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San Mateo County Housing Absorption Rates March 2006-2009

Posted on 14 May 2009 by Vicki Moore

The blimp passes me while I'm waiting for the photographer.

The blimp passes me while in San Mateo waiting for the photographer.

I think it’ll be interesting to see what the absorption rates have been over the first quarter of 2009.  I’m going to work on that next.

We’re seeing a big spike in activity in the market right now – houses selling very quickly and with multiple offers.  There’s no way to know – until we look back – if this situation is here to stay or if it’s a blip – not a blimp, a blip.

2006 2007 2008 2009
Atherton 2.6 2.9 3.6 8.6
Belmont 1 1.8 1.3

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