Oh, What a Year! It was like 2021 home sales were trying to make up for any slowdown we had in 2020! Despite the continuing pandemic, it was a banner year with new sale price records being set all over the Peninsula! The year boasted high prices, fast sales, and lots of happy buyers and sellers. I had the pleasure of working with many of them, closing out December with 27 properties, and over $50 million in real estate sold.
In 2021, the average sale price for single-family homes in San Mateo County was $2,413,439 – that’s up 18% over last year and up 29% over 2019! In other words, if you have been living in your home for a few years, its value has gone up substantially. My advice? Even if you’re not planning on moving shortly know the current value of your home. It is your most valuable asset, and it’s important to be informed.
Currently, 2022 looks like it will continue to flourish. If you’d like to know my insights for the New Year’s market or the current value of your home, give me a call. There is never any obligation, and I’d love to chat with you. Until then, my family and I wish you a happy and healthy 2022!