Welcome to this month’s San Mateo County real estate market report. Curious to know how the single-family and condo housing market is performing so far in 2021? This helpful report will get you up to date!
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Contents
San Mateo County Housing Stats
The median sold price for single-family homes in San Mateo County ended the month of January 2021 at $1,537,500, a 9.8% year-to-year increase in price. Single-family home average sale prices for the year are up 6.7% over the last three months, up to $1,555,833 for the year so far.
There were 272 single-family properties sold during January, also a year-to-year increase of 32.68%.
A total of 425 new single-family listings were offered to the market during the first month of the year, an increase of 32.40% compared to this time one year ago.
Single-family homes are on the market for an average of 30 days before being sold, a drop of 23.08% from the previous year.
At the beginning of February 2021, San Mateo County had approximately 1.5 months of single-family home inventory available to buyers, a year-to-year decrease of inventory by 16.67%.
San Mateo County Condo Stats
The median sale price for condos and townhomes in San Mateo County ended January 2021 at $811,250, a year-to-year drop in the price of 4.8%.
There were a total of 112 condos and townhomes sold in San Mateo County last month, a year to year increase in sales activity of 36.59%.
There 200 new condo and townhomes listing to be offered to buyers during January 2021, a steep year-to-year increase of 58.73% in the new listing activity.
Condos and townhomes being offered for sale in San Mateo County are on the market for an average of 38 days before being sold, an increase of 2.8% from one year ago.
San Mateo began the month of February 2021 with approximately 2.1 months of condo/townhome inventory available to buyers, good news for buyers though as condo/townhome inventory levels have increased by 23.53 from this time one year ago.
Summary of Numbers [KW Peninsula Estates Market Report]
San Mateo County Homes by Price
| Homes under $600K | Homes under $700K |
| Homes under $800K | Homes under $900K |
| Homes under $1 Million | Homes under $1 Million |
San Mateo County Market Reports from 2021
San Mateo County Market Reports from 2020
| January 2020 | February 2020 |
| May 2020 | June 2020 |
| July 2020 | August 2020 |
| September 2020 | October 2020 |
| November 2020 | December 2020 |
San Mateo County Homes for Sale
Here are the most recent single-home listings just added to the database in the median sale price range for San Mateo County. All homes here are priced at $1,537,500 or less.
San Mateo County Condos for Sale
Here are the most recent condominium listings just added to the database in the median sale price range for San Mateo County. All homes here are priced at $811,250 or less.
