Welcome to this month’s San Mateo County real estate market report. Are you curious how the housing market has performed with Covid-19 restrictions in place? Prices for single-family homes are heating up, but condos and townhome prices have cooled.
Are you considering buying a home in San Mateo County? Begin your search here by using our free search tool to find properties by price, size, or location Then save your searches and sign up to be notified as soon as new, matching properties become available.
Sellers who are considering selling should take the opportunity now to get an idea of their home’s worth by using our free home valuation tool. Simply answer a few questions and we will provide you with an estimate of your home’s market value!
San Mateo County Market Stats
At the end of June 2020, the median sale price for single-family homes in San Mateo was $1,732,500, an 8.3% year to year increase.
A total of 352 listings sold during June 2020, down 13.3% from one year ago.
Sellers received 100.90% of asking price, down 3.5% from the previous June, and homes in San Mateo averaged 14 days on the market before being sold.
There were a total of 536 new single-family homes that were listed, bringing San Mateo 1.4 months of inventory available to buyers. Inventory has actually increased year to year by 6.67%.
There were a total of 81 new condo/townhome listings, down 24.3% compared to the previous June.
There were a total of 169 new listings, up 31.01% from this time last year, increasing the available inventory to 2.3 months, which is a year to year increase of 53.3%.
Sellers of condos and townhomes received 100.1% of asking price, and condos and townhomes averaged 10 days on the market before being sold.
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
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 $950,000 or less.