Sellers Market with few Homes for Sale – PACIFICA, CALIFORNIA, San Mateo County
Statistic remain consistent another week With the current number of Active Listings divided by the average number of homes sold YTD, there is a little more than 1 month of inventory of Active listings.
Active Listings-45 Single Family Homes. 12 listed at $998,000 or higher and 18 listed under $600,000. 7 new listings this week with prices ranging from $449,000 to $849,000.
Pending Sales-59 Single Family Homes with 2 listed over $900,000 and 49 listed under $600,000.
1 Property went Sale Pending this week that was listed at $499,000. This is the slowest week for pendings since the begining of the year
115 Closed Sales since January 1, 2009 with 5 that were listed for over 1 Million. 79 sales were from homes listed at $600,000 or less.
7 Homes Closed this week with only one sale that was listed over 1 Million.
Still a Buyers Market – HALF MOON BAY through MONTARA, CALIFORNIA, San Mateo County
Active Listings continue to stay at the same level week over week. Still, around half of the listings are listed at over 1 Million and 15% at $600,000 or less. 8 of those 20 listings are located at Martins Beach which seems to be trying to get whatever sales they can before the land lease expires in the next couple of years.
Of the 6 new Pending Sales this week, 3 were listed at $999,000 plus. This is a big spike for pendings in the upper price range.
Year to Date Sales are most prevalant at $700,000 or less with 21 of 49 that have closed. The high end is showing 7 closing over 1 Million and 7 closing between $900,000 and $1 Million. The Market is still favoring Buyers.
Active Listings146 Single Family Homes
10 New Listings this week with 3 over 1 Million. Active listings continue to keep steady.
Pending Sales-27 Single Family Homes with 7 listed for over $999,000 and 12 under $600,000.
3 Properties went Sale Pending this week. List prices were varied once again this week for the third week in a row with no price range being dominant.
49 Homes Closed since January 1, 2009 with only 7 that closed over $1,000,000, 7 listed between $900,000-1 Million and 21 listed at $700,000 or less.
3 Homes Closed this week with list prices of $299,000, $899,000 and $999,000
69 Active Listings are listed at over $1,000,000.