San Mateo County Real Estate Trends
February 2023
Above is the market real estate "snapshot" in Silicon Valley (previous snapshots, including a pre-corona snapshot, are below.) As of February 2, 2023 in San Mateo County, there are 514 homes active on the market in San Mateo County alone (362 of those are single family, 152 condos and townhouses). More San Mateo County numbers: Average days on market before going into contract is 43, and listings are selling at a rate of 98.6% of the list price. San Mateo County average single family home is $2,203,980 and the median price of a single family home is $1,485,000. One year ago the average single family price in San Mateo County was $2,459,884. The average across San Mateo County properties (including condos and townhomes) is $1,928,101 and the supply is 2.5 months of inventory.
We update the San Mateo County Real Estate Price Trends regularly, looking up statistics manually directly from the MLS. This is not a system generated report. If you are looking for a Bay Area Realtor, we're here to help. We'd be happy to answer questions about buying a home in the Bay Area, the home selling process, or any other question you have.
If you'd like a customized market report for your town, area, or zip code please let us know - our home selling team is happy to prepare it for you.
We are a team of Silicon Valley Realtors (and beyond) ready to help with your questions.
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