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

One response to “Market condition in Bay Area – 9/16/2008

  1. Please update quick sale REO property in San Jose area 95122. Thanks

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