Market condition in Bay Area – 10/19/2008

Market condition in Bay Area – 10/19/2008

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	25	10	4.15
Burlingame	< $1,250,000	9	5	4.50
Campbell	< $750,000	40	9	10.00
Daly City	< $550,000	63	50	7.56
East Palo Alto	< $360,000	24	43	4.00
Foster City	< $1,000,000	9	4	5.40
Los Gatos	< $1,000,000	28	7	10.50
Millbrae	< $1,150,000	55	43	7.86
Milpitas	< $550,000	24	13	5.54
Mountain View	< $900,000	17	9	4.64
Pacifica	< $580,000	19	14	3.56
Palo Alto	< $1,200,000	10	3	3.00
Redwood City	< $600,000	24	8	36.00
Redwood Shores	< $1,150,000	5	0	1.67
San Carlos	< $1,200,000	19	17	2.28
San Mateo	< $700,000	51	30	6.65
San Jose	< $400,000	611	403	10.18
Santa Clara	< $650,000	92	48	7.89
South San Francisco	< $600,000	39	26	4.50
Sunnyvale	< $750,000	69	27	6.68

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