The lull in the San Mateo Village market picked up this December with 4 homes selling. November 2010 San Mateo Village Home Sales only produced 1 sale. Only one of the homes that sold in December was on the market for less than 30 days, marking the first time since September 2010 that a home in San Mateo Village has sold in under 30 days.
San Mateo Village Home Sales – December 2010
| Address | Original List Price | Sales Price | Days on Market | Beds | Baths | Sq Ft | Sold Date | |
|---|---|---|---|---|---|---|---|---|
| 94 E 38th St | $765,000 | Pending | 126 | 3 | 2.5 | 1,500 | 12/13/10 | |
| 37 Otay | $619,000 | Pending | 16 | 2 | 1 | 900 | 12/14/10 | |
| 340 Estrella | $595,000 | Pending | 62 | 3 | 1 | 1,080 | 12/13/10 | |
| 606 Santa Clara | $429,950 | Pending | 123 | 4 | 2 | 1,750 | 12/27/10 |
*Sold data provided by MLS Listings, Inc. The RayChel Realty Group did not necessarily participate in any of these sales.
Chart Data Explained
- Original List Price = List Price when Home was Originally Listed, Not Necessarily the Same as at the Time of Sale
- Days on Market = How Long it Took for the Seller to Accept an Offer
- Sold Date = Date the Seller Accepted an Offer (Not the Same as the Date the Home Closed Escrow)
Why Don’t You Show Sold Prices?
If the property did not close escrow yet, the sold prices are not available. But, you can be assured once these properties close escrow (usually about 30 days from the “Sold Date”) we will pose those numbers. If you want to be notified, either bookmark this page and check back, or sign up for our priority email notification system (info below).
San Mateo Village Home Sales – Detailed Download
San Mateo Village Home Sales – December 2010
What Do the Numbers Mean?
When researching recent San Mateo Village home sales in preparation to make an offer or in preparation to sell your home, its important to look at these factors. First, we look at sales price vs. list price to determine how realistic the seller was in setting a price. Next, we see how long it took to produce a sale, or Days on Market, to help us determine the market climate. Then we look at the date the seller accepted an offer on the property (“Sold Date”) instead of the date it closed escrow. Why? Because that’s when a willing buyer and willing seller came to an agreement on price and terms. The escrow period can often last a month or more and the market can be completely different then. Finally, we look at the size of the home (bedrooms, baths and square footage) to help us determine how comparable the subject home is.
Need Help Interpreting the Numbers?
Call us at (650) 655-2500 or email us at info@RayChelRealtyGroup.com and we’ll help you interpret the numbers.
Want Priority Notification of San Mateo Village Home Sales?
Email us at info@RayChelRealtyGroup.com with the neighborhood you’re interested in and we can set you up on a priority notification email system that will send you an email every time a home in San Mateo Village is sold.
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Raymond Stoklosa, Chela Stoklosa and Rebecca Williamson are Realtors with The RayChel Realty Group specializing in Santa Clara and San Mateo Real Estate.
Raymond Stoklosa, Broker/Co-Owner
Chela Stoklosa, Realtor/Co-Owner
