San Mateo County Home Prices, Market Conditions March 2023Even with the striking improvement in demand over late 2022, most year-over-year indicators remain depressed, but these comparisons are with the severely overheated conditions prevailing at the peak of a 10-year housing market upcycle. Read More
San Mateo County Home Prices, Market Conditions February 2023In the 11-county, greater Bay Area, accepted-offer activity in December 2022 and closed sales volume in January 2023 generally hit their lowest monthly points in 14 to 15 years. (SF hit lower points in listings… Read More
San Mateo County Home Prices, Market Conditions January 2023Some buyers are making the best deals in years. For sellers, pricing, preparation and marketing are now critical, while buyers shouldn’t hesitate to negotiate aggressively, especially on homes with longer days-on-market. Read More
San Mateo County Home Prices, Market Conditions December 2022The changes in market dynamics that began in late spring/early summer 2022 generally continued in autumn due to the ongoing economic headwinds, including high inflation and interest rates, reduced consumer confidence, and volatile stock markets,… Read More
San Mateo County Home Prices, Market Conditions November 2022After a brief rebound in market activity in August, pursuant to what turned out to be a very temporary decline in interest rates and an associated rebound in financial markets, macroeconomic conditions shifted again –… Read More
San Mateo County Home Prices, Market Conditions October 2022Though sales continues in every month of the year, listing and sale activity drops dramatically as we near Thanksgiving. Slower markets can offer opportunities to buyers, but the selection of homes for sale usually tumbles.… Read More
San Mateo County Home Prices, Market Conditions September 2022In early August, we mentioned agents reporting that buyer activity – renewed interest in getting back into the market, visits to open houses, and so on – was picking up due to a number of… Read More
San Mateo County Home Prices, Market Conditions August 2022Mid-late summer is typically a slow period compared to the spring selling season. Autumn often sees a significant spike in new listings and sales prior to the big mid-winter slowdown. (more…) Read More
San Mateo County Home Prices, Market Conditions July 2022An overheated market cooling or normalizing, slowing from an unsustainable rate of acceleration, does not necessarily imply a weak market by historical standards, even if the speed and scale of the change is startling. This… Read More