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 15% at $600,000 or less. 8 of those 20 listings are located at Martins Beach which seems to be trying to get whatever sales they can before the land lease expires.
Of the 6 new Pending Sales this week, 3 were listed at $999,000 plus. This is a big spike for pendings in the upper price range.
Year to Date Closed Salesare most prevalant at $700,000 or less with 21 of 49 that have closed. The high end is showing 7 closing over 1 Million and 7 closing between $900,000 and $1 Million. The Market is still favoring Buyers.
Active Listings-144 Single Family Homes with 67 listed at $1 Million or more.
8 New Listings this week with 4 over 1 Million. Active listings continue to keep steady.
Pending Sales-31 Single Family Homes with 7 listed for over $999,000 and 12 under $600,000.
6 Properties went Sale Pending this week with half listed at $1 Million plus.
49 Homes Closed since January 1, 2009 with only 7 that closed over $1,000,000, 7 listed between $900,000-1 Million and 21 listed at $700,000 or less. No homes closed this week.
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-42 Single Family Homes down from last week. 8 listed at $1,000,000 or higher and 4 listed under $500,000. 5 new listings this week all listed under $600,000.
Pending Sales-59 Single Family Homes with 2 listed over $900,000 and 48 listed under $600,000.
11 Properties went Sale Pending this week with 9 listed under $600,000. This is a big jump from last week.
119 Closed Sales since January 1, 2009 with 5 that were listed for over 1 Million. 84 sales were from homes listed at $600,000 or less.
6 Homes Closed this week with 4 that were listed under $500,000.