Real Estate Market Report – This Month 2023

Welcome to this month’s real estate market report for the area of San Mateo County, California. The San Mateo real estate market continues to be active, sale prices for single-family homes increased only slightly from the previous month, while sale prices for condos dropped month to month. Find out more about the San Mateo County real estate market in this helpful report.

Are you looking to buy a home or condo in the beautiful San Mateo County? Begin your search for the perfect home here with our fast and easy-to-use search tool. Locate homes by price, size, location, and more! Be sure to save your favorite properties you want to tour, then, sign up to be notified as soon as new listings become available so you don’t miss out! Get started today.

Home values are increasing in San Mateo and some homeowners are considering selling. The first step to selling your is to know how much your home is worth. Home values differ from neighborhood to neighborhood and street to street. Your property is unique and you must know its exact value. Find out what your home may be worth with our free home valuation tool. Simply enter some basic information about your property and we will provide you with a confidential market summary of your home. Don’t hesitate, find out today!

San Mateo County Housing Stats

The median sale price for single family homes in San Mateo County at the end of September 2023 was $1,800,000

There was a total of 299 single-family properties sold in San Mateo County last month

A total of 531 new single-family property listings hit the market in San Mateo County during the month of September

There is approximately two months of single-family home inventory available to buyers in San Mateo.

Single-family property listings are on the market for an average 25 days before being sold, and sellers are getting 103.4% of their original list price at closing.

San Mateo County Condo Stats

At the end of September, the median sale price for condos in San Mateo County was $902,000.

There was a total of 86 condo properties sold in San Mateo County during the month of September.

A total of 144 new condo listings were offered to the market in San Mateo County for September.

There is approximately 2.6 months of condo inventory available in San Mateo County.

Condos are on the market for an average of 35 days before being sold, and sellers of condos were getting 100.6% of their asking price at closing.

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 $1,800,000 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 $902,000 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 May 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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