San Mateo County Home Prices & Market Conditions April 2022

Low Inventory does not necessarily mean fewer homes are being put up for sale. Indeed, sales volumes hit multi-year highs in 2021, fed by an increase in new listings. But ”inventory” is measured by what is for sale on a given day, and even if the quantity of new listings is steady or climbing, the number of active listings can drop if they are selling more quickly.