San Mateo, CA Housing Market & Real Estate

Strong seller's market-6.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in San Mateo, CA is $1.43M, down 6.4% year-over-year. Homes sell in an average of 13 days with 98 active listings. The market is currently a strong seller's market.

$1.43Mmedian sale price

Homes sold

49

Last 12 weeks

Days on market

13

Fast-moving

Active listings

98

2.0 months supply

Sale-to-list

105.9%

Above asking

San Mateo, CA market data

Current housing market statistics for San Mateo, CA
MetricValue
Median sale price$1.43M
Median list price$1.50M
Year-over-year price change-6.4%
Average days on market13 days
Active inventory98 listings
Months of supply2.0 months
Sale-to-list price ratio105.9%
Market conditionStrong seller's market

Source: Redfin · Updated weekly

The San Mateo housing market is currently classified as a strong seller's market with a median sale price of $1.43M. Prices have fallen 6.4% compared to last year, with homes spending an average of 13 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in San Mateo

There are currently 98 homes listed for sale in San Mateo, California. The median listing price is $1.5M. Featured listings range from $540,000 to $2,988,000.

1 bedroom condo for sale at N Delaware St Unit 409 San Mateo 94401 - $540,000
New listing
32
$540,000

N Delaware St Unit 409

San Mateo, CA 94401

1 bd1 ba693 sqft
Condo680 sqft lot

Elfie Ravens · Coldwell Banker Realty

More about this property
2 bedroom condo for sale at 1700 DE Anza Blvd Apt 108 San Mateo 94403 - $788,000
New listing
48
$788,000

1700 DE Anza Blvd Apt 108

San Mateo, CA 94403

2 bd2 ba1,060 sqft
Condo1,162 sqft lot
Est. $907KSold 2022 for $908K

Nestor Icaza · eXp Realty of California Inc

More about this property
2 bedroom house for sale at 712 E 5th Ave San Mateo 94402 - $1,188,000
New listing
26
$1,188,000

712 E 5th Ave

San Mateo, CA 94402

2 bd1 ba946 sqft
House5,079 sqft lot
Est. $1.3MSold 1986 for $140K

Tyler Cassacia · Compass

More about this property
2 bedroom condo for sale at 225 9th Ave Apt 105 San Mateo 94401 - $1,260,000
New listing
33
$1,260,000

225 9th Ave Apt 105

San Mateo, CA 94401

2 bd2 ba1,287 sqft
Condo
Est. $1.2MSold 2012 for $563K

Jessie Myers · Coldwell Banker Realty

More about this property
2 bedroom townhouse for sale at 411 Longden Ave San Mateo 94403 - $1,538,800
New listing
53
$1,538,800

411 Longden Ave

San Mateo, CA 94403

2 bd3 ba1,360 sqft
Townhouse
Est. $1.5MSold 2019 for $1.4M

Sophia Wong · KW Advisors

More about this property
New listing
$1,598,000

226 N Fremont St

San Mateo, CA 94401

4 bd3 ba3,020 sqft
House8,350 sqft lot
Sold 1997 for $169K

Julie Halpin · Intero Real Estate Services

More about this property
3 bedroom house for sale at 640 Cuesta Ave San Mateo 94403 - $1,698,000
New listing
36
$1,698,000

640 Cuesta Ave

San Mateo, CA 94403

3 bd1 ba1,230 sqft
House5,000 sqft lot
Est. $1.7M

Jessica Eva · Golden Gate Sotheby's International Realty

More about this property
3 bedroom house for sale at 402 Stephen Rd San Mateo 94403 - $1,898,500
New listing
2
$1,898,500

402 Stephen Rd

San Mateo, CA 94403

3 bd2 ba1,520 sqft
House6,900 sqft lot
Est. $2.1MSold 2020 for $1.6M

Ella Sun · Compass

More about this property
4 bedroom house for sale at 1736 Hamlet St San Mateo 94403 - $1,949,000
New listingNew build
55
$1,949,000

1736 Hamlet St

San Mateo, CA 94403

4 bd3 ba1,700 sqft
House5,150 sqft lot
Est. $1.4MSold 2019 for $1.2M

Helen Li · Redfin

More about this property
3 bedroom house for sale at 511 Yale Dr San Mateo 94402 - $2,495,000
New listing
49
$2,495,000

511 Yale Dr

San Mateo, CA 94402

3 bd2 ba1,650 sqft
House6,098 sqft lot
Est. $2.7MSold 2020 for $2.3M

Lina Yang · KW Advisors

More about this property
3 bedroom house for sale at 2105 Stratford Way San Mateo 94403 - $2,750,000
New listing
30
$2,750,000

2105 Stratford Way

San Mateo, CA 94403

3 bd3 ba2,010 sqft
House9,246 sqft lot
Est. $2.7MSold 1986 for $89K

Chris Chalmers · Mainstreet Properties

More about this property
4 bedroom house for sale at 2117 Los Altos Dr San Mateo 94402 - $2,988,000
New listing
67
$2,988,000

2117 Los Altos Dr

San Mateo, CA 94402

4 bd3 ba1,720 sqft
House15,051 sqft lot
Est. $2.9MSold 2023 for $2.8M

Eric McCafferty · Golden Gate Sotheby's International Realty

More about this property

Looking to buy in San Mateo?

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Active listings

98

Homes on market

Median list price

$1.5M

Avg. days on market

13

Days until sale

New this week

83

Newly listed

Price drops:21.4%of listings
Sale-to-list:105.9%

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Frequently asked questions

What is the average home price in San Mateo?

The median home sale price in San Mateo is $1.43M, down 6.4% from last year.

How long do homes stay on market in San Mateo?

Homes typically spend 13 days on market before going under contract.

Is San Mateo a buyer's or seller's market?

With 2.0 months of supply, San Mateo is currently a strong seller's market.

How many homes are for sale in San Mateo?

There are currently 98 homes listed for sale in San Mateo, CA.

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