This mainly keeps track of the entry level SFR in San Mateo
Inventory: min. 3 bedroom / 1 bath with 1000 sq ft and above, under $700k
Sale data in the last 3 months in San Mateo as of 09/17/2008
| Month | no. of sale | min. price | max. price | avg. pr/sq ft |
|
Sep-07 |
2 |
$625,000 |
$690,000 |
$565.67 |
|
Oct-07 |
6 |
$570,000 |
$650,000 |
$536.55 |
|
Nov-07 |
5 |
$545,000 |
$680,000 |
$546.77 |
|
Dec-07 |
3 |
$588,000 |
$700,000 |
$491.11 |
|
Jan-08 |
4 |
$615,000 |
$690,000 |
$414.33 |
|
Feb-08 |
3 |
$548,500 |
$650,000 |
$417.93 |
|
Mar-08 |
14 |
$492,000 |
$700,000 |
$514.75 |
|
Apr-08 |
13 |
$450,000 |
$693,000 |
$463.70 |
|
May-08 |
12 |
$505,000 |
$675,000 |
$442.10 |
|
Jun-08 |
14 |
$458,000 |
$665,000 |
$461.74 |
The majority of the entry level inventory are located on the east side of 101. The number of sales has increated since March, 2008. The average price / sq ft value is trending down, the lowest sale price is fluctuating.
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