The San Mateo Terrace housing market is most competitive. The median sale price of a home in San Mateo Terrace was $2.4M last month, up 26.5% since last year. The median sale price per square foot in San Mateo Terrace is $1.22K, up 23.2% since last year.
What is the housing market like in San Mateo Terrace today?
In October 2024, San Mateo Terrace home prices were up 26.5% compared to last year, selling for a median price of $2.4M. On average, homes in San Mateo Terrace sell after 18 days on the market compared to 12 days last year. There were 5 homes sold in October this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$2,420,000
+26.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
San Mateo Terrace, CA
$2,420,000
+26.5%
United States
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How hot is the San Mateo Terrace housing market?
San Mateo Terrace is most competitive. Homes sell in 14 days.
0
100
93
Most 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 9 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 7% above list price and go pending in around 14 days.
Hot homes
can sell for about 11% above list price and go pending in around 8 days.
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 Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in San Mateo Terrace.
Flood Factor - Minor
2% of properties are at risk of severe flooding over the next 30 years
Flood Factor
San Mateo Terrace has a minor risk of flooding. 2 properties in San Mateo Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 2% of all properties in San Mateo Terrace. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
San Mateo Terrace has a moderate risk of wildfire. There are 44 properties in San Mateo Terrace that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in San Mateo Terrace.
San Mateo Terrace has minimal risk of severe winds over the next 30 years
Wind Factor
San Mateo Terrace has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
98% of properties are at minor
risk of heat over the next 30 years
Heat Factor
San Mateo Terrace has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in San Mateo Terrace have a Minor Heat Factor®.
San Mateo Terrace is expected to see a 114% increase in the number of days over 86ºF over the next 30 years. San Mateo Terrace is expected to experience 7