Martin Santiago - May 2024 Market Report | Peninsula Estates by Procasa Technologies, Inc

Peninsula Estates

San Francisco County

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San Mateo County

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Belmont

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Foster City

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Half Moon Bay

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Hillsborough

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Millbrae

Pacifica

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?

Icanhelp...

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

WhatIsGoingonwith MortgageRates?

You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data. Here’s a quick overview of what’s happening with mortgage rates and what experts say is ahead.

Economic Factors That Impact Mortgage Rates

When it comes to mortgage rates, things like the job market, the pace of inflation, consumer spending, geopolitical uncertainty, and more all have an impact. Another factor at play is the Federal Reserve (the Fed) and its decisions on monetary policy. And that’s what you may be hearing a lot about right now. Here’s why.

The Fed decided to start raising the Federal Funds Rate to try to slow down the economy (and inflation) in early 2022. That rate impacts how much it costs banks to borrow money from each other. It doesn’t determine mortgage rates, but mortgage rates do respond when this happens. And that’s when mortgage rates started to really climb.

San Francisco County

What's in the San Francisco County data?

There were 292 single-family homes for sale, providing 1.3 months of inventory. There were 291 new listings, and 220 homes sold at a median price of $1.7m. The median overbid percentage was at 113.4%, with an average of 22 days on the market.

There were 677 condo and townhome units for sale, providing 3.1 months of inventory. There were 355 new listings and 217 units sold at a median sale price of $1.1m. The median overbid percentage was at 101.8%, with an average of 51 days on the market.

SFH

Single-Family Homes

291 New Listings

220 Sold Listings

1.3 Months of Inventory

$1.7M

Median Sale Price

113.4%

Median Sale vs List

22 Avg Days on Market

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

New Listings

3.1

Months of Inventory

101.8%

Median Sale vs List

C Condo 355

County , y y ISTINGS 3 Jan2024 Feb2024 Mar2024 Apr2024 3 Jan2024 Feb2024 Mar2024 Apr2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 5m last April 2023, to $1 7m as of April 2024

Condos & Townhomes

The median sale price has decreased from $1 19m last April 2023, to $1 13m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 30 days last April 2023, to 22 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 54 days in April 2023, to 51 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 9% last April 2023, to 113 4% a year later

Condos & Townhomes

The overbid percentage has increased from 99.9% last April 2023, to 101.8% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 20 40 60 80 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

SanMateo County

What's in the San Mateo County data?

There were 493 single-family homes for sale, providing 1.5 months of inventory. There were 506 new listings, and 333 homes sold at a median price of $2m. The median overbid percentage was at 107 2%, with an average of 18 days on the market.

There were 223 condo and townhome units for sale, providing 2.2 months of inventory. There were 169 new listings and 102 units sold at a median sale price of $952k. The median overbid percentage was at 103.1%, with an average of 23 days on the market

SFH

Single-Family Homes

506 New Listings

333 Sold Listings

1.5 Months of Inventory

$2M Median Sale Price

107.2%

Median Sale vs List

18 Avg Days on Market

169

New Listings

102

Sold Listings

2.2

Months of Inventory

103.1%

Median Sale vs List

$952K

Median Sale Price

Avg Days on Market

CONDO

Condo & Townhomes

SanMateoCounty

APRIL 2023 - APRIL 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

0 100 200 300 400 500 600 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 0 50 100 150 200 250 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 8m last April 2023, to $2m as of April 2024

Condos & Townhomes

The median sale price has increased from $857k last April 2023, to $952k as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 23 days last April 2023, to 18 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 33 days in April 2023, to 23 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 8% last April 2023, to 107 2% a year later

Condos & Townhomes

The overbid percentage has increased from 101.8% last April 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 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 10 20 30 40 50 60 70 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

Belmon

What's in the Belm

There were 11 single-family h providing 0.5 months of inve new listings, and 19 homes s of $2.3m. The median overbi 110.8%, with an average of 1

There were 7 condo and tow providing 1.4 months of inve new listings and 5 units sold price of $1.1m. The median o was at 101.2%, with an avera 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.

Price

s Market

Mon 10 Me

LISTINGS 2023 Jan2024 Feb2024 Mar2024 Apr2024 2023 Jan2024 Feb2024 Mar2024 Apr2024

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 4m last April 2023, to $2 3m as of April 2024

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 24 days last April 2023, to 18 days as of April 2024

Condos & Townhomes

The average time spent on the market went up from 15 days in April 2023, to 34 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 2% last April 2023, to 110 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 103.5% last April 2023, to 101.2% 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 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 20 40 60 80 100 120 140 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

Burling

What's in the Burli

There were 24 single-family h providing 1.8 months of inve new listings, and 13 homes s of $2.6m. The median overbi 103.8%, with an average of 1

There were 6 condo and tow providing 1.2 months of inve new listings and 5 units sold price of $1m. The median ov at 101.2%, with an average o 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. 6M

Price s Market

Condo & Townhomes

New Listings

5 Sold Listings

1.2

Months of Inventory

$1M

Median Sale Price

101.2%

Median Sale vs List

15 Avg Days on Market

CONDO

APRIL 2023 - APRIL 2024

TINGS FOR SALE SOLD LISTINGS

Family Homes

2 months, year-over-year.

s & Townhomes

2 months, year-over-year

urlingame

May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 9m last April 2023, to $2 6m as of April 2024

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 32 days last April 2023, to 15 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 32 days in April 2023, to 15 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 8% last April 2023, to 103 8% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last April 2023, to 101.2% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000

Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 10 20 30 40 50 60 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

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

DalyCity

What's in the Daly City data?

There were 32 single-family homes for sale, providing 1.4 months of inventory. There wer new listings, and 23 homes sold at a median of $1.2m. The median overbid percentage wa 110.8%, with an average of 16 days on the m

There were 14 condo and townhome units fo sale, providing 1.4 months of inventory. Ther were 11 new listings and 10 units sold at a m sale price of $689k. The median overbid percentage was at 102.6%, with an average o days on the market.

New Listings

Sold Listings

1.4

Months of Inventory

102.6%

Median Sale vs List

$689K

Median Sale Price

Avg Days on Market

CONDO

Condo & Townhomes 11

DalyCity

APRIL 2023 - APRIL 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

LISTINGS

SOLD LISTINGS

10 20 30 40 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 0 5 10 15 20 25 30 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024

FOR SALE

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has increased from $557k last April 2023, to $689k as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 22 days last April 2023, to 16 days as of April 2024

Condos & Townhomes

The average time spent on the market went up from 24 days in April 2023, to 28 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 105 7% last April 2023, to 110 8% a year later

Condos & Townhomes

The overbid percentage has increased from 101.3% last April 2023, to 102.6% a year later.

Back to Table of Contents $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 10 20 30 40 50 60 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

FosterCity

What's in the Foster City data?

There were 9 single-family homes for sale, providing 0.7 months of inventory. There were 21 new listings, and 13 homes sold at a median price of $2.3m. The median overbid percentage was at 105.6%, with an average of 13 days on the market.

There were 18 condo and townhome units for sale, providing 4.5 months of inventory. There were 21 new listings and 4 units sold at a median sale price of $1.5m. The median overbid percentage was at 107.4%, with an average of 8 days on the market.

Single-Family Homes

21 ew Listings

13 Sold Listings

0.7 Months of Inventory

$2.3M Median Sale Price

105.6%

Median Sale vs List

13 Avg Days on Market

SFH

Condo & Townhomes

New Listings

4 Sold Listings

4.5

Months of Inventory

$1.5M

Median Sale Price

107.4%

Median Sale vs List

8 Avg Days on Market

CONDO

FosterCity

year-over-year.

LISTINGS FOR SALE SOLD LISTINGS 0 2 4 6 8 10 12 14 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 0 5 10 15 20 25 30 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024

APRIL 2023 - APRIL 2024 Single-Family Homes Last 12 months,

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

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 4m last April 2023, to $2 3m as of April 2024

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 9 days last April 2023, to 13 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 13 days in April 2023, to 8 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 5% last April 2023, to 105 6% a year later

Condos & Townhomes

The overbid percentage has increased from 103.6% last April 2023, to 107.4% 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 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 10 20 30 40 50 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

HalfMoon Bay

What's in the Half Moon Bay data?

There were 29 single-family homes for sale, providing 5.8 months of inventory. There were 13 new listings, and 5 homes sold at a median price of $1.8m. The median overbid percentage was at 97%, with an average of 94 days on the market

There were 0 condo and townhome units for sale, providing 0 months of inventory. There were 3 new listings and 2 units sold at a median sale price of $775k. The median overbid percentage was at 103.2%, with an average of 17 days on the market.

Single-Family Homes

13 New Listings

5 Sold Listings

5.8 Months of Inventory

$1.8M Median Sale Price

97%

Median Sale vs List

94 Avg Days on Market

SFH

New Listings

2 Sold Listings

Months of Inventory $775K

Median Sale Price 103.2%

Median Sale vs List 17 Avg Days on Market

CONDO

Condo & Townhomes

HalfMoonBay

APRIL 2023 - APRIL 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

LISTINGS

SOLD LISTINGS 0 5 10 15 20 25 30 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 0 1 2 3 4 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024

FOR SALE

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has increased from $0 last April 2023, to $775k as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 53 days last April 2023, to 94 days as of April 2024

Condos & Townhomes

The average time spent on the market went up from 0 days in April 2023, to 17 days as of April 2024.

Overbids

Single-Family Homes

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

Condos & Townhomes

The overbid percentage has increased from 0% last April 2023, to 103.2% 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 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 20 40 60 80 100 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% 14000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

Hillsborough

What's in the Hillsborough data?

There were 33 single-family homes for sale, providing 4.1 months of inventory. There were 17 new listings, and 8 homes sold at a median price of $5.9m. The median overbid percentage was at 100%, with an average of 22 days on the market.

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

Single-Family Homes

17 New Listings

8 Sold Listings

4.1 Months of Inventory

$5.9M Median Sale Price

100%

Median Sale vs List

22 Avg Days on Market

SFH

CONDO

Condo & Townhomes

No data for this month.

illsborough

APRIL 2023 - APRIL 2024

TINGS FOR SALE SOLD LISTINGS

Family Homes

2 months, year-over-year.

No data for this month.

s & Townhomes

2 months, year-over-year

May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $5 2m last April 2023, to $5 9m as of April 2024

Condos & Townhomes

No data for this month

$7,000,000

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 11 days last April 2023, to 22 days as of April 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has increased from 99 5% last April 2023, to 100% 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

Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 20 40 60 80 100 120 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024

Feb2024Mar2024Apr2024

Millbra

What's in the Millb

There were 5 single-family ho providing 0.3 months of inve new listings, and 19 homes s of $2.3m. The median overbi 110.9%, with an average of 1

There were 2 condo and tow providing 1 month of invento listings and 2 units sold at a $1.2m. The median overbid p 98.5%, with an average of 66

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.

3M Price s Market

Condo & Townhomes

New Listings

2 Sold Listings

1 Month of Inventory

$1.2M

Median Sale Price 98.5%

Median Sale vs List 66 Avg Days on Market

CONDO

APRIL 2023 - APRIL 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Millbrae

SOLD LISTINGS 0 5 10 15 20 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024 0 1 2 3 4 5 6 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Apr2024

LISTINGS FOR SALE

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has increased from $0 last April 2023, to $1 2m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 10 days last April 2023, to 13 days as of April 2024

Condos & Townhomes

The average time spent on the market went up from 0 days in April 2023, to 66 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 104 7% last April 2023, to 110 9% a year later

Condos & Townhomes

The overbid percentage has increased from 0% last April 2023, to 98.5% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 20 40 60 80 100 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

Paci

What's in t

There were 25 s providing 1.6 mo new listings, and of $1.2m. The m 106.3%, with an

There were 10 c sale, providing 3 were 8 new listin sale price of $90 percentage was days on the mar

Ne Months

100. Median

y y

Apr2024 Apr2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 27m last April 2023, to $1 28m as of April 2024

Condos & Townhomes

The median sale price has increased from $782k last April 2023, to $900k as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 19 days last April 2023, to 17 days as of April 2024

Condos & Townhomes

The average time spent on the market went up from 9 days in April 2023, to 130 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has remained the same from 106 3% last April 2023, to 106 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 107% last April 2023, to 100.5% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 20 40 60 80 100 120 140 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

SanBru

What's in the San

There were 12 single-family h providing 0.8 months of inve new listings, and 16 homes s of $1.5m. The median overbi 107.1%, with an average of 1

There were 15 condo and tow sale, providing 2.5 months of were 8 new listings and 6 un sale price of $479k. The med percentage was at 99.2%, wi days on the 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. 5M

Price s Market

New Listings

2.5

Months of Inventory 99.2%

Median Sale vs List

Condo

, y y STINGS Jan2024 Feb2024 Mar2024 Apr2024 Jan2024 Feb2024 Mar2024 Apr2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 2m last April 2023, to $1 5m as of April 2024

Condos & Townhomes

The median sale price has decreased from $547k last April 2023, to $479k as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 12 days last April 2023, to 17 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 64 days in April 2023, to 57 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 111 7% last April 2023, to 107 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.9% last April 2023, to 99.2% a year later.

SanCa

What's in the San

There were 22 single-family h providing 1.2 months of inve new listings, and 19 homes s of $2.3m. The median overbi 110%, with an average of 11

There were 11 condo and tow sale, providing 1.6 months of were 6 new listings and 7 un sale price of $1.6m. The med percentage was at 101.4%, w days on the 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.

Price

s Market

New Listings

1.6

Months of Inventory

101.4%

Median Sale vs List

Cond

, y y LISTINGS 2023 Jan2024 Feb2024 Mar2024 Apr2024 2023 Jan2024 Feb2024 Mar2024 Apr2024

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has increased from $1 4m last April 2023, to $1 6m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 17 days last April 2023, to 11 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 35 days in April 2023, to 10 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 6% last April 2023, to 110% a year later

Condos & Townhomes

The overbid percentage has decreased from 103.5% last April 2023, to 101.4% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 50 100 150 200 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

SanMateo

What's in the San Mateo data?

There were 48 single-family homes for sale, providing 1.2 months of inventory. There were 66 new listings, and 40 homes sold at a median price of $2.3m. The median overbid percentage was at 110.9%, with an average of 10 days on the market.

There were 76 condo and townhome units for sale, providing 2 months of inventory. There were 44 new listings and 38 units sold at a median sale price of $1m. The median overbid percentage was at 103.7%, with an average of 15 days on the market.

New Listings

2 Months of Inventory

103.7%

Median Sale vs List

Condo

, y y STINGS Jan2024 Feb2024 Mar2024 Apr2024 Jan2024 Feb2024 Mar2024 Apr2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 9m last April 2023, to $2 3m as of April 2024

Condos & Townhomes

The median sale price has increased from $750k last April 2023, to $1m as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 33 days last April 2023, to 10 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 34 days in April 2023, to 15 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 101 4% last April 2023, to 110 9% a year later

Condos & Townhomes

The overbid percentage has increased from 100.2% last April 2023, to 103.7% a year later.

Back to Table of Contents $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024Apr2024 0 20 40 60 80 100 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 Apr2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024Apr2024

SouthSan Francisco

What's in the South San Francisco data?

There were 12 single-family homes for sale, providing 0.8 months of inventory. There were 23 new listings, and 16 homes sold at a median price of $1.4m. The median overbid percentage was at 110 2%, with an average of 7 days on the market

There were 15 condo and townhome units for sale, providing 2.1 months of inventory. There were 10 new listings and 7 units sold at a median sale price of $820k. The median overbid percentage was at 107.1%, with an average of 7 days on the market.

Single-Family Homes

23 New Listings

16 Sold Listings

0.8 Months of Inventory

$1.4M Median Sale Price

110.2%

Median Sale vs List

7 Avg Days on Market

SFH

Condo & Townhomes

New Listings

2.1

Months of Inventory

107.1%

Median Sale vs List

Sold Listings

$820K

Median Sale Price

7 Avg Days on Market 7

CONDO

y y

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has decreased from $866k last April 2023, to $820k as of April 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 11 days last April 2023, to 7 days as of April 2024

Condos & Townhomes

The average time spent on the market went down from 41 days in April 2023, to 7 days as of April 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 7% last April 2023, to 110 2% a year later

Condos & Townhomes

The overbid percentage has increased from 104.1% last April 2023, to 107.1% a year later.

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