San Mateo County Market Update April 2024
Level up your homes value with Rumana on your side!
Selling your home can be a whirlwind. I get it – you're excited about the next chapter, but maybe a little stressed about maximizing your profit.
That's where I come in. As your real estate agent, I'm not just here to get your house sold; I'm here to make sure you walk away with more money in your pocket.
It's All About Strategy! Selling a home isn't just about throwing open the doors and hoping for the best. There's a strategy to getting top dollar, and I'm here to guide you every step of the way.
Think of me as your partner in crime – the good kind, of course! We'll work together to figure out how to make your house shine, from decluttering and minor repairs to highlighting its best features. This way, we attract the right buyers, the ones willing to pay top dollar to make your place their own. Let's face it, negotiations can be tricky. But fear not! I'm a seasoned negotiator, and I'll fight tooth and nail to get you the best possible deal. Offers, counteroffers, closing details – I'll handle it all, ensuring you get the most bang for your buck.
See graph below it shows my expertise drives results that go above the average. From 2021 to today, I achieved a higher overbid on my client’s homes than other agents. Look at the difference and it’s clear, selling with with me means getting the most out of your real estate investment.
See how Rumana's expertise helped past clients achieve top dollar.
963 Gull Ave, Foster City.
The property was listed at $2,098,000 and ultimately sold for $2,320,000, yielding a surplus of $222,000, constituting an 11% increase. We managed to secure four offers and was able to push the lowest offer up to match the higher ones.
1351 Ribbon Street, Foster City.
Listed at $1,799,000 and ultimately sold for $2,041,800, achieving a remarkable 14% increase. Garnering four offers once more, I skillfully negotiated with one, resulting in this favorable outcome. Interestingly, I had previously facilitated the sale of this property 17 years ago, and the buyers, remembering my service, sought me out again when they decided to sell it.
642 Harvester, Foster City.
Initially listed at $1,675,000, it was sold for $1,920,000. Selling this property posed a challenge due to its Eichler style, which tends to evoke strong opinions either way. However, we undertook a comprehensive renovation, revamping the kitchen, bathrooms, lighting, and landscaping. Our efforts yielded promising results as we received six offers. Through negotiation, we managed to enhance the value of three of these offers, ultimately selling the property for 15% above the initial asking price.
15022 Del Ray, San Mateo.
Initially listed at $1,825,000, we successfully closed the deal at $2,045,000. We accomplished an impressive 12% over the asking price with just one offer. Our negotiation skills were pivotal as we engaged the buyer, highlighting the value of the home and advocating for the price our sellers needed.
1040 Sylvan Ave, San Mateo.
Initially listed at $1,225,000, the property was ultimately sold for $1,375,000. This resulted in a notable 12% over the asking price. We attracted three offers, and through negotiation, we managed to increase the offers from two of them
624 30th Ave, San Mateo.
Listed at $2,158,000 and sold for $2,350,000. We achieved a solid 9% over the asking price with the receipt of two offers.
300 Alexander Ave, Redwood City.
Initially listed at $2,150,000, the property sold for $2,730,000 with at least 10 offers received, we successfully obtained signed counter offers from 5 of them. This resulted in an impressive 27% over the asking price.
1838 Ogden Drive, #202, Burlingame.
Listed the property at $1,200,000 and successfully sold it for $1,300,000. Despite receiving only two offers, we managed to secure a sale price that was 8% over the asking price. Understanding the unique needs of our clients and considering the potential challenges associated with selling condos, we effectively negotiated with the buyers to meet the sellers' requirements.
Remember, the Right Agent Matters. Selling your home is a big financial decision. The agent you choose can make all the difference. A good one can literally pay for themselves by bringing in a higher selling price.
Let Me Be Your Gold Standard. Don't settle for just any agent. I'm dedicated, knowledgeable, and a fierce negotiator on your behalf. Let me show you the Rumana difference and how I can help you sell smart and earn more.
April 2024 Market Reports
If you receive our postcards, below you'll find market information for San Mateo County, San Mateo (city), and Foster City.
San Mateo County Equity Report. This report covers changes in median home sales prices over the last month, year, five years, and ten years.
San Mateo County Market Report. This report covers changes in median home sales prices, year over year.
San Mateo City Equity Report. This report covers changes in median home sales prices over the last month, year, five years, and ten years.
San Mateo City Market Report. This report covers changes in median home sales prices, year over year.
Foster City Equity Report. This report covers changes in median home sales prices over the last month, year, five years, and ten years.
Single Family Residences
Condominiums
Townhomes
Expanded San Mateo County Market Report
