market activity: San Francisco's real estate market is opening up
- 05/29/20 01:33 PM
In January and February, before the Shelter-in-Place became our way of life in San Francisco, I met a number of potential buyers and sellers.
I hope you all are healthy, the #1 priority.
Much has changed in our lives since the beginning of 2020. How is your residence working out for you during these months of working from home, remote schooling, and the general disruption to routines? Has a yard or outdoor space become more important? Do you need home office space? A better functioning kitchen or a great room for family activities?
The real estate market is starting to open up. Homes … (18 comments)
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market activity: Belmont California-what's the housing market doing?
- 10/16/19 08:25 PM
Belmont California is a community in San Mateo County, located between San Francisco and the Silicon Valley. Great schools, fabulous weather, recreational opportunities in abundance all help make Belmont a desirable place to call home.
Let's take a quick look at the real estate market. As of this morning there were 32 active listings on the multiple listing service, 22 single family homes, and 10 condos/townhouses.
List prices of the single family homes range from $1,395,000 to $3,600,000, with a median price of $1,974,000. Condos/townhouses range in price from $648,000 to $1,299,000, with $990,000 the median.
The following charts give historical data, up … (12 comments)
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market activity: San Francisco real estate inventory, sales by District and more
- 08/28/19 08:30 PM
Home sales in San Francisco - a detailed look at Q1 and Q2, current inventory, and expected in Q3 and @Q4
Compact San Francisco, bordered by water on 3 sides (the pale blue in the first photo) is divided into 10 real estate districts. Each district behaves differently in the market, both in price and "hotness" AKA days on market. Other factors beside location play into pricing, with tenant occupied properties causing the greatest drop in sale price.
Per SocketSite the number of homes listed for sale in San Francisco is roughly 530, 4% fewer than at the same time last year. Homes listed at … (17 comments)
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market activity: Real Estate Report - Silicon Valley and San Mateo County
- 01/26/17 03:34 PM
As we near the end of January, there's not much more inventory in San Mateo County and the Silicon Valley than there was at the lowest point of the year, right before the December holidays.
Take a look at the chart for examples of active inventory in various towns as of 1/19/17:
I've been out on several pre-listing appointments this week, and finding comparable sales has been a struggle; in most cases I need to go back at least 6 months in order to get just 4 or 5 comps.
Take a look at San Carlos, for example. This is a city with a … (12 comments)
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market activity: How's the Market in Belmont, CA 94002?
- 05/22/15 01:32 AM
"How's the market" is a question I hear a lot, so let's take a look at what's going on in Belmont, a city with roughly 26,700 residents:
As of Thursday, on our Multiple Listing Service we had:
Single Family Homes:
5 Active listings, with a median list price of $1,488,000 18 Pending sales 26 Closed sales in the last 30 days, 25 of which sold for over asking Condos/Townhouses:
0 Active listings 3 Pending sales 4 Closed sales in the last 30 days; 3 sold over asking; 1 at asking
We're definitely in a strong sellers' market, … (3 comments)
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market activity: What's the condo market like in Silicon Valley?
- 01/26/15 11:17 PM
"Are condos selling in our area [the Silicon Valley towns in California]? What's the market like?"
Questions I hear often, so let's take a look:
The above chart shows selected towns on the Peninsula and activity in 2014. All markets performed extremely well - prices high, days on market short.
Yesterday we looked at the first four towns to see what was happening these first few weeks of 2015.
Now let's look at Menlo Park, Palo Alto, Mountain View and Sunnyvale, some of the towns in the heart of the Silicon Valley. Here's what we see today in the … (6 comments)
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market activity: Roller Coaster Ride--Wild Giant Dipper or Tame Kiddie Ride?
- 10/11/12 03:46 PM
RealEstate.com recently published an interesting article called, Riding the Trillion-Dollar Real Estate Recovery Roller Coaster. It's a great chronicle of the recent ups and downs in the real estate market, with charts and graphics to make your head spin and stomach lurch as the wildest of roller coasters will do.But, as we're always reminding people, real estate is local. National trends are interesting; State trends also; County trends give us an inkling of what the market is like. But LOCAL information is what one really needs to know and understand to make reasoned decisions when it comes to buying or selling … (4 comments)
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market activity: Any signs of recovery in the Fallbrook area?
- 07/11/08 12:45 AM
What's going on in Fallbrook these days? Any pick up in activity there? My client here in San Mateo County has a property she tried to sell for a year before leasing it out. Lease will be up in a handful of months, and I'm trying to get a sense of the current market. House is in the mid- to high-$700,000's. Comments will be appreciated.
… (0 comments)
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In January and February, before the Shelter-in-Place became our way of life in San Francisco, I met a number of potential buyers and sellers. 
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