The sales data for March is available on our web site at MorganHomes.com.
It's interesting to note the ten year median price trend and where we are in relation to the overall median price trend.
Note that the median in home price for San Mateo County is currently below where it should be in the ten-year appreciation trend. That means prices have dropped, but it also means that prices are below historical trend levels-in other words-now is a good point in the real estate cycle to buy a home.
Could values go down further? Perhaps. But if you have been waiting for an opportune time to purchase a home or an investments property such an opportunity currently exists which hasn't been seen for years. And as with most investments which catch on. Getting in sooner rather than later has its distinct monetary advantages.
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