I thought I’d share some interesting data we ran for each of the towns I cover on the north peninsula. The data includes the median home price, number of sales, the lowest and highest closed sales, and the percentage of list price received, for real estate in Burlingame, Hillsborough, San Mateo, San Carlos, Belmont, Foster…..
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There is nothing quite like the feeling of being one with the forces of nature. Sailing allows you to control your fate as you become master of your own destiny. Sailing can also take you to a tranquil place; it’s the perfect antidote for the demands of modern society. Spinnaker Sailing is an American…..
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Sales Up in 2012 The Redwood City real estate market has had a hot start to the year, in terms of the number of transactions. Through the first three months of 2012, there have been 128 homes sold, up from 100 in the same period last year. At the same time that sales are up 28…..
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Inventory Plummets The inventory of for-sale homes has a normal seasonal pattern, reaching a peak in the summer and a trough at the end of the year. In each of the nine years from 2004 to 2011, inventory rose in the first quarter of the year (see columns in black). 2012 has been quite different……
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Sales Activity Continues to Climb Since reaching a nadir in 2008, the number of homes sold in San Mateo County increased in each of the next three years. Through the first two months of 2012, sales are again ahead of the prior year pace. There have been 519 homes sold so far this year, versus…..
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There were mixed signals in the San Mateo County real estate market in 2011, but overall, there was evidence of further recovery from the depths of 2008 and 2009. One of the strongest signs was the number of transactions. There were 4,633 homes sold in 2011, up 5% from 2010 and 13% from 2009. It…..
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The Redwood City real estate market continues to generally remain stable. There were 45 homes sold in September 2011, which is not an atypical total for the month. Through the first nine months of the year, there have been 401 homes sold, up two percent from the same period last year. Sales this year have been pretty…..
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