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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