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Monday, April 21, 2025

North Fair Oaks home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in North Fair Oaks rose by $93,000 while total sales increased by 12%, according to BlockShopper.com.

From January through March of 2017, there were 28 homes sold, with a median sale price of $905,000 - a 11.5% increase over the $812,000 median sale price for the same period of the previous year. There were 25 homes sold in North Fair Oaks in the first quarter of 2016.

The median sales tax in North Fair Oaks for the most recent year with available data, 2015, was $5,039, approximately 0.6% of the median home sale price for the first quarter of 2017.

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

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Redwood City111126-11.9%$1,150,000$1,171,500-1.8%
San Mateo1621554.5%$1,100,000$875,00025.7%
Montara68-25%$1,057,500$837,50026.3%
Brisbane1115-26.7%$975,000$750,00030%
El Granada12850%$950,000$1,005,000-5.5%
North Fair Oaks282512%$905,000$812,00011.5%
Pescadero10-$899,000$0-
San Bruno5869-15.9%$875,000$645,00035.7%
Pacifica715822.4%$820,000$755,0008.6%
Moss Beach63100%$817,500$1,050,000-22.1%
Half Moon Bay2125-16%$815,000$930,000-12.4%

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