Page 1

2014-1Q

WILSON LEUNG

San Mateo County Real Estate Update Quarterly Survey of San Mateo County Residential Sales

San Mateo County  Sales Prices Soar $1,500,000.00

Average sales prices shot up 13.3% from $1,235,445 in 2013-4Q to $1,400,009 in 2014-1Q.

$1,400,000.00

 Homes Consistently Sell Above List Price

$1,300,000.00

Listings sold at an average of 3.29% higher than their list price.

$1,200,000.00

 Interest Rates Trend Up

$1,100,000.00

The average interest rate for 2014 currently sits at 4.37%; significantly higher than 2013.

$1,000,000.00 $900,000.00 $800,000.00 $700,000.00 9

$600,000.00

7 5 3

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

1Q-2014

4Q-2013

3Q-2013

2Q-2013

1Q-2013

4Q-2012

3Q-2012

2Q-2012

1Q-2012

4Q-2011

3Q-2011

2Q-2011

1Q-2011

4Q-2010

3Q-2010

2Q-2010

1Q-2010

$500,000.00

8.05 6.97 6.54 5.83 5.84 5.87 6.41 6.34 6.03 5.04 4.69 4.45 3.72 3.98 4.37

Average Yearly Interest Rate on 30Year Fixed Rate Mortgages

Quarterly Average Sales Price

Quarterly Median Sales Price

Average Yearly Interest Rate on 30Year Fixed Rate Mortgages

Wilson Leung, a local real estate expert, identifies and measures market trends and provides a comprehensive analysis of the data.

Thinking of Buying or Selling Your Property? Have Questions? Contact Wilson! 415.828.7809

Wilson Leung 415.828.7809 180 El Camino Real San Bruno, CA 94066 Bre Lic# 01904259

All material presented herein is intended for information purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property outlines and square footage in property listings are approximate.

Wilson Leung - San Mateo County Real Estate Update 2014-1Q  

Wilson Leung - San Mateo County Real Estate Update 2014-1Q

Read more
Read more
Similar to
Popular now
Just for you