The Cunningham Group - January 2024 Market Report | Peninsula Estates
Peninsula Estates
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Belmont
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Foster City
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Half Moon Bay
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Hillsborough
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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.
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.