The Peninsula Report - 2nd Quarter 2017

Page 1

The Peninsula Report 2ND QUARTER 2017


San Francisco The Peninsula Report 2ND QUARTER 2017

Golden Gate Sotheby’s International Realty connects individuals and families with homes on the San Francisco Peninsula and throughout the Bay Area. This report summarizes data for single family residences on the Peninsula for the 2nd quarter of 2017. Send feedback: e.jacobsen@goldengatesir.com

MEDIAN SALE PRICE

Peninsula

2017 Q2

2016 Q2

% CHANGE

Redwood City

$1,571,500

$1,377,500

14.1%

San Carlos

$1,742,500

$1,725,000

1.0%

Woodside

$1,800,000

$4,044,000

-55.5%

Atherton

$4,750,000

$6,325,000

-24.9%

Menlo Park

$2,200,000

$2,150,000

2.3%

Palo Alto

$2,850,000

$2,585,000

10.3%

Portola Valley

$3,555,000

$2,800,000

27.0%

Los Altos Hills

$4,180,000

$3,550,000

17.7%

Los Altos

$2,983,000

$2,871,500

3.9%

Mountain View

$2,015,000

$1,780,000

13.2%

Montara

Moss Beach

El Granada

San San Carlos Carlos Half Moon Bay

Redwood Redwood City City

N.Fair Oaks

Emerald Hills

Atherton

East Palo Alto

Atherton

Coastside

Palo Palo Alto Alto

Menlo Menlo Park Stanford Park Stanford

Woodside Woodside

MEDIAN SALE PRICE 2017 Q2

2016 Q2

% CHANGE

Montara

$1,030,000

$978,000

5.3%

Moss Beach

$1,210,000

$1,100,000

10.0%

El Granada

$1,224,000

$1,062,000

15.3%

Half Moon Bay

$1,329,000

$1,224,500

8.5%

Mountain Mountain View View Portola Portola Valley Valley

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty. Each Office is Independently Owned and Operated.

Los Los Altos Altos Hills Hills

Los Los Altos Altos


Peninsula Market Report Q2 2017

Redwood City

1530 West Selby Lane

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$1,571,500

$1,377,500

14.1%

$1,450,000

$1,340,000

8.2%

Price per Sq Ft (Avg)

$963

$863

11.5%

$883

$835

5.7%

Properties Sold

148

160

-7.5%

538

519

3.7%

New Listings

153

212

-27.8%

568

640

-11.3%

Days on Market (Avg)

16

16

0.0%

23

21

9.5%

Months of Inventory (Avg)

0.7

1.4

-50.0%

1

1.4

-28.6%

Redwood City

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

Central Park - 333

$1,501,768

$1,215,000

23.6%

35

48

-27.1%

Clifford Heights - 337

$2,087,500

$1,810,000

15.3%

6

5

20.0%

Cordilleras Heights - 336

$1,751,000

$1,751,000

0.0%

23

29

-20.7%

Dumbarton - 330

$900,000

$817,000

10.2%

17

13

30.8%

Farm Hills Estates - 335

$1,805,000

$1,486,500

21.4%

16

12

33.3%

High School Acres - 334

$1,598,000

$1,625,000

-1.7%

25

15

66.7%

Horgan Ranch - 332

$1,815,000

$1,455,000

24.7%

20

32

-37.5%

Lenolt - 331

$1,250,000

$942,500

32.6%

6

6

0.0%

Neighborhoods

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

San Carlos

19 Anchor Lane

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$1,742,500

$1,725,000

1.0%

$1,700,000

$1,650,000

3.0%

Price per Sq Ft (Avg)

$1,001

$948

5.6%

$959

$913

5.0%

Properties Sold

94

74

27.0%

288

234

23.1%

New Listings

96

103

-6.8%

296

274

8.0%

Days on Market (Avg)

11

13

-15.4%

18

15

20.0%

0.4

1

-60.0%

0.7

0.8

-12.5%

San Carlos

Months of Inventory (Avg)

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

Alder Manor - 350

$1,864,000

$2,012,500

-7.4%

12

12

0.0%

Beverly Terrace - 351

$1,790,000

$1,800,000

-0.6%

27

20

35.0%

Clearfield Park - 354

$1,120,000

$1,200,000

-6.7%

8

4

100.0%

Cordes - 355

$1,816,000

$1,900,000

-4.4%

10

13

-23.1%

El Sereno Corte - 352

$1,735,000

$1,555,500

11.5%

25

18

38.9%

Howard Park - 353

$1,915,000

$1,720,000

11.3%

12

7

71.4%

Neighborhoods

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

Woodside

1250 Cañada Road

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$1,800,000

$4,044,000

-55.5%

$2,197,922

$3,125,000

-29.7%

Price per Sq Ft (Avg)

$1,070

$1,098

-2.5%

$1,029

$1,099

-6.3%

Properties Sold

17

20

-15.0%

62

78

-20.5%

New Listings

43

34

26.5%

110

118

-6.8%

Days on Market (Avg)

29

59

-50.8%

57

57

0.0%

10.5

4.3

144.2%

7

5.1

37.3%

Woodside

Months of Inventory (Avg)

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

Central Woodside - 274

$8,200,000

$8,775,000

-6.6%

3

9

-66.7%

Emerald Hills Area - 275

-

-

-

0

0

-

Hidden Valley - 270

-

$5,600,000

-

0

1

-

Old La Honda Road Area - 271

$3,400,000

$2,600,000

30.8%

1

1

0.0%

Skyline Area - 273

$1,240,000

$1,245,000

-0.4%

7

4

75.0%

Skywood Area - 272

$3,025,000

$2,036,000

48.6%

1

2

-50.0%

Woodside Glens - 277

$1,655,000

$2,794,000

-40.8%

2

2

0.0%

-

-

-

0

0

-

$2,850,000

$5,300,000

-46.2%

3

1

200.0%

Neighborhoods

Woodside Heights - 278 Woodside Hills - 276

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

Atherton

83 Tuscaloosa Avenue

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$4,750,000

$6,325,000

-24.9%

$5,250,000

$5,540,000

-5.2%

Price per Sq Ft (Avg)

$1,570

$1,455

8.0%

$1,536

$1,460

5.2%

Properties Sold

31

25

24.0%

71

74

-4.1%

New Listings

38

34

11.8%

109

114

-4.4%

Days on Market (Avg)

34

58

-41.4%

68

47

44.7%

Months of Inventory (Avg)

3.3

4.7

-29.8%

6.7

6.3

6.3%

Atherton

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

Alameda to 280 - 290

$5,337,500

$5,925,000

-9.9%

4

1

300.0%

El Camino to Alameda - 291

$11,640,250

$8,100,000

43.7%

10

11

-9.1%

Lindenwood Area - 293

$5,500,000

$5,600,000

-1.8%

6

7

-14.3%

Middlefield to El Camino - 292

$2,925,000

$5,737,500

-49.0%

11

6

83.3%

Neighborhoods

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

Menlo Park

2199 Clayton Drive

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$2,200,000

$2,150,000

2.3%

$2,102,500

$2,150,000

-2.2%

Price per Sq Ft (Avg)

$1,226

$1,191

2.9%

$1,162

$1,130

2.8%

91

95

-4.2%

465

474

-1.9%

New Listings

102

121

-15.7%

586

570

2.8%

Days on Market (Avg)

20

18

11.1%

28

24

16.7%

Months of Inventory (Avg)

1.1

1.5

-26.7%

1.8

1.5

20.0%

Menlo Park

Properties Sold

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

Allied Arts / Downtown - 304

$3,550,000

$2,400,000

47.9%

6

9

-33.3%

Alpine Road Area - 300

$3,000,000

$2,837,500

5.7%

1

2

-50.0%

Central Menlo - 303

$3,550,000

$3,650,000

-2.7%

13

15

-13.3%

County Area / Fair Oaks - 311

$1,406,000

$1,280,000

9.8%

6

14

-57.1%

County/Alameda Area - 302

$3,175,000

$2,842,500

11.7%

17

12

41.7%

East of U.S. 101 - 310

$1,020,000

$932,000

9.4%

12

8

50.0%

Felton Gables - 306

$2,530,000

$3,400,000

-25.6%

1

2

-50.0%

Flood Park Area - 309

$1,753,100

$1,530,000

14.6%

11

9

22.2%

Menlo Oaks Area - 307

$3,147,500

$3,103,735

1.4%

4

9

-55.6%

Middlefield to El Camino - 305

$2,120,000

$3,600,000

-41.1%

8

1

700.0%

Sharon Heights / Stanford Hills - 301

$2,760,000

$3,247,500

-15.0%

5

4

25.0%

Willows / O'Connor Area - 308

$1,940,600

$1,936,500

0.2%

7

10

-30.0%

Neighborhoods

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

Palo Alto

525 Center Drive

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$2,850,000

$2,585,000

10.3%

$2,675,000

$2,600,500

2.9%

Price per Sq Ft (Avg)

$1,548

$1,513

2.3%

$1,493

$1,537

-2.9%

Properties Sold

117

111

5.4%

381

340

12.1%

New Listings

128

145

-11.7%

441

464

-5.0%

Days on Market (Avg)

19

24

-20.8%

22

21

4.8%

Months of Inventory (Avg)

1.1

1.6

-31.3%

1.3

1.6

-18.8%

Palo Alto

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

Barron Park - 232

$2,600,000

$2,408,000

8.0%

7

7

0.0%

College - 236

$2,710,000

$2,488,000

8.9%

7

5

40.0%

Community Center - 240

$3,449,000

$3,850,000

-10.4%

4

4

0.0%

Crescent Park - 239

$4,498,000

$4,344,000

3.5%

5

10

-50.0%

Downtown Palo Alto - 242

$3,125,000

$3,400,000

-8.1%

1

3

-66.7%

Green Acres - 231

$2,441,000

$2,800,000

-12.8%

2

1

100.0%

Green Gables - 238

$3,608,888

$2,750,000

31.2%

15

11

36.4%

Midtown - 234

$3,115,000

$2,580,000

20.7%

24

18

33.3%

Old Palo Alto - 237

$5,930,000

$4,250,000

39.5%

12

13

-7.7%

Palo Alto Hills - 230

$2,785,000

$6,847,944

-59.3%

1

2

-50.0%

Professorville - 241

$1,900,000

$3,800,000

-50.0%

1

7

-85.7%

South Palo Alto - 233

$2,500,000

$2,280,000

9.6%

33

25

32.0%

Stanford - 243

$2,725,000

$2,550,000

6.9%

4

1

300.0%

Ventura - 235

$2,240,000

$2,225,000

0.7%

1

4

-75.0%

Neighborhoods

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

Portola Valley

345 Golden Oak Drive

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$3,555,000

$2,800,000

27.0%

$2,879,000

$2,700,000

6.6%

Price per Sq Ft (Avg)

$1,101

$1,021

7.8%

$1,058

$1,021

3.6%

Properties Sold

22

25

-12.0%

65

63

3.2%

New Listings

26

39

-33.3%

81

86

-5.8%

Days on Market (Avg)

25

17

47.1%

37

30

23.3%

Months of Inventory (Avg)

1.4

2.7

-48.1%

2.8

4.3

-34.9%

Portola Valley

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

Alpine / Uplands (Los Trancos) - 260

$1,800,000

$1,035,000

73.9%

2

2

0.0%

Brookside / Willowbrook Area - 262

-

$2,800,000

-

0

1

-

Central Portola Valley - 263

$3,782,000

$4,108,350

-7.9%

14

8

75.0%

Ladera - 264

$2,700,000

$2,700,000

0.0%

5

5

0.0%

-

$2,815,000

-

0

7

-

$2,175,000

$1,522,500

42.9%

1

2

-50.0%

Neighborhoods

Portola Valley Ranch - 261 Santa Maria / Russell Area - 265

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

Los Altos Hills

Silicon Valley Estate

Los Altos Hills

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$4,180,000

$3,550,000

17.7%

$4,067,500

$3,510,000

15.9%

Price per Sq Ft (Avg)

$1,117

$1,085

2.9%

$1,178

$1,160

1.6%

Properties Sold

33

44

-25.0%

90

95

-5.3%

New Listings

43

47

-8.5%

134

175

-23.4%

Days on Market (Avg)

28

55

-49.1%

39

44

-11.4%

3

2.3

30.4%

4.4

6.5

-90.0%

Months of Inventory (Avg)

MEDIAN SALE PRICE

PROPERTIES SOLD

Neighborhoods

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

Los Altos Hills - 221

$4,180,000

$3,550,000

17.7%

33

44

-25.0%

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

Los Altos

421 Guadalupe Drive

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$2,983,000

$2,871,500

3.9%

$2,800,000

$2,787,500

0.4%

Price per Sq Ft (Avg)

$1,288

$1,217

5.8%

$1,257

$1,226

2.5%

Properties Sold

113

96

17.7%

296

276

7.2%

New Listings

101

118

-14.4%

317

324

-2.2%

Days on Market (Avg)

15

14

7.1%

20

16

25.0%

Months of Inventory (Avg)

0.5

1.2

-56.9%

1.1

1.0

10.0%

Los Altos

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

Country Club - 212

$3,450,000

$2,801,500

23.1%

5

14

-64.3%

Highlands - 213

$2,683,000

$2,325,000

15.4%

6

7

-14.3%

North Los Altos - 211

$3,404,444

$3,006,500

13.2%

40

28

42.9%

South of El Monte - 214

$2,812,500

$2,800,000

0.4%

62

47

31.9%

Neighborhoods

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

Mountain View

235 Miro Avenue

Mountain View

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$2,015,000

$1,780,000

13.2%

$1,822,500

$1,717,500

6.1%

Price per Sq Ft (Avg)

$1,214.00

$1,135.00

7.0%

$1,126

$1,107

1.7%

Properties Sold

68

73

-6.8%

241

246

-2.0%

New Listings

73

80

-8.8%

263

273

-3.7%

Days on Market (Avg)

13

13

0.0%

21

14

50.0%

Months of Inventory (Avg)

0.6

0.7

-14.3%

0.9

0.8

12.5%

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

-

-

-

0

0

-

Downtown - 207

$1,960,000

$1,994,000

-1.7%

13

10

30.0%

Grant - 208

$2,600,000

$2,332,500

11.5%

13

12

8.3%

Miramonte - 209

$2,280,000

$1,958,000

16.4%

21

19

10.5%

North Bayshore - 202

-

-

-

0

0

-

North Shoreline - 203

$1,672,500

$1,461,750

14.4%

8

10

-20.0%

Rengstorff - 204

$1,450,000

$1,265,000

14.6%

1

1

0.0%

San Antonio - 206

-

$1,880,000

-

0

1

-

Sylvan Dale - 201

$1,860,000

$1,649,000

12.8%

3

6

-50.0%

Thompson - 205

$1,800,081

$1,460,000

23.3%

7

9

-22.2%

Whisman - 200

$1,640,000

$1,350,000

21.5%

2

5

-60.0%

Neighborhoods County Area - 210

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

Montara

1300 Alamo Drive

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$1,030,000

$978,000

5.3%

$1,055,000

$1,001,500

5.3%

Price per Sq Ft (Avg)

$724

$691

4.8%

$666

$600

11.0%

Properties Sold

10

6

66.7%

28

32

-12.5%

New Listings

17

10

70.0%

42

36

16.7%

Days on Market (Avg)

19

14

35.7%

32

46

-30.4%

Months of Inventory (Avg)

3.3

2.4

37.5%

2.6

1.6

62.5%

Montara

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

West of Highway 1 - 640

$2,750,000

-

-

1

0

-

East of Highway 1 - 641

$925,000

$978,000

-5.4%

8

6

33.3%

$1,675,000

-

-

1

0

-

Neighborhoods

East of Sunshine Valley Rd - 642

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

Moss Beach

440 Virginia Avenue

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$1,210,000

$1,100,000

10.0%

$975,000

$1,100,000

-11.4%

Price per Sq Ft (Avg)

$770

$653

17.9%

$657

$583

12.7%

Properties Sold

8

7

14.3%

27

33

-18.2%

New Listings

5

11

-54.5%

27

41

-34.1%

Days on Market (Avg)

126

54

133.3%

67

35

91.4%

Months of Inventory (Avg)

0.8

4.4

-81.8%

3.7

2

87.0%

Moss Beach

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

Seal Cove - 630

$1,235,000

-

-

2

0

-

West of Highway 1 - 631

$2,712,500

$1,091,250

148.6%

1

2

-50.0%

Strand Area - 632

$1,250,000

-

-

1

0

-

East of Highway 1 - 633

$1,077,500

$1,160,000

-7.1%

2

2

0.0%

Moss Beach Heights - 634

$849,450

$1,100,000

-22.8%

2

3

-33.3%

-

-

-

0

0

-

Neighborhoods

Mobile Home Park - 635

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

El Granada

346 Avenue Granada

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$1,224,000

$1,062,000

15.3%

$1,019,375

$990,000

3.0%

Price per Sq Ft (Avg)

$629

534

17.8%

$601

$545

10.3%

Properties Sold

22

16

37.5%

68

49

38.8%

New Listings

15

19

-21.1%

77

53

45.3%

Days on Market (Avg)

31

25

24.0%

30

24

25.0%

Months of Inventory (Avg)

1.2

1.5

-20.0%

1.8

1.4

25.9%

El Granada

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

Lower El Granada - 620

$1,137,500

$890,000

27.8%

10

7

42.9%

Highlands - 621

$1,310,000

$1,235,000

6.1%

10

7

42.9%

-

-

-

0

0

-

$882,000

$952,500

-7.4%

2

2

0.0%

Neighborhoods

Princeton Harbor - 622 Clipper Ridge - 623

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


Peninsula Market Report Q2 2017

Half Moon Bay

212 Garcia Avenue

Half Moon Bay

2017 Q2

2016 Q2

% CHANGE

PAST YEAR (7/2016 – 6/2017)

PRIOR YEAR (7/2015 – 6/2016)

% CHANGE

Sale Price (Median)

$1,329,000

$1,224,500

8.5%

$1,225,000

$1,194,500

2.6%

Price per Sq Ft (Avg)

$600

$587

2.2%

$566

$571

-0.8%

Properties Sold

37

32

15.6%

115

116

-0.9%

New Listings

40

48

-16.7%

124

162

-23.5%

Days on Market (Avg)

32

35

-8.6%

50

39

28.2%

Months of Inventory (Avg)

1.6

12.7

-87.4%

2.7

3.3

-20.3%

MEDIAN SALE PRICE

PROPERTIES SOLD

2017 Q2

2016 Q2

% CHANGE

2017 Q2

2016 Q2

% CHANGE

South of Tunitas - 600

-

-

-

0

0

-

Tunitas Creek - 601

-

$1,950,000

-

0

1

-

Canada Cove - 602

-

-

-

0

0

-

Ocean Colony - 603

$1,709,000

$1,400,000

22.1%

9

7

28.6%

-

-

-

0

0

-

Arieta Park - 605

$903,950

$897,500

0.7%

7

6

16.7%

Spanish Town - 606

$830,000

$899,000

-7.7%

2

1

100.0%

Alsace Lorraine - 607

$1,355,000

$1,460,000

-7.2%

5

2

150.0%

Pilarcitos Park - 608

-

$870,000

-

0

1

-

$985,000

$1,190,000

-0.2

1

3

-66.7%

Kehoe - 610

$1,195,000

$1,528,000

-21.8%

2

1

100.0%

Seahaven - 611

$1,094,000

$990,099

10.5%

1

1

0.0%

Frenchman's Creek - 612

$1,150,000

-

-

1

0

-

Miramar - 613

$1,595,000

$1,495,000

6.7%

9

7

28.6%

-

$1,287,000

-

0

2

-

Neighborhoods

Higgins Canyon - 604

Grandview Terrace - 609

Highland Park - 614

This report is based on information from MLSListings, Inc. that has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2017 Golden Gate Sotheby’s International Realty


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