Half Moon Bay to Montara Market Area
As of 10/6/2006

Active Listings

There are currently 115 Active listings. Of those:

46 are in Half Moon Bay
30 are in El Granada
11 are in Moss Beach
27 are in Montara

Pending Sale

There are 26 properties that are Pending Sale. Of these:

18 properties are listed under $1M
8 are listed over $1M.

Properties that are currently Pending Sale have an average of 90 Days on the Market before they converted to the Pending Sale status.

Sold Properties

In the month of September, 19 properties closed escrow. Of these:

11 were listed under $1M
 6 were over $1M.

Of these properties that closed:

9 are in Half Moon Bay
9 are in El Granada
1 is in Montara

For these, it took 58 Days on the Market before they went to pending sale status.

What we see is that the Pending Sales are averaging 90 Days on the Market, while the Closed Sales averaged 58 Days on the Market. It is taking longer for properties to receive an acceptable offer to the Sellers and convert to Sale Pending.

Pacifica - Quick Facts

83 Active properties
20 Properties that are Pending Sale
Only 1 property is listed for over $1M.
Pending Sales have averaged 44 Days on the Market.
24 properties closed
20 Properties were under $1M
4 Properties were over $1M
Average Days on Market was 32.5 days