San Mateo, CA Housing Market
The San Mateo housing market is most competitive. Homes in San Mateo receive 6 offers on average and sell in around 11 days. The median sale price of a home in San Mateo was $1.6M last month, up 1.3% since last year. The median sale price per square foot in San Mateo is $1.1K, down 2.5% since last year.
San Mateo Housing Market Trends
In April 2024, San Mateo home prices were up 1.3% compared to last year, selling for a median price of $1.6M. On average, homes in San Mateo sell after 11 days on the market compared to 19 days last year. There were 77 homes sold in April this year, up from 49 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the San Mateo housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 7% above list price and go pending in around 12 days.
- Hot homescan sell for about 14% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 8% above list price and go pending in around 10 days.
- Hot homescan sell for about 14% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 10 days.
- Hot homescan sell for about 12% above list price and go pending in around 7 days.
San Mateo Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into San Mateo from outside metros.
- New York homebuyers searched to move into San Mateo more than any other metro followed by Santa Barbara and Pensacola.
- 78% of San Mateo homebuyers searched to stay within the San Mateo metropolitan area.
- Sacramento was the most popular destination among San Mateo homebuyers followed by Los Angeles and San Diego.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 463 | ||
2 | 142 | ||
3 | 90 | ||
4 | 66 | ||
5 | 39 | ||
6 | 11 | ||
7 | 9 | ||
8 | 4 | ||
9 | 3 | ||
10 | 2 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 12,167 | ||
2 | 3,361 | ||
3 | 2,714 | ||
4 | 1,822 | ||
5 | 1,808 | ||
6 | 1,448 | ||
7 | 1,370 | ||
8 | 1,367 | ||
9 | 1,351 | ||
10 | 1,320 |
Home offer insights for San Mateo
Recent offers
- Offer Not Accepted|4 Weeks Ago~$1.5M OfferSold for $1.75M3 bd | 2.5 ba | ~2,250 sqftUnder List Price4%Days on Market13Competing Offers2Down Payment~20%
- Offer Not Accepted|7 Weeks Ago~$1.25M OfferSold for $1.5M2 bd | 2.5 ba | ~1,250 sqftOver List Price2%Days on Market7Competing Offers5Down Payment—
- Offer Not Accepted|8 Weeks Ago~$3.25M OfferSold for $3.5M3 bd | 2 ba | ~1,750 sqftOver List Price14%Days on Market15Competing Offers6Down Payment—
- Offer Not Accepted|10 Weeks Ago~$2.5M OfferSold for $2.5M4 bd | 3 ba | ~2,500 sqftOver List Price8%Days on Market8Competing Offers4Down Payment—
- Offer Not Accepted|12 Weeks Ago~$3M OfferSold for $3.25M3 bd | 2.5 ba | ~2,500 sqftOver List Price8%Days on Market16Competing Offers6Down Payment—
View houses in San Mateo that sold recently
Recently sold homes
- $3,210,000 Last Sold Price3 beds2.5 baths2,043 sq ft132 Avila Rd, San Mateo, CA 94402List Price$2,698,000Sale to List19% over listDays on Market20 days132 Avila Rd, San Mateo, CA 94402
- $2,000,000 Last Sold Price3 beds2 baths1,700 sq ft960 Rosewood Dr, San Mateo, CA 94401List Price$2,000,000Sale to List0% over listDays on Market40 days960 Rosewood Dr, San Mateo, CA 94401
- $1,400,000 Last Sold Price2 beds1 bath1,010 sq ft811 Sunnybrae Blvd, San Mateo, CA 94402List Price$1,299,000Sale to List8% over listDays on Market36 days811 Sunnybrae Blvd, San Mateo, CA 94402
- $2,050,000 Last Sold Price4 beds3.5 baths2,071 sq ft2893 Baze Rd, San Mateo, CA 94403List Price$1,998,800Sale to List3% over listDays on Market37 days2893 Baze Rd, San Mateo, CA 94403
- $1,620,000 Last Sold Price2 beds1.5 baths1,710 sq ft100 Borel Ave, San Mateo, CA 94402List Price$1,749,000Sale to List7% under listDays on Market43 days100 Borel Ave, San Mateo, CA 94402
- $3,875,000 Last Sold Price4 beds3.5 baths3,470 sq ft424 W Poplar Ave, San Mateo, CA 94402Dombroski Realty Coldwell Banker RealtyList Price$4,300,000Sale to List10% under listDays on Market60 days424 W Poplar Ave, San Mateo, CA 94402
- $2,400,000 Last Sold Price4 beds4 baths2,470 sq ft414 W Hillsdale Blvd, San Mateo, CA 94403List Price$2,400,000Sale to List0% over listDays on Market0 days414 W Hillsdale Blvd, San Mateo, CA 94403
- $1,628,800 Last Sold Price3 beds2.5 baths1,268 sq ft10 N Humboldt St, San Mateo, CA 94401List Price$1,299,000Sale to List25% over listDays on Market29 days10 N Humboldt St, San Mateo, CA 94401
See all recently sold homes in San Mateo.
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Schools in San Mateo
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Central Elementary School Public • K-5 | 440 Students | 8 reviews |
9/10 College Park Elementary School Public • K-5 | 445 Students | 22 reviews |
8/10 North Shoreview Montessori Elementary School Public • K-8 | 290 Students | 9 reviews |
8/10 South Hillsborough School Public • K-5 | 216 Students | 7 reviews |
8/10 Cipriani Elementary School Public • K-5 | 471 Students | 13 reviews |
Climate's impact on San Mateo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in San Mateo.
Flood Factor - Extreme
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in San Mateo
Walk Score®
Transit Score®
Bike Score®
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