Market condition in Bay Area – 8/20/2008
This mainly keeps track of the entry level SFR in selected cities
Inventory: min. 3 bedroom / 1 bath with 1000 sq ft and above
| max. price | Active | Pending | Inventory Level (months) |
|
| Belmont | < $1,000,000 |
18 |
7 |
1.93 |
| Burlingame | < $1,250,000 |
9 |
6 |
2.25 |
| Campbell | < $750,000 |
30 |
16 |
6.43 |
| Daly City | < $550,000 |
35 |
39 |
5.25 |
| East Palo Alto | < $360,000 |
33 |
31 |
6.60 |
| Foster City | < $1,000,000 |
7 |
4 |
1.91 |
| Los Gatos | < $1,000,000 |
21 |
6 |
3.50 |
| Millbrae | < $1,150,000 |
18 |
15 |
3.18 |
| Milpitas | < $550,000 |
57 |
38 |
11.40 |
| Mountain View | < $900,000 |
21 |
9 |
5.73 |
| Palo Alto | < $1,200,000 |
9 |
4 |
2.70 |
| Redwood City | < $600,000 |
23 |
6 |
9.86 |
| Redwood Shores | < $1,150,000 |
7 |
7 |
3.50 |
| San Carlos | < $1,200,000 |
17 |
17 |
1.55 |
| San Mateo | < $700,000 |
48 |
32 |
5.33 |
| San Jose | < $400,000 |
598 |
311 |
16.77 |
| Santa Clara | < $650,000 |
96 |
37 |
9.60 |
| South San Francisco | < $600,000 |
37 |
32 |
7.93 |
| Sunnyvale | < $750,000 |
62 |
47 |
7.44 |
