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Blog Archives: August 2017

Peninsula Real Estate Market Update – August 2017

August 18, 2017
  The San Mateo County single family homes median sales price hit an all-time high in July, up 5.1% from last month, ending up at $1,492,500. The continued tight supply coupled with strong demand saw overbids hit 107.6%, a drop of 2.2% from last month. Condos/townhomes eased off their all time high of $850,000 in May to $719,000 in July. They sold at a median overbid of 103.8%, down from June’s 105.6%. The number of new single family home listings coming on the market continued its downward trend in July. New listings were down 18.6% ...

San Francisco Real Estate Market Update – August 2017

August 16, 2017
July’s median sales price for single family in San Francisco followed its seasonal backing off of its May peak, dropping to $1,431,000 from May’s $1,500,838. Single family home inventory continues to be at its lowest level, 1.6 months, since last December, and its lowest July level in a decade. This continues to be caused by fewer homes coming on the market, while sales stay fairly constant. The number of new listings on the market in 2017 is down 10% from 2016 while the number of sales is up 1.4%. The incredibly tight supply coupled with ...

Napa Valley Real Estate Report August 2017

August 16, 2017
Napa’s single family home median sales price stayed above $700,000 for the fourth month this year, coming in at $721,000. This is down just slightly from June’s $722,000 and up 2.7% year-on-year. The big story (assuming the data from the MLS is correct) is that new listings were way down in July, to just 69. That’s down 40% from last July’s 115. Let’s hope it’s a data glitch, not further shrinking on the listing side. Year-to-date, new listings are down 13.8%. That compares with the number of year-to-date sales being down just 1.7%. The ...

Southern/Central Marin County Real Estate Report August 2017

August 16, 2017
Southern/Central Marin’s single family home median sales price took a further step back in July from April’s peak, following May and Jule’s decline, ending at $1,400,000. This is still up 7.8% above July, 2016. The big story (assuming the data from the MLS is correct) is that new listings were way down in July, to just 80. That’s down 47% from last July’s 152. Let’s hope it’s a data glitch, not further shrinking on the listing side. Year-to-date, new listings are down 11%. That compares with the number of year-to-date sales being down 4.2%....

Register Now: Hillwide Garage Sale Sat August 12th

August 01, 2017
Michael Minson
It’s that time of year again and the Hillwide Elves are making a list of who’s been splurging and who’s been purging! Get your garage groove on and join the neighborhood to raise money for the Bernal Heights Neighborhood Center (BHNC). Remember to share and be social with #Hillwide2017. A quick word from our Head Elf, Michael Minson: Hi Neighbors! I have led this effort every year for the past four years as a fun way to raise extra funds for the BHNC. With the HUD cutbacks at the Federal Government level, it’s more important than ever ...