

3KeystoHittingYour HomeownershipGoalsin2024

If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus.

Over the last year, the economy had a big impact on the housing market, and likely on your wallet too. That’s why it’s critical to have a clear picture of not just the market today, but also on what you want out of it when you buy or sell a home. Danielle Hale, Chief Economist at Realtor.com, explains:

“The key to making a good decision in this challenging housing market is to be laser focused on what you need now and in the years ahead, so that you can stay in your home long enough that buying is a sound financial decision.”

Here are a few things to think through as you define your goals for 2024.

HOW TO BUDGET FOR UNEXPECTED

Unlock homeownership confidently! Prepare for hidden costs like inspections and renovations. Take control with a strategic plan:

Save for Unexpected Costs

1

Ensure a worry-free home with a proactive maintenance plan! Allocate 1-2% of your home's value yearly for repairs, creating a financial safety net. Even $20 a week adds up, offering peace of mind for unexpected expenses. Safeguard your home and finances with a well-crafted budget.

2

3

Keep your appliances and systems in good shape.

Elevate your homeownership with proactive care! Craft a seasonal to-do list, from flushing your water heater to changing filters and cleaning gutters. Enjoy smooth operation, reduce repair frequency, and discover the joy of a well-maintained home.

Consider getting a home warranty

Secure your home's future with American Home Shield® Our budget-friendly plans handle repairs and replacements, giving you peace of mind in homeownership.

Contact me, your Real Estate Expert, for support and to learn more about AHS.

Looking to lighten the mood in your laundry room?

EIGHTEYECATCHING

Laundry Room Colors

To Look Out For

These refreshing colors make the wash-and-dry chore a little more pleasant.

Tranquil Blue

View it here

Eight Colrs fo Laundry

Sage Green

View it here

White

View it here

Yellow

View it here

Gray

View it here

Dusty Pink

View it here

View it here

Navy Blue Purple

View it here

Create a tranquil laundry space with Benjamin Moore's Beach Glass Its light blue shade, coupled with a subtle gray undertone, offers a clean and versatile aesthetic that avoids any baby nursery associations.

Transform your space with earthy tones like October Mist and Gloucester Sage from Benjamin Moore Test out the trendy sage in your laundry room for a lowcommitment update easy to change and customize, ensuring lasting satisfaction with your design choice.

Create an elegant laundry room with Chantilly Lace by Benjamin Moore The classic white choice adds sophistication, opens up the space, and simplifies stain detection

Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn or Upbeat bring warmth and optimism, while Pearly White offers a mellow option a yellow-based white that brings a perfect harmony of vibrancy and calmness.

Gray remains a top choice for laundry room walls, providing a timeless and serene backdrop A soft gray for a whisper of sophistication, easily personalized with printed patterned tile flooring or Behr's bold 2024 Color of the Year, Cracked Pepper

Sherwin-Williams' Rosebud for a touch of romance in laundry rooms. The dusty pink hue, paired with gold accents, adds a luxurious and warm atmosphere.

Navy as the key to a striking laundry room Beyond lighter blues, navy paired with lighter accents or white fixtures, especially Benjamin Moore's Hale Navy, creates a bold choice that makes the laundry room stand out.

Dare to take a style risk in your laundry room with a pop of color. Opt for the subtle smoky lavender of Farrow & Ball's Peignoir for a neutral touch or go all-out glam with Backdrop's dark and vampy McQueen, drawing inspiration from the famous fashion designer.

Source : https://www familyhandyman com/list/laundry-room-colors/

ntory

MLS Listings Inc, includes all single-family homes, condos and California Area from December 2022 to December 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 2024. Each office is independently owned and amily Homes

120 Sold Listings

$1.4M Median Sale Price

7% s List

39 Avg Days on Market

3.2

Months of Inventory M 98.8%

Median Sale vs List Av

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 5m last December 2022, to $1 4m as of December 2023

Condos & Townhomes

The median sales price has increased from $984k last December 2022, to $1m as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 36 days last December 2022, to 39 days as of December 2023

Condos & Townhomes

The average time spent on the market remained the same at 71 days in December 2022, to 71 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 9% last December 2022, to 103 7% a year later

Condos & Townhomes

The overbid percentage has increased from 98.5% last December 2022, to 98.8% a year later.

SanMateo County

What's in the San Mateo County data?

There were 292 single-family homes for sale, providing 1.2 months of inventory. There were 141 new listings, and 253 homes sold at a median price of $1.6m. The median overbid percentage was at 101 5%, with an average of 32 days on the market.

There were 143 condo and townhome units for sale, providing 2.2 months of inventory. There were 45 new listings and 65 units sold at a median sale price of $828k. The median overbid percentage was at 99.6%, with an average of 52 days on the market

SFH

Single-Family Homes

141 New Listings

253 Sold Listings

1.2 Months of Inventory

$1.6M Median Sale Price

101.5%

Median Sale vs List

32 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

45

New Listings

65 Sold Listings

2.2

Months of Inventory

$828

Median Sale Price 99.6%

Median Sale vs List 52 Avg Days on Market

SanMateoCounty

DECEMBER 2022 - DECEMBER 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 5m last December 2022, to $1 6m as of December 2023

Condos & Townhomes

The median sales price has increased from $825k last December 2022, to $828k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 37 days last December 2022, to 32 days as of December 2023

Condos & Townhomes

The average time spent on the market went up from 47 days in December 2022, to 52 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 99 2% last December 2022, to 101 5% a year later

Condos & Townhomes

The overbid percentage has increased from 97.3% last December 2022, to 99.6% a year later.

Belmont

What's in the Belmont data?

There were 9 single-family homes for sale, providing 1.1 months of inventory. There were 6 new listings, and 8 homes sold at a median price of $1.7m. The median overbid percentage was at 100.9%, with an average of 54 days on the market.

There were 2 condo and townhome units for sale, providing 0.7 months of inventory. There were 0 new listings and 3 units sold at a median sale price of $1.5m. The median overbid percentage was at 100%, with an average of 38 days on the market.

SFH

Single-Family Homes

6 New Listings

8 Sold Listings

1.1 Months of Inventory

$1.7M Median Sale Price

100.9%

Median Sale vs List

54 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

Condo & Townhomes

New Listings

3

Sold Listings

0.7

Months of Inventory

$1.5M

Median Sale Price 100%

Median Sale vs List

38 Avg Days on Market

DECEMBER 2022 - DECEMBER 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 78m last December 2022, to $1 70m as of December 2023

Condos & Townhomes

The median sales price has increased from $1m last December 2022, to $1 5m as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 32 days last December 2022, to 54 days as of December 2023

Condos & Townhomes

The average time spent on the market went down from 71 days in December 2022, to 38 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 97 2% last December 2022, to 100 9% a year later

Condos & Townhomes

The overbid percentage has increased from 96.2% last December 2022, to 100% a year later.

Burlingame

What's in the Burlingame data?

There were 10 single-family homes for sale, providing 0.8 months of inventory. There were 5 new listings, and 12 homes sold at a median price of $2.7m. The median overbid percentage was at 99.8%, with an average of 28 days on the market.

There were 3 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 at 0%, with an average of 0 days on the market.

SFH

Single-Family Homes

5 New Listings

12 Sold Listings

0.8 Months of Inventory

$2.7M Median Sale Price

99.8%

Median Sale vs List

28 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

Condo & Townhomes

2

New Listings

0

Sold Listings

Months of Inventory $0

Median Sale Price 0%

Median Sale vs List 0 Avg Days on Market 0

Burlingame

DECEMBER 2022 - DECEMBER 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 8 last December 2022, to $2 7 as of December 2023

Condos & Townhomes

The median sales price has remained the same from $0 last December 2022, to $0 as of December 2023

AVGDays OntheMarket

Single-Family Homes

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

Condos & Townhomes

The average time spent on the market remained the same from 0 days in December 2022, to 0 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 95 3% last December 2022, to 99 8% a year later

Condos & Townhomes

The overbid percentage has remained the same from 0% last December 2022, to 0% a year later.

DalyCity

What's in the Daly City data?

There were 17 single-family homes for sale, providing 0.7 months of inventory. There were 10 new listings, and 26 homes sold at a median price of $1m. The median overbid percentage was at 107.2%, with an average of 23 days on the market.

There were 15 condo and townhome units for sale, providing 1.7 months of inventory. There were 7 new listings and 9 units sold at a median sale price of $600k. The median overbid percentage was at 99.6%, with an average of 37 days on the market.

SFH

Single-Family Homes

10 New Listings

26 Sold Listings

0.7 Months of Inventory

$1M Median Sale Price

107.2%

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 December 2022 to December 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 2024. Each office is independently owned and operated.

New Listings

1.7

Months of Inventory $600K Median Sale Price 99.6%

Median Sale vs List 37 Avg Days on Market 9 Sold Listings

DECEMBER 2022 - DECEMBER 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 1m last December 2022, to 1m as of December 2023

Condos & Townhomes

The median sales price has decreased from $674k last December 2022, to $600k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 36 days last December 2022, to 23 days as of December 2023

Condos & Townhomes

The average time spent on the market went down from 51 days in December 2022, to 37 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 101% last December 2022, to 107 2% a year later

Condos & Townhomes

The overbid percentage has remained the same at 99.6% last December 2022, to 99.6% a year later.

FosterCity

What's in the Foster City data?

There were 2 single-family homes for sale, providing 0.1 months of inventory. There were 2 new listings, and 9 homes sold at a median price of $2.4m. The median overbid percentage was at 103.5%, with an average of 20 days on the market.

There were 16 condo and townhome units for sale, providing 1.8 months of inventory. There were 8 new listings and 9 units sold at a median sale price of $1.2m. The median overbid percentage was at 98.8%, with an average of 49 days on the market.

SFH

Single-Family Homes

2 New Listings

9 Sold Listings

0.1 Months of Inventory

$2.4M Median Sale Price

103.5%

Median Sale vs List

20 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

Condo & Townhomes

8

New Listings

9

Sold Listings

1.8

Months of Inventory

$1.2M

Median Sale Price 98.8%

Median Sale vs List

49 Avg Days on Market

DECEMBER 2022 - DECEMBER 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 9m last December 2022, to $2 4m as of December 2023

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 13 days last December 2022, to 20 days as of December 2023

Condos & Townhomes

The average time spent on the market went up from 22 days in December 2022, to 49 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 98 2% last December 2022, to 103 5% a year later

Condos & Townhomes

The overbid percentage has increased from 95.1% last December 2022, to 98.8% a year later.

HalfM Bay

What's in the Half data?

There were 20 single-family providing 3.3 months of inve new listings, and 6 homes so of $2.1m. The median overb 92 9%, with an average of 29

There were 1 condo and tow providing 1 month of invento listings and 1 unit sold at a m $725k. The median overbid p 121.2%, with an average of 1

SFH

Single-Family Homes

6 New Listings

6 Sold Listings

3.3 Months of Inventory

$2.1M Median Sale Price

92.9% Median Sale vs List

29 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

Listings

Median Sale vs List 10 Avg Days on Market 1 Sold Listing

1 Month of Inventory $725K Median Sale Price 121.2%

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 9m last December 2022, to $2 1m as of December 2023

Condos & Townhomes

The median sales price has increased from $0 last December 2022, to $725k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 18 days last December 2022, to 29 days as of December 2023

Condos & Townhomes

The average time spent on the market went up from 0 days in December 2022, to 10 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98 3% last December 2022, to 92 9% a year later

Condos & Townhomes

The overbid percentage has increased from 0% last December 2022, to 121.2% a year later.

Hillsborough

What's in the Hillsborough data?

There were 18 single-family homes for sale, providing 6 months of inventory. There were 8 new listings, and 3 homes sold at a median price of $3.8m. The median overbid percentage was at 96.2%, with an average of 18 days on the market.

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

SFH

Single-Family Homes

8 New Listings

3 Sold Listings

6 Months of Inventory

$3.8M Median Sale Price

96.2%

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 December 2022 to December 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 2024. Each office is independently owned and operated.

CONDO

Condo & Townhomes

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 increased from $3 7m last December 2022, to $3 8m as of December 2023

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 90 days last December 2022, to 18 days as of December 2023

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has increased from 90 5% last December 2022, to 96 2% a year later

Condos & Townhomes

No data for this month

Millbrae

What's in the Millbrae data?

There were 5 single-family homes for sale, providing 1.3 months of inventory. There were 3 new listings, and 4 homes sold at a median price of $2.4m. The median overbid percentage was at 107.9%, with an average of 12 days on the market.

There were 3 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 at 0%, with an average of 0 days on the market.

SFH

Single-Family Homes

3 New Listings

4 Sold Listings

1.3 Months of Inventory

$2.4M Median Sale Price

107.9%

Median Sale vs List

12 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

Condo & Townhomes

2

New Listings

0

Sold Listings

Months of Inventory $0

Median Sale Price 0%

Median Sale vs List 0 Avg Days on Market 0

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 8m last December 2022, to $2 4m as of December 2023

Condos & Townhomes

The median sales price has decreased from $920k last December 2022, to $0 as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 22 days last December 2022, to 12 days as of December 2023

Condos & Townhomes

The average time spent on the market went down from 23 days in December 2022, to 0 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 99 5% last December 2022, to 107 9% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.3% last December 2022, to 0% a year later.

Pacifica

What's in the Paci

There were 19 single-family h providing 0.9 months of inve new listings, and 22 homes s of $1.1m. The median overbi 100.4%, with an average of 2

There were 7 condo and tow providing 1.4 months of inve new listing and 5 units sold a of $800k. The median overbi 96.5%, with an average of 61

SFH

Single-Family Homes

14 New Listings

22 Sold Listings

0.9 Months of Inventory

$1.1M Median Sale Price

100.4%

Median Sale vs List

27 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

Condo & Townhomes

1

New Listing

5 Sold Listings

1.4

Months of Inventory

$800K

Median Sale Price 96.5%

Median Sale vs List 61 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 15m last December 2022, to $1 18m as of December 2023

Condos & Townhomes

The median sales price has increased from $0 last December 2022, to $800k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 41 days last December 2022, to 27 days as of December 2023

Condos & Townhomes

The average time spent on the market went up from 0 days in December 2022, to 61 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 99 4% last December 2022, to 100 4% a year later

Condos & Townhomes

The overbid percentage has increased from 0% last December 2022, to 96.5% a year later.

SFH

Single-Family Homes

7 New Listings

14 Sold Listings

0.6 Months of Inventory

$1.2M Median Sale Price

103.9%

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 December 2022 to December 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 2024. Each office is independently owned and operated.

1 New Listing

5 Sold Listings

1 Month of Inventory $490K Median Sale Price 102.6%

Median Sale vs List 47 Avg Days on Market

Single-Family Homes

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 21m last December 2022, to $1 22m as of December 2023

Condos & Townhomes

The median sales price has decreased from $662k last December 2022, to $490k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 34 days last December 2022, to 30 days as of December 2023

Condos & Townhomes

The average time spent on the market went up from 30 days in December 2022, to 47 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 1% last December 2022, to 103 9% a year later

Condos & Townhomes

The overbid percentage has increased from 99.7% last December 2022, to 102.6% a year later.

SanCarlos

What's in the San Carlos data?

There were 14 single-family homes for sale, providing 0.8 months of inventory. There were 4 new listings, and 17 homes sold at a median price of $2.3m. The median overbid percentage was at 102.3%, with an average of 37 days on the market.

There were 8 condo and townhome units for sale, providing 4 months of inventory. There were 2 new listings and 2 units sold at a median sale price of $1m. The median overbid percentage was at 99.4%, with an average of 145 days on the market.

SFH

Single-Family Homes

4 New Listings

17 Sold Listings

0.8 Months of Inventory

$2.3M Median Sale Price

102.3%

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 December 2022 to December 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 2024. Each office is independently owned and operated.

2 New Listings

& Townhomes

2 Sold Listings

4 Months of Inventory $1M

Median Sale Price 99.4%

Median Sale vs List 145 Avg Days on Market

DECEMBER 2022 - DECEMBER 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 9m last December 2022, to $2 3m as of December 2023

Condos & Townhomes

The median sales price has remained the same from $0 last December 2022, to $0 as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 0 days last December 2022, to 0 days as of December 2023

Condos & Townhomes

The average time spent on the market remained the samefrom 0 days in December 2022, to 0 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 99 2% last December 2022, to 102 3% a year later

Condos & Townhomes

The overbid percentage has remained the same from 99.7% last December 2022, to 99.4% a year later.

SanMateo

What's in the San Mateo data?

There were 16 single-family homes for sale, providing 0.5 months of inventory. There were 7 new listings, and 34 homes sold at a median price of $1.6m. The median overbid percentage was at 102.7%, with an average of 24 days on the market.

There were 36 condo and townhome units for sale, providing 1.9 months of inventory. There were 11 new listings and 19 units sold at a median sale price of $710k. The median overbid percentage was at 99.9%, with an average of 58 days on the market.

SFH

Single-Family Homes

7 New Listings

34 Sold Listings

0.5 Months of Inventory

$1.6M Median Sale Price

102.7%

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 December 2022 to December 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 2024. Each office is independently owned and operated.

New Listings

19

Sold Listings

1.9

Months of Inventory

$710K

Median Sale Price 99.9%

Median Sale vs List 58

Avg Days on Market

SanMateo

DECEMBER 2022 - DECEMBER 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 8m last December 2022, to $1 6m as of December 2023

Condos & Townhomes

The median sales price has decreased from $1m last December 2022, to $710k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 33 days last December 2022, to 24 days as of December 2023

Condos & Townhomes

The average time spent on the market went up from 57 days in December 2022, to 58 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 7% last December 2022, to 102 7% a year later

Condos & Townhomes

The overbid percentage has increased from 96.6% last December 2022, to 99.9.% a year later.

SouthSan Francisco

What's in the South San Francisco data?

There were 10 single-family homes for sale, providing 0.6 months of inventory. There were 10 new listings, and 16 homes sold at a median price of $1.1m. The median overbid percentage was at 103 1%, with an average of 21 days on the market

There were 14 condo and townhome units for sale, providing 7 months of inventory. There were 2 new listings and 2 units sold at a median sale price of $657k. The median overbid percentage was at 98.3%, with an average of 33 days on the market.

SFH

Single-Family Homes

10 New Listings

16 Sold Listings

0.6 Months of Inventory

$1.8M Median Sale Price

103.1%

Median Sale vs List

21 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.

2 New Listings 7 Months of Inventory

Median Sale Price 98.3% Median Sale vs List 33 Avg Days on Market 2 Sold Listings

SouthSanFrancisco

DECEMBER 2022 - DECEMBER 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 12m last December 2022, to $1 18m as of December 2023

Condos & Townhomes

The median sales price has decreased from $730k last December 2022, to $657k as of December 2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 17 days last December 2022, to 21 days as of December 2023

Condos & Townhomes

The average time spent on the market went down from 49 days in December 2022, to 33 days as of December 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 6% last December 2022, to 103 1% a year later

Condos & Townhomes

The overbid percentage has increased from 96% last December 2022, to 98.3% a year later.

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