Newly Listed Homes Selling Quickly A greater percentage of listings are selling in San Mateo County and those that are selling are doing so very quickly. In the first three months of 2013, there were 183 listings that were expired or removed from the market. Not all of these listings represent a failure to find a buyer. Ma...
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Redwood City Seeing Some of the Highest Price Increases in the Peninsula Similar to other areas of the Peninsula, prices are rising sharply in the Redwood City real estate market. However, the rate of change in Redwood City is one of the highest we have seen with the data suggesting that prices are up 15%, if not 20%, in...
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Prices Are Rising In March 2012, our note for the Redwood City real estate market was 'Steady Prices'. However, we noted that the extraordinarily low level of inventory was an indicator leading to higher prices. We were already seeing some of the desirable homes received multiple offers above asking prices. Fast forward t...
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Clear Signs of Price Appreciation All signs point to recent price appreciation in the residential real estate markets in San Mateo County.  While some of the submarkets have been strong since the end of 2011, data for the whole county suggests that the general market turned upward in the spring of 2012.  In May 2012, the...
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Market Turns a Corner In the last few months there has been a noticeable change in the broader San Mateo County real estate market. The chart below really exemplifies what is occurring. The chart shows the ratio of the average sales price to list price. If the ratio is above 100%, then it means that on average, homes are s...
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It is 1958; 14 year old Bobby Fischer has just won the United States Chess Championship. The San Francisco Giants beat the Los Angeles Dodgers in the first Major League Baseball regular season game ever played in California.  Fidel Castro’s r...
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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 f...
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