January 2024 Market Report | Peninsula Estates

January 2024

Copyright by KW Advisors 2024

Peninsula Estates

San Francisco County

Foster City

Jump to San Francisco County Report

Jump to Foster City Report

San Mateo County

Half Moon Bay

Jump to San Mateo County Report

Jump to Half Moon Bay Report

Belmont

Hillsborough

Jump to Belmont Report

Jump to Hillsborough Report

Burlingame

Millbrae

Jump to Burlingame Report

Jump to Millbrae Report

Daly City

Pacifica

Jump to Daly City Report

Jump to Pacifica Report

San Bruno Jump to San Bruno Report

San Carlos Jump to San Carlos Report

San Mateo Jump to San Mateo Report

South San Francisco Jump to South San Francisco Report

What’s your home really worth in today’s market?

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?

I can help...

Contact me for a confidential, no obligation assessment of your home's value.

3 Keys to Hitting Your Homeownership Goals in 2024

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.

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HOW TO BUDGET FOR UNEXPECTED HOME MAINTENANCE COSTS

Unlock homeownership confidently! Prepare for hidden costs like inspections and renovations.

Take control with a strategic plan:

1

2

Save for Unexpected Costs 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.

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.

3

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.

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Looking to lighten the mood in your laundry room?

EIGHT EYECATCHING Laundry Room Colors To Look Out For

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

Eight Colrs fo Laundry Tranquil Blue View it here

Sage Green 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 low-

commitment update—easy to change and customize, ensuring lasting satisfaction with your design choice.

White

Create an elegant laundry room with Chantilly Lace by Benjamin Moore. The classic

Yellow

Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn

View it here

View it here

Gray

View it here

Dusty Pink View it here

Navy Blue View it here

Purple

View it here

white choice adds sophistication, opens up the space, and simplifies stain detection.

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.

Want to know how Home Concierge can help with your listing?

Contact me today!

CLICK HERE TO LEARN MORE

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

Brought To You By:

Click here for your mortgage needs

Click here for your home warranty needs

Click here for your home renovation needs

Click here for your insurance needs

San Francisco County What's in the San Francisco County data?

There were 148 single-family homes for sale, providing 1.2 months of inventory. There were 46 new listings, and 120 homes sold at a median price of $1.4m. The median overbid percentage was at 103.7%, with an average of 39 days on the market.

There were 392 condo and townhome units for sale, providing 3.2 months of inventory. There were 70 new listings and 125 units sold at a median sale price of $1m. The median overbid percentage was at 98.8%, with an average of 71 days on the market.

SFH

Single-Family Homes

46

120

New Listings

Sold Listings

1.2

$1.4M

Months of Inventory

Median Sale Price

103.7% 39 Median Sale vs List

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

70

125

New Listings

Sold Listings

3.2

$1M

Months of Inventory

Median Sale Price

98.8%

71

Median Sale vs List

Avg Days on Market

San Francisco County DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

500

400

300

200

100

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

1,000

800

600

400

200

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has decreased from $1.5m last December 2022, to $1.4m as of December 2023.

$1,000,000

$500,000

Condos & Townhomes 20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

20 23

Fe b

De c

Ja n

20 22

20 23

$0

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

AVG Days On the Market

80

60

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.

40

20

Condos & Townhomes

Back to Table of Contents

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

20 23

40% 20%

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 23

M ar 20 23

Ap r2 02 3

0% Fe b

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

60%

20 23

Condos & Townhomes

80%

Ja n

The overbid percentage has increased from 102.9% last December 2022, to 103.7% a year later.

100%

20 22

Single-Family Homes

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

120%

De c

Overbids

Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

0

San Mateo 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

253

New Listings

Sold Listings

1.2

$1.6M

Months of Inventory

Median Sale Price

101.5% 32 Median Sale vs List

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

45

65

New Listings

Sold Listings

2.2

$828

Months of Inventory

Median Sale Price

99.6%

52

Median Sale vs List

Avg Days on Market

San Mateo County DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

700 600 500 400 300 200 100 0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

250

200

150

100

50

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.5m last December 2022, to $1.6m as of December 2023.

$1,000,000

$500,000

Condos & Townhomes 20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

20 23

Fe b

De c

Ja n

20 22

20 23

$0

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

AVG Days On the Market

60 50 40

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.

30 20 10

Condos & Townhomes

Back to Table of Contents

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

20 23

40% 20%

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 23

M ar 20 23

Ap r2 02 3

0% Fe b

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

60%

20 23

Condos & Townhomes

80%

Ja n

The overbid percentage has increased from 99.2% last December 2022, to 101.5% a year later.

100%

20 22

Single-Family Homes

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

120%

De c

Overbids

Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

0

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

8

New Listings

Sold Listings

1.1

$1.7M

Months of Inventory

Median Sale Price

100.9% 54 Median Sale vs List

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

0

3

New Listings

Sold Listings

0.7

$1.5M

Months of Inventory

Median Sale Price

100%

38

Median Sale vs List

Avg Days on Market

Belmont DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

20

15

10

5

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

4

3

2

1

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$2,500,000

$2,000,000

Single-Family Homes The median sales price has decreased from $1.78m last December 2022, to $1.70m as of December 2023.

$1,500,000

$1,000,000

$500,000

Condos & Townhomes 20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

20 23

Fe b

De c

Ja n

20 22

20 23

$0

The median sales price has increased from $1m last December 2022, to $1.5m as of December 2023.

AVG Days On the Market

80

60

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.

40

20

Condos & Townhomes

Back to Table of Contents

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

20 23

40% 20%

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 23

M ar 20 23

Ap r2 02 3

0% Fe b

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

60%

20 23

Condos & Townhomes

80%

Ja n

The overbid percentage has increased from 97.2% last December 2022, to 100.9% a year later.

100%

20 22

Single-Family Homes

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

120%

De c

Overbids

Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

0

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

12

New Listings

Sold Listings

0.8

$2.7M

Months of Inventory

Median Sale Price

99.8%

28

Median Sale vs List

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

2

0

New Listings

Sold Listings

0

$0

Months of Inventory

Median Sale Price

0%

0

Median Sale vs List

Avg Days on Market

Burlingame DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

35 30 25 20 15 10 5 0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

8

6

4

2

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$3,000,000 $2,500,000 $2,000,000

Single-Family Homes The median sales price has decreased from $2.8 last December 2022, to $2.7 as of December 2023.

$1,500,000 $1,000,000 $500,000

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

De c

20 23

20 22

20 23

$0

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

Ja n

Condos & Townhomes

AVG Days On the Market

70 60 50

Single-Family Homes

40

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

30 20 10

Condos & Townhomes

Back to Table of Contents

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

20 23

40% 20%

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 23

M ar 20 23

Ap r2 02 3

0% Fe b

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

60%

20 23

Condos & Townhomes

80%

Ja n

The overbid percentage has increased from 95.3% last December 2022, to 99.8% a year later.

100%

20 22

Single-Family Homes

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

120%

De c

Overbids

Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

0

Daly City 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

26

New Listings

Sold Listings

0.7

$1M

Months of Inventory

Median Sale Price

107.2% 23 Median Sale vs List

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

7

9

New Listings

Sold Listings

1.7

$600K

Months of Inventory

Median Sale Price

99.6%

37

Median Sale vs List

Avg Days on Market

Daly City DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

40

30

20

10

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

30 25 20 15 10 5 0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$1,400,000 $1,200,000 $1,000,000

Single-Family Homes

$800,000

The median sales price has decreased from $1.1m last December 2022, to 1m as of December 2023.

$600,000 $400,000 $200,000

Condos & Townhomes

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

20 23

Fe b

De c

Ja n

20 22

20 23

$0

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

AVG Days On the Market

60 50 40

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.

30 20 10

Condos & Townhomes

Back to Table of Contents

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

40% 20%

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

M ar 20 23

Ap r2 02 3

0% 20 23

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

60%

Fe b

Condos & Townhomes

80%

20 23

The overbid percentage has increased from 101% last December 2022, to 107.2% a year later.

100%

Ja n

Single-Family Homes

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

120%

20 22

Overbids

De c

Ju n

20 23

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

0

Foster City 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

9

New Listings

Sold Listings

0.1

$2.4M

Months of Inventory

Median Sale Price

103.5% 20 Median Sale vs List

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

8

9

New Listings

Sold Listings

1.8

$1.2M

Months of Inventory

Median Sale Price

98.8%

49

Median Sale vs List

Avg Days on Market

Foster City DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

14 12 10 8 6 4 2 0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

30 25 20 15 10 5 0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$3,000,000 $2,500,000 $2,000,000

Single-Family Homes The median sales price has increased from $1.9m last December 2022, to $2.4m as of December 2023.

$1,500,000 $1,000,000 $500,000

Condos & Townhomes

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

20 23

Fe b

De c

Ja n

20 22

20 23

$0

The median sales price has increased from $1m last December 2022, to $1.2m as of December 2023.

AVG Days On the Market

50

40

Single-Family Homes

30

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

20

10

Condos & Townhomes

Back to Table of Contents

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

20 23

40% 20%

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 23

M ar 20 23

Ap r2 02 3

0% Fe b

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

60%

20 23

Condos & Townhomes

80%

Ja n

The overbid percentage has increased from 98.2% last December 2022, to 103.5% a year later.

100%

20 22

Single-Family Homes

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

120%

De c

Overbids

Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

0

Half Moon Bay What's in the Half Moon Bay data?

There were 20 single-family homes for sale, providing 3.3 months of inventory. There were 6 new listings, and 6 homes sold at a median price of $2.1m. The median overbid percentage was at 92.9%, with an average of 29 days on the market.

There were 1 condo and townhome unit for sale, providing 1 month of inventory. There were 0 new listings and 1 unit sold at a median sale price of $725k. The median overbid percentage was at 121.2%, with an average of 10 days on the market.

SFH

Single-Family Homes

6

6

New Listings

Sold Listings

3.3

$2.1M

Months of Inventory

Median Sale Price

92.9%

29

Median Sale vs List

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

0

1

New Listings

Sold Listing

1

$725K

Month of Inventory

Median Sale Price

121.2%

10

Median Sale vs List

Avg Days on Market

Half Moon Bay DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

30 25 20 15 10 5 0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

4

3

2

1

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$3,000,000 $2,500,000 $2,000,000

Single-Family Homes The median sales price has increased from $1.9m last December 2022, to $2.1m as of December 2023.

$1,500,000 $1,000,000 $500,000

Condos & Townhomes

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

20 23

Fe b

De c

Ja n

20 22

20 23

$0

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

AVG Days On the Market

60 50 40

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.

30 20 10

Condos & Townhomes

Overbids

20 23

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

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

0

140% 120%

Single-Family Homes The overbid percentage has decreased from 98.3% last December 2022, to 92.9% a year later.

100% 80% 60% 40%

Back to Table of Contents

20%

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

Ja n

20 23

0% 20 22

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

De c

Condos & Townhomes

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

3

New Listings

Sold Listings

6

$3.8M

Months of Inventory

Median Sale Price

96.2%

18

Median Sale vs List

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.

Hillsborough DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

40

30

20

10

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

No data for this month.

100

80

60

40

20

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$7,000,000 $6,000,000 $5,000,000

Single-Family Homes

$4,000,000

The median sales price has increased from $3.7m last December 2022, to $3.8m as of December 2023.

$3,000,000 $2,000,000 $1,000,000

Condos & Townhomes

20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

20 23

Fe b

De c

Ja n

20 22

20 23

$0

No data for this month.

AVG Days On the Market

120 100 80

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.

60 40 20

Condos & Townhomes 0

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.

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

No data for this month.

120% 100% 80% 60% 40% 20%

Back to Table of Contents

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

0%

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

4

New Listings

Sold Listings

1.3

$2.4M

Months of Inventory

Median Sale Price

107.9% 12 Median Sale vs List

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

2

0

New Listings

Sold Listings

0

$0

Months of Inventory

Median Sale Price

0%

0

Median Sale vs List

Avg Days on Market

Millbrae DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

20

15

10

5

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

6 5 4 3 2 1 0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$2,500,000

$2,000,000

Single-Family Homes

$1,500,000

The median sales price has increased from $1.8m last December 2022, to $2.4m as of December 2023.

$1,000,000

$500,000

Condos & Townhomes 20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

20 23

Fe b

De c

Ja n

20 22

20 23

$0

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

AVG Days On the Market

80

60

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.

40

20

Condos & Townhomes

Back to Table of Contents

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

20 23

40% 20%

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 23

M ar 20 23

Ap r2 02 3

0% Fe b

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

60%

20 23

Condos & Townhomes

80%

Ja n

The overbid percentage has increased from 99.5% last December 2022, to 107.9% a year later.

100%

20 22

Single-Family Homes

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

120%

De c

Overbids

Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

0

Pacifica What's in the Pacifica data?

There were 19 single-family homes for sale, providing 0.9 months of inventory. There were 14 new listings, and 22 homes sold at a median price of $1.1m. The median overbid percentage was at 100.4%, with an average of 27 days on the market.

There were 7 condo and townhome units for sale, providing 1.4 months of inventory. There was 1 new listing and 5 units sold at a median sale price of $800k. The median overbid percentage was at 96.5%, with an average of 61 days on the market.

SFH

Single-Family Homes

14

22

New Listings

Sold Listings

0.9

$1.1M

Months of Inventory

Median Sale Price

100.4% 27 Median Sale vs List

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

1

5

New Listing

Sold Listings

1.4

$800K

Months of Inventory

Median Sale Price

96.5%

61

Median Sale vs List

Avg Days on Market

Pacifica DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

35 30 25 20 15 10 5 0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

20

15

10

5

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.15m last December 2022, to $1.18m as of December 2023.

$1,000,000

$500,000

Condos & Townhomes 20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

20 23

Fe b

De c

Ja n

20 22

20 23

$0

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

AVG Days On the Market

200

150

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.

100

50

Condos & Townhomes

Back to Table of Contents

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

20 23

40% 20%

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 23

M ar 20 23

Ap r2 02 3

0% Fe b

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

60%

20 23

Condos & Townhomes

80%

Ja n

The overbid percentage has increased from 99.4% last December 2022, to 100.4% a year later.

100%

20 22

Single-Family Homes

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

120%

De c

Overbids

Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

0

San Bruno What's in the San Bruno data?

There were 9 single-family homes for sale, providing 0.6 months of inventory. There were 7 new listings, and 14 homes sold at a median price of $1.2m. The median overbid percentage was at 103.9%, with an average of 30 days on the market.

There were 5 condo and townhome units for sale, providing 1 month of inventory. There were 1 new listing and 5 units sold at a median sale price of $490k. The median overbid percentage was at 102.6%, with an average of 47 days on the market.

SFH

Single-Family Homes

7

14

New Listings

Sold Listings

0.6

$1.2M

Months of Inventory

Median Sale Price

103.9% 30 Median Sale vs List

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

1

5

New Listing

Sold Listings

1

$490K

Month of Inventory

Median Sale Price

102.6%

47

Median Sale vs List

Avg Days on Market

San Bruno DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

30 25 20 15 10 5 0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

20

15

10

5

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.21m last December 2022, to $1.22m as of December 2023.

$1,000,000

$500,000

Condos & Townhomes 20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

20 23

Fe b

De c

Ja n

20 22

20 23

$0

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

AVG Days On the Market

120 100 80

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.

60 40 20

Condos & Townhomes

Back to Table of Contents

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

20 23

40% 20%

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 23

M ar 20 23

Ap r2 02 3

0% Fe b

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

60%

20 23

Condos & Townhomes

80%

Ja n

The overbid percentage has increased from 100.1% last December 2022, to 103.9% a year later.

100%

20 22

Single-Family Homes

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

120%

De c

Overbids

Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

0

San Carlos 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

17

New Listings

Sold Listings

0.8

$2.3M

Months of Inventory

Median Sale Price

102.3% 37 Median Sale vs List

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

2

2

New Listings

Sold Listings

4

$1M

Months of Inventory

Median Sale Price

99.4%

145

Median Sale vs List

Avg Days on Market

San Carlos DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

40

30

20

10

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

25

20

15

10

5

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$2,500,000

$2,000,000

Single-Family Homes

$1,500,000

The median sales price has increased from $1.9m last December 2022, to $2.3m as of December 2023.

$1,000,000

$500,000

Condos & Townhomes 20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

20 23

Fe b

De c

Ja n

20 22

20 23

$0

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

AVG Days On the Market

200

150

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.

100

50

Condos & Townhomes

Back to Table of Contents

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

20 23

40% 20%

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 23

M ar 20 23

Ap r2 02 3

0% Fe b

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

60%

20 23

Condos & Townhomes

80%

Ja n

The overbid percentage has increased from 99.2% last December 2022, to 102.3% a year later.

100%

20 22

Single-Family Homes

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

120%

De c

Overbids

Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

0

San Mateo 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

34

New Listings

Sold Listings

0.5

$1.6M

Months of Inventory

Median Sale Price

102.7% 24 Median Sale vs List

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

11

19

New Listings

Sold Listings

1.9

$710K

Months of Inventory

Median Sale Price

99.9%

58

Median Sale vs List

Avg Days on Market

San Mateo DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

70 60 50 40 30 20 10 0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

70 60 50 40 30 20 10 0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$2,500,000

$2,000,000

Single-Family Homes

$1,500,000

The median sales price has decreased from $1.8m last December 2022, to $1.6m as of December 2023.

$1,000,000

$500,000

Condos & Townhomes 20 23

De c

N ov

20 23

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

20 23

Fe b

De c

Ja n

20 22

20 23

$0

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

AVG Days On the Market

80

60

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.

40

20

Condos & Townhomes

Back to Table of Contents

20 23

De c

20 23

N ov

Se p

O ct 20 23

20 23

20 23

Au g

Ju l2 02 3

20 23

40% 20%

20 23

De c

20 23

N ov

O ct 20 23

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 23

M ar 20 23

Ap r2 02 3

0% Fe b

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

60%

20 23

Condos & Townhomes

80%

Ja n

The overbid percentage has increased from 100.7% last December 2022, to 102.7% a year later.

100%

20 22

Single-Family Homes

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

120%

De c

Overbids

Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

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20 22

0

South San 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

16

New Listings

Sold Listings

0.6

$1.8M

Months of Inventory

Median Sale Price

103.1% 21 Median Sale vs List

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

2

2

New Listings

Sold Listings

7

$657K

Months of Inventory

Median Sale Price

98.3%

33

Median Sale vs List

Avg Days on Market

South San Francisco DECEMBER 2022 - DECEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

30 25 20 15 10 5 0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Single-Family Homes Last 12 months, year-over-year.

20

15

10

5

0

Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023

Condos & Townhomes Last 12 months, year-over-year.

Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023

Median Sales Price

$1,400,000 $1,200,000 $1,000,000

Single-Family Homes The median sales price has increased from $1.12m last December 2022, to $1.18m as of December 2023.

$800,000 $600,000 $400,000 $200,000

Condos & Townhomes

20 23

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20 23

O ct 20 23

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Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

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20 22

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$0

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

AVG Days On the Market

60 50 40

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.

30 20 10

Condos & Townhomes

Back to Table of Contents

20 23

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40% 20%

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O ct 20 23

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Ap r2 02 3

0% Fe b

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

60%

20 23

Condos & Townhomes

80%

Ja n

The overbid percentage has increased from 102.6% last December 2022, to 103.1% a year later.

100%

20 22

Single-Family Homes

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

120%

De c

Overbids

Ju n

20 23

M ay

Ap r2 02 3

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Keller Williams Peninsula Estates 1430 Howard Avenue, Burlingame, CA 94010