The inventory of single family homes for sale in San Bruno is shrinking. Currently there are 83 homes for sale. Compare this to 96 in June 08, 110 in May 08, 116 in April 08 and 134 at the end of July in 2007. 32 homes are on the market priced below $ 600,000. This is a great price point for anyone wanting to get into the Real Estate market on the Peninsula. So why are these homes still available ? 23 out of 32 homes are either bank owned (7) or are short sales (16). Anyone who has written an offer on a short sale property knows about the long, frustrating process. Haven’t heard back from the lender in several months? Find a  seller who  can make a decision and is motivated to get into contract. My favorite house in the under $600,000 category is the house at 360 Acacia Avenue in the Huntington Park neighborhood offered for $ 599,000. The home was built in 1927.  Some of the original woodwork has been preserved and the remodeled bathroom and up-dated kitchen are a big plus. Add the beautiful fruit trees in the backyard and the west of El Camino Real location and one wonders why this lovely home is still on the market!

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