The reports coming out are starting to paint a picture of how staying safer at home has impacted real estate sales along the SF Peninsula. Would it surprise you to know that houses are still being sold, though? With the establishment of many safety protocols, buyers and sellers can find each other in this market. Here is a glimpse of what happened last month in some of the cities where I specialize.
March Stats
* Atherton - 5 sales, 95% to list price, 128 average DOM
* Belmont - 8 sales, 105% to list price, 3 average DOM
* Burlingame - 15 sales, 104% to list price, 22 average DOM
* Foster City - 11 sales, 107% to list price, 20 average DOM
* Hillsborough - 10 sales, 99% to list price, 6 average DOM
* Menlo Park - 22 sales, 104% to list price, 18 average DOM
* Palo Alto - 20 sales, 106% to list price, 28 average DOM
* Redwood City - 43 sales, 104% to list price, 17 average DOM
* San Carlos - 21 sales, 103% to list price, 18 average DOM
* San Mateo - 47 sales, 110% to list price, 13 average DOM
* Woodside - 8 sales, 98% to list price, 33 average DOM
IMHO*: I’ve learned in the past 25 plus years of selling houses to take each bit of news as it comes. March will go down in history as an entirely new chapter for the real estate market along the SF Peninsula. Give me a call and let me help you with a strategy that is right for you. (*In My Humble Opinion – which I’m always happy to share.)
Nancy Palmer, CRS Broker Associate REALTOR® DRE #00525350 Compass | Woodside D 650.492.0200 | O 650.529.1111 www.NancyPalmer.com
