September 14, 2022
In San Mateo, the median sold price for single-family homes in August 2022 was similar to last year at $1.8 million. The number of homes sold decreased to 339 and the number of new listings also decreased to 406. The number of condo & townhomes sales decreased month-over-month to $899 thousand with 128 units sold and 144 new listings. Buyers are also still being aggressive...
August 23, 2022
In San Mateo, the median sold price for single-family homes in July slightly decreased month-over-month to $1.8 million. The number of homes sold decreased to 330 and the number of new listings also decreased to 443. The number of condo & townhouses sales decreased month-over-month at $897,500 with 110 units sold and 149 new listings. Buyers are also still being aggressive with their offer prices,...
July 14, 2022
San Mateo’s median sold price for single-family homes slightly decreased month-to-month to $2.15 million. The number of homes sold decreased to 322 while the number of new listings was 889. The number of condo & townhouses sales decreased marginally to $1 million with 335 new listings and 109 homes sold. Buyers are also still being aggressive with their offer prices, with the median offer price...
May 19, 2022
San Mateo’s median sold price for single-family homes increased month-to-month to $2.4 million, continuing to create an all-time high. The number of homes sold was 377 while the number of new listings was 757. The number of condo & townhouses sales increased this month to $1.1 million with 268 new listings and 132 homes sold. Buyers are also still being aggressive with their offer prices,...
September 12, 2020
From all my conversations with clients, family and friends, everyone wants to know about how the housing market is holding up during these crazy times. Covid-19 may have had an impact on how we do business, but I am happy to report that in August, the market really held up well! Let’s dig in. In San Mateo County, for single family homes, the number of...
August 19, 2020
San Mateo County had another scorching July In this update you’ll see how Covid-19 has impacted the housing market in San Mateo County. Spoiler Alert: It is hot! New homes and number of sales continue to be high. Active and Pending Sales are high. Median and Average Prices remain high. Homes are selling fast, and for great prices. There is a lot of motivation on...
July 10, 2020
The numbers in June are surprisingly strong. Both single family homes and townhome/condos showed resilience. I waited for the full month to make this report so I could give the most accurate data. And here it is. The number of sold homes dropped in April, but picked right back up. Homes are outpacing townhome/condo sales. An increasing number of homes have also hit the market....
April 27, 2020
In this video I highlight the precipitous drop in home sales this past month due to shelter in place. I also show that home prices have remained high, despite lagging sales. There are still buyers. There are still sellers. If your home needs to be sold, or if you need to buy a home, we have a strategy for your success. Give me a call...
April 15, 2020
San Mateo County Real Estate Market Update – April 2020 The county-wide shelter in place order that took effect in mid-March ground most real estate activity to a halt. Our local MLS shut down virtually all activity – no open houses, no brokers tours, no private showings. These restrictions eased slightly with the recent ruling by the State of California that residential real estate is...
March 23, 2020
MLSListings Silicon Valley and Coastal Regions Single-Family Homes Market Overview Inventory and Median Days on Market Drop Again Inventory was again down year-over-year across all five MLSListings counties, maintaining a trend from the end of 2019. Inventory fell the least in Santa Cruz (12% less than last year) and decreased the most in Santa Clara (37% less than last February). The market continued to move...