Housing Inventory at All-Time Low in San Bruno

Everyday, sometimes twice or more, I check the San Bruno MLS (Multiple Listing Service) to see if a new home has come on the market. Well, what I have noticed is that everyday something new comes up and two more sell.

That leaves us with 16 single family homes on the market as I write this. I checked to see how many residential "households" there are in San Bruno and according to Bay Area Census 2010, there are approximately 14,700 households? That's not a lot of houses for sale.

Another statistic in the MLS I thought was interesting was that last year at this time there were 10 bank-owned sales in the month of July. This July there have only been two. 

I think that people who currently live in San Bruno like it here and don't want to move. I am sure that there are some who can't afford to move, but for longtime residents the idea of leaving to "upgrade" is not even in the question. I recently talked to a few friends who said the idea of upgrading their home would happen—but only within San Bruno.

Click through the image gallery to see more information about the homes on the market in San Bruno this weekend.

Karin Cunningham, "Your San Bruno Neighborhood Specialist," is a Realtor with Prudential California Realty. She can be reached at 650-438-3504 or karinc@prucal.com. Visit her on the Web at www.KarinCunningham.com or check out her blog, San Bruno Life, on Facebook.