Median Prices & hyper-local trend watch

January 30th, 2008 by Marian Bennett
Categories: Market Activity

With the possibility of a temporary raise to the conforming loan limit for markets such as the San Francisco Bay Area, there is lively discussion here in the blogosphere about how this may alter our local trends. Here’s a look at median price graphs for the last 90 days closed sales for Half Moon Bay, El Granada, Moss Beach, Montara and Pacifica. Ninety days is a relatively short period of time in a slower market; for more graph detail of market indicators spanning the last 360 days, including quartile markets and other cities, visit my Local Stats page.

HMB 90 day activity: 12 closed sales ranging from $645-$1,865K.

EG 90 day activity: 3 closed sales ranging from $720-$865K.

MB 90 day activity: 2 closed sales ranging from $620-$833K.

Montara 90 day activity: 4 closed sales ranging from $740-$1,845K.

Pacifica 90 day activity: 25 closed sales ranging from $449-$1,450K.

Blog mentor and friend Kevin Boer, 3 Oceans Real Estate, gives a detailed scenario of how this could change our monthly cash flow…

This entry was posted on Wednesday, January 30th, 2008 at 10:53 am and is filed under Market Activity. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

A look at the Half Moon Bay San Mateo Coastside Market | Peninsula Real Estate Guru said at January 30th, 2008 at 2:28 pm
[...] up-to-date analysis of the market on the San Mateo Coastside, please go to a local blog written by Marian Bennett, a Coldwell Banker agent in Half Moon Bay. Marian also provides some detailed information of the various Coastisde [...]