- Lisa M. Lum, REALTOR®
- Posts
- Inside Real Estate
🍁 Hello Neighbors 🏡
November has arrived, bringing with it the crisp air of autumn, warm moments with friends and family, and a golden opportunity for those considering selling their homes. Much like stumbling upon a hidden gem at the local fall festival, the late fall and early winter months offer a unique chance to make your home stand out. With fewer homes on the market, serious buyers are still out there, and a few thoughtful touches can make your property shine even brighter.
Speaking of timing, now is the perfect moment to get strategic. With motivated buyers eager to move before winter truly sets in, this season holds real potential for a savvy move. 🍂✨
Here’s how I can help:
For Buyers: Want to skip the bidding wars? Let’s find that cozy home just waiting to be discovered. Now’s the perfect time to secure your spot before the holiday rush.
For Sellers: Curious if this is your season to list? Reach out for a personalized market analysis and tips to make your home a standout listing this winter.
November is more than pumpkin pie and gatherings — it's about smart moves in real estate. Let’s connect if you’re ready to make your next move!
- Lisa
San Mateo County - Market Housing Statistics
Single Family Residential | October 2024
In San Mateo County, the median Single Family home cost $1,900,000 and sold in 12 days for 105% of the list price based on 359 sales in October 2024.
Inventory was 448 down -15% from September and down -16% from October 2023.
Number of new listings for the month of October were down -15% over September, and up 7% from October of last year.
Closed sales increased 9% from September from 328 to 359, Closed sales were up 18% from October 2023.
Santa Clara County - Market Housing Statistics
Single Family Residence and Condo/Townhome | October 2024
In Santa Clara County, the median Single Family home cost $1,960,101 and sold in 9 days for 106% of the list price based on 764 sales in October 2024.
● Inventory was 784 down -14% from September and up 13% from October 2023.
● Number of new listings for the month of October was down -16% over September, and up 19% from October of last year.
● Closed sales were up 20% from September from 637 to 764, and up 18% from October 2023.
 | November Market UpdateCurious about the latest market trends? Here’s what you need to know for smart real estate decisions ... |
 | Could Portola Valley Rival Woodside's Prestige?How does Portola Valley’s $18.8M record-breaking home sale impact its financial and housing market challenges? While it narrows the pricing gap with upscale neighbor Woodside, reports of financial woes and mandates to build low-income units add complexity to its real estate landscape ... |
 | Daniel Lurie, Next Mayor of San Francisco, Pushes for Housing Development AgendaWith plans to accelerate development, exempt multifamily projects from transfer taxes, and reduce project fees, Daniel Lurie aims to address affordability and expedite construction. ... |
 | How Will California Home Prices React to the White House Switch?What impact will a change in presidential power have on California home prices and mortgage rates? Expect modest housing price changes but monitor mortgage rates … |
 | California Voters Reject Prop. 33, Halting Expanded Rent ControlWhat does this mean for California renters? The Costa-Hawkins Act remains, keeping limits on rent control expansion intact ... |
 | SB-326 Effective January 1, 2025What does SB-326 mean for condo associations? It requires regular balcony inspections, quick reporting of safety issues, and more ... |
 | Why Bay Area Multifamily Owners Are Embracing ADUsHow are homeowners turning spaces into revenue-generating apartments? Statewide changes have spurred a wave of ADU conversions in garages, greenways, and storage areas … |
 | Toys for TotsJoin Coldwell Banker Realty in supporting the Toys for Tots Program and give the gift of joy this holiday season. |
 Download Your FREE Buyer's Roadmap to Homeownership |  Maximize Your Home Sale with This FREE Seller's Roadmap |
 M: (650) 668-1868 | Lisa Lum is a real estate expert in Silicon Valley, helping buyers dominate competitive markets and sellers maximize their profits. With experience in over 140 transactions valued at $550 million since 2022, she’s all about making big moves happen fast! Whether you’re buying or selling, Lisa has the expertise to make sure you win in this market. Reach out today. |
Lisa M. Lum
DRE #02005150
Mobile: +1 (650) 668-1868 | Email: [email protected]
Coldwell Banker Realty
1125 Merrill Street, Menlo Park, CA 94025
