Welcome to this month’s San Mateo County real estate market report, presented to you by The Chris Eckert Real Estate Team.
Are you thinking of buying or selling a home this year? This helpful report will get you up to date with the most recent market data as we approach the spring buying season.
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If you are selling your home, we provide a home valuation tool that you can use to get an idea of your home’s worth. It’s free and easy to use. Simply enter the details about your property and we will provide you with an estimate of your property’s market value. Give us a call and we can go to work for you getting your home listed and sold.
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San Mateo County Market Stats
The average selling price for single-family homes in San Mateo County entering February 2020 was $1,045,444 ; a slight decrease from the December average of $1,475,000, and up 0.4% from the previous year.
There were 289 new listings that hit the market last month, and a total of 184 homes were sold.
Houses stayed on the market for an average of 39 days, and there is only 1.5 months of inventory available in San Mateo County as we head in to the spring buying season.
San Mateo Condo Stats
Condos in San Mateo County are selling for an average of $850,000, down from $950,000 at the end of December 2019, and down 4.5% compared to this time last year. Condo sales prices are down 2.1% over the last three months, and well below the high last May of $1,039,000.
There were 105 new condos on the market at the beginning of February 2020, 75 were sold during January.
The average number of days on the market for condos is 36, and there is only 1.1 month of inventory available.
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 2020
San Mateo County Market Reports from 2019
San Mateo County Homes for Sale
Here are the most recent home listings just added to the database in the median sale price range for San Mateo County. All homes here are priced at $1,045,444 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 $850,000 or less.
