San Mateo Countywide SP/LP% for November 2014

SM SPLP

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.

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