Positive Sales Stats for San Mateo County just released
Check out these stats below -- all positive signs in a market that was never hit that hard to begin with compared to a vast majority of the country.
"The median home price for a single family home in San Mateo County increased from $725,000 in April to $825,000 in May 2011, a 13% increase, according to sales statistics supplied by MLS. In comparison, the median price of a home was $750,000 in May 2010, a 10% increase year over year. The median County price has continued to increase month over month since January. The price has jumped 40% from $587,500 in January 2011". -- From SAMCAR's July 2011 newsletter
With such an increase in median home prices across the peninsula, I think again to why -- we have an incredible community, a high quality of life, robust job growth, incredible weather, and a rich culture that continues to draw homebuyers to the peninsula, from Burlingame and Hillsborough, to San Carlos and Redwood City.
This article is copyrighted by Raziel Ungar and may not be reproduced or copied without express written permission.
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