Welcome to this month’s real estate market report for San Mateo County, California. Situated on the San Francisco Peninsula, this county is home to 764,442 people and is a mix of mostly suburban homes and corporate campuses. The real estate market for single-family homes and condos is one of the most in-demand areas to live. Find out more about the real estate market in San Mateo County in this helpful report.
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San Mateo County Housing Stats
At the end of January 2024, the median sale price for single-family homes in San Mateo County was $1,800,000.
There was a total of 137 listings sold during the first month of 2024, which is down from 275 sold during December.
There were 289 new listings to hit the market, which is up from 250 during December.
Single family homes are on the market for an average of 44 days before being sold, and sellers are getting 100.1% of their original list price at closing.
San Mateo County Condo Stats
The median sale price for condos in San Mateo County at the end of January 2024 was $772,000.
There was a total of 60 condo listings sold during January, down from 70 sold in December 2023
There was a total of 126 new listings to hit the market in San Mateo County during January.
Condo properties in San Mateo County are on the market for an average of 68 days before being sold, and sellers of condos are getting 100% of the original list price at closing.