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California Dominates Top-Performing Housing Markets List

by Kathy and Michael Rain - The Rain Team

San Francisco, San Jose, and Sacramento were among the nation’s top-performing housing markets in January, according to an analysis by realtor.com®.

The same analysis by realtor.com® revealed that homes were selling 4 percent faster nationwide than they did a year earlier, but housing supply hit new lows. Prices, meanwhile, remained at record highs. While nearly 360,000 new listings entered the market in January, inventory was down by 11 percent from a year ago, reports realtor.com®.

“We saw evidence of a stronger-than-normal off-season starting last September and October due to pent-up demand and surging interest from first-time buyers,” says Chief Economist Jonathan Smoke of realtor.com®. “The downside to this strong off-season is that we have started 2017 with a new low volume of available homes for sale and a new high for prices.”

Low inventory has been a challenging factor in parts of Northern California, particularly the San Francisco Bay Area. In fact, even though realtor.com® highlighted several markets in the region as top-performing in January, the California Association of REALTORS® cited the scarce housing supply as a key reason for the decline in the Bay Area’s pending home sales in December.

While pending home sales were on the rise throughout most of California in December, pending home sales in the San Francisco Bay Area as a whole fell 14.2 percent compared to December 2015 and 32.5 percent from November 2015.

San Mateo County posted the steepest decline in December at 35.3 percent, followed by San Francisco County at 23.3 percent. Meanwhile, Santa Clara County experienced an 18.6 percent decline in pending home sales.

Projections of mortgage rate increases in upcoming months are creating a sense of urgency among buyers, according to housing experts, which means that buyers will be scrambling to see new listings.

Despite the fact that fewer homes were available for sale, realtor.com® identified the following 20 top-performing markets in January, based on where buyers were checking out the most listings and homes were selling briskly:

1. San Francisco, Calif.
2. San Jose, Calif.
3. Vallejo, Calif.
4. Dallas, Texas
5. San Diego, Calif.
6. Sacramento, Calif.
7. Yuba City, Calif.
8. Denver, Colo.
9. Stockton, Calif.
10. Fresno, Calif.
11. Oxnard, Calif.
12. Columbus, Ohio
13. Colorado Springs, Colo.
14. Nashville, Tenn.
15. Detroit, Mich.
16. Modesto, Calif.
17. Los Angeles, Calif.
18. Tampa, Fla.
19. Santa Rosa, Calif.
20. Fort Wayne, Ind.

 

Here’s what was happening in our local Northern California offices during the last two weeks of January:

East Bay – There has not been a significant spike in listing inventory in the East Bay. The lack of inventory has led to multiple offer situations in some parts of the region.  A property in Oakland attracted 36 offers, while another listing received 26 offers, reports the Oakland office manager. Buyers are still flooding open houses, added the Oakland manager, and the Danville manager shared that it seems like buyers “are at the starting line waiting for the shot of inventory.” Meanwhile, there was strong and consistent growth in the area’s housing market in 2016 in comparison to 2015, according to the Berkeley manager. Median selling prices for properties increased year-over-year by double-digit percentages in several communities. Alameda’s single-family median home price jumped from $865,000 to $950,000, representing a nearly 10 percent increase, while the median condo price increased 11 percent from $600,000 to $667,500. Oakland’s single-family median home price jumped approximately 10 percent from $615,000 to $675,000, and the median condo price increased 15 percent from $482,000 to $555,000. Emeryville also saw a significant year-over-year increase in its median home price, going from $455,000 to $500,000, which represents an almost 10 percent increase. The median sales price for single-family homes in Berkeley grew approximately 8 percent from $1,025,000 to $1,105,000, while the median condo price leaped 14.5 percent from $585,000 to $670,000.  Albany’s single-family median home price increased from $875,000 to $925,000 and the condo median selling price inched up from $447,500 to $455,000. El Cerrito saw a smaller increase overall from $745,000 to $788,000. The condo sample size was only 23 sales in all of 2016, with a slight reduction in value from $518,000 to $500,000. Finally, Richmond’s single-family median home price rose from $400,000 to $440,000 and the median condo price increased from $355,000 to $397,000.

Monterey County – January started out a little slow in the region with the weather affecting listing activity. Rain delayed outdoor photo shoots for listings, and when the rain finally subsided the new listings started emerging. In January, the Monterey Peninsula offices saw several days with five to eight new listings coming online. Buyers are at a standstill if the property seems to be overpriced; they are not submitting any offers until there is a price adjustment, explained the manager of the Monterey Peninsula offices. The region is looking forward to the AT&T Pebble Beach Pro Am, which kicks off February 6, and the exposure that it brings to the Monterey Peninsula.

North Bay – Overall, the North Bay region is dealing with a lack of listing inventory, which is leading to multiple offer situations. Marin County had 40 properties under $1 million listed for sale and 140 listings priced above $1 million. The Greenbrae office manager reports that most of the new listings in the office in the last two weeks received multiple offers included one property listed at $699,000 that drew 16 offers, and a fixer-upper priced at $1,195,000 that received seven offers. Buyers are having to pay substantially over the list price in the low inventory market, the Greenbrae office manager shared. In a similar fashion, the Novato office manager said a property in Bel Marin Keys garnered 16 offers, and he said some listings are expected to hit the market this month and in March. The supply of inventory averaged about two months in 2016, according to the Santa Rosa Bicentennial office manager. “We anticipate more new homes coming on the market this year, but not enough to make a sizable change in inventory,” he said. The Sebastopol market currently has 25 properties for sale, and the heavy rainfall delayed work to get properties ready for sale, according to the Sebastopol manager.  The Santa Rosa Mission office manager said inventory was down about 16 percent for the time period October 2016 – December 2016 compared to 2015, and closed units are down 11 percent for the same period. The Southern Marin office has three listings priced over $5 million that have not been posted on the MLS, but all three properties are already getting qualified showings, and two of the three homes have attracted offers.

Placer County – As in other regions, Placer County is in need of listings as sales activity is on the rise. Homes priced in the low $400,00s or less are receiving multiple offers within a couple of days of being on the market, explained the Auburn office manager. Appraisals are taking time, and there are still properties that are being appraised for less than that contract price, she said. “We are still having a higher number than usual of cancellations,” noted the Auburn manager.

Sacramento County – The region is dealing with a low number of listings and is facing strong buyer demand for properties priced under $350,000. The Elk Grove/South County market had 1.2 months of inventory, down 27 percent for the same period a year ago, according to the Elk Grove/West Sacramento office manager. The average sales price in that area climbed to more than $400,000, due in part to two $2 million-plus property sales. The average listing price is growing, making it more challenging for buyers to find properties priced under $300,000 and thus creating strong competition for homes priced in the $275,000 to $350,000 price range. Many properties in that price range are generating multiple offers. Sales prices have increased more than 7 percent over the last 12 months. The region is also seeing new home developments. West Sacramento is experiencing similar market trends, with a decline in inventory and few homes available under the $300,000 price range. Prices have increased more than 8 percent year-over-year and price per square foot has increased to its highest level in a decade, the Elk Grove/West Sacramento office manager pointed out.

San Francisco – Demand for homes in the San Francisco market remained strong but inventory is not keeping up, leading to buyer competition and multiple offers. The San Francisco Lakeside office manager notes, “There is virtually nothing available to buy,” while the Lombard office manager said inventory is growing but not at the rate expected.  Entry-level and fixer uppers are drawing a lot of buyer traffic, multiple offers, and offers above asking price, according to the Lombard office manager, but the condo market is cooling as evidenced by the price reductions, the growing supply and days on market.

SF Peninsula – Some areas in the region are seeing an uptick in sales activity. The Burlingame, Burlingame North and Half Moon Bay offices reported an increase in sales activity during the last two weeks, with the Burlingame offices noting an increase in listing inventory as well. There were 10 properties under contract in the Burlingame office, seven in Burlingame North, and eight in Half Moon Bay. The Palo Alto Downtown office reported a drop in sales activity and inventory, and had three properties under contract.

Santa Cruz County – Sales activity is picking up in the Santa Cruz market. There have been approximately three new single-family homes listed per day, but brisk sales activity is absorbing the inventory. There are fewer than 200 active listings, according to the manager of the Santa Cruz offices. A number of high-end properties received offers over the last two weeks, and pending sales in the luxury market are on the rise.

Silicon Valley – More listings are emerging in the region, but Santa Clara County is still facing a shortage of available homes and strong buyer demand, which in some cases is leading to bidding wars. Open houses drew “hundreds of visitors” in the last two weeks, reports the Cupertino office manager. All offers ratified over the past two weeks have been multiple offers and all deals have contingencies in place, according to the San Jose Almaden office manager. Prices were up in several communities in January compared to the same month in 2016, he noted. Almaden’s average sales price was $1,329,000 in January, which was up 12 percent from January 2016 and down 3 percent from December.  Blossom Valley’s average sales price followed a similar trend. The average sales price in that community was $708,000 in January, which is up 10.5 percent from January 2016 and down 9 percent from the prior month.  In contrast, Cambrian’s average sales price declined 10.5 percent from a year ago to $916,000 and was down 6 percent from December.  Santa Teresa’s average sales price rose 11 percent year-over-year to $759,000 in January and was also 2 percent higher than the average sales price recorded in December. Most homes are going into contract after just one weekend on the market and in some areas homes are selling well over 10 percent of asking list price, says the San Jose Willow Glen office manager. Despite the strong demand and brisk activity, “Sellers still need to be careful not to overprice as we see homes that are priced above market sit idle as more competitively priced homes are seeing all the action,” explained the San Jose Main office manager.

South County — The real estate market in Santa Clara’s South County continues to be very slow, challenged by low inventory. Presently in the entire city of Morgan Hill, there are only 35 active listings.  The city of Gilroy has about 60 homes available. Both buyers and sales associates are finding this to be “frustrating and somewhat alarming,” shares the Gilroy and Morgan Hill office manager. Sellers are in an advantageous position to list their homes in coming weeks.  

Contact us via email or give us a call at (650) 888-6903 with any of your real estate needs or questions.

The Rain Team offers unparalleled service to ALL clients in the San Mateo County, including areas such as Half Moon Bay, El Granada, Moss Beach, Montara, and Pacifica. Your complete satisfaction with our service and representation is our number one priority.

This article was originally published by Californiahome

ROMANTIC MOVIES FOR VALENTINES DAY

by Kathy and Michael Rain - The Rain Team

HERE ARE A FEW MOVIES THROUGH THE YEARS THAT YOU MAY LIKE.  SOME ARE PURELY ROMANTIC AND SOME ARE ROMANTIC COMEDIES.  WE HOPE YOU ENJOY YOUR TIME.

TO CATCH A THIEF                                  
NOTORIUS
SOMEWHERE IN TIME
THE LAKE HOUSE
6 DAYS AND 7 NIGHTS
WORKING GIRL
MONSTER IN-LAW
CLICK
YOU’VE GOT MAIL
MR. DESTINY
CONTINENTAL DIVIDE
WEDDING CRASHERS
THE NOTEBOOK
LOVE ACTUALLY
JUST GO WITH IT
MEET JOE BLACK 
OVERBOARD
FORGET PARIS
THE HOLIDAY
GROUNDHOG DAY
WHEN HARRY MET SALLY
AFRICAN QUEEN
IT HAPPENED ONE NIGHT
FOUR WEDDINGS AND A FUNERAL
DIRTY DANCING
BRINGING UP BABY
GHOST
HIS GIRL FRIDAY
AN AFFAIR TO REMEMBER
50 FIRST DATES
THE AWFUL TRUTH
TIN CUP
ADAMS RIB

 

 

Michael and Kathy

PS. Let us know which one of

these classic movies you enjoyed!

 

Home Sellers, Buyers: Start Planning Now

by Kathy and Michael Rain - The Rain Team

For homeowners who are considering selling their homes, it is not too early to start preparing for the spring selling season, which is traditionally the real estate industry’s busiest season.

Whether you’re thinking of putting your home on the market or planning to buy a home, right now may be the ideal time to meet with a real estate professional who understands the market to discuss your options.

For home sellers in particular, there is much to prepare for, and a real estate professional can help you prioritize and establish a plan of action. A strategic sales and marketing plan is essential to engage active buyers. That plan should include an effective pricing strategy, home presentation suggestions and a comprehensive approach to online marketing.

A competitive market analysis that includes a review of current inventory, recent comparable sales prices and other data is critical information that a real estate licensee can provide. In addition to providing valuable marketing data, a knowledgeable sales associate can also make recommendations on how to prepare your home for maximum appeal and to better position your property on leading real estate websites and portals in the industry. Below are a few practical tips:

As a seller, focus on curb appeal: The outside of a house is the first thing potential buyers see and it is important to make a good first impression. If the “curb appeal” is strong, people will want to see what is inside. To improve a home’s appearance, consider mowing the lawn, trimming the trees, cutting back overgrowth and possibly adding some pots or containers of colorful plants and flowers. Also, properly store away gardening equipment, bicycles and other toys.  The front door should have a “welcome home” feeling so consider adding a fresh coat of paint on the front door — it can work wonders on making that good first impression.

Remove the clutter: Homebuyers tend to show less interest in an untidy home. The two most important rooms in a buyer’s mind are the kitchen and bathrooms. Make certain these rooms are sparkling clean and show well.  If necessary, re-caulk tubs, showers and sinks. It is also helpful to clear out overflowing closets and avoid displaying too many family collectibles and photos.  Consider renting a storage unit to store some furniture to free up space in other living areas of the home. Buyers need to imagine themselves living in the home.  By neatly displaying and making all available space accessible, the seller affords the buyer a suitable opportunity to look towards the future.

Make repairs: Homebuyers generally expect all features in a home to operate safely and efficiently.   It may be beneficial to repair any faulty or outdated electrical outlets and wiring, furnaces and water heaters, along with leaking roofs and other plumbing concerns, prior to putting a house on the market.   Potential buyers may also react negatively to holes in window screens, broken windows and burned-out light bulbs.

Minimize odors: Make sure to take out the trash, change the cat’s litter box frequently, and open the windows to eliminate cooking odors. Another helpful tip is to clean drapes and bathe pets. It is important that the home smells nicely and you should consider adding fresh flowers, scented candles, or freshly baked cookies which can help create a pleasant environment.

Work with your Sales Associate:  Being objective about your environment is not always easy and you should utilize your real estate sales professional to gain an independent determination of what actions you should consider to make your home more appealing. Sales associates have the experience and knowledge to help identify potential problem areas and/or suggest some modifications that can help attract more potential buyers.

Preparation for Buyers Homebuyers have to do their homework as well and obtaining financing is generally a major priority. With limited inventory on the market in most areas, those buyers who come to the negotiating table pre-approved and ready to make an offer are likely to have stronger bargaining power.

We can walk you through the home-buying process and help you identify homes for sale that are in your price range. We can help you research the markets you are interested in, prepare and present offers, negotiate price and other terms and then close the transaction.Contact us today. 

San Mateo County Real Estate Report

by Kathy and Michael Rain - The Rain Team

Take a minute to check out this updated Market Report that summarizes recent real estate activity. Please keep in mind that values represented are based on current, detailed information from the regional Multiple Listing Service. If you need clarification of any of the figures, or if you wish to take additional steps toward property ownership, please let us know and we would be happy to help.


MARKET SNAPSHOT
El Granada, Half Moon Bay, Loma Mar, Montara, Moss Beach, Pacifica
As Of 02/02/2017

MARKET SUMMARY
El Granada, Half Moon Bay, Loma Mar, Montara, Moss Beach, Pacifica
As Of 02/02/2017

 

Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Active ML81634878 2040 Francisco BLVD PACIFICA   -/- $4,400,000 28
Active ML81632666 152 W Point AVE HALF MOON BAY   -/- $2,250,000 68
Active ML81633922 152 W Point AVE HALF MOON BAY 3 2/1 $2,250,000 50
Active ML81637065 2910 Court Of San Marco HALF MOON BAY 5 5/- $2,100,000 6
Active ML81637183 1200 East Montara BLVD MONTARA 4 2/1 $1,998,000 4
Active ML81631977 1288 Sheila LN PACIFICA 3 2/1 $1,699,888 80
Active ML81636364 331 Miramontes AVE HALF MOON BAY 4 3/- $1,360,000 12
Active ML81636920 2805 Champs Elysee BLVD HALF MOON BAY 3 2/- $1,329,000 7
Active ML81634823 3 Misty Harbor CT PACIFICA 3 3/- $1,299,800 29
Active ML81636942 148 Juanita AVE PACIFICA 4 2/- $1,250,000 7
Active ML81636990 939 Ferdinand AVE EL GRANADA 3 2/1 $1,200,000 7
Active ML81636226 1144 Peralta RD PACIFICA 4 3/0 $1,199,000 14
Active ML81634430 314 11th ST MONTARA 3 2/1 $1,160,000 35
Active ML81636900 1233 Lerida WAY #A PACIFICA 6 5/- $1,050,000 8
Active ML81637424 452 3rd ST MONTARA 4 2/1 $1,049,000 2
Active ML81637158 444 2nd AVE EL GRANADA 3 2/- $965,000 4
Active ML81633009 0 Champs Elysee BLVD HALF MOON BAY   -/- $950,000 64
Active ML81633357 275 Edgewood DR PACIFICA 5 3/- $900,000 59
Active ML81637426 1303 Aspen DR PACIFICA 3 2/1 $899,000 2
Active ML81635025 417 Church ST HALF MOON BAY 3 2/- $879,000 26
Active ML81637104 162 Montecito AVE PACIFICA 3 2/1 $859,000 5
Active ML81637131 1343 Redwood WAY PACIFICA 3 3/- $850,000 4
Active ML81633935 890 Etheldore ST MOSS BEACH 3 2/- $799,950 50
Active ML81637107 716 Edgemar AVE PACIFICA 3 2/- $799,000 5
Active ML81636394 1512 Valdez WAY PACIFICA 3 2/- $789,000 11
Active ML81635788 905 Fassler AVE PACIFICA 2 2/1 $788,000 17
Active ML81637345 522 Spindrift WAY HALF MOON BAY 3 1/- $775,000 2
Active ML81634794 490 Talbot AVE PACIFICA 3 3/- $749,000 29
Active ML81634687 486 Andover DR PACIFICA 3 2/- $700,000 30
Active ML81633181 1570 Grand AVE PACIFICA   -/- $650,000 62
Active ML81636845 1033 Oddstad BLVD PACIFICA 2 1/1 $588,000 8
Active ML81632253 900 Oddstad WAY PACIFICA   -/- $549,000 77
Active ML81636360 290 Clifton RD PACIFICA 2 1/- $549,000 12
Active ML81637475 520 Marine BLVD MOSS BEACH   -/- $480,000 2
Active ML81633044 0 Alta Loma RD MONTARA   -/- $450,000 64
Active ML81635323 0 Sonora AVE EL GRANADA   -/- $392,000 23
Active ML81636229 247 San Juan EL GRANADA   -/- $360,000 14
Active ML81634354 31 Seascape DR HALF MOON BAY 2 2/0 $349,000 37
Active ML81634148 50 Ocean View HALF MOON BAY 2 2/- $269,000 45
Active ML81636972 19 Ocean View AVE HALF MOON BAY 2 2/- $258,000 7
Active ML81631806 50 Seascape DR HALF MOON BAY 2 1/- $219,000 81
Contingent ML81632478 120 Carnoustie DR HALF MOON BAY 4 3/1 $1,923,500 73
Contingent ML81635232 435 Valdez AVE HALF MOON BAY 4 3/- $1,400,000 24
Contingent ML81632909 205 Sunset CT PACIFICA 5 3/1 $1,388,000 65
Contingent ML81632693 130 El Granada BLVD EL GRANADA 3 2/1 $999,000 67
Contingent ML81635018 1070 Date MONTARA 3 2/1 $979,950 26
Contingent ML81637102 12 Milagra CT PACIFICA 3 1/- $885,000 5
Contingent ML81635441 712 Arroyo Leon DR HALF MOON BAY 3 2/- $875,000 14
Contingent ML81635042 320 Seaside DR PACIFICA 3 2/- $838,000 25
Contingent ML81634153 1141 Birch ST MONTARA 2 1/- $759,000 45
Contingent ML81636455 42 Amesport LNDG HALF MOON BAY 2 2/- $649,000 11
Contingent ML81634949 469 Pine AVE HALF MOON BAY 2 2/- $578,000 28
Contingent ML81633939 1245 Terra Nova BLVD PACIFICA 2 1/- $549,000 50
Contingent ML81631764 0 San Carlos EL GRANADA   -/- $375,000 82
Contingent ML81633885 0 Valencia Ave EL GRANADA   -/- $340,000 51
Contingent ML81633993 10 Sea Gull WAY HALF MOON BAY 2 2/- $319,000 49
Average       3 2/1 $986,912 31
High       6 5/1 $4,400,000 82
Low       2 1/1 $219,000 2
 
Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Pending (Do Not Show) ML81636321 546 Avenue Cabrillo EL GRANADA 5 4/- $1,749,000 3
Pending (Do Not Show) ML81633721 311 Bayhill RD HALF MOON BAY 4 3/- $1,695,000 38
Pending (Do Not Show) ML81631769 182 Cypress Point RD HALF MOON BAY 3 3/0 $1,299,000 26
Pending (Do Not Show) ML81635226 444 Norfolk DR PACIFICA   -/- $1,049,000 15
Pending (Do Not Show) ML81634935 362 Avenue Del Oro EL GRANADA 3 2/- $950,000 26
Pending (Do Not Show) ML81635515 1559 Mizzen LN HALF MOON BAY 4 2/- $899,000 12
Pending (Do Not Show) ML81635418 424 Grand BLVD HALF MOON BAY 3 2/- $879,000 12
Pending (Do Not Show) ML81634855 551 Terrace AVE HALF MOON BAY 3 2/- $875,000 21
Pending (Do Not Show) ML81632432 1537 Terra Nova BLVD PACIFICA 3 3/- $850,000 43
Pending (Do Not Show) ML81635535 227 Winwood AVE PACIFICA 3 2/1 $850,000 12
Pending (Do Not Show) ML81634412 526 Terrace AVE HALF MOON BAY 3 1/1 $839,000 13
Pending (Do Not Show) ML81633716 638 San Carlos AVE EL GRANADA 1 1/- $799,000 40
Pending (Do Not Show) ML81634978 890 Crespi DR PACIFICA 3 1/0 $799,000 13
Pending (Do Not Show) ML81635359 4 Seahaven CT PACIFICA 4 2/- $795,000 15
Pending (Do Not Show) ML81636633 259 Arroyo DR PACIFICA 3 2/- $788,000 8
Pending (Do Not Show) ML81635052 68 Oviedo CT PACIFICA 3 2/- $769,000 11
Pending (Do Not Show) ML81636121 46 NW Gateway DR PACIFICA 4 2/- $749,000 10
Pending (Do Not Show) ML81635585 1212 Escalero AVE PACIFICA 3 2/- $649,999 11
Pending (Do Not Show) ML81635132 991 San Ramon AVE MOSS BEACH   -/- $439,000 18
Pending (Do Not Show) ML81633961 538 Valencia EL GRANADA   -/- $325,000 15
Average       3 2/1 $902,350 18
High       5 4/1 $1,749,000 43
Low       1 1/1 $325,000 3
 
Status MLS ID Address City Bed Bath(F/P)* List Price Sale Price DOM
Sold ML81636843 1450 Alamo ST MONTARA 4 2/1 $2,200,000 $2,212,000 1
Sold ML81632701 175 El Granada BLVD EL GRANADA 3 3/1 $1,775,000 $1,775,000 18
Sold ML81632223 308 Garcia AVE HALF MOON BAY 4 2/1 $1,575,000 $1,587,500 1
Sold ML81635040 1439 Grand AVE PACIFICA 4 3/- $1,500,000 $1,525,000 9
Sold ML81633155 140 Cypress AVE MOSS BEACH 3 2/1 $1,200,000 $1,368,000 6
Sold ML81631726 750 Stetson ST MOSS BEACH 4 3/- $1,195,000 $1,175,000 14
Sold ML81632995 1301 Aspen DR PACIFICA 3 2/1 $1,038,000 $1,110,000 9
Sold ML81634807 1248 Lerida WAY PACIFICA 4 3/- $998,000 $1,135,000 7
Sold ML81632722 212 Lauren AVE PACIFICA 3 2/- $859,000 $890,000 11
Sold ML81634356 909 Fassler AVE PACIFICA 2 2/1 $850,000 $850,000 1
Sold ML81633129 499 Avenue Alhambra EL GRANADA 3 2/- $849,500 $849,500 18
Sold ML81635449 1307 Poplar AVE PACIFICA 3 2/- $849,500 $925,000 6
Sold ML81630684 624-634 Poplar ST HALF MOON BAY   -/- $849,000 $800,000 1
Sold ML81632903 1307 Redwood WAY PACIFICA 3 2/- $849,000 $918,000 14
Sold ML81633655 5063 Palmetto AVE PACIFICA 3 2/- $774,900 $775,000 21
Sold ML81632897 960 Crespi DR PACIFICA 3 1/0 $739,000 $776,000 8
Sold ML81634373 5011 Palmetto AVE #18 PACIFICA 2 1/- $620,000 $682,000 13
Sold ML81633832 210 Amesport LNDG HALF MOON BAY 2 1/- $600,000 $600,000 6
Sold ML81634764 5005 Palmetto AVE #54 PACIFICA 2 1/- $599,999 $599,999 1
Sold ML81634157 1483 Terra Nova BLVD #1483 PACIFICA 2 2/- $589,500 $625,000 4
Sold ML81632364 250 San Mateo RD #39 HALF MOON BAY 2 2/- $160,000 $140,000 16
Average       3 2/1 $984,305 $1,015,143 9
High       4 3/1 $2,200,000 $2,212,000 21
Low       2 1/1 $160,000 $140,000 1
 
Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Canceled ML81636919 351 El Granada BLVD EL GRANADA 3 2/- $1,275,000 1
Canceled ML81632271 441 Granelli AVE HALF MOON BAY 4 3/- $1,000,000 22
Canceled ML81632811 5005 Palmetto AVE #54 PACIFICA 2 1/- $599,999 14
Average       3 2/- $958,333 12
High       4 3/- $1,275,000 22
Low       2 1/- $599,999 1
* Baths: F = Full, P = Partial

 

Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Active ML81634878 2040 Francisco BLVD PACIFICA   -/- $4,400,000 28
Active ML81632666 152 W Point AVE HALF MOON BAY   -/- $2,250,000 68
Active ML81633922 152 W Point AVE HALF MOON BAY 3 2/1 $2,250,000 50
Active ML81637065 2910 Court Of San Marco HALF MOON BAY 5 5/- $2,100,000 6
Active ML81637183 1200 East Montara BLVD MONTARA 4 2/1 $1,998,000 4
Active ML81631977 1288 Sheila LN PACIFICA 3 2/1 $1,699,888 80
Active ML81636364 331 Miramontes AVE HALF MOON BAY 4 3/- $1,360,000 12
Active ML81636920 2805 Champs Elysee BLVD HALF MOON BAY 3 2/- $1,329,000 7
Active ML81634823 3 Misty Harbor CT PACIFICA 3 3/- $1,299,800 29
Active ML81636942 148 Juanita AVE PACIFICA 4 2/- $1,250,000 7
Active ML81636990 939 Ferdinand AVE EL GRANADA 3 2/1 $1,200,000 7
Active ML81636226 1144 Peralta RD PACIFICA 4 3/0 $1,199,000 14
Active ML81634430 314 11th ST MONTARA 3 2/1 $1,160,000 35
Active ML81636900 1233 Lerida WAY #A PACIFICA 6 5/- $1,050,000 8
Active ML81637424 452 3rd ST MONTARA 4 2/1 $1,049,000 2
Active ML81637158 444 2nd AVE EL GRANADA 3 2/- $965,000 4
Active ML81633009 0 Champs Elysee BLVD HALF MOON BAY   -/- $950,000 64
Active ML81633357 275 Edgewood DR PACIFICA 5 3/- $900,000 59
Active ML81637426 1303 Aspen DR PACIFICA 3 2/1 $899,000 2
Active ML81635025 417 Church ST HALF MOON BAY 3 2/- $879,000 26
Active ML81637104 162 Montecito AVE PACIFICA 3 2/1 $859,000 5
Active ML81637131 1343 Redwood WAY PACIFICA 3 3/- $850,000 4
Active ML81633935 890 Etheldore ST MOSS BEACH 3 2/- $799,950 50
Active ML81637107 716 Edgemar AVE PACIFICA 3 2/- $799,000 5
Active ML81636394 1512 Valdez WAY PACIFICA 3 2/- $789,000 11
Active ML81635788 905 Fassler AVE PACIFICA 2 2/1 $788,000 17
Active ML81637345 522 Spindrift WAY HALF MOON BAY 3 1/- $775,000 2
Active ML81634794 490 Talbot AVE PACIFICA 3 3/- $749,000 29
Active ML81634687 486 Andover DR PACIFICA 3 2/- $700,000 30
Active ML81633181 1570 Grand AVE PACIFICA   -/- $650,000 62
Active ML81636845 1033 Oddstad BLVD PACIFICA 2 1/1 $588,000 8
Active ML81632253 900 Oddstad WAY PACIFICA   -/- $549,000 77
Active ML81636360 290 Clifton RD PACIFICA 2 1/- $549,000 12
Active ML81637475 520 Marine BLVD MOSS BEACH   -/- $480,000 2
Active ML81633044 0 Alta Loma RD MONTARA   -/- $450,000 64
Active ML81635323 0 Sonora AVE EL GRANADA   -/- $392,000 23
Active ML81636229 247 San Juan EL GRANADA   -/- $360,000 14
Active ML81634354 31 Seascape DR HALF MOON BAY 2 2/0 $349,000 37
Active ML81634148 50 Ocean View HALF MOON BAY 2 2/- $269,000 45
Active ML81636972 19 Ocean View AVE HALF MOON BAY 2 2/- $258,000 7
Active ML81631806 50 Seascape DR HALF MOON BAY 2 1/- $219,000 81
Contingent ML81632478 120 Carnoustie DR HALF MOON BAY 4 3/1 $1,923,500 73
Contingent ML81635232 435 Valdez AVE HALF MOON BAY 4 3/- $1,400,000 24
Contingent ML81632909 205 Sunset CT PACIFICA 5 3/1 $1,388,000 65
Contingent ML81632693 130 El Granada BLVD EL GRANADA 3 2/1 $999,000 67
Contingent ML81635018 1070 Date MONTARA 3 2/1 $979,950 26
Contingent ML81637102 12 Milagra CT PACIFICA 3 1/- $885,000 5
Contingent ML81635441 712 Arroyo Leon DR HALF MOON BAY 3 2/- $875,000 14
Contingent ML81635042 320 Seaside DR PACIFICA 3 2/- $838,000 25
Contingent ML81634153 1141 Birch ST MONTARA 2 1/- $759,000 45
Contingent ML81636455 42 Amesport LNDG HALF MOON BAY 2 2/- $649,000 11
Contingent ML81634949 469 Pine AVE HALF MOON BAY 2 2/- $578,000 28
Contingent ML81633939 1245 Terra Nova BLVD PACIFICA 2 1/- $549,000 50
Contingent ML81631764 0 San Carlos EL GRANADA   -/- $375,000 82
Contingent ML81633885 0 Valencia Ave EL GRANADA   -/- $340,000 51
Contingent ML81633993 10 Sea Gull WAY HALF MOON BAY 2 2/- $319,000 49
Average       3 2/1 $986,912 31
High       6 5/1 $4,400,000 82
Low       2 1/1 $219,000 2
 
Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Pending (Do Not Show) ML81636321 546 Avenue Cabrillo EL GRANADA 5 4/- $1,749,000 3
Pending (Do Not Show) ML81633721 311 Bayhill RD HALF MOON BAY 4 3/- $1,695,000 38
Pending (Do Not Show) ML81631769 182 Cypress Point RD HALF MOON BAY 3 3/0 $1,299,000 26
Pending (Do Not Show) ML81635226 444 Norfolk DR PACIFICA   -/- $1,049,000 15
Pending (Do Not Show) ML81634935 362 Avenue Del Oro EL GRANADA 3 2/- $950,000 26
Pending (Do Not Show) ML81635515 1559 Mizzen LN HALF MOON BAY 4 2/- $899,000 12
Pending (Do Not Show) ML81635418 424 Grand BLVD HALF MOON BAY 3 2/- $879,000 12
Pending (Do Not Show) ML81634855 551 Terrace AVE HALF MOON BAY 3 2/- $875,000 21
Pending (Do Not Show) ML81632432 1537 Terra Nova BLVD PACIFICA 3 3/- $850,000 43
Pending (Do Not Show) ML81635535 227 Winwood AVE PACIFICA 3 2/1 $850,000 12
Pending (Do Not Show) ML81634412 526 Terrace AVE HALF MOON BAY 3 1/1 $839,000 13
Pending (Do Not Show) ML81633716 638 San Carlos AVE EL GRANADA 1 1/- $799,000 40
Pending (Do Not Show) ML81634978 890 Crespi DR PACIFICA 3 1/0 $799,000 13
Pending (Do Not Show) ML81635359 4 Seahaven CT PACIFICA 4 2/- $795,000 15
Pending (Do Not Show) ML81636633 259 Arroyo DR PACIFICA 3 2/- $788,000 8
Pending (Do Not Show) ML81635052 68 Oviedo CT PACIFICA 3 2/- $769,000 11
Pending (Do Not Show) ML81636121 46 NW Gateway DR PACIFICA 4 2/- $749,000 10
Pending (Do Not Show) ML81635585 1212 Escalero AVE PACIFICA 3 2/- $649,999 11
Pending (Do Not Show) ML81635132 991 San Ramon AVE MOSS BEACH   -/- $439,000 18
Pending (Do Not Show) ML81633961 538 Valencia EL GRANADA   -/- $325,000 15
Average       3 2/1 $902,350 18
High       5 4/1 $1,749,000 43
Low       1 1/1 $325,000 3
 
Status MLS ID Address City Bed Bath(F/P)* List Price Sale Price DOM
Sold ML81636843 1450 Alamo ST MONTARA 4 2/1 $2,200,000 $2,212,000 1
Sold ML81632701 175 El Granada BLVD EL GRANADA 3 3/1 $1,775,000 $1,775,000 18
Sold ML81632223 308 Garcia AVE HALF MOON BAY 4 2/1 $1,575,000 $1,587,500 1
Sold ML81635040 1439 Grand AVE PACIFICA 4 3/- $1,500,000 $1,525,000 9
Sold ML81633155 140 Cypress AVE MOSS BEACH 3 2/1 $1,200,000 $1,368,000 6
Sold ML81631726 750 Stetson ST MOSS BEACH 4 3/- $1,195,000 $1,175,000 14
Sold ML81632995 1301 Aspen DR PACIFICA 3 2/1 $1,038,000 $1,110,000 9
Sold ML81634807 1248 Lerida WAY PACIFICA 4 3/- $998,000 $1,135,000 7
Sold ML81632722 212 Lauren AVE PACIFICA 3 2/- $859,000 $890,000 11
Sold ML81634356 909 Fassler AVE PACIFICA 2 2/1 $850,000 $850,000 1
Sold ML81633129 499 Avenue Alhambra EL GRANADA 3 2/- $849,500 $849,500 18
Sold ML81635449 1307 Poplar AVE PACIFICA 3 2/- $849,500 $925,000 6
Sold ML81630684 624-634 Poplar ST HALF MOON BAY   -/- $849,000 $800,000 1
Sold ML81632903 1307 Redwood WAY PACIFICA 3 2/- $849,000 $918,000 14
Sold ML81633655 5063 Palmetto AVE PACIFICA 3 2/- $774,900 $775,000 21
Sold ML81632897 960 Crespi DR PACIFICA 3 1/0 $739,000 $776,000 8
Sold ML81634373 5011 Palmetto AVE #18 PACIFICA 2 1/- $620,000 $682,000 13
Sold ML81633832 210 Amesport LNDG HALF MOON BAY 2 1/- $600,000 $600,000 6
Sold ML81634764 5005 Palmetto AVE #54 PACIFICA 2 1/- $599,999 $599,999 1
Sold ML81634157 1483 Terra Nova BLVD #1483 PACIFICA 2 2/- $589,500 $625,000 4
Sold ML81632364 250 San Mateo RD #39 HALF MOON BAY 2 2/- $160,000 $140,000 16
Average       3 2/1 $984,305 $1,015,143 9
High       4 3/1 $2,200,000 $2,212,000 21
Low       2 1/1 $160,000 $140,000 1
 
Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Canceled ML81636919 351 El Granada BLVD EL GRANADA 3 2/- $1,275,000 1
Canceled ML81632271 441 Granelli AVE HALF MOON BAY 4 3/- $1,000,000 22
Canceled ML81632811 5005 Palmetto AVE #54 PACIFICA 2 1/- $599,999 14
Average       3 2/- $958,333 12
High       4 3/- $1,275,000 22
Low       2 1/- $599,999 1
* Baths: F = Full, P = Partial

 

Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Active ML81634878 2040 Francisco BLVD PACIFICA   -/- $4,400,000 28
Active ML81632666 152 W Point AVE HALF MOON BAY   -/- $2,250,000 68
Active ML81633922 152 W Point AVE HALF MOON BAY 3 2/1 $2,250,000 50
Active ML81637065 2910 Court Of San Marco HALF MOON BAY 5 5/- $2,100,000 6
Active ML81637183 1200 East Montara BLVD MONTARA 4 2/1 $1,998,000 4
Active ML81631977 1288 Sheila LN PACIFICA 3 2/1 $1,699,888 80
Active ML81636364 331 Miramontes AVE HALF MOON BAY 4 3/- $1,360,000 12
Active ML81636920 2805 Champs Elysee BLVD HALF MOON BAY 3 2/- $1,329,000 7
Active ML81634823 3 Misty Harbor CT PACIFICA 3 3/- $1,299,800 29
Active ML81636942 148 Juanita AVE PACIFICA 4 2/- $1,250,000 7
Active ML81636990 939 Ferdinand AVE EL GRANADA 3 2/1 $1,200,000 7
Active ML81636226 1144 Peralta RD PACIFICA 4 3/0 $1,199,000 14
Active ML81634430 314 11th ST MONTARA 3 2/1 $1,160,000 35
Active ML81636900 1233 Lerida WAY #A PACIFICA 6 5/- $1,050,000 8
Active ML81637424 452 3rd ST MONTARA 4 2/1 $1,049,000 2
Active ML81637158 444 2nd AVE EL GRANADA 3 2/- $965,000 4
Active ML81633009 0 Champs Elysee BLVD HALF MOON BAY   -/- $950,000 64
Active ML81633357 275 Edgewood DR PACIFICA 5 3/- $900,000 59
Active ML81637426 1303 Aspen DR PACIFICA 3 2/1 $899,000 2
Active ML81635025 417 Church ST HALF MOON BAY 3 2/- $879,000 26
Active ML81637104 162 Montecito AVE PACIFICA 3 2/1 $859,000 5
Active ML81637131 1343 Redwood WAY PACIFICA 3 3/- $850,000 4
Active ML81633935 890 Etheldore ST MOSS BEACH 3 2/- $799,950 50
Active ML81637107 716 Edgemar AVE PACIFICA 3 2/- $799,000 5
Active ML81636394 1512 Valdez WAY PACIFICA 3 2/- $789,000 11
Active ML81635788 905 Fassler AVE PACIFICA 2 2/1 $788,000 17
Active ML81637345 522 Spindrift WAY HALF MOON BAY 3 1/- $775,000 2
Active ML81634794 490 Talbot AVE PACIFICA 3 3/- $749,000 29
Active ML81634687 486 Andover DR PACIFICA 3 2/- $700,000 30
Active ML81633181 1570 Grand AVE PACIFICA   -/- $650,000 62
Active ML81636845 1033 Oddstad BLVD PACIFICA 2 1/1 $588,000 8
Active ML81632253 900 Oddstad WAY PACIFICA   -/- $549,000 77
Active ML81636360 290 Clifton RD PACIFICA 2 1/- $549,000 12
Active ML81637475 520 Marine BLVD MOSS BEACH   -/- $480,000 2
Active ML81633044 0 Alta Loma RD MONTARA   -/- $450,000 64
Active ML81635323 0 Sonora AVE EL GRANADA   -/- $392,000 23
Active ML81636229 247 San Juan EL GRANADA   -/- $360,000 14
Active ML81634354 31 Seascape DR HALF MOON BAY 2 2/0 $349,000 37
Active ML81634148 50 Ocean View HALF MOON BAY 2 2/- $269,000 45
Active ML81636972 19 Ocean View AVE HALF MOON BAY 2 2/- $258,000 7
Active ML81631806 50 Seascape DR HALF MOON BAY 2 1/- $219,000 81
Contingent ML81632478 120 Carnoustie DR HALF MOON BAY 4 3/1 $1,923,500 73
Contingent ML81635232 435 Valdez AVE HALF MOON BAY 4 3/- $1,400,000 24
Contingent ML81632909 205 Sunset CT PACIFICA 5 3/1 $1,388,000 65
Contingent ML81632693 130 El Granada BLVD EL GRANADA 3 2/1 $999,000 67
Contingent ML81635018 1070 Date MONTARA 3 2/1 $979,950 26
Contingent ML81637102 12 Milagra CT PACIFICA 3 1/- $885,000 5
Contingent ML81635441 712 Arroyo Leon DR HALF MOON BAY 3 2/- $875,000 14
Contingent ML81635042 320 Seaside DR PACIFICA 3 2/- $838,000 25
Contingent ML81634153 1141 Birch ST MONTARA 2 1/- $759,000 45
Contingent ML81636455 42 Amesport LNDG HALF MOON BAY 2 2/- $649,000 11
Contingent ML81634949 469 Pine AVE HALF MOON BAY 2 2/- $578,000 28
Contingent ML81633939 1245 Terra Nova BLVD PACIFICA 2 1/- $549,000 50
Contingent ML81631764 0 San Carlos EL GRANADA   -/- $375,000 82
Contingent ML81633885 0 Valencia Ave EL GRANADA   -/- $340,000 51
Contingent ML81633993 10 Sea Gull WAY HALF MOON BAY 2 2/- $319,000 49
Average       3 2/1 $986,912 31
High       6 5/1 $4,400,000 82
Low       2 1/1 $219,000 2
 
Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Pending (Do Not Show) ML81636321 546 Avenue Cabrillo EL GRANADA 5 4/- $1,749,000 3
Pending (Do Not Show) ML81633721 311 Bayhill RD HALF MOON BAY 4 3/- $1,695,000 38
Pending (Do Not Show) ML81631769 182 Cypress Point RD HALF MOON BAY 3 3/0 $1,299,000 26
Pending (Do Not Show) ML81635226 444 Norfolk DR PACIFICA   -/- $1,049,000 15
Pending (Do Not Show) ML81634935 362 Avenue Del Oro EL GRANADA 3 2/- $950,000 26
Pending (Do Not Show) ML81635515 1559 Mizzen LN HALF MOON BAY 4 2/- $899,000 12
Pending (Do Not Show) ML81635418 424 Grand BLVD HALF MOON BAY 3 2/- $879,000 12
Pending (Do Not Show) ML81634855 551 Terrace AVE HALF MOON BAY 3 2/- $875,000 21
Pending (Do Not Show) ML81632432 1537 Terra Nova BLVD PACIFICA 3 3/- $850,000 43
Pending (Do Not Show) ML81635535 227 Winwood AVE PACIFICA 3 2/1 $850,000 12
Pending (Do Not Show) ML81634412 526 Terrace AVE HALF MOON BAY 3 1/1 $839,000 13
Pending (Do Not Show) ML81633716 638 San Carlos AVE EL GRANADA 1 1/- $799,000 40
Pending (Do Not Show) ML81634978 890 Crespi DR PACIFICA 3 1/0 $799,000 13
Pending (Do Not Show) ML81635359 4 Seahaven CT PACIFICA 4 2/- $795,000 15
Pending (Do Not Show) ML81636633 259 Arroyo DR PACIFICA 3 2/- $788,000 8
Pending (Do Not Show) ML81635052 68 Oviedo CT PACIFICA 3 2/- $769,000 11
Pending (Do Not Show) ML81636121 46 NW Gateway DR PACIFICA 4 2/- $749,000 10
Pending (Do Not Show) ML81635585 1212 Escalero AVE PACIFICA 3 2/- $649,999 11
Pending (Do Not Show) ML81635132 991 San Ramon AVE MOSS BEACH   -/- $439,000 18
Pending (Do Not Show) ML81633961 538 Valencia EL GRANADA   -/- $325,000 15
Average       3 2/1 $902,350 18
High       5 4/1 $1,749,000 43
Low       1 1/1 $325,000 3
 
Status MLS ID Address City Bed Bath(F/P)* List Price Sale Price DOM
Sold ML81636843 1450 Alamo ST MONTARA 4 2/1 $2,200,000 $2,212,000 1
Sold ML81632701 175 El Granada BLVD EL GRANADA 3 3/1 $1,775,000 $1,775,000 18
Sold ML81632223 308 Garcia AVE HALF MOON BAY 4 2/1 $1,575,000 $1,587,500 1
Sold ML81635040 1439 Grand AVE PACIFICA 4 3/- $1,500,000 $1,525,000 9
Sold ML81633155 140 Cypress AVE MOSS BEACH 3 2/1 $1,200,000 $1,368,000 6
Sold ML81631726 750 Stetson ST MOSS BEACH 4 3/- $1,195,000 $1,175,000 14
Sold ML81632995 1301 Aspen DR PACIFICA 3 2/1 $1,038,000 $1,110,000 9
Sold ML81634807 1248 Lerida WAY PACIFICA 4 3/- $998,000 $1,135,000 7
Sold ML81632722 212 Lauren AVE PACIFICA 3 2/- $859,000 $890,000 11
Sold ML81634356 909 Fassler AVE PACIFICA 2 2/1 $850,000 $850,000 1
Sold ML81633129 499 Avenue Alhambra EL GRANADA 3 2/- $849,500 $849,500 18
Sold ML81635449 1307 Poplar AVE PACIFICA 3 2/- $849,500 $925,000 6
Sold ML81630684 624-634 Poplar ST HALF MOON BAY   -/- $849,000 $800,000 1
Sold ML81632903 1307 Redwood WAY PACIFICA 3 2/- $849,000 $918,000 14
Sold ML81633655 5063 Palmetto AVE PACIFICA 3 2/- $774,900 $775,000 21
Sold ML81632897 960 Crespi DR PACIFICA 3 1/0 $739,000 $776,000 8
Sold ML81634373 5011 Palmetto AVE #18 PACIFICA 2 1/- $620,000 $682,000 13
Sold ML81633832 210 Amesport LNDG HALF MOON BAY 2 1/- $600,000 $600,000 6
Sold ML81634764 5005 Palmetto AVE #54 PACIFICA 2 1/- $599,999 $599,999 1
Sold ML81634157 1483 Terra Nova BLVD #1483 PACIFICA 2 2/- $589,500 $625,000 4
Sold ML81632364 250 San Mateo RD #39 HALF MOON BAY 2 2/- $160,000 $140,000 16
Average       3 2/1 $984,305 $1,015,143 9
High       4 3/1 $2,200,000 $2,212,000 21
Low       2 1/1 $160,000 $140,000 1
 
Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Canceled ML81636919 351 El Granada BLVD EL GRANADA 3 2/- $1,275,000 1
Canceled ML81632271 441 Granelli AVE HALF MOON BAY 4 3/- $1,000,000 22
Canceled ML81632811 5005 Palmetto AVE #54 PACIFICA 2 1/- $599,999 14
Average       3 2/- $958,333 12
High       4 3/- $1,275,000 22
Low       2 1/- $599,999 1
* Baths: F = Full, P = Partial

 

 

Real Estate Market Report

by Kathy and Michael Rain - The Rain Team

Take a minute to check out this updated Market Report that summarizes recent real estate activity.  Please keep in mind that values represented are based on current, detailed information from the regional Multiple Listing Service. If you need clarification of any of the figures, or if you wish to take additional steps toward property ownership, please let us know and we would be happy to help.

 

MARKET SNAPSHOT
El Granada, Half Moon Bay, Loma Mar, Montara, Moss Beach, Pescadero
As Of 1/24/2017

 


MARKET SUMMARY
El Granada, Half Moon Bay, Loma Mar, Montara, Moss Beach, Pescadero
As Of 01/24/2017

 

Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Active ML81614937 4931 Pescadero Creek RD PESCADERO 3 2/- $6,200,000 130
Active ML81626019 390 Pigeon Point RD PESCADERO 2 2/- $3,500,000 121
Active ML81631629 331 Kelly AVE HALF MOON BAY 3 2/- $2,600,000 75
Active ML81612996 3999 Willowside Ranch RD PESCADERO 3 2/1 $2,349,900 141
Active ML81633922 152 W Point AVE HALF MOON BAY 3 2/1 $2,250,000 41
Active ML81628749 118 Carnoustie DR HALF MOON BAY 4 3/- $1,859,000 100
Active ML81628771 116 Carnoustie DR HALF MOON BAY 4 3/- $1,829,000 100
Active ML81636321 546 Avenue Cabrillo EL GRANADA 5 4/- $1,749,000 4
Active ML81629512 81 Turnberry RD HALF MOON BAY 4 3/- $1,700,000 95
Active ML81635852 4399 Pescadero Creek RD PESCADERO 3 2/- $1,499,000 8
Active ML81631027 731 El Granada EL GRANADA 3 2/1 $1,498,000 81
Active ML81627489 205 Farallone AVE MONTARA 4 2/1 $1,495,000 111
Active ML81636364 331 Miramontes AVE HALF MOON BAY 4 3/- $1,360,000 3
Active ML81634430 314 11th ST MONTARA 3 2/1 $1,210,000 26
Active ML81634420 408 Roosevelt BLVD HALF MOON BAY 3 3/- $1,100,000 26
Active ML81634935 362 Avenue Del Oro EL GRANADA 3 2/- $999,000 19
Active ML81635018 1070 Date MONTARA 3 2/1 $979,950 17
Active ML81626954 560 Wurr RD LOMA MAR 3 2/0 $899,000 114
Active ML81629567 668 Buena Vista ST MOSS BEACH 3 2/- $899,000 93
Active ML81635515 1559 Mizzen LN HALF MOON BAY 4 2/- $899,000 12
Active ML81635025 417 Church ST HALF MOON BAY 3 2/- $879,000 17
Active ML81635418 424 Grand BLVD HALF MOON BAY 3 2/- $879,000 13
Active ML81634855 551 Terrace AVE HALF MOON BAY 3 2/- $875,000 19
Active ML81635441 712 Arroyo Leon DR HALF MOON BAY 3 2/- $875,000 5
Active ML81633935 890 Etheldore ST MOSS BEACH 3 2/- $799,950 41
Active ML81634153 1141 Birch ST MONTARA 2 1/- $759,000 36
Active ML81629564 701 Madrone AVE PESCADERO 2 2/- $650,000 94
Active ML81600979 914 The Alameda EL GRANADA 1 1/- $525,000 157
Contingent ML81632478 120 Carnoustie DR HALF MOON BAY 4 3/1 $1,923,500 64
Contingent ML81633721 311 Bayhill RD HALF MOON BAY 4 3/- $1,695,000 44
Contingent ML81626856 420 1st AVE HALF MOON BAY 4 3/- $1,625,000 116
Contingent ML81635232 435 Valdez AVE HALF MOON BAY 4 3/- $1,400,000 15
Contingent ML81615009 843 Stetson ST MOSS BEACH 5 3/- $1,182,500 129
Contingent ML81632693 130 El Granada BLVD EL GRANADA 3 2/1 $999,000 58
Contingent ML81633716 638 San Carlos AVE EL GRANADA 1 1/- $799,000 44
Average       3 2/1 $1,506,880 62
High       5 4/1 $6,200,000 157
Low       1 1/1 $525,000 3

 

Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Pending (Do Not Show) ML81631769 182 Cypress Point RD HALF MOON BAY 3 3/0 $1,299,000 26
Pending (Do Not Show) ML81633129 499 Avenue Alhambra EL GRANADA 3 2/- $849,500 18
Pending (Do Not Show) ML81614461 644 Poplar ST HALF MOON BAY 4 2/- $849,000 44
Pending (Do Not Show) ML81634412 526 Terrace AVE HALF MOON BAY 3 1/1 $839,000 13
Average       3 2/1 $959,125 25
High       4 3/1 $1,299,000 44
Low       3 1/1 $839,000 13

 

Status MLS ID Address City Bed Bath(F/P)* List Price Sale Price DOM
Sold ML81626903 10721 Cabrillo HWY PESCADERO 4 3/1 $6,875,000 $6,875,000 18
Sold ML81600432 100 14th ST MONTARA 1 1/1 $3,000,000 $2,675,000 64
Sold ML81613231 839 Linda Vista ST MOSS BEACH 5 4/- $2,498,000 $2,498,000 34
Sold ML81627320 3100 Lobitos Creek RD HALF MOON BAY 4 3/1 $2,065,000 $2,065,000 1
Sold ML81614723 200 Valencia ST HALF MOON BAY 5 3/- $1,999,000 $2,000,000 24
Sold ML81612379 775 Railroad AVE HALF MOON BAY 4 2/1 $1,995,000 $2,150,000 8
Sold ML81629467 14 Ashdown PL HALF MOON BAY 3 3/1 $1,795,000 $1,725,000 32
Sold ML81632701 175 El Granada BLVD EL GRANADA 3 3/1 $1,775,000 $1,775,000 18
Sold ML81632223 308 Garcia AVE HALF MOON BAY 4 2/1 $1,575,000 $1,587,500 1
Sold ML81601002 551 Highland AVE HALF MOON BAY 6 3/1 $1,499,000 $1,475,000 42
Sold ML81614464 401 Nevada AVE MOSS BEACH 3 2/0 $1,450,000 $1,450,000 1
Sold ML81615055 260 Paloma AVE EL GRANADA 4 2/1 $1,299,000 $1,280,000 19
Sold ML81601501 630 Ferdinand AVE EL GRANADA 4 2/1 $1,295,000 $1,288,000 20
Sold ML81614958 840 Lincoln ST MOSS BEACH 5 3/0 $1,278,000 $1,264,000 28
Sold ML81631535 407 THE ALAMEDA EL GRANADA 4 3/1 $1,275,000 $1,255,000 13
Sold ML81599288 608 Silver AVE HALF MOON BAY 4 3/1 $1,225,000 $1,300,000 9
Sold ML81633155 140 Cypress AVE MOSS BEACH 3 2/1 $1,200,000 $1,368,000 6
Sold ML81631726 750 Stetson ST MOSS BEACH 4 3/- $1,195,000 $1,175,000 14
Sold ML81614329 21 Merion RD HALF MOON BAY 3 2/1 $1,188,000 $1,130,000 42
Sold ML81630835 770 Moro AVE EL GRANADA 3 2/1 $1,180,000 $1,160,000 12
Sold ML81625911 545 Palma ST EL GRANADA 3 2/- $1,109,858 $1,045,000 33
Sold ML81625830 491/493 Laurel AVE HALF MOON BAY 5 3/- $1,100,000 $1,100,000 85
Sold ML81626612 162 Sevilla AVE EL GRANADA 3 2/1 $1,100,000 $1,100,000 14
Sold ML81629327 296 5th ST MONTARA 4 3/- $1,100,000 $1,050,000 42
Sold ML81627594 613 Palma ST EL GRANADA 4 3/- $1,050,000 $1,023,750 15
Sold ML81613665 422 Avenue Cabrillo EL GRANADA 4 2/- $1,025,000 $1,010,000 69
Sold ML81612659 2320 Winged Foot RD HALF MOON BAY 3 2/- $1,020,000 $1,050,000 16
Sold ML81630700 1107 Columbus ST EL GRANADA 3 2/- $999,000 $1,025,000 8
Sold ML81627013 425 5th AVE HALF MOON BAY 3 2/1 $939,000 $900,000 66
Sold ML81626604 531 Lancaster BLVD MOSS BEACH 3 2/1 $930,000 $907,000 20
Sold ML81612626 831 Columbus ST EL GRANADA 3 2/- $899,000 $910,000 17
Sold ML81613105 1340 Stage RD PESCADERO 3 1/- $899,000 $899,000 37
Sold ML81613562 423 Vermont AVE MOSS BEACH 3 2/- $899,000 $870,000 73
Sold ML81613974 363 Columbus ST EL GRANADA 3 2/- $899,000 $890,000 9
Sold ML81626949 679 Kelmore ST MOSS BEACH 3 2/- $899,000 $950,000 8
Sold ML81627332 137 Avenue Granada EL GRANADA 3 2/- $899,000 $915,000 39
Sold ML81628550 771 Kelmore ST MOSS BEACH 4 2/1 $899,000 $875,000 21
Sold ML81611936 210 Farallone AVE MONTARA 3 2/1 $889,000 $900,000 12
Sold ML81626510 327 Filbert ST HALF MOON BAY 4 2/- $875,000 $865,000 20
Sold ML81626926 130 Bridgeport DR HALF MOON BAY 3 2/- $870,000 $860,000 11
Sold ML81626923 659 Grove ST HALF MOON BAY 3 3/- $849,000 $812,500 55
Sold ML81599887 141 Harbour DR HALF MOON BAY 3 2/- $848,000 $858,000 22
Sold ML81614468 909 Etheldore ST MOSS BEACH 4 3/0 $825,000 $825,000 1
Sold ML81601008 521 E Terrace AVE HALF MOON BAY 3 2/0 $809,000 $800,000 54
Sold ML81611855 461 Cypress AVE MOSS BEACH 2 1/- $799,000 $799,000 44
Sold ML81613572 508 8th ST MONTARA 3 2/- $798,000 $850,000 10
Sold ML81600780 338 Virginia AVE MOSS BEACH 3 1/1 $749,000 $749,000 64
Sold ML81613983 160 Keel CT HALF MOON BAY 2 1/- $748,000 $748,000 11
Sold ML81626357 1201 Audubon AVE MONTARA 2 1/- $748,000 $754,000 13
Average       3 2/1 $1,308,854 $1,302,770 26
High       6 4/1 $6,875,000 $6,875,000 85
Low       1 1/1 $748,000 $748,000 1

 

Status MLS ID Address City Bed Bath(F/P)* List Price DOM
Canceled ML81600629 407 THE ALAMEDA EL GRANADA 4 3/1 $1,288,888 79
Canceled ML81632271 441 Granelli AVE HALF MOON BAY 4 3/- $1,000,000 22
Canceled ML81611730 526 Terrace AVE HALF MOON BAY 3 2/- $829,000 70
Expired ML81614948 2200 Cabrillo HWY HALF MOON BAY 3 2/- $1,189,888 70
Expired ML81615054 362 Avenue Del Oro EL GRANADA 3 2/- $999,000 104
Expired ML81626827 315 Valencia AVE EL GRANADA 3 2/- $928,000 110
Withdrawn/Temporary Off Market ML81629348 6225 Pescadero Creek RD PESCADERO 3 2/1 $1,700,000 35
Withdrawn/Temporary Off Market ML81627738 202 11th ST MONTARA 4 3/- $1,698,000 69
Withdrawn/Temporary Off Market ML81633215 448 Correas ST HALF MOON BAY 3 2/1 $1,260,000 25
Withdrawn/Temporary Off Market ML81613993 508 Myrtle ST HALF MOON BAY 2 1/- $899,000 68
Withdrawn/Temporary Off Market ML81627198 439 Sonora AVE EL GRANADA 3 2/- $570,000 3
Withdrawn/Temporary Off Market ML81626556 210 Redwood Ave PESCADERO 3 1/- $499,000 75
Average       3 2/1 $1,071,731 61
High       4 3/1 $1,700,000 110
Low       2 1/1 $499,000 3

The Cost of a Down Payment

by Kathy and Michael Rain - The Rain Team

By Mike James, President Coldwell Banker Residential Brokerage

Saving for a down payment can often be challenging for first-time homebuyers, particularly in high-cost areas like Northern California, and it is likely an issue that most consumers carefully weigh before the housing hunt begins.

A recent report outlined just how much homebuyers would need to save for a 20 percent down payment in major metropolitan markets across the country. Not surprisingly, some of the largest down payments are required in markets throughout California.

A median-priced home in the U.S. is $192,500, which means buyers need $38,500 for a 20 percent down payment, according to the report by Zillow. But in most market areas in California, the down payment cost is much higher and the income burden is greater. In fact, metro areas in California were among the cities where homebuyers needed to save the highest percentage of income to cover a 20 percent down payment.

For homebuyers in areas like San Jose, San Francisco and Los Angeles, saving a year’s worth of income wouldn’t even cover a 20 percent down payment, according to the report. Buyers in those markets need to save at least 180 percent of the average income in those cities.

In San Jose, for example, the median 20 percent down payment translates to $192,320. That represents 182 percent of the average income and is roughly the same as the median price for a home in the U.S.

San Francisco-area buyers are faced with a median 20 percent down payment of $164,920, which is 180 percent of the average income.

Buyers in Sacramento need $70,040 for a 20 percent down payment, which is about 108 percent of the average income.

The down payments are particularly steep when compared to the nation as a whole: the average American homebuyer sets aside two-thirds of his or her annual income to make that 20 percent down payment.

“It’s a big number,” Zillow Senior Economist Aaron Terrazas told CNN Money. “Very few are saving for a down payment in one year, it’s something they do over multiple years. And for renters who have been faced with rising rent and health care costs, it’s very difficult to put away any money at all.”

There are programs to assist first-time homebuyers, particularly those that offer smaller down payment requirements. While it is possible to put down less than 20 percent, that often translates to a higher interest rate and the extra cost of private mortgage insurance for homebuyers.

“Saving enough cash for a down payment is a major barrier to homeownership, especially in expensive markets, where a 20 percent down payment can cost nearly $200,000,” said Zillow Chief Marketing Officer Jeremy Wacksman. “While it’s possible to buy a house with a smaller down payment, 20 percent ensures the best rates. As important as it is to find a monthly payment you can afford, some buyers’ budgets will come down to the amount of cash they can bring to the table.”

Here’s what our local Northern California offices had to say about market conditions as we started the new year:

East Bay – The East Bay market has had limited inventory and steady buyer demand and sales activity. Almost every property is receiving multiple offers because of the low number of homes available for sale, our Oakland manager reports, and buyers are eagerly waiting for more homes to come on the market. In fact, the office had 5 multiple offers. Sales associates have multiple buyers and many of them are looking for the same home, she added. The Oakland office has observed that many properties are being repaired and staged to be listed in the future, possibly by March.

Monterey County – Rain was a big factor in the area in the first weeks of January, but that hasn’t deterred sales associates and consumers. Buyers are looking in all price points and “sellers that have been waiting for the new year seem to be ready to get serious about selling,” says the manager of our Monterey Peninsula offices. A $10 million-plus property went into escrow this past week. There is limited inventory in the mid-level million-dollar price point.

North Bay – Pent-up buyer demand and low inventory continue to affect the North Bay area. However, a “surge” of new listings is expected in the Greenbrae and Southern Marin offices in coming weeks after the Super Bowl, our office managers report. The market is so short on supply that it has created an “off market” supply that is equal to almost 25 percent of all transactions in January, our Southern Marin manager reports. The office had 18 open houses and 10 properties under contract. Many buyers missed out on the opportunity to buy last year in Marin County, our Greenbrae manager said, so there could be a bump up in sales as new inventory comes on the market. The Greenbrae office had 7 open houses and 8 properties under contract. The high-end sector has also seen some activity, with new multi-million dollar listings coming on the market in January and February, and 2 $5 million homes going into escrow during the last week, said our Southern Marin office manager.

Placer County – Open house activity was slow in the first two weeks of the year because of the heavy rains and flooding, our Auburn manager explained, but listing inventory is steady and there were 3 multiple offers and 7 homes under contract. A majority of buyers are coming from the Bay Area, especially San Jose and Marin, because Auburn and the surrounding communities offer more affordable housing options, she said. Conditions in the Previews® luxury market are basically unchanged since December. High-end properties are being shown although the majority are overpriced, according to the Auburn manager, and several luxury listings will be hitting the MLS in upcoming weeks and months.

Sacramento County – Listing inventory is on the rise and sales are declining, according to both our Folsom and Sacramento Fair Oaks managers. However, the Fair Oaks office reported 6 multiple offers and 7 properties under contract. The office also had 19 open houses. The offices in the region are gearing up for the spring selling season.

San Francisco – The start of the new year was marked by a bump-up in listings. Total inventory was 30 percent higher compared to a year earlier, shares our Lombard office manager, but sales and buyer traffic have lagged. Entry-level priced homes and fixer uppers are seeing the biggest demand, while the mid- to upper-priced condos have seen the largest number of price reductions, he said, with two-thirds of closed condo transactions selling at or under asking price.  The Lombard office had 2 multiple offers and 3 properties under contract. With mortgage interest rates expected to climb this year, open houses and broker tours have been well attended, and sellers are noticing increased demand and not waiting until the Super Bowl to sell in hopes of “catching a more-than-ready and able buyer,” according to our Market office manager.

San Francisco Peninsula – There was a significant slowdown in activity, due in part to the holidays and inclement weather, with our Burlingame, Burlingame North, Half Moon Bay, Palo Alto Downtown, and Redwood City managers reporting that sales activity decreased. Several offices in region held open houses during the last two weeks – 6 in the Burlingame office, 4 each in the Burlingame and Half Moon Bay offices, and 2 in the Palo Alto Downtown office. Demand seems to be healthy. Our Redwood City manager says there are still a lot of buyers, with very limited inventory, and both the Half Moon Bay and Burlingame offices dealt with multiple offers (2 each).

Santa Cruz County – The Santa Cruz area has seen a decline in overall sales but an increase in sales activity in the high-end market. Inventory is steady when compared to the level of listings a year earlier, however sales are off by about 25 percent. Previews® luxury property sales, on the other hand, have climbed, with 15 more unit sales recorded compared to the same period last year. Open house activity is on the rise in the region.

Silicon Valley – The new year has started off on a strong note, with sales activity and prices picking up in some parts of Silicon Valley. Gains in inventory are starting to emerge, but inventory is still not sufficient to meet the robust buyer demand in most areas. There are currently only 32 active listings in all of Willow Glen with only 3 of those listings priced under $1 million. Sales associates are reporting heavy traffic at open houses and strong buyer demand, says the San Jose Willow Glen manager. Many of the homes that had been lingering on the market have either gone off the market or have been absorbed, said our Los Altos office manager, and there is a little more than a month’s worth of inventory. With such a limited number of homes available for sale, properties are still receiving multiple offers and some are going for over the asking price. Average sales prices climbed in multiple communities, according to our San Jose Almaden office manager. The average sales price so far for January in Almaden is $1,216,000, which is 4 percent higher than January 2016 ($1,169,000).  Blossom Valley’s average sales price is up 9 percent to $695,000 in January 2017 compared to $633,000 in January 2016.  Santa Teresa had the largest increase of average sales price in January.  It is currently $829,000, which is 23 percent higher than the $674,000 average sales price recorded a year earlier.  Cambrian was down with an average sales price of $883,000 from $1,024,000 in January 2016 ( -14 percent).  The luxury market — homes priced over $3.5 million — is steady but somewhat flat with days on market and inventory creeping up; frenzy bidding and/or multiple offers is the exception as opposed to the rule, shared our Los Gatos manager.

South County – Listings are down and sales have been slow and flat since the beginning of December in South County. The holiday season, coupled with the election and economic uncertainty that goes along with it, and the perception that mortgage interest rates are on the rise, has caused sellers and buyers to postpone or delay their real estate decisions. “The old saying that the real estate market doesn’t hit its stride until after the Super Bowl seems to ring true this year,” says our Gilroy & Morgan Hill manager. The office had 7 open houses and 10 properties under contract.

Contact us via email or give us a call at (650) 888-6903 with any of your real estate needs or questions.

The Rain Team offers unparalleled service to ALL clients in the San Mateo County, including areas such as Half Moon Bay, El Granada, Moss Beach, Montara, and Pacifica. Your complete satisfaction with our service and representation is our number one priority.

 

 

Mike James
President
Coldwell Banker Residential Brokerage

Home Maintenance Tips For Coastside Homeowners After The Storms

by Kathy and Michael Rain - The Rain Team

With the old adage “Rain Rain Go Away” on the minds of many coastside residents this past week, The Rain Team is here to help your problems go away and  to give you some useful tips to help during the stormy weather.  After heavy amounts of rainfall and strong winds hitting the coast over the past week, homeowners need to inspect their homes for any signs of damage. Here are a few things every homeowner needs to do as a result of all the storms we have had recently.

Inspect For Standing Water

Dependent on the grades and slopes around your coastside home, there may be standing water underneath it due to the heavy rain and winds we have recently experienced.  Standing water underneath your home could cause structural problems. If you find that you have standing water under your home contact a foundation specialist.

Roof Inspection

Strong winds can damage your home’s roof. Inspect your roof for any broken or missing tiles.  Have any damage fixed as soon as possible to prevent water from finding its way into your home causing further damage.

Gutters

If debris found its way into your gutters during the storms, they could be clogged. Inspect your gutters for debris and damage. If your gutters are clogged it could lead to water finding its way under the eaves and down the exterior walls of your home.  Remove any debris from gutters. It may be time to replace them if they are dipping.

Sump Pump

Your home’s sump pump draws water that collects beneath your home and pushes it away from your house.  If you have a sump pump in your home, test it by pouring water down it and it should pump it right back out. If it doesn’t, it could be backed up or broken and needs to be fixed to prevent flooding in your home.

Trim Shrubs

Shrubs around your home that have grown out of control could have caused damage to your home during the recent storms.  Inspect your home’s exterior for any damage from shrubs and then trim them. Now would also be a good time to prune tree branches that hang over your home to prevent them from falling on your home during future storms.

French Drains

If your lawn has a steep slope you may have a French drain system  - or need one. The job of a French drain is to manage the water at ground level.  After a storm you want to make sure that the screen vents near your home have not become loose or have holes in them.  Inspect your French drains for clogged debris.

Contact us via email or give us a call at (650) 888-6903 with any of your real estate needs or questions.

The Rain Team offers unparalleled service to ALL clients in the San Mateo County, including areas such as Half Moon BayEl GranadaMoss Beach, Montara, and PacificaYour complete satisfaction with our service and representation is our number one priority.

 

The Latest Coastside Real Estate Market Report

by Kathy and Michael Rain - The Rain Team

Here is an updated Market Report summarizing recent real estate activity in our area. Please keep in mind that the values represented are based on current, detailed information from the regional Multiple Listing Service. If you need clarification on any of the figures or if you wish to take additional steps toward property ownership, please let us now. We are happy to help.

MARKET REPORT As Of 01/10/2017

El Granada, Half Moon Bay, Loma Mar, Montara, Moss Beach, Pescadero

MARKET Summary
El Granada, Half Moon Bay, Loma Mar, Montara, Moss Beach, Pescadero
As Of 01/10/2017

View the complete report with all the current listings and their status here.

 

2017 Has Arrived. How to Stop Procrastinating so You’re Ready for Anything!

by Kathy and Michael Rain - The Rain Team

We were called by a Coastal family last year that was ready to list their home.  They had spent one year organizing everything in their house because they had lived there over 25 years.  The garage had storage racks in rows with plastic boxes neatly arranged and labeled.  The inside of the house was as decluttered as they could make it and still live comfortably.  Now they were ready to move on to the next phase of their lives. 

1 Year may seem like a long time to some of us or not long enough to others.  The important point is to use the new year as a fresh start to getting your life in order.  Whether you’re thinking of moving now or in the days ahead – NOW is the time to stop procrastinating.

What to do first?  When you have lived in house a long time a lot gets accumulated.  Start by taking out 5 different color post it notes.  Label the notes - Throw-out, Family, Garage Sale, Keep, Donate.  This process can take a while.  You will likely find yourself rearranging the post its from item to item once you find out your family doesn’t want an item or you decide you don’t want to keep something.

Throwing away is a good first step.  Usually people have a garage sale in the Spring when the weather is good.  If you are thinking of selling in 2017, have your garage sale ASAP.  Get a head start on all the procrastinators on the Coast. Schedule your family to come and get their items.  Call to get donated items picked up or plan on loading the car and driving to a drop off location.

When you get to this point, CALL US.  Now is the time to get advice and help on staging.  As an accredited stager, we can give you all the guidance you need using your own furnishings.  Staging consultations typically cost $500 not to mention the standard $3000-$4000 minimums to do staging.   We provide you a free consultation and most often our sellers elect to not use a professional stager after we help them rearrange their own furnishings.

Below are some general tips for preparing your home inside and out.  Let us know how things are going with your organizing.  If you find you need a professional organizer, we know a few of those you can hire to help you.

Just Call our direct lines - Kathy 650-888-6903 or Michael 650-888-6361.

Make 2017 your Best Year Yet.  Kathy and Michael

 

Want To Sell Your Coastside Home This Spring?  Here Are 4 Ways To Get Ready

It may be winter, but spring will be here before we know it and traditionally it has marked the beginning of home selling and buying season.  Homes along the coast are bought and sold throughout the year, but it seems during spring we see more homes on the market and more buyers out looking to buy. If you are wanting to sell your coastside home this spring, here are 4 things you can do to get your home ready for the market. 

Clear Away Clutter

Now that the holidays are over you may have discovered you have more stuff than you have room for. Now is the time to start to declutter. Start viewing your home through the eyes of a potential buyer.  Remove any oversized furniture you have and clean off all shelves and countertops of clutter. If you have ever toured a model home, what you won’t find are stacks of magazine or children’s artwork hung throughout the home.  While we all can’t have a model home, buyers want to be able to envision themselves living in your home when they tour it.

Small Home Improvements

A major home improvement or an expensive renovation may not make sense right before you plan to move, but there may be small home improvement projects you can do now that will help your coastside home sell for top dollar this spring.  Small things such as replacing the caulk and grout between your tiles can freshen up a room and make it appear new. Updating a kitchen or bathroom with new faucets or fixtures can be affordable and modernize your home.   A fresh coat of paint in a room or even on the entryway door can make a home more appealing. If you ‘re already working with a real estate agent, ask them what small things you can tackle in your home now so that it will sell quickly and for top dollar this spring.

Pack

It may seem like jumping the gun, but start packing now.  Packing is something you will have to do eventually, so why not get a start now and start packing away those things you don’t use routinely. For instance, start going through your garage, basements or attic and getting rid of things you no longer need and packing up what you will take with you to your new coastside home.  By packing up items now and moving them to a storage facility, your home will appear larger and also neater which will help your home show well.

Depersonalize

Like we mentioned before, buyers want to be able to envision themselves living in your home. To help buyers achieve the vision of living in your home while touring it depersonalize the space.  Remove any family pictures from the walls, pack away those awards and trophies, and fill that space with neutral art work.

Choosing to sell your coastside home may be one of the largest financial decisions you may ever make.  If you’re not already working with a real estate agent we would be happy to meet with you and help you throughout every step of the process.  Give us a call or contact us here today.

 

Market Report

by Kathy and Michael Rain - The Rain Team

Take a minute to check out this updated Market Report that summarizes recent real estate activity.  Please keep in mind that values represented are based on current, detailed information from the regional Multiple Listing Service. If you need clarification of any of the figures, or if you wish to take additional steps toward property ownership, please let us know and we would be happy to help.

MARKET SNAPSHOT
El Granada, Half Moon Bay, Loma Mar, Montara, Moss Beach, Pescadero
As Of 12/20/2016

CURRENTLY FOR SALE

Avg. Days on Market:

63 Days

Listings Currently for Sale:

30

Newest Listing:

12/15/2016

Shortest/Longest:

6 Days / 141 Days

PENDING LISTINGS

Avg. Days on Market:

38 Days

Pending Listings:

10

Shortest/Longest:

6 Days / 85 Days

RECENTLY SOLD

Avg. Days to Sell:

21 Days

Total Sales:

46

Last Sale:

12/13/2016

Shortest/Longest:

1 Days / 69 Days

Months of Supply:

2.14**

**Estimated time to sell current listing inventory.
6 months is considered a balanced market

Click on data points to access interactive map.

PROPERTIES ON THE MARKET

MARKET PRICE TREND

MARKET HEAT INDEX


Properties on the market | Number of properties listed for sale 
Average Sales Price | Average sales price for all properties sold. 
Average Sales Price | Average sales price for all properties listed for sale. 
Days on Market | Average days on market for all properties sold.

 

MARKET SUMMARY
El Granada, Half Moon Bay, Loma Mar, Montara, Moss Beach, Pescadero
As Of 12/20/2016

Status

MLS ID

Address

City

Bed

Bath

Yr. Built

List Price

DOM

Active

ML81614937

4931 Pescadero Creek RD

PESCADERO

3

2

1952

$6,200,000

95

Active

ML81626019

390 Pigeon Point RD

PESCADERO

2

2

1900

$3,500,000

86

Active

ML81631629

331 Kelly AVE

HALF MOON BAY

3

2

1950

$2,600,000

40

Active

ML81612996

3999 Willowside Ranch RD

PESCADERO

3

2

2007

$2,349,900

106

Active

ML81633922

152 W Point AVE

HALF MOON BAY

3

2

2007

$2,250,000

6

Active

ML81632478

120 Carnoustie DR

HALF MOON BAY

4

3

2016

$1,923,500

29

Active

ML81628749

118 Carnoustie DR

HALF MOON BAY

4

3

2016

$1,859,000

65

Active

ML81628771

116 Carnoustie DR

HALF MOON BAY

4

3

2016

$1,829,000

65

Active

ML81629512

81 Turnberry RD

HALF MOON BAY

4

3

2001

$1,700,000

60

Active

ML81633721

311 Bayhill RD

HALF MOON BAY

4

3

2012

$1,695,000

9

Active

ML81626856

420 1st AVE

HALF MOON BAY

4

3

1973

$1,625,000

81

Active

ML81598879

2205 Higgins Canyon RD

HALF MOON BAY

4

3

1974

$1,595,000

136

Active

ML81631027

731 El Granada

EL GRANADA

3

2

2003

$1,498,000

46

Active

ML81627489

205 Farallone AVE

MONTARA

4

2

2002

$1,495,000

76

Active

ML81633215

448 Correas ST

HALF MOON BAY

3

2

1989

$1,260,000

17

Active

ML81632693

130 El Granada BLVD

EL GRANADA

3

2

1966

$999,000

23

Active

ML81626827

315 Valencia AVE

EL GRANADA

3

2

1963

$948,000

82

Active

ML81626954

560 Wurr RD

LOMA MAR

3

2

1975

$899,000

79

Active

ML81629567

668 Buena Vista ST

 
 

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