April 2020 Home Sales San Mateo County
Andrew@LivingEstatesRealty.com
Market Snapshot April 2020

The SIP (Shelter in Place) order took the inventory of available homes down and the volume of homes sold, yet certain cities in San Mateo County showed strong closed sale prices. Others at the high end or further out did not fare as well in sold price. The "Days on Market" clock will start again on May 16th. This will let viewers know how long a home has been on the market. Demand is there because there are not mass layoffs and mortgage rates are low. Supply is still limited by the SIP order. As we open up the economy, May, June and July will tell whether we have pent up buyer demand along with willing sellers who may have utilized the time to prepare for a sale! Whether you are planing to sell, purchase or to lease a home, reach out today and let's exchange more about safety and success in a strategy to achieve your real estate goals.
JOINT PRESS RELEASE Shelter in Place Through May 3 To Relieve Hospital Load, Real estate and funeral homes deemed essential services. Avoid going out, extreme social distance, get tested and notify those around you if symptomatic, do not touch face, clean touch point surfaces. Those desiring a move or sale of their property amid the SARS-COV-19 outbreak can do so confidently and effectively with Living Estates Realty.