Intero's Market Report

San Mateo, CA

Single-Family Homes



San Mateo, CA

Tue Nov 24 2020
This week the median list price for San Mateo, CA is $1,748,000 with the market action index hovering around 66. This is about the same as last month's market action index of 66. Inventory has held steady at or around 57. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Mateo, CA

Tue Nov 24 2020
This week the median list price for San Mateo, CA is $1,748,000 with the market action index hovering around 66. This is about the same as last month's market action index of 66. Inventory has held steady at or around 57. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Mateo market.
Median List Price $1,748,000
Per Square Foot $986
Days on Market 53
Price Decreased 32%
Price Increased 2%
Relisted 4%
Inventory 57
Median Rent $4,300
Most Expensive $7,595,000
Least Expensive $995,000
Market Action 66
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$2,541,500 2,420 8,000 - 10,000 sqft 4 3 64 4 2 24
$1,965,000 2,112 4,500 - 6,500 sqft 4 3 68 5 4 47
$1,545,000 1,535 4,500 - 6,500 sqft 3 2 76 1 5 93
$1,199,000 1,190 4,500 - 6,500 sqft 3 2 72 1 6 46