June 2021 Peninsula/Silicon Valley Market Update

In Redwood Shores, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was 8 days with the average sale price $2,554,638.00 (in April was $2,034,720.00). Price Received was 12% MORE the asking price..

 

In Menlo Park, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was 18 days with the average sale price $3,383,586.00 (in April was $3,240,438.00). Price Received was 5% MORE the asking price..

 

In Foster City, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was 7 days with the average sale price 2,312,407.00 (in April was $2,239,833.00). Price Received was 14% above the asking price..

 

In Belmont, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was only 10 days with the average sale price $2,217,950.00 (in April was $2,318,300.00). Price Received was 13% MORE than asking price.

 

In San Carlos, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was only 11 days with the average sale price $2,478,117.00 (in April was $2,546,040.00). Price Received was 8% above the asking price.

 

In San Mateo, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was only 16 days with the average sale price $1,920,608.00 (in April was $2,011,738.00). Price Received was 10% above the asking price.

 

In Burlingame, CA - AVERAGE DAYS ON MARKET for Single Family Houses in May was 19 days with the average sale price $3,378,296.00 (in April was $3,184,717.00). Price Received was 6% above 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).

 

Val Krysov

Real Estate Broker

CalBRE Lic 01847176

? 415-385-8949

?? ValKrysov@RealtyFinancial.com

? RealtyFinancial.com


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