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	<title>Real Estate Breakdown &#187; National Association of Realtors</title>
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		<title>San Bruno Real Estate Market</title>
		<link>http://www.criticalbreakdown.org/2010/03/san-bruno/</link>
		<comments>http://www.criticalbreakdown.org/2010/03/san-bruno/#comments</comments>
		<pubDate>Sat, 20 Mar 2010 18:59:50 +0000</pubDate>
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				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[National Association of Realtors]]></category>
		<category><![CDATA[San Bruno]]></category>
		<category><![CDATA[San Bruno  California]]></category>
		<category><![CDATA[San Francisco]]></category>
		<category><![CDATA[United States]]></category>

		<guid isPermaLink="false">http://www.criticalbreakdown.org/?p=28</guid>
		<description><![CDATA[Image via Wikipedia San Bruno, a community just south of San Francisco, has seen its real estate market rising and falling throughout the past several years, with the economic recession of the past couple of years plaguing the market, like most others in the state of California, as foreclosures and market inventory have risen and [...]]]></description>
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<dt class="wp-caption-dt"><a href="http://commons.wikipedia.org/wiki/Image:CrestmoorSnow.jpg"><img title="San Bruno, California. Rare snowfall in Crestm..." src="http://upload.wikimedia.org/wikipedia/commons/thumb/2/2d/CrestmoorSnow.jpg/300px-CrestmoorSnow.jpg" alt="San Bruno, California. Rare snowfall in Crestm..." /></a></dt>
<dd class="wp-caption-dd zemanta-img-attribution">Image via <a href="http://commons.wikipedia.org/wiki/Image:CrestmoorSnow.jpg">Wikipedia</a></dd>
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<p><a class="zem_slink" title="San Bruno, California" rel="wikipedia" href="http://en.wikipedia.org/wiki/San_Bruno%2C_California">San Bruno</a>, a community just south of <a class="zem_slink" title="San Francisco" rel="homepage" href="http://www.sfgov.org/">San Francisco</a>, has seen its real estate market rising and falling throughout the past several years, with the economic recession of the past couple of years plaguing the market, like most others in the state of California, as foreclosures and market inventory have risen and prices have plummeted.</p>
<p>According to statistics from the <a class="zem_slink" title="San Mateo County, California" rel="wikipedia" href="http://en.wikipedia.org/wiki/San_Mateo_County%2C_California">San Mateo County</a> <a href="http://www.samcar.org/index.cfm/sales_statistics.htm">Association of Realtors</a>, in February, there were 28 new listings, putting the current inventory of San Bruno homes for sale at 62. up from January&#8217;s inventory of 54. There were 18 closed sales in February, up from 12 in January. The homes spent an average of 26 days on the market before selling, a marked increase of 81 days average in January.</p>
<p>The average sale price for <a href="http://www.sanbruno-homes.com/">San Bruno real estate</a> in February was just over $530,000, down slightly from just over $556,200 in January, but the median price was $539,500 in February, up from $530,000 in January.</p>
<p>Looking back at the previous year, San Bruno had a total of 207 sales in 2009, down from 228 sales for the year in 2008. Prices showed signs of a struggle throughout the year: The 2009 median sales price was $543,000, down from 2008&#8242;s figure of $600,000. And total sales volume was down by more than $20 million for the full year from the previous one.</p>
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		<title>Aptos Real Estate &#8211; Santa Cruz, CA</title>
		<link>http://www.criticalbreakdown.org/2010/03/aptos-real-estate-santa-cruz-ca/</link>
		<comments>http://www.criticalbreakdown.org/2010/03/aptos-real-estate-santa-cruz-ca/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 02:51:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[National Association of Realtors]]></category>
		<category><![CDATA[Real estate pricing]]></category>
		<category><![CDATA[Santa Cruz]]></category>
		<category><![CDATA[Santa Cruz  California]]></category>
		<category><![CDATA[U.S. Housing Market]]></category>
		<category><![CDATA[United States]]></category>

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		<description><![CDATA[An unincorporated community in Santa Cruz, the community of Aptos, California, has seen, like many cities across the nation, a dent put into its housing market over the past two years. With the onset of the recession across the U.S. home prices here, like elsewhere, fell, while foreclosures rose and inventory began stockpiling. Because Aptos [...]]]></description>
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<dt class="wp-caption-dt"><a href="http://commons.wikipedia.org/wiki/Image:SantaCruz_BeachBoardwalk_Carousel_palmsDSCN9371.JPG"><img title="A scene from Santa Cruz Beach Boardwalk (SCBB)..." src="http://upload.wikimedia.org/wikipedia/commons/thumb/7/78/SantaCruz_BeachBoardwalk_Carousel_palmsDSCN9371.JPG/300px-SantaCruz_BeachBoardwalk_Carousel_palmsDSCN9371.JPG" alt="A scene from Santa Cruz Beach Boardwalk (SCBB)..." /></a></dt>
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<p>An unincorporated community in <a class="zem_slink" title="Santa Cruz, California" rel="homepage" href="http://www.ci.santa-cruz.ca.us/">Santa Cruz</a>, the community of Aptos, California, has seen, like many cities across the nation, a dent put into its housing market over the past two years. With the onset of the recession across the U.S. home prices here, like elsewhere, fell, while foreclosures rose and inventory began stockpiling.</p>
<p>Because Aptos is a rather small community, it can be difficult to extrapolate reliable information from its housing statistics. For example, at the end of the year in December 2009, according to the <a href="http://www.scaor.org/marketstatistics.php">Santa Cruz Association of Realtors</a> information, the average and median price of home sold was $525,000. Upon further scrutiny, however, we can see that there was only one home sold in December – for a price of $525,000. Meanwhile, there were two new homes listed in December for a total of five homes on the market, with each home spending an average of 4.8 months listed before being sold.</p>
<p>Looking back to November, statistics show that there were two Aptos homes for sale closed upon, with an average and median price of $456,000. During that month, there were seven homes on the market, spending an average of just 2.6 months listed before selling.</p>
<p>Some earlier statistics from November of 2008 show that despite the minimal information, the <a href="http://www.coastalbay.com/santa-cruz/aptos-real-estate/">Aptos real estate</a> has improved since the worst days during the crisis. In November 2008, there was one closed home sale, which had a price of almost $238,000, much lower than the prices seen in the last few months of 2009. Based on this information, it would be logical to say the market has seen its bottom and is now on its way back up.</p>
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