Karin Cunningham

San Bruno Homes Skyrocket!
March 6, 2013 ·  

365 Angus Ave., San Bruno $439,000

Most of us San Brunans have experienced a huge rise in our home values. Everywhere we turn there are offer bid dates with offers of $20,000-$100,000 over the list price.

I sent a real estate information flyer out last week to home owners that live outside of the area with a trendy chart of list prices versus sale prices and got a call from someone making sure I hadn’t made a mistake!

It has been really tough for home buyers in this market. I have a couple that have written four offers over the list price with no success on homes in San Bruno, South San Francisco, and Daly City. We go out house hunting every weekend but there isn’t a whole lot to choose from. Most of the homes we have seen are being sold by investors who bought foreclosures and are “flipping” them.

We would really wish that the real estate market would just be steady with a stream of homes available to buy and a manageable number of home buyers…never seems to happen that way in the Bay Area though…

Karin Cunningham Karin Cunningham (87 Posts)

I am a Bay Area real estate agent who specializes in helping people buy and sell homes on the San Mateo Peninsula, San Francisco, and the East Bay. I have been an agent for 15 years and love what I do! I live and work in San Bruno and am very involved in my kids school and our community. For more info about me, please feel free to click on my links and send me a message! I look forward to hearing from you! Your friend in real estate, Karin


If you enjoyed this post, subscribe to the Author's RSS feed or the Blog's RSS Feed!

Filed Under Local Trends

Tags: , , , ,

Print Print    |    Email Email

Comments

2 Responses to “San Bruno Homes Skyrocket!”

  1. Larry Franzella on March 7th, 2013 9:55 am

    It is a great time to sell!

    Larry Franzella
    Prudential California Realty

  2. Brian Boisson on March 18th, 2013 3:53 pm

    Thanks for the info!!

    Brian Boisson
    Prudential California Realty

Leave a Reply