These trends at a glance for San Mateo County real estate include plenty of clear cut tables and informative graphs. The first gives you a summary of the latest trends in 4th quarter, 2017. Also, a Market Barometer graph breaks down the sellers and buyers markets. Read on for the details on prices and sales. In fact, you find much more, including some great advice on holiday home buying activity.
Trends At a Glance for San Mateo County Real Estate
|Trends At a Glance||Nov 2017||Previous Month||Year-over-Year|
|Median Price||$1,500,000 (-0.7%)||$1,510,000||$1,216,750 (+23.3%)|
|Average Price||$1,847,310 (+5.4%)||$1,752,210||$1,540,260 (+19.9%)|
|No. of Sales||370 (+3.6%)||357||372 (-0.5%)|
|Pending||308 (-19.8%)||384||340 (-9.4%)|
|Active||267 (-24.1%)||352||430 (-37.9%)|
|Sale vs. List Price||108.4% (-1.5%)||110.0%||103.8% (+4.4%)|
|Days on Market||21 (+28.5%)||16||27 (-21.8%)|
|Days of Inventory||21 (-29.3%)||30||34 (-37.6%)|
You can find out more in the full report, courtesy of Carmen Miranda. It’s got all the trends at a glance for San Mateo County real estate. In fact, it even includes a sales-year-to-date break down and some clear indicators for holiday season real estate.
Prices and Sales
Days of Inventory
Sale Price/List Price Ratio
In the market overview, you’ll discover revealing info on condo market activities. Also, you’ll find great tips and advice. For example, did you know the holidays can be one of the best times to buy a home? It’s true, since some situations dictate real advantages for home buyers. These can often take form in motivated sellers. In fact, there may also be distinct tax advantages.
Benefits to buyers don’t just stop with home seller motivation. They include more motivated service providers. In fact, December amounts to a slow month in the year for most. As a result, your access to movers, inspectors, mortgage brokers, and so on improves by leaps and bounds. That said, the same holds true for many real estate agents. With less clients to serve, they should jump at the chance to help you through to closing before the year’s end.
For more details on trends at a glance for San Mateo County real estate and 5 Star, professional assistance with any home buying or selling need, give Carmen Miranda a call.