San Mateo County Real Estate Market Sees Home Sales Down

The San Mateo County market slowed this week but was still better than normal as sales fell 2.9% to 613 homes sold over the last 30 days. Within the same time period, Santa Clara County had 1,521 sales, the most of all counties in the area. Potential buyers should note that prices went up in San Mateo County, with the median for this period rising from $1,250,000 to $1,278,000. Despite the slip in sales, a relatively low one month of inventory indicates that San Mateo County is a strong seller's market.

For the best bang for your buck, check out these listings that recently had significant price cuts in San Mateo County:

$16.9M   $20M   $17.8M  

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

Demographic facts for San Mateo County:

  • The percentage of people who own their homes is 56.5%.
  • Job market growth came in at 1.98% last year.
  • The students per teacher ratio in this area is 20.2:1. (15.3:1 = national average)

Data reported through 6/14/2017

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