A recent claim that San Mateo Townhouse prices were dropping was surprising because the townhouse cited as an example was a 4-bedroom unit. Studio and 1-bedroom condos do have low demand, but "family-sized" townhouses have generally had balanced demand with almost flat prices since 2019. From 2011 until about 2020, townhouse appreciation matched that of single-family … [Read more...] about San Mateo New Townhouse Prices
real estate market trends
Low DOM For Silicon Valley Houses
Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the change that began around 2012. The median days on market stays very low with only occasional bumps up. The average dom has been trending down over this period and thus the change is that fewer homes deviate from the median. View San … [Read more...] about Low DOM For Silicon Valley Houses
House Price Up But Price Per Sq.Ft. Down
The San Mateo City average house price rose in line with previous quarters, but the San Mateo City median house price spiked up. The details of San Mateo real estate show that in the third quarter, the average size of houses sold was up 10%. Examination of other San Mateo County cities revealed that eight other cities (Foster City, Los Altos Hills, Menlo Park, Millbrae, … [Read more...] about House Price Up But Price Per Sq.Ft. Down