The San Mateo market hit a low point in the last 30 days, continuing a five-week trend. Sales fell 13.2% to 66 homes, the lowest amount since April. When comparing other close-by municipalities within the same period, the most came from Oakland with 231 sales. The median sales price rose to $1,020,500, up from last week's $1,018,000. There is only one month of inventory available in San Mateo, so it's still definite seller's market, even with the shrinking sales numbers.
If you want a low price tag for your next home, these listings are the most affordable San Mateo has to offer:
Get started right now by checking out San Mateo homes for sale or reviewing San Mateo real estate trends.