Mike Bohnert | The Bohnert Group

San Mateo, CA

Single-Family Homes

DRE #01325031



San Mateo, CA

Sun Nov 16 2025
This week the median list price for San Mateo, CA is $2,399,444 with the market action index hovering around 65. This is about the same as last month's market action index of 65. Inventory has decreased to 50. 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

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

San Mateo, CA

Sun Nov 16 2025
This week the median list price for San Mateo, CA is $2,399,444 with the market action index hovering around 65. This is about the same as last month's market action index of 65. Inventory has decreased to 50. 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

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the San Mateo market.
Median List Price $2,399,444
Median Price of New Listings $2,099,500
Per Square Foot $1,199
Average Days on Market 75
Median Days on Market 28
Price Decreased 30%
Price Increased 2%
Relisted 8%
Inventory 50
Median Rent
Market Action 65
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
$3,798,000 3,030 6,500 - 8,000 sqft 4 4 49 0 1 42
$2,625,000 2,333 0.25 - 0.5 acre 4 3 69 2 2 31
$1,900,000 1,650 4,500 - 6,500 sqft 3 2 79 3 4 21
$1,311,500 1,100 4,500 - 6,500 sqft 3 2 73 1 2 31