Home Sales Low Point in San Mateo Real Estate Market

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:

$338K   $449K   $470K  

Get started right now by checking out San Mateo homes for sale or reviewing San Mateo real estate trends.

Demographic facts about San Mateo:

  • 45.6% of the people living here rent their homes.
  • 10-year job market growth is projected to be 36.5%.
  • The student per librarian ratio in this area is 2,385:1. (803:1 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Intero Real Estate Services
Snapped 4 homes in this area
Heritage Realty
Snapped 9 homes in this area
Coldwell Banker
Snapped 55 homes in this area

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