Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the change that began around 2012. The median days on market stays very low with only occasional bumps up. The average dom has been trending down over this period and thus the change is that fewer homes deviate from the median. View … [Read more...] about Low DOM For Silicon Valley Houses
real estate market trends
Millbrae Average House Size Spikes Upward
What stands out in Millbrae real estate? The average size of houses sold in Millbrae has changed surprisingly little during the last 25 years. However, the third quarter of 2023, as of August 18, is showing a sharp spike upward in the average size. This spike seems to be more than just normal variability in an average. Eight cities in San Mateo County show a similar spike. … [Read more...] about Millbrae Average House Size Spikes Upward