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Aragon Neighborhood (San Mateo California) 2010 Year End Single Family Home Sales review

Aragon Neighborhood (San Mateo California) 2010 Year End Single Family Home Sales review

I just finished running the numbers for San Mateo's Aragon Neighborhood for 2010

You can take a look at the PDF, but here are some of the highlights:

Average House Size-2,110 sq ft

Average Lot Size-6084 sq ft

The Average Sale Price per square foot was $606.32 for 2010

The Average Sale Price per square foot in prior years was:

2009-$616 vs 2008-$662 vs 2007-$723.31 vs 2006-$672.63

The Average Cost/sq ft in Aragon is down 16.2% from its peak in 2007

The Average Sale Price in Aragon was $1,232,727 for 2010

The Averages for prior years was:

2009-$1.270m vs 2008-$1.392m vs 2007-$1.510m vs 2006-$1.415m

The Average Sale Price for Aragon is down 18.4% from its peak in 2007

Homes in Aragon during 2010 sold for an average of 97.8% of the Final List Price

Many of the homes in Aragon had at least 1 price reduction during their listing period, so we also need to note that homes sold for an average of 95.5% of what they were ORIGINALLY listed for.

Aragon Year End - Page 1

Aragon Year End - Page 2

Posted Wednesday Jan 05