San Mateo recent sale data and analysis 09/17/2008

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

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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s