Still a Buyers Market – HALF MOON BAY through MONTARA, CALIFORNIA
Active Listings continue to stay at the same level week over week. Still, around half of the listings are listed at over 1 Million and 10% at $600,000 or less. 8 of those 15 listings are located at Martins Beach which seems to be trying to get whatever sales they can before the land lease expires in the next couple of years.
Of the 5 new Pending Sales this week, all were listed at $650,000 or less.
Year to Date Sales are most prevalant at $700,000 or less with 19 of 41 that have closed. The high end is showing 6 closing over 1 Million and 6 closing between $900,000 and $1 Million.
The Market is still favoring Buyers who are coming out and looking at open houses.
Active Listings-145 Single Family Homes
4 New Listings this week. Active listings continue to keep steady. 71 Active Listings are listed at over $1,000,000.
Pending Sales-27 Single Family Homes with 4 listed for over $1,000,000 and 14 under $700,000.
5 Properties went Sale Pending this week. List prices were all under $659,000.
41 Homes Closed since January 1, 2009 with only 6 that closed over $1,000,000, 6 listed between $900,000-1 Million and 19 listed at $700,000 or less.
Sellers Market with few Homes for Sale – PACIFICA, CALIFORNIA
Statistics remain consistent another week. With the current number of Active Listings divided by the average number of homes sold YTD, there is a little more than 1 month of inventory of Active listings.
Active Listings-49 Single Family Homes. 10 listed at $998,000 or higher and 20 listed under $600,000. Up a little this week over last week with 7 New Listings this week.
Pending Sales-57 Single Family Homes with 2 listed over 1 Million and 32 listed under $500,000.
4 Properties went Sale Pending this week. All were listed under $600,000.
104 Closed Sales since January 1, 2009 with 3 listed over $1,000,000 . 45 homes have sold for $500,000 or less. 30 homes sold that were listed between $500 and 600,000. 45 homes closed under $500,000 list price.
4 Homes Closed this week.