Market report for Peninsula Estates area November 2023

November 2023

Copyright by KW Advisors 2023

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...

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Reasons To Sell Your House Before the New Year

As the year winds down, you may have decided it’s time to make a move and put your house on the market. But should you sell now or wait until January? While it may be tempting to hold off until after the holidays, here are three reasons to make your move before the new year.

Get One Step Ahead of Other Sellers Typically, in the residential real estate market, homeowners are less likely to list their houses toward the end of the year. That’s because people get busy around the holidays and sometimes deprioritize selling their house until the start of the new year when their schedules and social calendars calm down. But that gives you an opportunity to get one step ahead.

Selling now, while other homeowners may hold off until after the holidays, can help you get a leg up on your competition. Start the process with a real estate agent today so you can get your house on the market before your neighbors do.

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F FIVE Designer E Tips T Will dark cabinets make a kitchen too dark?

on making moody shades work

Five Designe Tips Keep the rest of your kitchen space light and bright

Kitchens with ample natural light are more suitable for dark cabinet colors. If your kitchen lacks this, don't avoid dark

Strike the right balance with lightning

Achieving balance in room design is essential, especially when combining strikingly colored cabinets with a mix of well-considered kitchen lighting.

Consider the size of your space

In a spacious, well-lit kitchen, dark cabinets add

Favor glass and reflective surfaces

Opt for glass-fronted cabinets and reflective finishes to

Adorn the space thoughtfully to lighten the finish

In Kitchens with bold cabinet finishes, decor plays a crucial

colors entirely. Instead, focus on adding light elements elsewhere.

sophistication and coziness without crowding the space. Yet, in a smaller kitchen, they can absorb light and create a cramped feel.

brighten up the space effectively.

role. Open shelving and glass cabinet doors to break the visual heaviness of dark cabinets and create contrast with lighter-colored items.

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

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Source : https://www.homesandgardens.com/kitchens/will-dark-cabinets-make-a-kitchen-feel-too-dark

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

There were 440 single-family homes for sale, providing 2.2 months of inventory. There were 247 new listings, and 196 homes sold at a median price of $1.6m. The median overbid percentage was at 108.1%, with an average of 22 days on the market.

There were 790 condo and townhome units for sale, providing 4.9 months of inventory. There were 262 new listings and 161 units sold at a median sale price of $1.1m. The median overbid percentage was at 99.8%, with an average of 45 days on the market.

SFH

Single-Family Homes

247

196

New Listings

Sold Listings

2.2

$1.6M

Months of Inventory

Median Sale Price

108.1% 22 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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

262

161

New Listings

Sold Listings

4.9

$1.1M

Months of Inventory

Median Sale Price

99.8%

45

Median Sale vs List

Avg Days on Market

San Francisco County OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

500

400

300

200

100

0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

1,000

800

600

400

200

0

Oct 2022 Nov 2022 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

Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has decreased from $1.66m last October 2022, to $1.65m as of October 2023.

$1,000,000

$500,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

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

AVG Days On the Market

80

60

Single-Family Homes The average time spent on the market went down from 27 days last October 2022, to 22 days as of October 2023.

40

20

Condos & Townhomes O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has decreased from 100.3% last October 2022, to 99.8% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 107.1% last October 2022, to 108.1% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went up from 43 days in October 2022, to 45 days as of October 2023.

120%

O ct 20 22

Overbids

Back to Table of Contents

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

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

There were 586 single-family homes for sale, providing 1.9 months of inventory. There were 386 new listings, and 302 homes sold at a median price of $1.9m. The median overbid percentage was at 103.3%, with an average of 22 days on the market.

There were 222 condo and townhome units for sale, providing 2.7 months of inventory. There were 101 new listings and 82 units sold at a median sale price of $910k. The median overbid percentage was at 100.5%, with an average of 40 days on the market.

SFH

Single-Family Homes

386

302

New Listings

Sold Listings

1.9

$1.9M

Months of Inventory

Median Sale Price

103.3% 22 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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

101

82

New Listings

Sold Listings

2.7

$910K

Months of Inventory

Median Sale Price

100.5%

40

Median Sale vs List

Avg Days on Market

San Mateo County OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

700 600 500 400 300 200 100 0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

250

200

150

100

50

0

Oct 2022 Nov 2022 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

Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.8m last October 2022, to $1.9m as of October 2023.

$1,000,000

$500,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $921k last October 2022, to $910k as of October 2023.

AVG Days On the Market

50

40

Single-Family Homes

30

The average time spent on the market went down from 28 days last October 2022, to 22 days as of October 2023.

20

10

Condos & Townhomes O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 99.6% last October 2022, to 100.5% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 100.4% last October 2022, to 103.3% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went up from 33 days in October 2022, to 40 days as of October 2023.

120%

O ct 20 22

Overbids

Back to Table of Contents

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

Belmont What's in the Belmont data?

There were 15 single-family homes for sale, providing 1.4 months of inventory. There were 17 new listings, and 11 homes sold at a median price of $2m. The median overbid percentage was at 102.7%, with an average of 20 days on the market.

There were 2 condo and townhome units for sale, providing 0.7 months of inventory. There was 1 new listing and 3 units sold at a median sale price of $1.2m. The median overbid percentage was at 100.2%, with an average of 12 days on the market.

SFH

Single-Family Homes

17

11

New Listings

Sold Listings

1.4

$2M

Months of Inventory

Median Sale Price

102.7% 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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

1

3

New Listing

Sold Listings

0.7

$1.2M

Months of Inventory

Median Sale Price

100.2%

12

Median Sale vs List

Avg Days on Market

Belmont OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

25

20

15

10

5

0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

6 5 4 3 2 1 0

Oct 2022 Nov 2022 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

Median Sales Price

$2,500,000

$2,000,000

Single-Family Homes The median sales price has decreased from $2.01m last October 2022, to $2m as of October 2023.

$1,500,000

$1,000,000

$500,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $1.3m last October 2022, to $1.2m as of October 2023.

AVG Days On the Market

75

50

Single-Family Homes The average time spent on the market remained the same with 20 days last October 2022, and October 2023.

25

Condos & Townhomes O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 97.5% last October 2022, to 100.2% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 100.9% last October 2022, to 102.7% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 26 days in October 2022, to 12 days as of October 2023.

120%

O ct 20 22

Overbids

Back to Table of Contents

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

Burlingame What's in the Burlingame data?

There were 26 single-family homes for sale, providing 2.2 months of inventory. There were 15 new listings, and 12 homes sold at a median price of $2.5m. The median overbid percentage was at 101.9%, with an average of 43 days on the market.

There were 5 condo and townhome units for sale, providing 5 months of inventory. There was 1 new listing and 1 unit sold at a median sale price of $750k. The median overbid percentage was at 102%, with an average of 27 days on the market.

SFH

Single-Family Homes

15

12

New Listings

Sold Listings

2.2

$2.5M

Months of Inventory

Median Sale Price

101.9% 43 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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

1

1

New Listing

Sold Listing

5

$750K

Months of Inventory

Median Sale Price

102%

27

Median Sale vs List

Avg Days on Market

Burlingame OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

40

30

20

10

0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

8

6

4

2

0

Oct 2022 Nov 2022 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

Median Sales Price

$3,000,000

Single-Family Homes The median sales price has decreased from $2.6m last October 2022, to $2.5m as of October 2023.

$2,000,000

$1,000,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $1.2m last October 2022, to $750k as of October 2023.

AVG Days On the Market

75

50

Single-Family Homes The average time spent on the market went up from 13 days last October 2022, to 43 days as of October 2023.

25

Condos & Townhomes O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 97.7% last October 2022, to 102% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 101.6% last October 2022, to 101.9% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went up from 23 days in October 2022, to 27 days as of October 2023.

120%

O ct 20 22

Overbids

Back to Table of Contents

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

Daly City What's in the Daly City data?

There were 31 single-family homes for sale, providing 1.1 months of inventory. There were 26 new listings, and 28 homes sold at a median price of $1.1m. The median overbid percentage was at 107.4%, with an average of 18 days on the market.

There were 22 condo and townhome units for sale, providing 5.5 months of inventory. There were 9 new listings and 4 units sold at a median sale price of $732k. The median overbid percentage was at 103.3%, with an average of 18 days on the market.

SFH

Single-Family Homes

26

28

New Listings

Sold Listings

1.1

$1.1M

Months of Inventory

Median Sale Price

107.4% 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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

9

4

New Listings

Sold Listings

5.5

$732K

Months of Inventory

Median Sale Price

103.3%

18

Median Sale vs List

Avg Days on Market

Daly City OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

80

60

40

20

0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

30 25 20 15 10 5 0

Oct 2022 Nov 2022 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

Median Sales Price

$1,250,000

$1,000,000

Single-Family Homes

$750,000

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

$500,000

$250,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $769k last October 2022, to $732k as of October 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 29 days last October 2022, to 18 days as of October 2023.

20

Condos & Townhomes O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 100.5% last October 2022, to 103.3% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 104.5% last October 2022, to 107.4% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 51 days in October 2022, to 18 days as of October 2023.

120%

O ct 20 22

Overbids

Back to Table of Contents

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

Foster City What's in the Foster City data?

There were 8 single-family homes for sale, providing 0.8 months of inventory. There were 11 new listings, and 10 homes sold at a median price of $2.3m. The median overbid percentage was at 109.7%, with an average of 10 days on the market.

There were 23 condo and townhome units for sale, providing 2.3 months of inventory. There were 13 new listings and 10 units sold at a median sale price of $1.4m. The median overbid percentage was at 101.5%, with an average of 24 days on the market.

SFH

Single-Family Homes

11

10

New Listings

Sold Listings

0.8

$2.3M

Months of Inventory

Median Sale Price

109.7% 10 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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

13

10

New Listings

Sold Listings

2.3

$1.4M

Months of Inventory

Median Sale Price

101.5%

24

Median Sale vs List

Avg Days on Market

Foster City OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

20

15

10

5

0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

30 25 20 15 10 5 0

Oct 2022 Nov 2022 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

Median Sales Price

$3,000,000

Single-Family Homes The median sales price has increased from $1.8m last October 2022, to $2.3m as of October 2023.

$2,000,000

$1,000,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $1.43m last October 2022, to $1.41m as of October 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 19 days last October 2022, to 10 days as of October 2023.

20

Condos & Townhomes O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 98.4% last October 2022, to 101.5% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 96.8% last October 2022, to 109.7% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 40 days in October 2022, to 24 days as of October 2023.

120%

O ct 20 22

Overbids

Back to Table of Contents

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

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

There were 25 single-family homes for sale, providing 6.3 months of inventory. There were 14 new listings, and 4 homes sold at a median price of $1.7m. The median overbid percentage was at 99.6%, with an average of 24 days on the market.

There were 3 condo and townhome units for sale, providing 0.8 months of inventory. There were 3 new listings and 4 units sold at a median sale price of $922k. The median overbid percentage was at 98.3%, with an average of 24 days on the market.

SFH

Single-Family Homes

14

4

New Listings

Sold Listings

6.3

$1.7M

Months of Inventory

Median Sale Price

99.6%

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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

3

4

New Listings

Sold Listings

0.8

$922K

Months of Inventory

Median Sale Price

98.3%

24

Median Sale vs List

Avg Days on Market

Half Moon Bay OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

25

20

15

10

5

0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

5

4

3

2

1

0

Oct 2022 Nov 2022 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

Median Sales Price

$3,000,000

Single-Family Homes The median sales price has increased from $1.4m last October 2022, to $1.7m as of October 2023.

$2,000,000

$1,000,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has increased from $875k last October 2022, to $922k as of October 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 31 days last October 2022, to 24 days as of October 2023.

20

Condos & Townhomes O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has decreased from 100.3% last October 2022, to 98.3% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has decreased from 100.4% last October 2022, to 99.6% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 36 days in October 2022, to 24 days as of October 2023.

120%

O ct 20 22

Overbids

Back to Table of Contents

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

Hillsborough What's in the Hillsborough data?

There were 40 single-family homes for sale, providing 6.7 months of inventory. There were 14 new listings, and 6 homes sold at a median price of $5.2m. The median overbid percentage was at 94.3%, with an average of 33 days on the market.

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

SFH

Single-Family Homes

14

6

New Listings

Sold Listings

6.7

$5.2M

Months of Inventory

Median Sale Price

94.3%

33

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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

No data for this month.

Hillsborough OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

40

30

20

10

0

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

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

100

80

60

40

No data to display

20

0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

Median Sales Price

$7,500,000

Single-Family Homes The median sales price has increased from $4.5m last October 2022, to $5.2m as of October 2023.

$5,000,000

$2,500,000

Condos & Townhomes O ct 20 23

20 23

Se p

Au g

20 23

Ju l2 02 3

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

M ar 20 23

20 23

Fe b

20 23 Ja n

De c

20 22

N ov

O ct 20 22

20 22

$0

No data for this month.

AVG Days On the Market

125

100

Single-Family Homes

75

The average time spent on the market went down from 46 days last October 2022, to 33 days as of October 2023.

50

25

Condos & Townhomes 0

Overbids Single-Family Homes The overbid percentage has decreased from 102.7% last October 2022, to 94.3% a year later.

Condos & Townhomes No data for this month.

Se p

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

Ja n

20 23

20 22 De c

20 22 N ov

O ct 20 22

No data for this month.

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

Back to Table of Contents

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

20 22

De c

20 22

N ov

O ct 20 22

0%

Millbrae What's in the Millbrae data?

There were 11 single-family homes for sale, providing 1.1 months of inventory. There were 9 new listings, and 10 homes sold at a median price of $2.3m. The median overbid percentage was at 108.4%, with an average of 19 days on the market.

There were 5 condo and townhome units for sale, providing 5 months of inventory. There were 4 new listings and 1 unit sold at a median sale price of $739k. The median overbid percentage was at 100%, with an average of 2 days on the market.

SFH

Single-Family Homes

9

10

New Listings

Sold Listings

1.1

$2.3M

Months of Inventory

Median Sale Price

108.4% 19 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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

4

1

New Listings

Sold Listing

5

$739K

Months of Inventory

Median Sale Price

100%

2

Median Sale vs List

Avg Days on Market

Millbrae OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

20

15

10

5

0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

6 5 4 3 2 1 0

Oct 2022 Nov 2022 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

Median Sales Price

$2,500,000

$2,000,000

Single-Family Homes The median sales price has increased from $2.1m last October 2022, to $2.3m as of October 2023.

$1,500,000

$1,000,000

$500,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $1.1m last October 2022, to $739k as of October 2023.

AVG Days On the Market

80

60

Single-Family Homes The average time spent on the market went down from 28 days last October 2022, to 19 days as of October 2023.

40

20

Condos & Townhomes O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 93% last October 2022, to 100% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 99.4% last October 2022, to 108.4% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 46 days in October 2022, to 2 days as of October 2023.

120%

O ct 20 22

Overbids

Back to Table of Contents

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

Pacifica What's in the Pacifica data?

There were 29 single-family homes for sale, providing 1.5 months of inventory. There were 18 new listings, and 20 homes sold at a median price of $1.2m. The median overbid percentage was at 101.7%, with an average of 26 days on the market.

There were 13 condo and townhome units for sale, providing 4.3 months of inventory. There were 4 new listings and 3 units sold at a median sale price of $970k. The median overbid percentage was at 98.4%, with an average of 59 days on the market.

SFH

Single-Family Homes

18

20

New Listings

Sold Listings

1.5

$1.2M

Months of Inventory

Median Sale Price

101.7% 26 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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

4

3

New Listings

Sold Listings

4.3

$970K

Months of Inventory

Median Sale Price

98.4%

59

Median Sale vs List

Avg Days on Market

Pacifica OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

35 30 25 20 15 10 5 0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

20

15

10

5

0

Oct 2022 Nov 2022 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

Median Sales Price

$1,500,000

Single-Family Homes

$1,000,000

The median sales price has increased from $1.22m last October 2022, to $1.25m as of October 2023.

$500,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has increased from $822k last October 2022, to $970k as of October 2023.

AVG Days On the Market

200

150

Single-Family Homes The average time spent on the market went down from 34 days last October 2022, to 26 days as of October 2023.

100

50

Condos & Townhomes

Back to Table of Contents

O ct 20 23

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3

Ju n

20 23

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has decreased from 103% last October 2022, to 98.4% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 97.8% last October 2022, to 101.7% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went up from 25 days in October 2022, to 59 days as of October 2023.

120%

O ct 20 22

Overbids

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

San Bruno What's in the San Bruno data?

There were 21 single-family homes for sale, providing 1.1 months of inventory. There were 20 new listings, and 20 homes sold at a median price of $1.4m. The median overbid percentage was at 103.5%, with an average of 17 days on the market.

There were 19 condo and townhome units for sale, providing 2.4 months of inventory. There were 10 new listings and 8 units sold at a median sale price of $525k. The median overbid percentage was at 101%, with an average of 26 days on the market.

SFH

Single-Family Homes

20

20

New Listings

Sold Listings

1.1

$1.4M

Months of Inventory

Median Sale Price

103.5% 17 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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

10

8

New Listings

Sold Listings

2.4

$525K

Months of Inventory

Median Sale Price

101%

26

Median Sale vs List

Avg Days on Market

San Bruno OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

30 25 20 15 10 5 0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

20

15

10

5

0

Oct 2022 Nov 2022 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

Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.3m last October 2022, to $1.4m as of October 2023.

$1,000,000

$500,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has increased from $510k last October 2022, to $525k as of October 2023.

AVG Days On the Market

125

100

Single-Family Homes

75

The average time spent on the market went up from 16 days last October 2022, to 17 days as of October 2023.

50

25

Condos & Townhomes O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 100.4% last October 2022, to 101% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has decreased from 105.1% last October 2022, to 103.5% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 29 days in October 2022, to 26 days as of October 2023.

120%

O ct 20 22

Overbids

Back to Table of Contents

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

San Carlos What's in the San Carlos data?

There were 24 single-family homes for sale, providing 0.9 months of inventory. There were 11 new listings, and 27 homes sold at a median price of $2.3m. The median overbid percentage was at 103.5%, with an average of 16 days on the market.

There were 14 condo and townhome units for sale, providing 3.5 months of inventory. There were 4 new listings and 4 units sold at a median sale price of $1.2m. The median overbid percentage was at 103.1%, with an average of 14 days on the market.

SFH

Single-Family Homes

11

27

New Listings

Sold Listings

0.9

$2.3M

Months of Inventory

Median Sale Price

103.5% 16 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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

4

4

New Listings

Sold Listings

3.5

$1.2M

Months of Inventory

Median Sale Price

103.1%

14

Median Sale vs List

Avg Days on Market

San Carlos OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

40

30

20

10

0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

25

20

15

10

5

0

Oct 2022 Nov 2022 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

Median Sales Price

$2,500,000

$2,000,000

Single-Family Homes The median sales price has increased from $2.1m last October 2022, to $2.3m as of October 2023.

$1,500,000

$1,000,000

$500,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

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

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 34 days last October 2022, to 16 days as of October 2023.

20

Condos & Townhomes O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 100.6% last October 2022, to 103.1% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 96.1% last October 2022, to 103.5% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went down from 40 days in October 2022, to 14 days as of October 2023.

120%

O ct 20 22

Overbids

Back to Table of Contents

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

San Mateo What's in the San Mateo data?

There were 61 single-family homes for sale, providing 1.4 months of inventory. There were 58 new listings, and 44 homes sold at a median price of $2m. The median overbid percentage was at 103%, with an average of 19 days on the market.

There were 62 condo and townhome units for sale, providing 3.3 months of inventory. There were 21 new listings and 19 units sold at a median sale price of $895k. The median overbid percentage was at 100.8%, with an average of 77 days on the market.

SFH

Single-Family Homes

58

44

New Listings

Sold Listings

1.4

$2M

Months of Inventory

Median Sale Price

103%

19

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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

21

19

New Listings

Sold Listings

3.3

$895K

Months of Inventory

Median Sale Price

100.8%

77

Median Sale vs List

Avg Days on Market

San Mateo OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

80

60

40

20

0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

100

80

60

40

20

0

Oct 2022 Nov 2022 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

Median Sales Price

$2,500,000

$2,000,000

Single-Family Homes The median sales price has increased from $1.8m last October 2022, to $2m as of October 2023.

$1,500,000

$1,000,000

$500,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $950k last October 2022, to $895k as of October 2023.

AVG Days On the Market

80

60

Single-Family Homes The average time spent on the market went down from 23 days last October 2022, to 19 days as of October 2023.

40

20

Condos & Townhomes O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has increased from 98.5% last October 2022, to 100.8% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 101% last October 2022, to 103% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market went up from 30 days in October 2022, to 77 days as of October 2023.

120%

O ct 20 22

Overbids

Back to Table of Contents

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

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

There were 23 single-family homes for sale, providing 1.4 months of inventory. There were 22 new listings, and 16 homes sold at a median price of $1.3m. The median overbid percentage was at 104.5%, with an average of 19 days on the market.

There were 12 condo and townhome units for sale, providing 1.7 months of inventory. There were 9 new listings and 7 units sold at a median sale price of $825k. The median overbid percentage was at 99%, with an average of 25 days on the market.

SFH

Single-Family Homes

22

16

New Listings

Sold Listings

1.4

$1.3M

Months of Inventory

Median Sale Price

104.5% 19 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 October 2022 to October 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

9

7

New Listings

Sold Listings

1.7

$825K

Months of Inventory

Median Sale Price

99%

25

Median Sale vs List

Avg Days on Market

South San Francisco OCTOBER 2022 - OCTOBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

30 25 20 15 10 5 0

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

Jul 2023 Aug 2023 Sep 2023 Oct 2023

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

20

15

10

5

0

Oct 2022 Nov 2022 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

Median Sales Price

$1,500,000

Single-Family Homes

$1,000,000

The median sales price has increased from $1.32m last October 2022, to $1.36m as of October 2023.

$500,000

Condos & Townhomes O ct 20 23

Se p

20 23

20 23

Au g

Ju l2 02 3

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

20 23

M ar 20 23

Ja n

Fe b

20 23

20 22

De c

N ov

O ct 20 22

20 22

$0

The median sales price has decreased from $829k last October 2022, to $825k as of October 2023.

AVG Days On the Market

75

50

Single-Family Homes The average time spent on the market went down from 25 days last October 2022, to 19 days as of October 2023.

25

Condos & Townhomes O ct 20 23

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

20 22

40% 20%

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

20 23

Fe b

Ap r2 02 3

0% Ja n

The overbid percentage has decreased from 100.5% last October 2022, to 99% a year later.

60%

De c

Condos & Townhomes

80%

20 22

The overbid percentage has increased from 104% last October 2022, to 104.5% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market remained the same with 25 days in October 2022, and October 2023.

120%

O ct 20 22

Overbids

Back to Table of Contents

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

0

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

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