PACIFICA, CALIFORNIA
Active Listings-48 Single Family Homes. 11 listed for over $1,000,000 and 8 listed between $999,000 to $700,000. Declining for the third week with new listings not keeping pace with Only 3 New Listings this week.
Pending Sales-61 Single Family Homes with 4 listed over 1 Million and 32 listed under $500,000.
12 Properties went Sale Pending this week. All 12 were listed between $500,000 to $800,000.
89 Closed Sales since January 1, 2009 with the highest list price of $1099,000 that closed at the year to date high of $999,000. 67 homes have sold for $600,000 or less.
7 Homes Closed this week. All 7 were listed at $728,000 or less which shows price ranges are moving up.
With the current number of Active Listings divided by the average number of homes sold YTD, there is a little less than 2 months of inventory of Active listings. This reflects a Sellers market. It seems that most of the short sales have sold, and this weeks pending sales have taken a big jump up in price range.
HALF MOON BAY through MONTARA, CALIFORNIA
Active Listings-148 Single Family Homes
9 New Listings this week. Active listings continue to keep steady at around 150.
Pending Sales-22 Single Family Homes with 3 listed for over $1,000,000 and 12 under $700,000.
3 Properties went Sale Pending this week. List prices were varied at $525,000, $774,000 and $1,095,000.
35 Homes Closed since January 1, 2009 with only 5 that closed over $1,000,000 and 20 under $699,000.
2 Homes Closed this week both over 1 Million.
74 Active Listings are listed at over $1,000,000. New listings and pending sales are keeping pace each week. So it looks like very little change from week to week. With approximately 5 months of inventory, this is looking like a buyers market.