Marian S. Bennett, Realtor, E-Pro

Half Moon Bay is in a Buyer's Market

08-21-08

Here's what this week's Altos Report Market Update for Half Moon Bay single family homes shows:

Half Moon Bay (as a whole, not specific neighborhoods) list prices have been coming down from the peak of 2005 - now the median list price is $1,099,000; average list price is $ 1,322,108.
The quartile with the lowest days-on-market is the lower-middle 25% of homes with a median price of $877,000. . . at 70 DOM. The other three quartiles of homes currently for sale all average over 100 days on the market.
55% of listings have reset their days-on-market.
30% of properties on the market this week have price reductions.
Average price per square foot for listings is $475.00

It is important to note that this information is for Half Moon Bay only, not the entire coastside, and not for specific neighborhoods in our communities. Given the many micro-markets around the San Mateo Coastside, it is important to speak with a Realtor about your specific neighborhood if you are thinking of selling your home. I can email the entire Report for this week if you contact me.

The complete post can be found at Coastside Real estate and Lifestyles.

Thank you Altos Research for your great products!

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Marian S. Bennett, Realtor, E-Pro
Coldwell Banker, Half Moon Bay-Coastside, CA

Marian S. Bennett, Realtor, E-Pro: Real Estate Agent in Half Moon Bay, CA

Office: (650) 712-2460

Mobile: (650) 678-1108
Secondary: (650) 726-1100

My office is on the 2nd floor of this Main Street block, just a short block off of Highway 92. Large comfortable parking lot, elevator, lobby seating, private conference rooms, and usually chocolate.

About Marian Bennett, Realtor, San Mateo County Coastside

Bottom line is I am passionate about guiding my clients through life decisions that involve real estate. Listening is the most important part of communication. I like my clients to ask questions, understand the process and be involved. For sellers, I structure comprehensive and creative marketing programs tailored to specific goals, with emphasis on achieving a smooth close of escrow. For buyers, I understand the importance of such a big decision and therefore, adjust my pace to yours. It is important for clients to know that I am always working on my own education, training, and knowledge so that you have the most up to date legal/disclosure, marketing, and systems opportunities. "

My greatest areas of expertise are diplomatic negotiation, property marketing/exposure, problem solving, and communication. I always look for a positive outcome, desired results, and hopefully a new friend in the process. I consider myself a technology enthusiast, having come a long way from being tech-phobic to tech-adventurous! In addition, I use my technology skills with my buyer and seller clients in creative ways when I find out you will be comfortable with it and consider these tools a time-saver.

National Assn. of Realtors, CA Assn. of Realtors, San Mateo County Assn. of Realtors, Women's Council of Realtors, Half Moon Bay Chamber of Commerce, Homescopes Real Estate Network

Marian's Areas of Expertise

San Mateo County - California. South of San Francisco, north of Santa Clara County and Silicon Valley, west of the San Mateo County peninsula mountains, near the Pacific Ocean. This group of towns is fondly called "the Coastside".

Half Moon Bay CA 94019 - MLS Areas 600-614 - population 12,000-14,000
El Granada CA 94018 - MLS Areas 620-623 - population 2000-3000
Moss Beach CA 94038 - MLS Areas 630-635 - population 1000-2000
Montara CA 94037 - MLS Areas 640-642 - population 1000-2000
Pacifica CA 94044 - MLS Areas 650-662 - population 25,000-30,000

I also help clients in San Bruno, South San Francisco, Daly City, Pescadero and other surrounding communities.

Market Reports are at Coastside Real Estate and Lifestyles under "Coastside/Market Activity Report Archive"

What Others Say About Marian...Thank You!

Agent:

"...Marian has been an inspiration in terms of her creativity at her own blog, and very thoughtful and diligent in regards to her teamwork and helpfulness to the rest of us. I am sure she applies the same integrity, intention to detail and marketing vision to her real estate cilents, and I would not hesitate to recommend her as a trustworthy advocate and partner." Pam Buda, Coldwell Banker

Industry:

"...She is quite honestly the rare Realtor with the full package of skills - honest, reliable and smart - her expertise in the San Mateo County coastal market shows itself in her blog - www.mariansbennett.com. She's someone I would recommend not only for real estate advice but for advice on developing internet marketing strategies." Patrick Kitano, Domus Consulting

Client:

"Marian is a terrific real estate professional and has been a joy to work with. Her research, business insights and depth of knowledge on the coastal real estate market have made her a fantastic partner. Marian consistently over-delivers and her efforts on our behalf have surpassed our expectations. I would highly recommend Marian Bennett for any coastal transaction you are considering." Allen Olivo

"Marian Bennett, Coldwell Banker Realtor, is a star player. From the first phone call to the close of escrow, Marian gives 100%. She takes the time to acquaint her clients with the Coastside and understand the needs of each individual. Through discovering her client needs, Marian uses her local area knowledge to target the most suitable homes for an information-packed and adventurous home tour. Marian knows her business and the area...." Joelle Colosi