San Mateo County Real Estate Market Update

January Market Statistics for San Mateo County~

  • Median home prices increased by35.1%year-over- year to $932,500 from $690,000.
  • The averagehomesalespriceroseby46.3%year- over-year to $1,383,920 from $945,876.
  • Home sales fell by 5.4% year-over-year to 228 from 241.
  • Active listings fell 7.5% year-over-year to 333 from 360.
  • Sales price vs. list price ratio rose by 1.4% year- over-year to 104.0% from 102.6%.
  • The average days on market fell by 8.8% year- over-year to 37 from 41.

Compared To Last Month

  • Medianhomepricesslippedby6.8%to$932,500 from $1,000,000.
  • Theaveragehomesalespricefellby2.3%to $1,383,920 from $1,416,280.
  • Homesalesdownby20.8%to228from288.
  • Active listings increased 12.9% to 333 from 295. • Sales price vs. list price ratio increased by 1.2% to 104.0% from 102.8%.
  • The average days on market increased by 1.0% to 37 from 37.