October 2020 Peninsula/Silicon Valley Market Update

In Menlo Park, CA - AVERAGE DAYS ON MARKET for Single Family Houses in September was 28 days with the average sale price $3,241,029.00 (in August was $2,886,117.00). Price Received was the SAME as the asking price..
 
In Foster City, CA - AVERAGE DAYS ON MARKET for Single Family Houses in September was 24 days with the average sale price $1,905,324.00 (in August was $2,067,360.00). Price Received was 1% above the asking price..
 
In Belmont, CA - AVERAGE DAYS ON MARKET for Single Family Houses in September was only 19  days with the average sale price $1,981,259.00 (in August was $1,937,091.00). Price Received was 4% MORE than asking price.
 
In San Carlos, CA - AVERAGE DAYS ON MARKET for Single Family Houses in September was only 17 days with the average sale price $2,182,043.00 (in August was $2,236,747.00. Price Received was 4% above the asking price.
 
In San Mateo, CA - AVERAGE DAYS ON MARKET for Single Family Houses in September was only 20 days with the average sale price $1,781,586.00 (in August was $1,871,801.00). Price Received was 3% above the asking price.
 
In Burlingame, CA - AVERAGE DAYS ON MARKET for Single Family Houses in September was 25 days with the average sale price $2,909,842.00 (in August was $3,071,173.00). Price Received was the SAME as  the asking price.


If you were thinking of selling your home in the near future, now is the time to do so to get the top dollar for your home before the market has a chance to turn.
 
Reminder: As you know that I am in real estate sales and my passion is to bring buyers/sellers together.
 
Who have you talked to in past couple days that might be thinking about buying/selling in San Francisco and/or in Silicon Valley or anywhere in the US/Canada (I am blessed to be a part of a huge network that I meet/talk-to on regular basis which is the backbone of my business that my clients benefit from).
 
Valeriy Krysov
Real Estate Broker
CalBRE Lic 01847176
? 415-385-8949
?? ValKrysov@RealtyFinancial.com
? RealtyFinancial.com

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