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Save with a Staycation

by Ashley Gartland

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California Mission

by Maresa Giovannini

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Farmhouse Chic

by Blake Miller

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January 2012 - May 2013 San Mateo County Statistics

by Samia S. Morgan

Housing Market Update

San Mateo County Statistics

As you have heard in the media, our market is hot.... Here are some interesting statistics for San Mateo County.

Our Average sales price in San Mateo County has now surpassed $1,200M!!!   Our Days on the market in the last twelve months have peaked in November of 2012 and are now just a bit over 20 days... now that takes into account bank owned and short sales which will tend to take that average higher.   So the bottom line is we are back in a hot and heavy Seller's market!  Buyers are very well informed and you still need to price your home well to take advantage of the upbid process!

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Also below are more statistics for San Mateo County:

The average $/square foot in San Mateo County has gone from approximately $500/sq. ft in 2012 to over $600/sq. ft. in the most recent months.  This is a VERY significant change.  You can cal so see how the Sale Price to List Price ratio has skyrocketed over the noted period.  All good news for Sellers... not so great for Buyers.... however, as I have been known to say, Buyers don't typically buy in a Buyer's market.... they feel comforted to know they are not the only ones taking the plunge.

A Love Affair with Barcelona

by Ruth Wertzberger Carlson

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Photo of Samia S. Morgan, Inc. Real Estate
Samia S. Morgan, Inc.
dba Samia Realty Group
BRE# 00967165
San Mateo CA 94403
650-678-3633