I continue to keep up on the real estate markets to assist not just the Bay Area homebuyers and Borrowers, but also to share this information with other licensed Brokers, Loan Originators and realtors so we all can provide good services to our clients.
Below is a snapshot of the Peninsula cities state of real estate, the first month of this new year:
Menlo Park:
Days on the market= 29
Average sales price= $3,086,681
Foster City:
Days on the market=13
Average sales price= $1,990,714
Belmont:
Days on the market= 32
Average sales price= $1,898,800
San Carlos:
Days on the market= 31
Average sales price= $2,002,206
San Mateo:
Days on the market= 34
Average sales price= $1,961,789
Burlingame:
Days on the market= 41
Average sales price= $2,832,361
If you are looking in these cities or anywhere else in California for your next real estate investment, refinance or home purchase, reach out to us if you need fast, flexible & friendly financing! You can reach us at 707-523-2099 or through our website at www.sunpacificmortgage.com. We have been offering private mortgages to Californians for over 35 years – families, individuals and real estate investors alike.
