June 2008 Update Part 1 - Atherton to Foster City

Well, 2008 is going pretty fast. Today is the last day of June, so I started to compile the listing of troubled sellers again. Today I shall present Part 1.

City of Atherton

Atherton is still holding onto 199 Selby Ln. I am curious to see what the final sales price is on this one.

City of Belmont

On 6/30 I found seven listings in Belmont that are technically in trouble. The newest one of these is 817 Covington.

Raw data available: belmont630.csv

City of Brisbane

Once again there are only three condos that are selling for under their last prices.

They are: 632 Callippe Ct, 233 Swallowtail Ct, & 115 Elfin Ct #U611

City of Burlingame

Burlingame has three troubled properties. They are: 27 Channing Rd, 912 Toyon Dr, and 1657 Westmoor Rd.

City of Colma

Three troubled properties left on B Street! 531 B St, 405 B St, and 528 B St.

City of Daly City

Apparently, I accidentally left out some homes in the last update for Daly City. Also, this month there were almost 40 new troubled listings and a few dozen price reductions. So now the total number of troubled properties in Daly City has grown to 162. Yup, it’s a lot of properties. Only a few properties sold since the last update and I wrote them on the datasheet.

Raw data available: dalycity630.csv

City of East Palo Alto

East Palo Alto is in a similar situation as Daly City. Very few homes are moving and more inventory is piling up. In this update there are 101 listings in trouble. The biggest loser is currently 2362 Poplar Ave, which is listing for $400k below its last sale price.

Raw data available: epa630.csv

City of Foster City 

All eight of Foster City’s troubled properties are condos.  The newest additions are 1041 Shell Blvd #3 and 1061 Beach Park Blvd #110.   The condo on 1061 Beach Park Blvd just had a price reduction today that pushed it into trouble territory.  Additionally, Foster City seems to have many properties that are listing 1 to 2% above their last sale price.

Raw data available:  fostercity630.csv

Part 2 will be coming soon. In my May update I didn’t include some of the unincorporated areas like La Honda and coastside cities such as Moss Beach. I will add them this time.

June 30, 2008 | Filed Under City of Atherton, City of Belmont, City of Brisbane, City of Burlingame, City of Colma, City of Daly City, City of East Palo Alto, City of Foster City, News, Updates 

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