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Real Estate Market Report – This Month 2021

Welcome to this month’s San Mateo County real estate market report. Curious to know how the single-family and condo housing market is performing so far in 2021? This helpful report will get you up to date!

Are you ready to buy a home or condo soon? Start your search here using our search tool to find houses by price, size, location, and more! Safely find and preview properties from your couch, kitchen table, or patio.

Once you find properties you want to know more about, be sure to save your searches and sign up to be notified as soon as new matching properties become available.

If you are thinking of selling your home and are wondering what it might be worth then we can help with that too! We provide, at no cost to you, a home valuations report that will give you an idea of your home’s worth. Simply answer a few questions about your property and we will present you with a comprehensive market summary to price and sell your home or condo.

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!

What’s Your House Worth?”Get an Instant Estimate!

Contents

  • San Mateo County Housing Stats
  • San Mateo County Condo Stats
  • Summary of Numbers [KW Peninsula Estates Market Report]
  • San Mateo County Homes by Price
  • San Mateo County Market Reports from 2021
  • San Mateo County Market Reports from 2020
  • San Mateo County Homes for Sale
  • San Mateo County Condos for Sale

San Mateo County Housing Stats

The median sold price for single-family homes in San Mateo County ended the month of January 2021 at $1,537,500, a 9.8% year-to-year increase in price. Single-family home average sale prices for the year are up 6.7% over the last three months, up to $1,555,833 for the year so far. 

There were 272 single-family properties sold during January, also a year-to-year increase of 32.68%.

A total of 425 new single-family listings were offered to the market during the first month of the year, an increase of 32.40% compared to this time one year ago. 

Single-family homes are on the market for an average of 30 days before being sold, a drop of 23.08% from the previous year.

At the beginning of February 2021, San Mateo County had approximately 1.5 months of single-family home inventory available to buyers, a year-to-year decrease of inventory by 16.67%.

READ MORE HERETo read detailed report click here!
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San Mateo County Condo Stats

The median sale price for condos and townhomes in San Mateo County ended January 2021 at $811,250, a year-to-year drop in the price of 4.8%. 

There were a total of 112 condos and townhomes sold in San Mateo County last month, a year to year increase in sales activity of 36.59%.

There 200 new condo and townhomes listing to be offered to buyers during January 2021, a steep year-to-year increase of 58.73% in the new listing activity.

Condos and townhomes being offered for sale in San Mateo County are on the market for an average of 38 days before being sold, an increase of 2.8% from one year ago.

San Mateo began the month of February 2021 with approximately 2.1 months of condo/townhome inventory available to buyers, good news for buyers though as condo/townhome inventory levels have increased by 23.53 from this time one year ago. 

READ MORE HERETo read detailed report click here!
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Summary of Numbers [KW Peninsula Estates Market Report]

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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
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San Mateo County Market Reports from 2021

January 2021February 2021
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San Mateo County Market Reports from 2020

January 2020February 2020
May 2020June 2020
July 2020August 2020
September 2020October 2020
November 2020December 2020
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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 $1,537,500 or less.

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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 $811,250 or less.

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Summary
Real Estate Market Report -This Month 2021
Article Name
Real Estate Market Report -This Month 2021
Description
The Chris Eckert Real Estate Team is excited to bring you this February 2021 market report. Give us a call at the Chris Eckert Real Estate Team | 650.627.3799 and we can answer all your real estate questions.
Author
Chris Eckert
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Chris Eckert Real Estate Team
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Chris Eckert Real Estate Team

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Chris Eckert Real Estate
Keller Williams Peninsula Estates
16 E Third Avenue
San Mateo, CA 94401

650.627.3799

CalDRE 01906450

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