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Buyers and Sellers Gear Up for After Labor Day

As September rolls around, our real estate market historically promises more available listings for buyers, and a more active and competitive market for sellers. August typically is not a peak month for showcasing new listings, and in fact, many sellers (and their agents) could be on family vacations before school starts again, thus contributing to a less active market than the busy days of spring typically February to May. After Labor Day until Thanksgiving usually is a robust market of new listings hitting the market (while the weather is still good!) and buyers eagerly anticipating a new wave of inventory that never quite opened up during the summer.***I am preparing a delightful new listing in San Mateo’s Homestead neighborhood (Baywood Schools) that will hit the market at under $1,000,000 after Labor Day. As I always say, Homestead (just south of the Aragon neighborhood) is San Mateo’s best-kept secret with a charming Westside location within strolling distance of the city’s best schools… all wrapped in a tree-lined setting of warm community character…and still with an entry level at under $1,000,000! For those looking for a grander home, I also know of a spectacular Baywood home that will be coming on the market at around $2,000,000. These larger Baywood beauties on prime blocks are always a rare commodity. And if a Baywood classic is your heart’s intent, don’t forget about the stately home at 320 Parrott Drive currently on the market for $1,999,000. This French Normandy style home has been on the market for 45 days as of this writing. The 67 year old home boasts 4 bedrooms and 3.5 baths with a picture-perfect location on Baywood’s “mansion row,” one of the best blocks in all of San Mateo . –Thanks again for reading, and as always, please contact me for further information on our real estate market. –Geoffrey (650) 455-3735

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