San Mateo County Cities
- 9 out of 10 cities evaluated had sales closings at over asking price in Nov 2014.
- The situation was similar in Nov 2013 with 9 out of 10 cities havings sales over asking.
- Average SP/LP % ( Sales Price/List Price %) in Nov 2013 was 99.78% and average SP/LP% in Nov 2014 was 102.48%.
- Overall: The increase is substantial indicating strong buyer demand coupled with low inventory.