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Monday Morning Market Minute – May 15th 2017

Real Estate Update – Mid Peninsula

Dan Gilmartin reviews the weekly home inventory numbers.

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Transcript – Hi, this is Dan Gilmartin, part of the Gilmartin Group Real Estate Company in Burlingame, California, May 15th 2017 with your Monday Morning Market Minute. Okay, single-family inventory from South San Francisco to Redwood City right now is 146 — that’s slightly up from 143 of last week. We had 56 homes come on to the market, and we had 46 homes go into contract — that is a very good number, as you know. Condominiums, we have 57 condominiums on the market — that’s down from 63 of last week. We had 22 condominiums come on to the market, and we had 29 condominiums go into contract — that’s the highest sales for condominiums this year 2017. So, total-total from South San Francisco to Redwood City, single-family homes and condominiums, the inventory is 203 which is down from 206. This market continues to go; it’s very steady. So if you’re thinking of selling your home, give me a call; I’d love to come out, see you home, put a plan together, and help you get what you want and the time you want. Won’t that be great? Hey, thanks for listening, have a great day, and I’ll talk to you next week.

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