This is the San Mateo Neighborhood Real Estate Report for April 2010. Statistics are fascinating to me. I can compare them one way and then the other for hours.
April 2009 compared to 2010 is significantly different in a few ways. The number of days for a San Mateo house to sell is down from 109 to 41; homes are selling much more quickly. The average sales price is up almost $250,000 – not what many buyers would like to see, I’m sure. 707,909 in 2009 while the 2010 average sales price is 952,860.
With those numbers I would have expected available inventory to be down. With the average sales price increasing by 250k and the days for a home to sell less than half, it sounds like a competitive market. But Inventory was actually up from 178 in April 2009 to 211 in April 2010.
| Available | Under Contract | Average List Price | Average Sales Price | |
| 19th Avenue Park / Sunnybrae | 17 | 11 | 617,077 | 621,000 |
| Aragon | 4 | 5 | 1,209,400 | 1,600,000 |
| Baywood Knolls | 1 | 0 | 0 | 1,132,500 |
| Baywood Park | 14 | 4 | 1,129,950 | 959,000 |
| Baywood/Parrott Park | 8 | 4 | 1,498,000 | 1,843,000 |
| Beresford Manor | 8 | 4 | 955,700 | 881,000 |
| Bowie Estate | 6 | 7 | 433,269 | 382,000 |
| Eastern Addition/Downtown | 12 | 4 | 651,425 | 702,000 |
| Fiesta Gardens | 5 | 3 | 609,266 | 840,000 |
| Foothill Terrace | 3 | 1 | 998,000 | 1,335,000 |
| Hayward Park | 6 | 5 | 785,000 | 1,120,800 |
| Homestead / Husing Subdivision | 6 | 3 | 828,666 | 760,000 |
| Lakeshore | 3 | 5 | 490,760 | 936,666 |
| Laurelwood | 6 | 6 | 1,004,627 | 0 |
| Lauriedale | 2 | 1 | 649,000 | 0 |
| Los Prados | 3 | 0 | 0 | 580,000 |
| North Shoreview / Dore | 18 | 11 | 521,444 | 0 |
| Mariner’s Isle | 3 | 1 | 690,000 | 0 |
| Park Western / Hillsdale | 7 | 2 | 994,000 | 583,000 |
| Parkside | 11 | 10 | 502,640 | 838,000 |
| San Mateo Knolls/Laurel Creek | 5 | 3 | 899,998 | 1,708,000 |
| San Mateo Park / El Cerrito Park | 11 | 4 | 1,816,250 | 0 |
| San Mateo Terrace | 5 | 2 | 769,000 | 645,000 |
| San Mateo Village/Glendale | 13 | 9 | 609,316 | 713,000 |
| South Shoreview | 28 | 19 | 511,051 | 902,500 |
| The Highlands / Ticonderoga | 5 | 1 | 1,250,000 | 1,024,000 |
| Westwood Knolls | 4 | 1 | 599,000 | 952,860 |
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Vicki Moore, Realtor
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(all data current as of
9/2/2010)
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$279,900 : 688 Mariners Island Bl #112, San Mateo1 beds, 1 full bathSize: 726 sq ftLot size: n/a
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$557,000 : 1103 7th Av, San Mateo2 beds, 1 full bathSize: 1,330 sq ftLot size: 4,750 sq ft
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$189,900 : 155 N El Camino Real #11, San Mateo1 beds, 1 full bathSize: 710 sq ftLot size: n/a
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