Marisa Wacchorst - San Mateo Aug 2024

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SanMateo County

What's in the San Mateo Cou data?

There were 447 single-family homes for sale, providing 1.5 months of inventory. There wer new listings, and 314 homes sold at a media price of $2m. The median overbid percentage at 103 1%, with an average of 22 days on the market.

There were 252 condo and townhome units f sale, providing 2.8 months of inventory. Ther were 145 new listings and 99 units sold at a median sale price of $1m. The median overb percentage was at 100%, with an average of days on the market

371 New Listings

314 Sold Listings

1.5 Months of Inventory

$2M Median Sale Price

103.1%

Median Sale vs List

22 Avg Days on Market

145

New Listings

99

Sold Listings

2.8

Months of Inventory

$1M

Median Sale Price 100%

Median Sale vs List

28 Avg Days on Market

SanMateoCounty

JULY 2023 - JULY 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 8m last July 2023, to $2m as of July 2024

Condos & Townhomes

The median sale price has increased from $923k last July 2023, to $1m as of July 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 20 days last July 2023, to 22 days as of July 2024

Condos & Townhomes

The average time spent on the market went down from 33 days in July 2023, to 28 days as of July 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 101 8% last July 2023, to 103 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.8% last July 2023, to 100% a year later.

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