Market condition in Bay Area – 9/16/2008

Market condition in Bay Area – 9/16/2008

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	9	3.18
Burlingame	< $1,250,000	6	6	1.64
Campbell	< $750,000	28	38	4.94
Daly City	< $550,000	54	41	3.52
East Palo Alto	< $360,000	32	37	5.05
Foster City	< $1,000,000	5	6	3.75
Los Gatos	< $1,000,000	21	7	9.00
Millbrae	< $1,150,000	25	10	5.00
Milpitas	< $550,000	61	39	9.63
Mountain View	< $900,000	17	11	4.25
Pacifica	< $580,000	13	21	3.90
Palo Alto	< $1,200,000	8	6	4.80
Redwood City	< $600,000	25	6	10.71
Redwood Shores	< $1,150,000	3	4	0.82
San Carlos	< $1,200,000	23	18	2.38
San Mateo	< $700,000	45	33	6.75
San Jose	< $400,000	611	359	13.68
Santa Clara	< $650,000	89	48	8.61
South San Francisco	< $600,000	32	30	5.33
Sunnyvale	< $750,000	60	47	7.20

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