Market condition in Bay Area – 11/18/2008

Market condition in Bay Area – 10/19/2008

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	28	9	3.86
Burlingame	< $1,250,000	9	6	3.86
Campbell	< $750,000	34	15	17.00
Daly City	< $550,000	62	44	5.31
East Palo Alto	< $360,000	30	41	5.63
Foster City	< $1,000,000	5	3	2.14
Los Gatos	< $1,000,000	31	7	9.30
Millbrae	< $1,150,000	15	8	4.50
Milpitas	< $550,000	70	38	11.05
Mountain View	< $900,000	18	6	4.50
Pacifica	< $580,000	21	11	4.20
Palo Alto	< $1,200,000	8	10	3.00
Redwood City	< $600,000	28	8	12.00
Redwood Shores	< $1,150,000	7	1	7.00
San Carlos	< $1,200,000	25	11	3.13
San Mateo	< $700,000	51	32	5.88
San Jose	< $400,000	639	431	9.54
Santa Clara	< $650,000	84	45	5.73
South San Francisco	< $600,000	45	25	6.14
Sunnyvale	< $750,000	71	33	7.89