Hitting a record low dating back to July, 10 homes were sold in the Half Moon Bay market over the last 30 days. This represents a 16.7% decrease in sales activity. In comparison, San Mateo had 91 sales in the same time frame, the most of all nearby cities. Potential buyers should note that prices are coming down in Half Moon Bay, and for this period the median sales price slid from $1,025,000 to $1,002,000. Despite the falling sales numbers, there are only three months of inventory remaining, indicating that Half Moon Bay is a still seller's market.
Trying to find a home at a bargain price? Take a look at these affordable homes in Half Moon Bay: