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Welcome to Home-Heart.com, your one-stop location for real estate statistics, advice and lyrical poems.
While I can assist you with your home purchase, lease, or listing; you'll need a lender to guide you to the best mortgage to fit your needs (unless, of course, you are buying for all cash). Julie Schumer-McMahon of Guaranteed Rate is a wonderful resource for those of you who speak Spanish (she also speaks English). Stefani Hartsell of Golden1 Credit Union and I have collaborated for years with buyers and she is amazing. She works hard to get her clients their best loan and is efficient, communicative and thorough. Enough about loans and lenders. What about homes for sale?
Today, there were 584 homes (including townhomes and condos) in San Mateo County for sale. Foster City has four single-family homes out of the 24 places available. What about other cities?
Belmont has 12 homes for sale. Seven single-family homes and the rest are condos. The least expensive home is asking $649,950 for a 1 bedroom, 1 bath, 600+ square condo built in 1976 at Village West (HOA $291). The highest priced home is asking $4,800,000+ for a single-story 3 bedroom, 3.5 bath, 3,000+ square foot home with unobstructed views, 3-car garage and a rare pool. Home was built on over a half-acre lot in 1997.
San Mateo has 111 homes for sale. Thirty-five are single-family homes, nine are townhomes, and the rest are condos. The lowest asking price is $139,000 for a 800 square foot 1 bedroom, 1 bath condo built in 1988 at The Peninsula Regent. This is available only to qualifying 60+ aged seniors able to pass a medical exam and financial analysis. It has many amenities as is reflected in the extremely high HOA (HOA $4,571). Buyers aged 55+ can obtain a studio condo built in 1983 for $349,000 at the heart of downtown for a much lower monthly outlay (HOA $358). This secured complex has an elevator, community rooms and parking. The lowest price for younger buyers is offered at $499,000 for a studio, 500+ square foot condo built in 1968 at Casa Laguna (HOA $314). The highest priced home is asking $4,750,000 for 3,900+ square foot, 5 bedroom, 4+ bath home built in 2024 on a 8,000+ square foot lot. This home has high-concept architecture and blow-your-mind aesthetics.
San Bruno has 29 homes for sale. Fifteen are single-family homes, the rest are condos. The lowest asking price is $349,000 for a studio, 1 bath, 490 square foot unit at Shelter Creek built in 1972 (HOA $502). Shelter Creek has one indoor and two outdoor swimming pools, tennis courts, a large clubhouse (with table tennis, WIFI and bar available for special events), fitness center, solar panels, EV charging stations, lovely walking paths, etc. Conveniently located to Highways I-280, I-380, and 101. The highest price is asking $1,900,000 for a 5 bedroom, 3 bath, almost 2,000 square foot home built in 1967 on a 6,400+ square foot lot. It is "newly renovated" with modern amenities such as EV plug in for that Tesla.
Redwood City has 63 homes for sale. Forty-seven are single family homes, four are town homes and the rest are condos. The lowest asking price is $428,000 for a studio, 470 square foot condo built in 1964 at Palm Gardens (HOA $517). The unit as no one above or below (giving privacy), but has not be updated and has stark white walls and counters with white appliances. A good opportunity for first-time buyers to get their toe in the market. The complex has coin-op laundry and in-ground pool. The highest asking price is $4,750,000 for a 3,900+ square foot, 4 bedroom, 4.5 bath home built in 1971 on .41 acre in the Emerald Hills neighborhood.
There are 584 homes available for sale in San Mateo County. Last week, we had 52 homes come on the market, 18 price changes, 26 listings expire, 34 listings cancel, one fall through, 3 come back on the market, 19 offers accepted with contingencies, 49 become pending sales, and 83 close escrow. (Santa Clara County has 1,126 places for sale, of which 634 are single family homes.)
Locally, there are 34 homes available for under $500,000, and 91 asking $5,000,000 or more. Of the homes that closed escrow, average days on the market (DOM) were 14, 54 and 40 for single family residences, condos and townhomes, respectively; median DOM = 9, 24 & 31.
Median Prices were $2,030,000 for SFRs, $808,000 for condos and $1,919,000 for townhomes. To give you an idea of the market: The lowest priced SFR sold was $745,000 for a 1 bed/1bath cute starter home on a 2,500 s.f. lot. The highest price was a $18,000,000+ for new construction on 1.14 acres in Hillsborough. (Santa Clara's County's median sales price was $1,854,000+)
Buying or selling a home can be an emotional roller coaster ride. But it doesn't have to be a 'nail-biting' one. I look forward to listening to your needs, supporting you, and using my real estate know-how to help make those ups and downs a little easier to handle. I look forward to talking with you soon.
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I GET IT DONE AND MAKE IT FUN!
Jeannine Gerkman
Author, Poet, REALTOR®
CalRE# 00980740
Updated as of 12/1/2024.
I read this book to little ones at the Book Bubble in the Children's section of the San Mateo Public Library 5/13/2022 at 10:30 a.m. My authorpoetrealtor.blog has past poetry readings, book reviews and original poems. Enjoy.
(Bay Home & Linens, FILOLI, Charlie's Corner, Chambers Prairie Elementary School, Barnes & Noble, Pottery Barn Kids, Story Time at Books Inc. are some of the places I have had readings and book signings.)
E-Books are available at Amazon.com or bn.com.
Books, Inc. in Palo Alto has author-signed copies on their shelves, you can purchase them for curbside pickup.
If you would prefer to purchase directly from me (with a hand-written personalized message included), email me directly at [email protected] and put "Spring Order" in the subject line.
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