San Francisco Peninsula Real Estate Market Data February 5, 2021

CityNumber of Active ListingsNumber of PendingsPending Ratio/Market Absorption RateNumber of Closings 11/12/20-2/4/21Average List Price of Sold HomesAverage Sold PriceList to Sales RatioAverage Days on Market for Sold HomesAverage Price per Square Foot for Sold Homes
South San Francisco 1432229%32$1,154,965$1,208,403105%23$762
Daly CIty2846164%106$1,080,168$1,115,539103%24$765
Millbrae57140%30$1,880,415$1,925,513102%26$1,013
San Bruno1012120%61$1,187,856$1,245,562105%21$855
Burlingame301860%51$2,393,388$2,431,880102%17$1,254
San Mateo402870%139$1,795,126$1,852,199103%21$1,026
Hillsborough29931%31$5,496,480$5,394,69498%59$1,280
Foster City28400%20$1,868,528$1,924,551103%20$911
Belmont718257%43$1,947,554$2,089,782107%15$1,132
San Carlos2125119%59$2,162,336$2,194,956102%26$1,160
Redwood City3942108%136$1,748,982$1,769,914101%27$1,010
Menlo Park353497%68$2,648,912$2,629,22299%33$1,278
Palo Alto482246%90$3,605,787$3,599,515100%40$1,756
Atherton20840%19$7,188,995$6,863,15895%72$1,596
Los Altos292172%18$3,656,743$3,757,761103%18$1,441
Woodside211362%23$3,959,370$3,749,60995%63$1,152
Cupertino1525167%49$2,281,206$2,420,714106%18$1,367
Mountain View2132152%86$2,210,029$2,252,408102%24$1,335
Sunnyvale373081%137$1,751,060$1,830,015105%22$1,139
Pacifica1721124%65$1,228,022$1,276,363104%21$875
El Granada26300%14$1,398,714$1,441,265103%40$776
Half Moon Bay12867%38$1,618,025$1,612,461100%26$724
Brought to you by Traci Loftis, San Francisco Bay Area Realtor DRE#01980740

Just a few tips on how to read this data. This data is for single family homes only, not condos or townhomes. The higher the market absorption ratio, the higher the demand is in that city compared to the supply. This means if you are considering selling your home in one of these markets with a high absorption rate, now might be a very opportune time to do so. The days on market can be very helpful usually, however during covid-19 pandemic the showings have to be one at a time, so keep in mind the market times have slowed down overall. This does not indicate lack of demand necessarily, other factors must be considered.

When helping my clients determine offer prices or list prices, all of these numbers are relevant, among others.

I have pulled this data personally and directly from the MLS Listings to help my clients understand and navigate the San Francisco Peninsula Real Estate Market. All information herein is deemed reliable but not guaranteed.

Traci Loftis

The Watson ~ Marshall Group | Compass

1290 Howard Avenue

Suite 201 Burlingame, CA 94010

DRE# 01980740

traciloftis@gmail.com

(650) 534-7573

Published by Traci Loftis, San Francisco Bay Area Realtor

Realtor, barefoot runner, kitesurfer and dog mom.

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