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December 4, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions
Reported by JACK HEFFERNAN BROKER/OWNER


Belmont, California
as of 10/18/2008:
Belmont is a very family friendlly city becoming more attractive for 2008.It is definitelyly more of a buyers mkt.The 2nd qtr.ended with 40 closings.Avg. DOM was 51 .The avg.sale prices was $956,731.The median sales price was $934,000.The... MORE->

Burlingame, California
as of 10/18/2008:
. Although the City of Burlingame is more expensive when compared to most of the surrounding cities, it is well worth it. This city is not only very friendly but it has an active community with good weather, excellent air quality, and... MORE->

Foster City, California
as of 10/18/2008:
The average price for homes in the 1nd. qtr.was $1,135,000 and the median price sold was $$1,100,000. There were 27 homes sold for a total volume of $30,642,000. The average number of days homes were on the market was 31.'Asking vs.Sale' price was... MORE->

Hillsborough, California
as of 10/18/2008:
The town of Hillsborough is known for its more expensive, large homes, exclusive neighborhoods and moves at a slower pace than other markets.$3,209,000 was the average home price in the 2nd.qtr.and the median price was $2850,000.The average DOM was... MORE->

Menlo Park, California
as of 10/18/2008:
. The average price for a home sold in the 1st. qtr.was $1,787,682 with a median price of $1,535,000.The average number of days on the Market was 38 with 55 closed escrows for a total of $98,323,456.M.P. maintains a good steady property... MORE->

Millbrae, California
as of 10/18/2008:
In the 2nd. qtr.the avg. sales price was$1,068,888 and a median price of $1,027,945.The total sales volume was $40,617,688.There are currently 52 homes for sale. 38 homes were sold with an avg. # of days on market before being sold was 32.The... MORE->

Palo Alto, California
as of 10/18/2008:
In the 2nd qtr. Palo Alto had a median sale price of $1,550,000 and an average sale price of $1,780,323The # of homes sold was 124.The avg.number of days on market was 26.Palo Alto continues to be one of the premier cities on the Peninsula.The... MORE->

Redwood Shores, California
as of 10/18/2008:
2nd. Qtr.had 27 closed sales.The median price for homes sold was $1,100.000 and the average sales price was $1,099,000.The average number of days a home was on the market before being sold was 27. The difference between 'Asking and Selling' prices... MORE->

San Carlos, California
as of 10/18/2008:
San Carlos has relatively affordable housing compared with many cities on the 'Peninsula'. During the 2nd. qtr.of '08 the average price of a home was $1,077,000 with a median price of $950,000.The total sales volume was... MORE->

San Mateo, California
as of 10/18/2008:
The San Mateo market place offers a tremendous amount of opportunity for buyers. Some homes here start in the $800,000's.In the 1st Qtr. the median price was $700,000 and the avg. was $960,086.There were 130 closed sales.The avg. # of DOM was 38... MORE->


For More Information:

Navigate: Top > California > Belmont


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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