Mike Bohnert | The Bohnert Group
San Mateo, CA
Single-Family Homes
DRE #01325031
San Mateo, CA
Mon Oct 05 2026
This week the median list price for San Mateo, CA is $1,974,950 with the market action index hovering around 75. This is less than last month's market action index of 76. Inventory has increased to 34.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Real-Time Market Profile
| Median List Price | $1,974,950 | |
| Median Price of New Listings | $2,396,500 | |
| Per Square Foot | $1,256 | |
| Average Days on Market | 97 | |
| Median Days on Market | 14 | |
| Price Decreased | 18% | |
| Price Increased | 0% | |
| Relisted | 12% | |
| Inventory | 34 | |
| Median Rent | ||
| Market Action | 75 | |
| Strong Seller's Market | ||
Price trends continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here.
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 |
|---|---|---|---|---|---|---|---|---|
| $4,775,000 | 3,124 | 8,000 - 10,000 sqft | 4 | 4 | 70 | 3 | 4 | 14 |
| $2,346,000 | 2,025 | 4,500 - 6,500 sqft | 4 | 2.8 | 82 | 3 | 2 | 7 |
| $1,788,000 | 1,830 | 4,500 - 6,500 sqft | 3 | 2 | 78 | 1 | 5 | 14 |
| $1,450,000 | 1,185 | 4,500 - 6,500 sqft | 2 | 2 | 72 | 3 | 1 | 28 |