Real Estate Statistics for September 2021 San Francisco Peninsula

[Ken and Ari Walker]

Markets typically move in cycles characterized by pervasive economic optimism, uncertainty, or pessimism. Today, optimism is the prevailing motivation especially behind the real estate market. We have only to examine the results of September’s sales data recorded for the cities on the San Francisco Peninsula to see that exemplified.

Menlo Park

• Days On Market: 23
• Average Sales Price:  $3,539,340
• Average Sales Price was 6% above asking

Foster City

• Days On Market:  9
• Average Sales Price:  $2,2253,961
• Average Sales Price was 12% above asking

Belmont

• Days On Market: 12
• Average Sales Price:  $2,267,777
• Average Sales Price was 11% above asking

San Carlos

• Days On Market: 12
• Average Sales Price:  $2,488,548
• Average Sales Price was 6% above asking

San Mateo

• Days On Market: 17
• Average Sales Price:  $1,921,305
• Average Sales Price was 7% above asking

Burlingame

• Days On Market: 13
• Average Sales Price:  $2,991,900
• Average Sales Price was 11% above asking

If you are considering a purchase or refinance, whether it is for an owner-occupied or an investment property, give Sun Pacific Mortgage a call at 707-523-2099 to discuss a privately financed mortgage. Armed with a pre-approval letter, will be a huge asset when presenting your offer to a Seller in today’s economy. We are known for our fast closings friendly, informative service throughout the buying process.

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Best, Ari – The Guys in the White Hats
Hard Money Lead Loan Originator at Family owned and operated Sun Pacific Mortgage & Real Estate, serving all of California since 1988!  707-523-2099   www.Sunpacificmortgage.com
CA DRE License #01858152 and NMLS #2170867

 
Note:  Get our financing despite bad credit, difficult to prove income, property a fixer, etc.!  We finance Jumbo loans, Bridge and short-term loans, Owner Occupied purchases and refinances, investment purchases and commercial.

The content of this blog contains general advice only and does not consider individual financial circumstances, desired loan amounts or existing real estate or lending transactions. This information is intended for licensed Real Estate Agents and licensed Lenders/Mortgage Brokers and is posted on our company website and specific blog sites with the express purpose of reaching such licensed individuals.