Andrew La Mont

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San Mateo County

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Trends At A Glance Mar 2014 Previous Month Year-over Year
Median Home Price +18.7%$1,080,500 $910,000 +25.1%$863,750
Average Sales Price +19.8%$1,433,460 $1,196,080 +24.0%$1,155,640
No. of Homes Sold +53.5%370 241 -11.7%419
Pending Properties +30.2%470 361 -12.8%539
Foreclosures Sold 0.0%4 4 -75.0%16
Short Sales Sold -38.5%8 13 -76.5%34
Active Listings -1.7%512 521 -22.1%657
Active Foreclosures +40.0%7 5 -46.2%13
Active Short Sales -30.4%16 23 -84.6%104
Sales Price vs. List Price +0.4%106.4% 106.0% +1.4%104.9%
Average Days on Market -17.2%26 31 -15.0%30

Market MomentumEnlarge Graph

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Market Report Commentary

Spring Surge

A price surge in March pushed home prices to new highs in San Mateo County. The median price for single-family, re-sale homes went over $1,000,000 for the first time since October 2007 and set the new record at...

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Mortgage Rate Outlook

Mar 4, 2014 -- The freshest economic indicators suggest that we are starting to move away from any weather-related holdback in growth, but it looks as though it will be more of a "slipping away from" than a "shaking...

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Foreclosure Statistics

Notices of default, the first step in the foreclosure process, in San Mateo County fell 35.1% in February from January. Year-over-year, notices were off 21.8%. Notices of sale, which set the date and time of an auction, and...

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San Mateo County Stats At A Glance

Year-Over-Year Median home prices increased by 25.1% year-over-year to $1,080,500 from $863,750. The average home sales price rose by 24.0% year-over-year to $1,433,460 from $1,155,640. Home sales fell by 11.7%...

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Prices & SalesEnlarge Graph

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Sales BreakdownEnlarge Graph

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Days of InventoryEnlarge Graph

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Sales To DateEnlarge Graph

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Sale Price RatioEnlarge Graph

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