Welcome to this month’s real estate market report for the community of San Mateo County, California. San Mateo County is a sought-after destination for homeowners, and the real estate market is very active. Single-family home prices have climbed month to month, and sellers are getting almost full list prices for their homes. Get caught up on the real estate market in San Mateo with this helpful report.
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If you are thinking of selling your home, the first step is to know what it is worth. Learn the value of your home with our free home valuation tool. To get started, fill out the information requested, next, we will provide you a confidential market summary of your home with a suggested listing price. Home values are different from street to street, it is important to know your home or condo’s true value before listing. Don’t’ hesitate find out today!
San Mateo County Housing Stats
The median sale price for single-family homes in San Mateo County at the end of February 2023 was $2,000,000.00.
There were 176 single-family homes sold during February.
Single-family homes were on the market for an average of 35 days before being sold.
sellers were averaging 100% of their list price at closing, compared to 98% in January 2023.
There was a total of 264 new listings to hit the market last month. This brings the market to 0.9 months of inventory available.
San Mateo County Condo Stats
The median sale price for condos in San Mateo County at the end of February 2023 was $983,000.
There was a total of 72 condos sold in San Mateo last month, and condos were on the market for an average of 45 days before being sold, down from 50 days during January 2023.
Sellers were receiving on average 99.2% of list price for their condo at closing, up from 97% during January 2023.
There was a total of 107 new listings to hit the market, this brings the condo inventory in San Mateo County to 1.3 months of supply available.
San Mateo County Homes by Price
San Mateo County Market Reports from 2022
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 $2,000,000 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 $983,000 or less.