Market report for Peninsula Estates area August 2023

Page 1

August 2023 Copyright by KW Advisors 2023

Peninsula Estates

San Francisco County

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San Mateo County

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Burlingame

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Daly City

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Foster City

Jump to Foster City Report

Half Moon Bay

Jump to Half Moon Bay Report

Hillsborough

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Millbrae

Jump to Millbrae Report

Pacifica

Jump to Pacifica Report

San Bruno

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San Carlos

Jump to San Carlos Report

San Mateo

Jump to San Mateo Report

South San Francisco

Jump to South San Francisco Report

Belmont City

Jump to Belmont City Report

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.

Sellers:Don’tLetTheseTwo ThingsHoldYouBack

Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Let’s dive into each challenge and give you some helpful advice on how to overcome these obstacles.

Challenge #1: The Reluctance to Take on a Higher Mortgage Rate

According to the Federal Housing Finance Agency (FHFA), the average interest rate for current homeowners with mortgages is less than 4% .

San Francisco County

What's in the San Francisco County data?

There were 292 single-family homes for sale, providing 1.9 months of inventory. There were 191 new listings and 157 homes sold at a median sale price of $1.4m. The median overbid percentage was 108.2%, averaging 29 days on the market.

There were 639 condo and townhome units for sale, providing 4 6 months of inventory There were 219 new listings, and 139 units sold at a median sale price of $1.1m. The median overbid percentage was 100%, with an average of 49 days on the market.

SFH Single-Family Homes

191 New Listings

157 Sold Listings

1.9 Months of Inventory

$1.4M Median Sale Price

108.2% 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 July 2022 to July 2023 (Pulled August 22, 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

219 New Listing 4.6 Months of Inventory $1.1M Median Sale Price 100% Median Sale vs List 49 Avg Days on Market 139 Sold Listings
Condo & Townhomes
CONDO

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 750 500 250 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 1250 1000 750 500 250 0 SanFranciscoCounty JULY 2022 - JULY 2023
Single-Family Homes
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 6m last July 2022, to $1 4m as of July 2023

Condos & Townhomes

The median sales price has decreased from $1.2m last July 2022, to $1.1m as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 20 days last July 2022, to 29 days as of July 2023

Condos & Townhomes

The average time spent on the market went up from 45 days in July 2022, to 49 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 111% last July 2022, to 108 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.2% last July 2022, to 100% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 80 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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SanMateo County

What's in the San Mateo County data?

There were 478 single-family homes for sale, providing 1.7 months of inventory. There were 364 new listings, and 280 homes sold at a median sale price of $1.8m. The median overbid percentage was 103 8%, averaging 21 days on the market

There were 177 condo and townhome units for sale, providing 2 months of inventory. There were 121 new listings, and 89 units sold at a median sale price of $927k. The median overbid percentage was 102.5%, with an average of 32 days on the market.

SFH Single-Family Homes

364 New Listings

280 Sold Listings

1.7 Months of Inventory

$1.8M Median Sale Price

103.8% 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 July 2022 to July 2023 (Pulled August 22, 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

Co

121 New Listin

2 Months of Invent

102.5% Median Sale vs L

y y

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 80m last July 2022, to $1 81m as of July 2023

Condos & Townhomes

The median sales price has increased from $895k last July 2022, to $927k as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 20 days last July 2022, to 21 days as of July 2023

Condos & Townhomes

The average time spent on the market went up from 24 days in July 2022, to 32 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has remained at 103 8% from July 2022 to July 2023

Condos & Townhomes

The overbid percentage has increased from 101.8% last July 2022, to 102.5% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 50 40 30 20 10 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Burlingame

What's in the Burlingame data?

There were 30 single-family homes for sale, providing 3 months of inventory. There were 21 new listings and 10 homes sold at a median sale price of $2.8m. The median overbid percentage was 98.1%, averaging 28 days on the market.

There were 7 condo and townhome units for sale, providing 3.5 months of inventory. There were 4 new listings, and 2 units sold at a median sale price of $1.3m. The median overbid percentage was 100.9%, averaging 53 days on the market.

SFH Single-Family Homes

21 New Listings

10 Sold Listing

3 Months of Inventory

$2.8M Median Sale Price

98.1% 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 July 2022 to July 2023 (Pulled August 22, 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

4 New Listings

2 Sold Listing

3.5 Months of Inventory

$1.3M Median Sale Price

100.9% Median Sale vs List

53 Avg Days on Market

JULY 2022 - JULY 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 75 50 25 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 15 10 5 0
Burlingame
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $3 4m last July 2022, to $2 8m as of July 2023

The median sales price has increased from $1 1m last July 2022, to $1 3m as of July 2023

AVGDays OntheMarket

The average time spent on the market went up from 16 days last July 2022, to 28 days as of July 2023

The average time spent on the market went up from 15 days in July 2022, to 53 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 101 6% last July 2022, to 98 1% a year later

Condos & Townhomes

The overbid percentage has increased from 99 2% last July 2022, to 100 9% a year later

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
Condos & Townhomes
Condos & Townhomes
Single-Family Homes
Back to Table of Contents

DalyCity

What's in the Daly City data?

There were 22 single-family homes for sale, providing 0.8 months of inventory. There were 26 new listings and 29 homes sold at a median sale price of $1.2m. The median overbid percentage was 109.1%, with an average of 16 days on the market.

There were 8 condo and townhome units for sale, providing 1 1 months of inventory There were 4 new listings, and 7 units sold at a median sale price of $669k. The median overbid percentage was 103.1%, with an average of 25 days on the market.

SFH Single-Family Homes

26 New Listings

29 Sold Listings

0.8 Months of Inventory

$1.2M Median Sale Price

109.1% Median Sale vs List

16 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 2023 (Pulled August 22, 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

CONDO

Condo & Townhomes

4 New Listings

7 Sold Listing

1.1 Months of Inventory

$669K Median Sale Price

103.1% Median Sale vs List

25 Avg Days on Market

DalyCity

JULY 2022 - JULY 2023

LISTINGS FOR SALE SOLD LISTINGS

ngle-Family Homes ast 12 months, year-over-year.

ondos & Townhomes ast 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 25m last July 2022, to $1 2m as of July 2023

Condos & Townhomes

The median sales price has decreased from $740k last July 2022, to $669k as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 19 days last July 2022, to 16 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 39 days in July 2022, to 25 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 109 8% last July 2022, to 109 1% a year later

Condos & Townhomes

The overbid percentage has increased from 102.9% last July 2022, to 103.1% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 1098% 1029% Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Foste

What's in the

There were 9 single-fa providing 1.8 months new listings and 5 hom price of $2.3m. The m was 101.3%, averagin

There were 20 condo sale, providing 1.8 mo were 19 new listings, median sale price of $ percentage was 102.2 days on the market.

s

d Listings

2.3M an Sale Price

1 Days on Market

single-family homes, condos and July 2023 (Pulled August 22, 2023).

the time the data was gathered. 01906450. Copyright KW Advisors Each office is independently owned

C

1 New List

1. Months of Inven

102.2% Median Sale vs

2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 y y y
OLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $2 2m last July 2022, to $2 3m as of July 2023

Condos & Townhomes

The median sales price has increased from $1.1m last July 2022, to $1.3m as of July 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 101 2% last July 2022, to 101 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 103.8% last July 2022, to 102.2% a year later.

Single-Family Homes

The average time spent on the market went up from 17 days last July 2022, to 31 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 19 days in July 2022, to 12 days as of July 2023

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $3,000,000 $2,000,000 $1,000,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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HalfM Bay

What's in the data?

There were 10 singleproviding 1.1 months new listings and 9 hom price of $1.5m. The m was 103 3%, with an a market. There were 2 condo a providing 0.7 months new listings, and 3 un price of $875k. The m was 98.9%, with an av market

s

d Listing

1.5M an Sale Price

7 Days on Market

single-family homes, condos and July 2023 (Pulled August 22, 2023).

the time the data was gathered. 01906450. Copyright KW Advisors Each office is independently owned

0 New Listings

3 Sold Listings

0.7 Months of Inventory

$875K Median Sale Price

98.9% Median Sale vs List

13 Avg Days on Market

May2023 Jun2023 Jul2023 3 May2023 Jun2023 Jul2023 ay y y NGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $2m last July 2022, to $1 5m as of July 2023

Condos & Townhomes

The median sales price has increased from $775k last July 2022, to $875k as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 8 days last July 2022, to 27 days as of July 2023

Condos & Townhomes

The average time spent on the market remained at 13 days in July 2022 to July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 100 9% last July 2022, to 103 3% a year later

Condos & Townhomes

The overbid percentage has increased from 98.5% last July 2022, to 98.9% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Hillsborough

What's in the Hillsborough data?

There were 38 single-family homes for sale, providing 5 4 months of inventory There were 13 new listings and 7 homes sold at a median sale price of $6.7m. The median overbid percentage was 96%, with an average of 34 days on the market.

No data for this month.

FH ngle-Family Homes

3 Listings

7 Sold Listing

.4 ths of Inventory

$6.7M Median Sale Price

6% ian Sale vs List

34 Avg Days on Market

ta, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 2023 (Pulled August 22, 2023). ay include preliminary data, and may vary from the time the data was gathered. a is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated

CONDO

Condo & Townhomes

No data for this month.

No Data For This Month.

Median SalesPrice

Single-Family Homes

The median sales price has increased from $5 3m last July 2022, to $6 7m as of July 2023

Condos & Townhomes

No data for this month.

Overbids

Single-Family Homes

The overbid percentage has decreased from 99 1% last July 2022, to 96% a year later

Condos & Townhomes

No data for this month.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 13 days last July 2022, to 34 days as of July 2023

Condos & Townhomes

No data for this month

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $7,500,000 $5,000,000 $2,500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125 100 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Millbrae

What's in the Millbrae data?

There were 8 single-family homes for sale, providing 0.6 months of inventory. There were new listings and 13 homes sold at a median s price of $2.2m. The median overbid percentag was 111%, with an average of 13 days on the market.

There were 3 condo and townhome units for s providing 1 5 months of inventory There was new listing, and 2 units sold at a median sale of $950k. The median overbid percentage was 111.2%, averaging 71 days on the market.

Condo & Town

5 New Listing

1.5 Months of Inventory

$95 Media

111.2% Median Sale vs List Avg Day

S CON
ul2023 Jul2023 y y

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sales price has increased from $563k last July 2022, to $950k as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 17 days last July 2022, to 13 days as of July 2023

Condos & Townhomes

The average time spent on the market the market went down from 109 days in July 2022, to 71 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 105 7% last July 2022, to 111% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last July 2022, to 111.2% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125 100 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Pacifica

What's in the Pacifica data?

There were 29 single-family homes for sale, providing 2.4 months of inventory. There was 24 new listings and 12 homes sold at a median sale price of $1.3m. The median overbid percentage was 108.4%, with an average of 11 days on the market.

There were 6 condo and townhome units for sale, providing 3 months of inventory There were 4 new listings, and 2 units sold at a median sale price of $812k. The median overbid percentage was 102.8%, with an average of 42 days on the market.

SFH Single-Family Homes

24 New Listing

12 Sold Listings

2.4 Months of Inventory

$1.3M Median Sale Price

108.4% 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 July 2022 to July 2023 (Pulled August 22, 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

CONDO

Condo & Townhomes

4 New Listings

2 Sold Listings

3 Months of Inventory

$812K Median Sale Price

102.8% Median Sale vs List

42 Avg Days on Market

JULY 2022 - JULY 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 75 50 25 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 10 75 5 25 0 Pacifica
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 30m last July 2022, to $1 31m as of July 2023

Condos & Townhomes

The median sales price has decreased from $915k last July 2022, to $812k as of July 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 105 9% last July 2022, to 108 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 105.1% last July 2022, to 102.8% a year later.

Single-Family Homes

The average time spent on the market went down from 19 days last July 2022, to 11 days as of July 2023

Condos & Townhomes

The average time spent on the market went up from 18 days in July 2022, to 42 days as of July 2023

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 200 150 100 50 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
Back to Table of Contents

SanBruno

What's in the San Bruno data?

There were 11 single-family homes for sale, providing 0.8 months of inventory. There were 17 new listings, and 14 homes sold at a median sale price of $1.4m. The median overbid percentage was 105.7%, with an average of 15 days on the market.

There were 11 condo and townhome units for sale, providing 3 7 months of inventory There were 9 new listings, and 3 units sold at a median sale price of $556k. The median overbid percentage was 100.2%, with an average of 36 days on the market.

CONDO

Condo & Townhomes

9 New Listings

3 Sold Listings

3.7 Months of Inventory

$556K Median Sale Price

100.2% Median Sale vs List

36 Avg Days on Market

y y

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 40m last July 2022, to $1 43m as of July 2023

Condos & Townhomes

The median sales price has increased from $545k last July 2022, to $556k as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 22 days last July 2022, to 15 days as of July 2023

Condos & Townhomes

The average time spent on the market went up from 13 days in July 2022, to 36 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 114 6% last July 2022, to 105 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 104.1% last July 2022, to 100.2% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125 100 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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San

What's in th

There were 21 sin providing 1 mont new listings and 2 price of $2m. The 104.4%, with an a

There were 11 co sale, providing 1. were 3 new listing sale price of $1.2 percentage was 1 market.

tings

Male Price

on Market

single-family homes, condos and (Pulled August 22, 2023). time the data was gathered. 01906450. Copyright KW Advisors office is independently owned

CONDO

Condo & Townhomes

3 New Listings

7 Sold Listings

1.6 Months of Inventory

$1.2M Median Sale Price

100.7% Median Sale vs List

46 Avg Days on Market

JULY 2022 - JULY 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 60 40 20 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 40 30 20 10 0 SanCarlos
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sales price has increased from $950k last July 2022, to $1.2m as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 15 days last July 2022, to 21 days as of July 2023

Condos & Townhomes

The average time spent on the market went up from 11 days in July 2022, to 46 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 102 2% last July 2022, to 104 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.4% last July 2022, to 100.7% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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SanMateo

What's in the San Mateo data?

There were 50 single-family homes for sale, providing 0.9 months of inventory. There were 54 new listings, and 54 homes sold at a median sale price of $1.9m. The median overbid percentage was 102.7%, with an average of 15 days on the market.

There were 62 condo and townhome units for sale, providing 2 4 months of inventory There were 38 new listings and 26 units sold at a median sale price of $832K. The median overbid percentage was 101.4%, with an average of 42 days on the market.

SFH Single-Family Homes

54 New Listings

54 Sold Listings

0.9 Months of Inventory

$1.9M Median Sale Price

102.7% 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 July 2022 to July 2023 (Pulled August 22, 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

New

2 Months of 101. Median Sa

023 Apr2023 May2023 Jun2023 Jul2023 2023 Apr2023 May2023 Jun2023 Jul2023 y y LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 95m last July 2022, to $1 98m as of July 2023

Condos & Townhomes

The median sales price has decreased from $975k last July 2022, to $832k as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 17 days last July 2022, to 15 days as of July 2023

Condos & Townhomes

The average time spent on the market went up from 30 days in July 2022, to 42 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 104 5% last July 2022, to 102 7% a year later

Condos & Townhomes

The overbid percentage has increased from 101% last July 2022, to 101.4% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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SouthSan Francisco

What's in the South San Francisco data?

There were 22 single-family homes for sale, providing 1.4 months of inventory. There were 32 new listings, and 16 home sold at a median sale price of $1.2m. The median overbid percentage was 109 6%, with an average of 11 days on the market.

There were 10 condo and townhome units for sale, providing 2 months of inventory. There were 7 new listings, and 5 units sold at a median sale price of $802k. The median overbid percentage was 106.2%, averaging 9 days on the market.

CO

& 7 New Listings

2 Months of Inventory

5 Sold Listings

$802K Median Sale Price

106.2% Median Sale vs List

9 Avg Days on Market

Condo

JULY 2022 - JULY 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 75 50 25 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 40 30 20 10 0 SouthSanFrancisco
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 3m last July 2022, to $1 4m as of July 2023

Condos & Townhomes

The median sales price has increased from $1.3m last July 2022, to $1.4m as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 25 days last July 2022, to 11 days as of July 2023

Condos & Townhomes

The average time spent on the market went down from 26 days last July 2022, to 9 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 102 6% last July 2022, to 109 6% a year later

Condos & Townhomes

The overbid percentage has increased from 102.1% last July 2022, to 106.2% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Belmont City

What's in the Belmont City data?

There were 11 single-family homes for sale, providing 1.4 months of inventory. There were 15 new listings, and 8 homes sold at a median sale price of $2.2m. The median overbid percentage was 108%, with an average of 7 days on the market.

There were 3 condo and townhome units for sale, providing 1 month of inventory. There were 2 new listings, and 3 units sold at a median sale price of $1.4m. The median overbid percentage was 101%, averaging 13 days on the market.

CO Condo & 2 New Listings

1 Months of Inventory

3 Sold Listings

$1.4M Median Sale Price

101% Median Sale vs List

13 Avg Days on Market

JULY 2022 - JULY 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 40 30 20 10 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 10 75 5 25 0 BelmontCity
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sales price has increased from $600k last July 2022, to $1.4m as of July 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 17 days last July 2022, to 7 days as of July 2023

Condos & Townhomes

The average time spent on the market went up from 7 days last July 2022, to 13 days as of July 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 103 8% last July 2022, to 108% a year later

Condos & Townhomes

The overbid percentage has increased from 100.3% last July 2022, to 101% a year later.

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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