The San Mateo housing market is very competitive. Homes in San Mateo receive 5 offers on average and sell in around 18 days. The median sale price of a home in San Mateo was $1.6M last month, up 2.2% since last year. The median sale price per square foot in San Mateo is $1.06K, up 6.6% since last year.
What is the housing market like in San Mateo today?
In October 2024, San Mateo home prices were up 2.2% compared to last year, selling for a median price of $1.6M. On average, homes in San Mateo sell after 18 days on the market compared to 12 days last year. There were 85 homes sold in October this year, up from 61 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,625,000
+2.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
San Mateo, CA
$1,625,000
+2.2%
United States
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How hot is the San Mateo housing market?
San Mateo is very competitive. Homes sell in 17 days.
0
100
82
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 17 days.
Hot homes
can sell for about 10% above list price and go pending in around 10 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for San Mateo
Explore recent offers and recently sold homes in San Mateo
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on San Mateo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in San Mateo.
Flood Factor - Extreme
45% of properties are at risk of severe flooding over the next 30 years
Flood Factor
San Mateo has an extreme risk of flooding. 10,203 properties in San Mateo are likely to be
severely affected
by flooding over the next 30 years. This represents 45% of all properties in San Mateo. Flood risk is increasing slower than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
San Mateo has a moderate risk of wildfire. There are 1,178 properties in San Mateo that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in San Mateo.