Page 16

San Mateo County Single-Family Homes The Mid-Peninsula’s $1.66 million average home sale was the second-highest in market history, and a 6 percent gain from the previous year. The 1,104 homes sold in San Mateo County was up 9 percent year-over-year. The average 30 DOM represented just a slightly slower pace for the region than what we’ve seen in previous quarters. Similar to San Francisco’s single-family home market, the Mid-Peninsula’s strong figures this quarter can be attributed in part to pentup demand leading up to the November elections, and the windfall of high-priced homes that finally moved once economic forecasts regained stability.

SAN MATEO COUNTY Average Sales Price

Days on Market

Average Price Per Sq. Ft.

Q4 2016

$1,659,790

30

$816

change

2%

16%

0%

Q3 2016

$1,632,925

26

$812

Q4 2016

$1,659,790

30

$816

change

6%

9%

6%

Q4 2015

$1,566,044

28

$771

* Data is sourced from the San Francisco Multiple Listing Service, the East Bay Region District Listing Service, Bay Area Real Estate Information Services, and MLS Listings (MLS). MLS data is provided by individual listing brokerages. These are sources we deem reliable. We have no reason to doubt their accuracy, but we do not guarantee them. Past performance does not guarantee future performance

Page 16 | McGuire Real Estate Quarterly Report - 4th Quarter 2016

Profile for McGuire Real Estate

McGuire Real Estate Quarterly Report | Fourth Quarter 2016  

McGuire's Quarterly Report for the San Francisco Bay Area Market for the 4th Quarter of 2016 featuring details on the state of the market in...

McGuire Real Estate Quarterly Report | Fourth Quarter 2016  

McGuire's Quarterly Report for the San Francisco Bay Area Market for the 4th Quarter of 2016 featuring details on the state of the market in...