Intero's Market Report

San Mateo, CA

Single-Family Homes



San Mateo, CA

Sat Oct 16 2021
This week the median list price for San Mateo, CA is $1,649,000 with the market action index hovering around 79. This is about the same as last month's market action index of 79. Inventory has increased to 44. Click here to stay informed with the San Mateo market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

San Mateo, CA

Sat Oct 16 2021
This week the median list price for San Mateo, CA is $1,649,000 with the market action index hovering around 79. This is about the same as last month's market action index of 79. Inventory has increased to 44. Click here to stay informed with the San Mateo market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the San Mateo market.
Median List Price $1,649,000
Median Price of New Listings $1,698,000
Per Square Foot $1,092
Average Days on Market 39
Median Days on Market 7
Price Decreased 20%
Price Increased 9%
Relisted 9%
Inventory 44
Median Rent $4,948
Market Action 79
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,275,000 2,978 8,000 - 10,000 sqft 4 3 69 3 3 7
$2,088,000 2,030 4,500 - 6,500 sqft 4 2 79 6 6 0
$1,528,000 1,330 4,500 - 6,500 sqft 3 2 72 5 4 7
$1,199,000 1,050 4,500 - 6,500 sqft 3 1 72 3 3 35