April 2025 Report
Single Family Homes in San Mateo County, All Cities, All Neighborhoods Change >
Average Price$2,828,850
+1.2%
Pending Properties238
+1.3%
Sale/List Price Ratio106.8%
-1.1%
Trends at a Glance
| Trends At a Glance |
Apr 2025 |
Previous Month |
Year-over-Year |
| Median Price |
$2,263,000 (+2.2%) |
$2,215,000 |
$2,100,000 (+7.8%) |
| Average Price |
$2,828,850 (+1.2%) |
$2,795,980 |
$2,630,520 (+7.5%) |
| No. of Sales |
291 (+33.5%) |
218 |
276 (+5.4%) |
| Pending |
238 (+1.3%) |
235 |
240 (-0.8%) |
| Active |
429 (+25.1%) |
343 |
342 (+25.4%) |
| Sale vs. List Price |
106.8% (-1.1%) |
108.1% |
106.9% (0.0%) |
| Days on Market |
19 (+10.0%) |
18 |
16 (+21.3%) |
| Days of Inventory |
43 (-9.4%) |
47 |
36 (+19.0%) |
Market Commentary
Sales of single-family, re-sale homes in San Mateo County rose 5.4% in April, year-over-year. There were 291 homes sold in San Mateo County last month. The average since 2000 is 398.
The median sales price for single-family, re-sale homes was $2,226315,000. It was up 7.8% compared to last year.
The average sales price rose 7.5% year-over-year.
The sales price to list price ratio fell from 108.1% to 106.8%.
Inventory of single-family, re-sale homes was up 25.4% compared to last year. As of May 5th, there were 429 homes for sale in San Mateo County. The average since January 2000 is 1,287.
Days of Inventory, or the amount of time it would take to sell all homes for sale divided by how many homes have sold, fell from forty-seven days to forty-three days.
It took nineteen days, on average, to sell a home last month. That is the time from when a home is listed to when it goes into contract.
The median sales price for re-sale condos fell 4.5% year-over-year.
Year-over-year, the average sales price fell 0.2%.
Condo sales were up 39% year-over-year. There were 107 condos sold last month. The average since January 2003 is 122.
Inventory was up 58.6% year-over-year.
As of May 5th, there were 241 condos for sale in San Mateo County. The average since January 2003 is 350.
Days of inventory fell from seventy-three to sixty-five.
It took an average of twenty-one days to sell a condo last month.
If you are planning on selling your property, call me for a free comparative market analysis.