$1,995,000
1,800 SqFt
2 Beds
•2 Full Baths, 1 Partial
John Cella, Listing Office: Christie's International Real Estate Sereno
November 2024
Report Updated 22 Days Ago
Is San Mateo, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, San Mateo has remained a Seller's Market.
How much do homes in San Mateo, CA cost?
$1,650,987
$1,065/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in San Mateo was $1,650,987 in November 2024, up 13.6% from last year, and the median price per square foot was $1,065.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $600K | $585K | -2.5% |
2 Bedrooms | $1.1M | $1.1M | +3.4% |
3 Bedrooms | $1.5M | $1.8M | +15.8% |
4 Bedrooms | $2.2M | $2.5M | +11.6% |
5+ Bedrooms | $2.6M | $2.7M | +3.8% |
Summary: San Mateo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 3.8%.
San Mateo | $1.4M | $1.6M | +13.6% |
Burlingame | $2.4M | $2.6M | +12.3% |
Belmont | $2.0M | $2.2M | +10.9% |
Foster City | $1.6M | $1.7M | +6.3% |
Hillsborough | $5.2M | $4.9M | -4.4% |
How many homes are available in San Mateo, CA?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
242 | 194 | -19.8% |
Summary: The San Mateo real estate market had 194 homes for sale in November 2024, a 19.8% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 25 | 24 | -4.0% |
2 Bedrooms | 88 | 73 | -17.0% |
3 Bedrooms | 86 | 68 | -20.9% |
4 Bedrooms | 31 | 21 | -32.3% |
5+ Bedrooms | 12 | 8 | -33.3% |
Summary: The San Mateo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4%, 2 bedroom homes decreased by 17%, 3 bedroom homes decreased by 20.9%, 4 bedroom homes decreased by 32.3%, and 5+ bedroom homes decreased by 33.3%.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
82 | 66 | -19.5% |
21 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in San Mateo in November 2024, down by 19.5% month-over-month. Of the 62 sold homes, 34% were sold under asking, 5% were sold at asking, and 61% were sold over asking.
How long does it take to sell a home in San Mateo, CA?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
34 Days | 50 Days | +48.6% |
Summary: Homes in San Mateo had an average of 50 days on market in Nov 2024, up by 48.6% compared to last year.
51 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During November 2024, 66 homes were sold in San Mateo; 77% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 22 Days Ago
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, and San Francisco MLS for the period 12/01/2022 - 12/01/2024
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 9:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2024 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 9:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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