San Mateo County, CA Home Values & Market Trends
The median home price in San Mateo County, CA is $1,497,570.3. There were 5,148 home sales in San Mateo County, CA over the past 12 months. The median residential San Mateo County, CA home value for transactions over the previous year is $1,437,665.027. The number of current listings in San Mateo County, CA is 155, and the percentage of properties for sale is 155.00%. The county has 113 foreclosures, 16 bank owned properties, 46 headed for auction, and 155 properties for sale.
San Mateo County, CA Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
San Francisco | $ 1,267,000 $ 1,010/sqft | Burlingame | $ 1,059,500 $ 892/sqft |
San Mateo | $ 1,342,375 $ 893/sqft | Millbrae | $ 1,304,375 $ 929/sqft |
Redwood City | $ 1,797,500 $ 969/sqft | Half Moon Bay | $ 1,699,000 $ 829/sqft |
Menlo Park | $ 3,351,545 $ 1,679/sqft | Brisbane | $ 995,000 $ 680/sqft |
Daly City | $ 1,100,000 $ 811/sqft | Portola Valley | $ 6,768,000 $ 1,618/sqft |
South San Francisco | $ 830,000 $ 802/sqft | Moss Beach | $ -- $ -- |
Atherton | $ 5,629,000 $ 1,343/sqft | Pescadero | $ -- $ -- |
San Bruno | $ 1,092,000 $ 1,086/sqft | La Honda | $ -- $ -- |
San Carlos | $ 2,540,000 $ 923/sqft | Loma Mar | $ -- $ -- |
Pacifica | $ 1,129,000 $ 971/sqft | Montara | $ -- $ -- |
Belmont | $ 2,452,800 $ 1,075/sqft | San Gregorio | $ -- $ -- |
Housing Market Summary for San Mateo County, CA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $1.8M | $1.5M | -16.88% |
Median Sold Price | $1.6M | $1.5M | -4.62% |
Homes For Sale | 168 | 160 | -4.76% |
Homes Sold | 4,854 | 5,264 | 8.45% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in San Mateo County, CA
San Mateo County, CA home values range from $98,478 to $40,517,250. Atherton is the priciest city with a median listing home price of $10,495,000, and Moss Beach is most affordable with average house prices of around $415,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.03% of all residential properties in San Mateo County, CA with San Francisco containing 60 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 22 cities within San Mateo County, CA; of those cities, the estimated home value for pre-foreclosure homes ranges from $3,189,750 in Atherton to the lowest home value of $479,597 in San Francisco.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in San Mateo County, CA ranges from the highest value of $2,799,000 in Burlingame to the lowest value of $391,750 in San Francisco. Bank owned homes and properties account for 0.01% of properties in San Mateo County, CA. There are 22 cities within San Mateo County, CA; San Francisco containing 24 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsSan Francisco has 53 auction properties, the highest number of properties going to auction in a single city in the state of San Mateo County, CA. Auction homes and other auction properties account for 0.02% of all properties in San Mateo County, CA. There are 22 cities within San Mateo County, CA; of those cities, the median estimated home value for homes going to auction ranges from $9,995,000 in Atherton to the lowest value of $509,000 in Atherton.
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Guide for San Mateo County, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.
Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.
The San Bernardino real estate market is experiencing stability and modest growth. Median property values are consistent, while foreclosures, pre-foreclosures, and auctions present unique investment opportunities due high avg values.