Home Values - Farm Hills Estates Houses

Median and Average Home Price of Farm Hills Estates Houses Sold

When trying to understand Farm Hills Estates neighborhood home values the first and most often real estate statistic looked at is either average or median home sales price. The average price can be pushed up by a particularly expensive home being sold. Much less often an especially low price for one or two homes can push the average price down. By looking at both average and median price a quick judgement can be made about any unusually high or low prices

Quarterly Average Price of a Farm Hills Estates Home

Quarterly Average Price of Farm Hills Estates & Redwood City Houses Sold

Quarterly Median Price of a Farm Hills Estates Home

Quarterly Median Price of Farm Hills Estates & Redwood City Houses Sold

Quarterly Median and Average Price of a Farm Hills Estates Home

Quarterly Median and Average Price of Farm Hills Estates Houses Sold

Price Per Square Foot for Farm Hills Estates Houses Sold

The sales price of a Farm Hills Estates house is affected by its size. Looking at price per square foot gives a partial adjustment for differences between houses. Furthermore if you look at the average size of a Farm Hills Estates house sold you will see that it varies with time. Part of the variation is due to the random nature of which houses are being sold but there tends to be a increase in the size with time because when a house is replaced with a newer house, the newer house is almost always larger.

Quarterly Price Per Square Foot for Farm Hills Estates & Redwood City Homes

Quarterly Price Per Square Foot for Farm Hills Estates & Redwood City Houses Sold

Quarterly Price Per Square Foot for Farm Hills Estates, Redwood City Homes

Quarterly Price Per Square Foot for Farm Hills Estates Houses Sold

Sales Price vs. List Price for Farm Hills Estates Houses Sold

Home buyers and sellers want to know the typical relationship between list price and sales price. This relationship varies with city and time. The plots below show this relationship Farm Hills Estates houses using color coding which generally highlights changes in the market. More Farm Hills Estates homes being sold over list price is a very good indicator of rising home prices. More homes being sold under list price is a very good indicator of falling home prices.

Quarterly Sales Price vs. List Price for Farm Hills Estates Homes

Quarterly Sales Price vs. List Price for Farm Hills Estates Houses Sold

Quarterly Sales Price vs. List Price for Redwood City Homes

Quarterly Sales Price vs. List Price for Redwood City Houses Sold

Number of Farm Hills Estates Houses Sold

A quick estimate of how active the Farm Hills Estates real estate market is can be found by looking at the number of houses sold. Locally there is a strong seasonal change in the number of houses sold. The lowest number of houses sold typically occurs around December & January. The highest number of houses sold typically occurs around May. Price changes do not track the seasonal change in the number of houses sold.

Quarterly Number of Farm Hills Estates Houses Sold

Quarterly Number of Farm Hills Estates Houses Sold

Quarterly Number of Redwood City Houses Sold

Quarterly Number of Redwood City Houses Sold

Days On Market for Farm Hills Estates Houses Sold

Many people look at "Days On Market", the average number of days a house is offered for sale before it sells, to spot changes in the Farm Hills Estates real estate market. Increasing DOM implies buyers are not being as competitive to buy homes. This statistic also tends to have a seasonal variation. DOM is typically greater late in the year. Variation in this statistic can make it difficult to use this statistic to predict either rising or falling house prices.

Quarterly Days On Market for Farm Hills Estates Homes

Quarterly Days On Market for Farm Hills Estates Houses Sold

Quarterly Days On Market for Redwood City Homes

Quarterly Days On Market for Redwood City Houses Sold

Size of Farm Hills Estates Houses Sold

The behavior of buyers and sellers can be somewhat different depending on the price of the house. There are times when low to mid-range homes are selling quickly but higher priced homes aren't or the reverse may be true. Generally house price is proportional to size in a given area. Locally newer homes are often larger than older homes. Looking at the average size of houses being sold can provide additional insight into the Farm Hills Estates real estate market.

Quarterly Size of Farm Hills Estates  and Redwood City Houses Sold

Quarterly Size of Farm Hills Estates & Redwood City Houses Sold

Quarterly Size of Farm Hills Estates Houses Sold

Quarterly Size of Farm Hills Estates Houses Sold

Lot Size of Farm Hills Estates Houses Sold

As mentioned above generally house price is proportional to house size in a given area. Another factor is lot size. Most local cities limit the maximum size of house that can be built depending upon the lot size. A larger house can be built on a larger lot. Additionally local cities may allow a secondary dwelling if the lot is greater than a specified size (typically 8,000 sf).

Looking at the average lot size of houses being sold can provide additional insight into the Farm Hills Estates real estate market. Lot sizes over 100,000 sf are excluded from the statistics to prevent the uncommon sale from pushing the average much higher than the median.

Quarterly Lot Size of Farm Hills Estates Houses Sold

Quarterly Avg Size of Farm Hills Estates Houses Sold

Quarterly Lot Size of Redwood City Houses Sold

Quarterly Avg Lot Size of Redwood City Houses Sold

Age of Farm Hills Estates Houses Sold

A brand new Farm Hills Estates home typically sells for a premium price compared to a similar sized home in the same neighborhood. When looking at average Farm Hills Estates home prices, the average age should be checked to see if prices are changing because of demand or because different types of houses are being sold.

Quarterly Age of Farm Hills Estates Houses Sold

Quarterly Age of Farm Hills Estates Houses Sold

Quarterly Age of Redwood City Houses Sold

Quarterly Age of Redwood City Houses Sold

Maximum and Minimum Price for Farm Hills Estates Houses Sold

When trying to understand the Farm Hills Estates real estate market, it is useful to take a look at the extremes of the sales price range. Average buyers and sellers in each price range may act differently.

Quarterly Maximum Price for Farm Hills Estates Houses

Quarterly Maximum Price for Farm Hills Estates Houses Sold

Quarterly Maximum Price for Redwood City Houses

Quarterly Maximum Price for Redwood City Houses Sold

Quarterly Minimum Price for Farm Hills Estates Houses

Quarterly Minimum Price for Farm Hills Estates Houses Sold

Quarterly Minimum Price for Redwood City Houses

Quarterly Minimum Price for Redwood City Houses Sold

Home Values - Farm Hills Estates Condos

Median and Average Home Price of Farm Hills Estates Condos Sold

When trying to understand Farm Hills Estates condo values the first and most often real estate statistic looked at is either average or median condo sales price. The average price can be pushed up by a particularly expensive condo being sold. Much less often an especially low price for several condos can push the average price down. By looking at both average and median price a quick judgement can be made about any unusually high or low prices. When a condominium development is offered for sale, the number of units offered can shift both average and median prices.

Quarterly Average Price of Farm Hills Estates Condos Sold

Quarterly Median Price of Farm Hills Estates Condos Sold

Quarterly Average Price of Redwood City Condos Sold

Quarterly Average Price of Redwood City Condos Sold

Quarterly Average Price of Farm Hills Estates Condos Sold

Quarterly Median and Average Price of Farm Hills Estates Condos Sold

Price Per Square Foot for Farm Hills Estates Condos Sold

The average sales price of condos is typically affected by the average size of the condos sold. If a new development comes up for sale, the average size can be affected which in turn affects the average sales price. This same development may affect statistics a second time about five years later if many of the first purchasers decide to sell and move to a bigger home. Looking at price per square foot gives a partial adjustment for changes in the typical condo sold.

Quarterly Price Per Square Foot for Farm Hills Estates & Redwood City Condos Sold

Quarterly Price Per Square Foot for Farm Hills Estates & Redwood City Condos Sold

Quarterly Price Per Square Foot for Farm Hills Estates Condos Sold

Quarterly Price Per Square Foot for Farm Hills Estates Condos Sold

Sales Price vs. List Price for Farm Hills Estates Condos Sold

Farm Hills Estates condo buyers and sellers want to know the typical relationship between list price and sales price. This relationship varies with city and time. The plots below show this relationship using color coding which generally highlights changes in the market. More condos being sold over list price is a very good indicator of rising condo prices. More condos being sold under list price is a very good indicator of falling condo prices. Comparing Farm Hills Estates condo prices to Farm Hills Estates house prices can give you more insight into whether there is a general change in Farm Hills Estates home prices or if something unique to condos is happening.

Quarterly Sales Price vs. List Price for Farm Hills Estates Condos Sold

Quarterly Sales Price vs. List Price for Farm Hills Estates Condos Sold

Quarterly Sales Price vs. List Price for Redwood City Condos Sold

Quarterly Sales Price vs. List Price for Redwood City Condos Sold

Number of Farm Hills Estates Condos Sold

A quick estimate of how active the Farm Hills Estates condo real estate market can be found by looking at the number of condos sold. Locally there is a strong seasonal change in the number of homes sold. The lowest number of homes sold typically occurs around December & January. The highest number of homes sold typically occurs around May. This seasonal variation is often altered for condo sales by a large new development begining to sell their condos. Price changes do not track the seasonal change in the number of condos sold.

Quarterly Number of Farm Hills Estates Condos Sold

Quarterly Number of Farm Hills Estates Condos Sold

Quarterly Number of Redwood City Condos Sold

Quarterly Number of Redwood City Condos Sold

Days On Market for Farm Hills Estates Condos Sold

Many people look at "Days On Market", the average number of days a condo is offered for sale before it sells, to spot changes in the condo real estate market. Increasing DOM implies buyers are not being as competitive to buy condos. This statistic also tends to have a seasonal variation. DOM is typically greater late in the year. Variation in this statistic can make it difficult to use this statistic to predict either rising or falling condo prices. New condominium developments can change the typical DOM.

Quarterly Days On Market for Farm Hills Estates Condos Sold

Quarterly Days On Market for Farm Hills Estates Condos Sold

Monthly Days On Market for Redwood City Condos Sold

Quarterly Days On Market for Redwood City Condos Sold

Size of Farm Hills Estates Condos Sold

The behavior of buyers and sellers can be somewhat different depending on the price of the condo. There are times when low to mid-range condos are selling quickly but higher priced condos aren't or the reverse may be true. Builders try to match what they build to what is selling well. It can take several years for a condo development to begin selling but it was surely built to target expected demand. Looking at the average size of condos being sold can provide additional insight into the condo real estate market.

Quarterly Size of Farm Hills Estates & Redwood City Condos Sold

Quarterly Size of Farm Hills Estates & Redwood City Condos Sold

Quarterly Size of Farm Hills Estates Condos Sold

Quarterly Size of Farm Hills Estates Condos Sold

Age of Farm Hills Estates Condos Sold

A brand new condo typically sells for a premium price compared to a similar sized condo in the same neighborhood. When looking at average condo prices, the average age should be checked to see if prices are changing because of demand or because different types of condos are being sold.

Quarterly Age of Farm Hills Estates Condos Sold

Quarterly Age Of Farm Hills Estates Condos Sold

Quarterly Age Of Redwood City Condos Sold

Quarterly Age Of Redwood City Condos Sold

Maximum and Minimum Price for Farm Hills Estates Condos Sold

When trying to understand the Farm Hills Estates condo real estate market, it is useful to take a look at the extremes of the sales price range.

Quarterly Maximum Price for Farm Hills Estates Condos Sold

Quarterly Maximum Price for Farm Hills Estates Condos Sold

Quarterly Maximum Price for Redwood City Condos Sold

Quarterly Maximum Price for Redwood City Condos Sold

Quarterly Minimum Price for Farm Hills Estates Condos Sold

Quarterly Minimum Price for Farm Hills Estates Condos Sold

Quarterly Minimum Price for Redwood City Condos Sold

Quarterly Minimum Price for Redwood City Condos Sold