Welcome to this month’s San Mateo County, California real estate market report. While single-family home prices continue to increase and inventory tightens, condo and townhomes prices are declining while inventory is beginning to climb. Read this helpful report to get up to date!
Finding a home or condo to buy in San Mateo may seem challenging but we make it easy for you. Start your search here to find properties in San Mateo by price, size, or location; be sure to save your favorites to tour. Next, and most important, sign up to be notified as soon as new matching properties become available. Give us a call today, we’re here ready to assist you!
As demand for homes and condos continues you may have decided it is time to sell. The first step to take is to find out what your property may be worth by using our free home valuation tool! Simple to use, just enter the information required and we will provide you a market assessment of your home or condo’s potential sale price.
Give us a call at the Chris Eckert Real Estate Team | 650.627.3799 and we can answer all your real estate questions in San Mateo County!
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San Mateo County Housing Stats
The median sold price for single-family homes in San Mateo ended the month of June at $1,950,000 a year-to-year increase of 21.9%.
There were 510 single-family listings sold during June an 88.89% increase compared to the previous June.
There were 601 new listings to hit the market in San Mateo, a year-to-year increase of 19.48%.
There was less than one month of single-family home inventory available to buyers in San Mateo at the end of June, a year-to-year drop of 65.38%.
Single-family homes are on the market in San Mateo for an average of 18 days and sellers are getting 108.1% of their list price at closing.
San Mateo County Condo Stats
The median sale price for condos in San Mateo ended June at $966,259, a year-to-year increase of 8.9%.
There were 164 condos sold last month, a steep increase of 168.65% compared to the previous June.
A total of 203 new condos were offered to buyers during June, a year-over-year increase of 42.96%.
There is now approximately 1.3 months of condo inventory available to buyers.
Condos are on the market for an average of 22 days before being sold, and sellers are getting 103.9% of their asking price.
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 $1,950,000 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 $966,259 or less.
