Martin Santiago - April 2024 Market Report | Peninsula Estates

Page 1

Copyright by KW Advisors 2024 April 2024

Peninsula Estates

San Francisco County

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San Mateo County

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Belmont

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Burlingame

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Daly City

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Foster City

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Half Moon Bay

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Hillsborough

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Millbrae

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Pacifica

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San Bruno

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San Carlos

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San Mateo

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South San Francisco

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What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth in today's market?

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

Icanhelp...

WhyOverpricingYourHouse CanCostYou

If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign.

But while conditions are great for sellers like you, you’ll still want to be strategic when it comes time to set your asking price. That’s because pricing your house too high may actually cost you in the long run.

The Downside of Overpricing Your House

The asking price for your house sends a message to potential buyers. From the moment they see your listing, the price and the photos are what’s going to make the biggest first impression. And, if it’s priced too high, you may turn people away.

MLS Listings
Mateo 2024.
office
operated. amily Homes ntory $1.7M Median Sale Price 2% s List 164 Sold Listings 25 Avg Days on Market
Inc, includes all single-family homes, condos and California Area from March 2023 to March 2024. This may include may vary from the time the data was gathered. All data is deemed ed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San
Each
is independently owned and
CON Condo & To 314 New Listings 3.5 Months of Inventory $ M 101.1% Median Sale vs List Av
coCounty , y y SOLD LISTINGS 0 100 200 300 400 500 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 0 200 400 600 800 1000 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 6m last March 2023, to $1 7m as of March 2024

Condos & Townhomes

The median sale price has increased from $1 12m last March 2023, to $1 15m as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last March 2023, to 25 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 60 days in March 2023, to 47 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 108% last March 2023, to 110 2% a year later

Condos & Townhomes

The overbid percentage has increased from 100.6% last March 2023, to 101.1% a year later.

Back to Table of Contents
$0 $500,000 $1,000,000 $1,500,000 $2,000,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024 0 20 40 60 80 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024

SanMateo County

What's in the San Mateo County data?

There were 366 single-family homes for sale, providing 1.3 months of inventory. There were 439 new listings, and 274 homes sold at a median price of $1.9m. The median overbid percentage was at 106%, with an average of 19 days on the market.

There were 199 condo and townhome units for sale, providing 2.4 months of inventory. There were 158 new listings and 84 units sold at a median sale price of $1m. The median overbid percentage was at 101.7%, with an average of 44 days on the market

SFH Single-Family Homes

439 New Listings

274 Sold Listings

1.3 Months of Inventory

$1.9M Median Sale Price

106% Median Sale vs List

19 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from March 2023 to March 2024. 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 158 New Listings 2.4 Months of Inventory $1M Median Sale Price 101.7% Median Sale vs List 44 Avg Days on Market 84 Sold Listings

MARCH 2023 - MARCH 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

SanMateoCounty
00 1000 2000 3000 4000 5000 6000 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 500 1000 1500 2000 2500 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 7m last March 2023, to $1 9m as of March 2024

Condos & Townhomes

The median sale price has decreased from $1 07m last March 2023, to $1 05m as of March 2024

Single-Family Homes

The average time spent on the market went down from 27 days last March 2023, to 19 days as of March 2024

Condos & Townhomes

The average time spent on the market went up from 36 days in March 2023, to 44 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103% last March 2023, to 106% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last March 2023, to 101.7% a year later.

Back to Table of Contents
AVGDays OntheMarket
$0 $500,000 $1,000,000 $1,500,000 $2,000,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024 0 10 20 30 40 50 60 70 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024

Belmont

What's in the Belmont data?

There were 12 single-family homes for sale, providing 0.8 months of inventory. There were 23 new listings, and 15 homes sold at a median price of $2.5m. The median overbid percentage was at 104.7%, with an average of 13 days on the market.

There were 7 condo and townhome units for sale, providing 3.5 months of inventory. There were 7 new listings and 2 units sold at a median sale price of $1.3m. The median overbid percentage was at 104%, with an average of 7 days on the market.

SFH Single-Family Homes

23 New Listings

15 Sold Listings

0.8 Months of Inventory

$2.5M Median Sale Price

104.7% Median Sale vs List

13 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from March 2023 to March 2024. 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.

MARCH 2023 - MARCH 2024

NGS FOR SALE SOLD LISTINGS

amily Homes

months, year-over-year.

& Townhomes

months, year-over-year

lmont
00 50 100 150 200 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 10 20 30 40 50 60 70 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 3m last March 2023, to $2 5m as of March 2024

Condos & Townhomes

The median sale price has increased from $790k last March 2023, to $1 3m as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 17 days last March 2023, to 13 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 12 days in March 2023, to 7 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 107 4% last March 2023, to 104 7% a year later

Condos & Townhomes

The overbid percentage has increased from 98.9% last March 2023, to 104% a year later.

Back to Table of Contents
$500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024 0 20 40 60 80 100 120 140 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024
$0

Burlingame

What's in the Burlingame data?

There were 15 single-family homes for sale, providing 1 month of inventory. There were 23 new listings, and 15 homes sold at a median price of $2.4m. The median overbid percentage was at 105.1%, with an average of 6 days on the market.

There were 7 condo and townhome units for sale, providing 2.3 months of inventory. There were 4 new listings and 3 units sold at a median sale price of $655k. The median overbid percentage was at 102.4%, with an average of 38 days on the market.

SFH Single-Family Homes

23 New Listings

15 Sold Listings

1 Month of Inventory

$2.4M Median Sale Price

105.1% Median Sale vs List

6 Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from March 2023 to March 2024. 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 4 New Listings 2.3 Months of Inventory $655K Median Sale Price 102.4% Median Sale vs List 38 Avg Days on Market 3 Sold Listings

MARCH 2023 - MARCH 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Burlingame
00 50 100 150 200 250 300 350 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 20 40 60 80 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 7m last March 2023, to $2 4m as of March 2024

Condos & Townhomes

The median sale price has decreased from $1 4m last March 2023, to $655k as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 37 days last March 2023, to 6 days as of March 2024

Condos & Townhomes

The average time spent on the market went up from 31 days in March 2023, to 38 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 99 9% last March 2023, to 105 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 104.1% last March 2023, to 102.4% a year later.

Back to Table of Contents
$0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024 0 10 20 30 40 50 60 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024

DalyCity

What's in the Daly City data?

There were 20 single-family homes for sale, providing 0.8 months of inventory. There were 27 new listings, and 24 homes sold at a median price of $1.2m. The median overbid percentage was at 111.7%, with an average of 16 days on the market.

There were 11 condo and townhome units for sale, providing 1.8 months of inventory. There were 10 new listings and 6 units sold at a median sale price of $797k. The median overbid percentage was at 105.5%, with an average of 22 days on the market.

SFH Single-Family Homes

27 New Listings

24 Sold Listings

0.8 Months of Inventory

$1.2M Median Sale Price

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from March 2023 to March 2024. 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.

111.7% Median Sale vs List
on
16 Avg Days
Market
1
City MARCH 2023 - MARCH 2024 mes year-over-year. omes year-over-year R SALE SOLD LISTINGS 00 100 200 300 400 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 50 100 150 200 250 300 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 1m last March 2023, to $1 2m as of March 2024

Condos & Townhomes

The median sale price has increased from $581k last March 2023, to $797k as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 26 days last March 2023, to 16 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 44 days in March 2023, to 22 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 1% last March 2023, to 111 7% a year later

Condos & Townhomes

The overbid percentage has increased from 103.9% last March 2023, to 105.5% a year later.

Back to Table of Contents
0 10 20 30 40 50 60 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024

FosterCity

What's in the Foster City data?

There were 3 single-family homes for sale, providing 0.8 months of inventory. There were 9 new listings, and 4 homes sold at a median price of $2.1m. The median overbid percentage was at 105.7%, with an average of 11 days on the market.

There were 16 condo and townhome units for sale, providing 2.3 months of inventory. There were 10 new listings and 7 units sold at a median sale price of $1.2m. The median overbid percentage was at 103.1%, with an average of 16 days on the market.

SFH Single-Family Homes

9 ew Listings

4 Sold Listings

0.8 Months of Inventory

$2.1M Median Sale Price

105.7% 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 March 2023 to March 2024. 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 10 New Listings 2.3 Months of Inventory $1.2M Median Sale Price 103.1% Median Sale vs List 16 Avg Days on Market 7 Sold Listings

MARCH 2023 - MARCH 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

FosterCity
00 20 40 60 80 100 120 140 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 50 100 150 200 250 300 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 7m last March 2023, to $2 1m as of March 2024

Condos & Townhomes

The median sale price has decreased from $1 3m last March 2023, to $1 2m as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 10 days last March 2023, to 11 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 44 days in March 2023, to 16 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 9% last March 2023, to 105 7% a year later

Condos & Townhomes

The overbid percentage has increased from 100.6% last March 2023, to 103.1% a year later.

Back to Table of Contents
$0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024 0 10 20 30 40 50 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024

HalfM Bay

What's in the Half data?

There were 24 single-family providing 4 months of invent new listings, and 6 homes so of $1.8m. The median overb 97 7%, with an average of 53

There was 1 condo and town providing 0.5 months of inve new listing and 2 units sold a of $842k. The median overbi 100.4%, with an average of 4

8M Price s Market

single-family homes, condos and 2024. This may include gathered. All data is deemed Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

C Condo 1 New Listing 0.5 Months of Inventory 100.4% Median Sale vs List
y y
00 50 100 150 200 250 300 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 10 20 30 40 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024
Bay
ISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 4m last March 2023, to $1 8m as of March 2024

Condos & Townhomes

The median sale price has increased from $819k last March 2023, to $842k as of March 2024

Single-Family Homes

The average time spent on the market went up from 41 days last March 2023, to 53 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 14 days in March 2023, to 4 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 99% last March 2023, to 97 7% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last March 2023, to 100.4% a year later.

Back to Table of Contents
AVGDays OntheMarket
$500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024 0 20 40 60 80 100 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% 14000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024
$0

Hillsborough

What's in the Hillsborough data?

There were 29 single-family homes for sale, providing 4.1 months of inventory. There were 15 new listings, and 7 homes sold at a median price of $4.4m. The median overbid percentage was at 105%, with an average of 7 days on the market.

There was no data for condo and townhouse units for this month.

No data for this month.

Con

No data for this month.

gh y y D LISTINGS 00 100 200 300 400 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 200 400 600 800 1000 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $6 3m last March 2023, to $4 4m as of March 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 24 days last March 2023, to 7 days as of March 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has decreased from 113 5% last March 2023, to 105% a year later

Condos & Townhomes

No data for this month

Back to Table of Contents
$0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024 0 20 40 60 80 100 120 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024

Millbrae

What's in the Millbrae data?

There were 7 single-family homes for sale, providing 1.8 months of inventory. There were 15 new listings, and 4 homes sold at a median price of $2.4m. The median overbid percentage was at 113.7%, with an average of 15 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 $1m. The median overbid percentage was at 101.5%, with an average of 7 days on the market.

SFH Single-Family Homes

15 New Listings

4 Sold Listings

1.8 Months of Inventory

$2.4M Median Sale Price

113.7% 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 March 2023 to March 2024. 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
C
Listings
of Inventory
4 New
3 Months
Sale vs List
101.5% Median
, y y
00 50 100 150 200 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 10 20 30 40 50 60 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024
STINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2m last March 2023, to $2 4m as of March 2024

Condos & Townhomes

The median sale price has decreased from $1 2m last March 2023, to $1m as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 46 days last March 2023, to 15 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 17 days in March 2023, to 7 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 2% last March 2023, to 113 7% a year later

Condos & Townhomes

The overbid percentage has increased from 101.4% last March 2023, to 101.5% a year later.

Back to Table of Contents
$0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024 0 20 40 60 80 100 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024

Pacifica

What's in the Paci

There were 20 single-family h providing 1.7 months of inve new listings, and 12 homes s of $1.2m. The median overbi 101.8%, with an average of 3

There were 9 condo and tow providing 3 months of invent new listings and 3 units sold price of $780k. The median o was at 100.8%, with an avera market.

2M Price s Market

single-family homes, condos and 2024. This may include gathered. All data is deemed Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated.

C Condo 2 New Listings 3 Months of Inventory 100.8% Median Sale vs List
, y y STINGS 00 50 100 150 200 250 300 350 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 50 100 150 200 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 3m last March 2023, to $1 2m as of March 2024

Condos & Townhomes

The median sale price has increased from $737k last March 2023, to $780k as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 26 days last March 2023, to 33 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 169 days in March 2023, to 44 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 104 6% last March 2023, to 101 8% a year later

Condos & Townhomes

The overbid percentage has increased from 99.7% last March 2023, to 100.8% a year later.

Back to Table of Contents
$0 $500,000 $1,000,000 $1,500,000 $2,000,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024 0 50 100 150 200 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024
e-Family Homes urced from MLS Listings Inc, includes
single-family
Area
2023
2024.
guaranteed. DRE#
Copyright KW Advisors
Estates
Burlingame | San Mateo 2024. Each office is independently owned and operated. ings 9 of Inventory $1.4M Median Sale Price 4.2% Sale vs List 9 Sold Listings 23 Avg Days on Market
all
homes, condos and in the California
from March
to March
This may include data, and may vary from the time the data was gathered. All data is deemed not
01906450.
Peninsula
|
C Condo
New Listings
Months of Inventory
Median Sale vs List
10
2.4
101.6%
, y y
00 50 100 150 200 250 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 50 100 150 200 250 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024
STINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 3m last March 2023, to $1 4m as of March 2024

Condos & Townhomes

The median sale price has increased from $519k last March 2023, to $525k as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 37 days last March 2023, to 23 days as of March 2024

Condos & Townhomes

The average time spent on the market went up from 25 days in March 2023, to 34 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 4% last March 2023, to 104 2% a year later

Condos & Townhomes

The overbid percentage has increased from 98.8% last March 2023, to 101.6% a year later.

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0 20 40 60 80 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024

SanCarlos

What's in the San Carlos data?

There were 11 single-family homes for sale, providing 0.5 months of inventory. There were 21 new listings, and 22 homes sold at a median price of $2.3m. The median overbid percentage was at 106.5%, with an average of 21 days on the market.

There were 11 condo and townhome units for sale, providing 1.4 months of inventory. There were 14 new listings and 8 units sold at a median sale price of $1.1m. The median overbid percentage was at 101.7%, with an average of 15 days on the market.

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from March 2023 to March 2024. 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. 21 ew Listings 0.5 Months of Inventory

SFH Single-Family Homes
$2.3M Median Sale Price 106.5% Median Sale vs List 22 Sold Listings 21 Avg Days on Market
CONDO Condo & Townhome 14 New Listings 1.4 Months of Inventory $1.1M Median Sale Pric 101.7% Median Sale vs List 15 Avg Days on Marke 8 Sold Listing
Carlos
- MARCH 2024 mes year-over-year. omes , year-over-year R SALE SOLD LISTINGS 00 100 200 300 400 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 50 100 150 200 250 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024
MARCH 2023

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 2m last March 2023, to $2 3m as of March 2024

Condos & Townhomes

The median sale price has decreased from $1 5m last March 2023, to $1 1m as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 26 days last March 2023, to 21 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 18 days in March 2023, to 15 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 9% last March 2023, to 106 5% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last March 2023, to 101.7% a year later.

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$0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024 0 50 100 150 200 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024

SanMateo

What's in the San Mateo data?

There were 30 single-family homes for sale, providing 0.8 months of inventory. There were 50 new listings, and 40 homes sold at a median price of $1.8m. The median overbid percentage was at 105.9%, with an average of 14 days on the market.

There were 68 condo and townhome units for sale, providing 3.4 months of inventory. There were 51 new listings and 20 units sold at a median sale price of $1m. The median overbid percentage was at 101.3%, with an average of 97 days on the market.

mily Homes MLS Listings Inc, includes all single-family homes, condos and California Area from March 2023 to March 2024. This may include vary from the time the data was gathered. All data is deemed ed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2024. Each office is independently owned and operated. ory $1.8M Median Sale Price 9% ist 40 Sold Listings 14 Avg Days on Market
CONDO Condo & Townhomes 51 New Listings 3.4 Months of Inventory $1M Median Sale Price 101.3% Median Sale vs List 97 Avg Days on Market 20 Sold Listings

MARCH 2023 - MARCH 2024

gle-Family Homes t 12 months, year-over-year.

ndos & Townhomes

year-over-year

SanMateo
00 100 200 300 400 500 600 700 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 100 200 300 400 500 600 700 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024
t 12 months,
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 6m last March 2023, to $1 8m as of March 2024

Condos & Townhomes

The median sale price has decreased from $1 1m last March 2023, to $1m as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 21 days last March 2023, to 14 days as of March 2024

Condos & Townhomes

The average time spent on the market went up from 37 days in March 2023, to 97 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 5% last March 2023, to 105 9% a year later

Condos & Townhomes

The overbid percentage has increased from 98.3% last March 2023, to 101.3% a year later.

Back to Table of Contents
$0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024 0 20 40 60 80 100 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024

SouthSan Francisco

What's in the South San Francisco data?

There were 12 single-family homes for sale, providing 0.6 months of inventory. There were 24 new listings, and 20 homes sold at a median price of $1.3m. The median overbid percentage was at 108 7%, 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 14 new listings and 5 units sold at a median sale price of $830k. The median overbid percentage was at 102.6%, with an average of 51 days on the market.

CONDO Condo & Townhomes 14 New Listings 2 Months of Inventory $830K Median Sale Price 102.6% Median Sale vs List 51 Avg Days on Market 5 Sold Listings

MARCH 2023 - MARCH 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

SouthSanFrancisco
00 50 100 150 200 250 300 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 00 50 100 150 200 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 2m last March 2023, to $1 3m as of March 2024

Condos & Townhomes

The median sale price has increased from $829k last March 2023, to $830k as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 26 days last March 2023, to 11 days as of March 2024

Condos & Townhomes

The average time spent on the market went up from 36 days in March 2023, to 51 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 104 5% last March 2023, to 108 7% a year later

Condos & Townhomes

The overbid percentage has increased from 101.1% last March 2023, to 102.6% a year later.

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0 20 40 60 80 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023 Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024
1430 Howard Avenue, Burlingame, CA 94010 KellerWilliamsPeninsulaEstates Martin Santiago Broker Associate DRE #01930626 (415) 850-7704 brokermartinsantiago@gmail.com www.brokermartinsantiago.com TOP 10% in San Mateo County per MLS Sales Report

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