Real Estate Market Report – This Month 2023

Welcome to this month’s real estate market report for San Mateo County, California. San Mateo continues to be a highly sought-after market for home buyers. Overall the market is in a slower period than what is typical. Single-family home prices have increased month to month, while condo sale prices have dropped. Both home and condo markets have a month and a half of inventory available to buyers. Find out more about the San Mateo real estate market in this helpful report.

Have you been searching for a home to buy in San Mateo and frustrated by lack of results? Start your search here to find the perfect home or condo for you. Find properties by price, size, location, and more. Be sure to save your favorites that you want to tour. Next, register to be notified as soon as new properties become available so you don’t miss out! Get started today!

Are you ready to sell your home or condo, but just not sure for what price? Find out what your property is worth by using our free home valuation tool. Simply enter some basic information about your home and we will provide you a confidential market summary with a suggested listing price. All home values are unique, find out what yours is worth today!

San Mateo County Housing Stats

The median sale price for single family homes in San Mateo County was $1,900,000 at the end of April 2023.

There was a total of 193 single-family properties sold in San Mateo last month.

A total of 331 new listings hit the market last month, which brings total inventory available to buyers in San Mateo to 1.5 months.

Single-family homes were on the market for an average of 21 days during April before beings sold, and sellers were getting just 97% of their original list price at closing.

San Mateo County Condo Stats

The median sale price for condos in San Mateo County at the end of April 2023 was $857,000.

There was a total of 54 condos sold last month in San Mateo.

A total of 107 new condo listings hit the market during April, this brings the total of condo inventory in San Mateo to 1.6 months.

Condos in San Mateo were on the market for an average of 32 days before being sold, and sellers of condos were getting 101.2% of their list price at closing.

San Mateo County Market Reports from 2023

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 $1,900,000 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 $857,000 or less.

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Real Estate Market Report -This Month 2023
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Real Estate Market Report -This Month 2023
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The Chris Eckert Real Estate Team is excited to bring you this January 2023 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.
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Chris Eckert Real Estate Team
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