However, the price went down in both San Mateo County and San Francisco County in December (please see the second chart below).
Nonetheless, inventory is still tight, with inventory level around two months in Redwood City. (in a normal market, there is usually six to seven months of inventory).
|No. of listings||118|
|No. of REOs (real estate owned, by a bank, government agency, etc.)||5|
|No. of short sales||27|
|No. of regular sales||86|
|No. of new listings last week||15|
|No. of listings has price increase last week||1|
|No. of listings has price decrease last week||8|
|No. of listings become pending last week||13|
|No. of property sold last week||11|
|Inventory level||2.16 months|
(Regional and condo sales data not seasonally adjusted)
|Dec-11 Median Price of Existing Single-Family Homes Sales|
Homes sold this week (data source from MLS Listings Inc. and the San Mateo County Recorder's Office):
|Address||Closing Sale Price||Beds||Baths (F|P)||Estimated Square Footage|
|43 COVE LANE||$291,000||1||1|0||820|
|405 CORK HARBOUR CIRCLE,#F||$405,000||2||2|0||1,136|
|6 SAINT MARYS PLACE||$475,000||2||1|0||1,060|
|234 ORCHARD AVENUE||$550,000||1||1|0||500|
|104 INNER CIRCLE||$550,000||2||1|0||957|
|234 C STREET||$598,000||3||2|0||1,424|
|557 QUARTZ STREET||$641,000||2||1|0||1,070|
|952 JUNIPERO AVENUE||$679,800||3||2|0||1,280|
|170 CERRITO AVENUE||$775,000||3||2|0||1,782|
|460 KING STREET||$890,000||4||2|0||2,280|
|32 DOCKSIDE CIRCLE||$945,000||4||3|0||2,600|
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