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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