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Monday, April 21, 2025

North Fair Oaks home prices fall in the second quarter of 2017

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The median sale price of a home sold in the second quarter of 2017 in North Fair Oaks fell by $101,000 while total sales increased by 10%, according to BlockShopper.com.

From April through June of 2017, there were 22 homes sold, with a median sale price of $956,500 - a 9.6% decrease over the $1,057,500 median sale price for the same period of the previous year. There were 20 homes sold in North Fair Oaks in the second quarter of 2016.

The median sales tax in North Fair Oaks for the most recent year with available data, 2015, was $5,039, approximately 0.5% of the median home sale price for the second quarter of 2017.

The following table compares North Fair Oaks to other San Mateo County cities with similar median sales prices in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Redwood City173201-13.9%$1,425,000$1,200,00018.8%
Foster City837412.2%$1,360,500$1,100,00023.7%
San Mateo2612466.1%$1,215,000$1,052,50015.4%
Half Moon Bay3233-3%$1,151,000$895,00028.6%
El Granada191618.8%$999,000$1,025,000-2.5%
North Fair Oaks222010%$956,500$1,057,500-9.6%
Sky Londa20-$953,750$0-
Montara12850%$925,000$850,0008.8%
Pacifica957428.4%$905,000$804,25012.5%
Moss Beach3250%$899,000$1,091,250-17.6%
San Bruno1031021%$880,000$811,0008.5%

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