Real Estate Update – Mid Peninsula
Dan Gilmartin reviews the weekly home inventory numbers.
See your home value right now: http://www.thegilmartins.com/home-valuation/
Video Transcript
Hi, this is Dan Gilmartin, part of the Gilmartin Group Real Estate Company in Burlingame, California, January 13th, 2020, with your Monday Morning Market Minute.
Single-family inventory from South San Francisco to Redwood City right now is 67 thats is up from 56 of last week. Last year at this time that number was 99, what a difference a year makes there. We had 20 homes come on the market and 13 go into contract, 13 is a low number but yet there are hardly any homes for sale so thats hardly a bad number.
Condominiums right now…49 up slightly from last weeks 47. Last year at this time that number was 70. We had 12 come on the market and 7 go into contract
So total inventory from South San Francisco to Redwood City single family homes and condominiums is…116 up from 103 of last week and last year at this time that number was 169. It is just completely come to fruition that this market is hot. I you are thinking of selling your home sooner well is better than later, call us now so we can come out and give you a free consultation and ultimately put a plan together to help you get what you want in the time you want, won’t th
Thanks for listening have a great day have a wonderful Holiday and we will talk to you next week!