By looking at the graph above, you can see that average sales price in San Mateo County is relatively stable. We saw a bit of a drop in April, but March was up from January and February. In our market these are relatively average fluctuations, and while they're fun to look at, they're not showing a huge increase or reduction either way.
Many listings are still receiving multiple offers. Caitlin wrote an offer for a property last week that fetched 13 offers! Just yesterday, the rules have changed to where we're allowed to show owner-occupied homes and tenant-occupied homes with restrictions. In April, this was not the case. We were only allowed to show vacant properties, and buyers, and realtors are required to sign disclosures before entering into the home. The rules are literally changing every day. Luckily at Keller Williams Peninsula Estates we're backed by Broker Resource Law Group in Southern California. They're one of the foremost legal authorities for real estate in the state of California.
Now here's another chart below that's not so encouraging. This shows the number of overall sales that took place in the county for the past six months. This is where you can see a big difference. Our local economy depends on the sale of real estate for so many different types of occupations and vendors. Inspectors, title and escrow officers, lenders, realtors, plumbers, painters, electricians, contractors, insurance providers, and appraisers all depend on these sales to take place to fuel the economy. | 
