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I have several clients looking to buy homes near downtown San Carlos, and I’ve been somewhat surprised what a hot sellers’ market it is for starter homes in this area. The Peninsula, from Mountain View and Los Altos, all the way up to Burlingame are experiencing low inventory and a LOT of buyers. I’m seeing most homes sell for over the asking price with multiple offers. If you’re in the market to sell a 2 or 3 bedroom home on the Peninsula, please give me a call today.

As is typical this time of year, the 90-day moving average of inventory is on the decline as activity slows between Thanksgiving and the end of January. Days-on-market is rising, as is also typical during this time of year. Overall, it continues to be a strong buyer's market with some signs of rising activity.

90-day stats for Single Family properties in
DANVILLE, CA94506 as of January 8, 2010
Median List Price $1,133,636 Average List Price $1,436,525
Total Inventory 63 Price per Square Foot $366
Average Home Size 3,470 Median Lot Size 12,356
Average # Beds 4.26 Average # Baths 3.40
Homes Absorbed 8 Newly Listed 5
Days on Market 156 Average Age 19

Median Price for homes in DANVILLE, CA 94506

Median Price for homes in DANVILLE, CA 94506 as of January 8, 2010 is $1,133,636

Inventory for homes in DANVILLE, CA 94506

Inventory for homes in DANVILLE, CA 94506 as of January 8, 2010 is 63

Average Days on Market for homes in DANVILLE, CA 94506

Average Days on Market for homes in DANVILLE, CA 94506 as of January 8, 2010 is 156