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:
City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Redwood City | 111 | 126 | -11.9% | $1,150,000 | $1,171,500 | -1.8% |
San Mateo | 162 | 155 | 4.5% | $1,100,000 | $875,000 | 25.7% |
Montara | 6 | 8 | -25% | $1,057,500 | $837,500 | 26.3% |
Brisbane | 11 | 15 | -26.7% | $975,000 | $750,000 | 30% |
El Granada | 12 | 8 | 50% | $950,000 | $1,005,000 | -5.5% |
North Fair Oaks | 28 | 25 | 12% | $905,000 | $812,000 | 11.5% |
Pescadero | 1 | 0 | - | $899,000 | $0 | - |
San Bruno | 58 | 69 | -15.9% | $875,000 | $645,000 | 35.7% |
Pacifica | 71 | 58 | 22.4% | $820,000 | $755,000 | 8.6% |
Moss Beach | 6 | 3 | 100% | $817,500 | $1,050,000 | -22.1% |
Half Moon Bay | 21 | 25 | -16% | $815,000 | $930,000 | -12.4% |