Half the Year is Over and it is 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 over 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 4 new Pending Sales this week, 1 was listed at over 1Million and 2 were listed under $300,000 and were located at Martins Beach.
Year to Date Sales are most prevalant at $700,000 or less of the 46 homes sold. The high end is showing 7 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-147 Single Family Homes
13 New Listings this week. Active listings continue to keep balance with pending sales. 71 Active Listings are listed at over $1,000,000.
Pending Sales-26 Single Family Homes with 4 listed for over $1,000,000 and 12 under $700,000.
4 Properties went Sale Pending this week. List prices were 2 under $300,000 from Martins Beach and 1 over 1Million.
46 Homes Closed since January 1, 2009 with only 7 that closed over $1,000,000, 6 listed between $900,000-1 Million and 12 listed at $600,000 or less.
Continuing this year’s trend of a 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-46 Single Family Homes. 12 listed at $900,000 or higher and 21 listed under $600,000. Up a little this week over last week with 8 New Listings this week.
Pending Sales-62 Single Family Homes with 2 listed over 1 Million and 60 listed under $750,000.
11 Properties went Sale Pending this week. 10 were listed under $650,000 and was listed over 1 Million.
107 Closed Sales since January 1, 2009 with 4 listed over $1,000,000 . 77 homes have sold for $600,000 or less. 3 Homes Closed this week.