Let's look at some recent sales on the peninsula. I'm guessing that some of these might be short sales or foreclosures, but i don't have the time to dig right now. So I'll just post the recent sale dates/amounts and leave the details for later...
26 LONGVIEW DR DALY CITY, CA 94015
Jan 30, 2006 $765,000
Jan 31, 2008 $660,000
-13%
39 MORTON DR DALY CITY, CA 94015
Oct 04, 2007 $693,177
Jan 30, 2008 $520,000
-25%
WOW. This is the first serious loss I've seen in Burlingame so far.
1110 BAYSWATER AVE APT 206 BURLINGAME, CA 94010
Jul 06, 2006 $650,000
Jan 29, 2008 $588,000
-9.5%
217 MILTON AVE SAN BRUNO, CA 94066
Jul 22, 2005 $675,000
Jan 31, 2008 $485,000
-28%
1227 SHELTER CREEK LN SAN BRUNO, CA 94066
Aug 19, 2005 $365,000
Feb 04, 2008 $279,000
-23%
(Shelter Creek... if you bought there in 2005,2006,2007... you've lost a lot of money.)
Here's a foreclosure that's kind of interesting...
116 ROSILIE ST SAN MATEO, CA 94403
Dec 26, 1997 $415,000
Aug 07, 2006 $1,065,000
Jan 11, 2008 $810,001
Jan 31, 2008 $955,000
-10% (from 2006 sale)
224 DUNDEE DR SOUTH SAN FRANCISCO, CA 94080
Jul 18, 2003 $485,000
Oct 12, 2007 $618,450
Feb 01, 2008 $515,000
-16%
737 LARCH AVE SOUTH SAN FRANCISCO, CA 94080
Sep 01, 1999 $285,000
Dec 23, 2004 $600,000
Jun 15, 2005 $740,000
Jan 18, 2008 $638,025
Feb 01, 2008 $520,000
-29% from 2005 sale.
Saturday, March 1, 2008
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