Mike Bohnert | The Bohnert Group
San Mateo, CA
Single-Family Homes
DRE #01325031
San Mateo, CA
Sun Jul 26 2026
This week the median list price for San Mateo, CA is $2,098,000 with the market action index hovering around 82. This is an increase over last month's market action index of 80. Inventory has decreased to 27.
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 cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.
Real-Time Market Profile
| Median List Price | $2,098,000 | |
| Median Price of New Listings | $2,248,000 | |
| Per Square Foot | $1,134 | |
| Average Days on Market | 115 | |
| Median Days on Market | 35 | |
| Price Decreased | 11% | |
| Price Increased | 4% | |
| Relisted | 4% | |
| Inventory | 27 | |
| Median Rent | ||
| Market Action | 82 | |
| Strong Seller's Market | ||
This week prices bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.
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 | 3,600 | 8,000 - 10,000 sqft | 4 | 4 | 1 | 0 | 1 | 49 |
| $2,480,000 | 2,300 | 4,500 - 6,500 sqft | 3 | 2.5 | 77 | 4 | 1 | 0 |
| $1,880,000 | 1,920 | 4,500 - 6,500 sqft | 4 | 2 | 81 | 1 | 1 | 42 |
| $1,493,444 | 1,333 | 4,500 - 6,500 sqft | 3 | 2 | 72 | 1 | 4 | 17 |