Andrew La Mont

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San Mateo County

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Trends At A Glance Aug 2014 Previous Month Year-over Year
Median Home Price -11.5%$1,000,000 $1,130,000 +6.4%$939,444
Average Sales Price -2.6%$1,327,030 $1,362,200 +12.8%$1,176,120
No. of Homes Sold -10.1%420 467 -13.6%486
Pending Properties +1.7%292 287 -35.5%453
Foreclosures Sold -80.0%1 5 -83.3%6
Short Sales Sold -50.0%1 2 -90.9%11
Active Listings -11.0%476 535 -38.3%771
Active Foreclosures -11.1%8 9 -55.6%18
Active Short Sales -100.0%0 2 -100.0%68
Sales Price vs. List Price -0.8%104.8% 105.7% -0.4%105.3%
Average Days on Market +13.8%29 25 +6.2%27

Market MomentumEnlarge Graph

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Market Report Commentary

Home Prices Take a Breather

After reaching an all-time high in July, the median price for single-family, resale homes in San Mateo County fell to its lowest level since April. Nevertheless, the median price was still up year-over-year...

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Mortgage Rate Outlook

Balancing Act For Mortgage Rates August 29, 2014 -- Summer came to an unofficial end on Monday, closing a spring and summer "housing season" which has been mixed at best. You can't blame the present modest levels of...

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Foreclosure Statistics

Notices of default, the first step in the foreclosure process, in San Mateo County fell 10.5% in July from June. Year-over-year, notices were off 36.3%. Notices of sale, which set the date and time of an auction, and...

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San Mateo County Stats At A Glance

Year-Over-Year Median home prices increased by 6.4% year-over-year to $1,000,000 from $939,444. The average home sales price rose by 12.8% year-over-year to $1,327,030 from $1,176,120. Home sales fell by 13.6%...

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Prices & SalesEnlarge Graph

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Sales BreakdownEnlarge Graph

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Days of InventoryEnlarge Graph

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Sales To DateEnlarge Graph

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Sale Price RatioEnlarge Graph

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