Market condition in Bay Area – 8/20/2008

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

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