June 2025 Report
Single Family Homes in San Mateo County, All Cities, All Neighborhoods Change >
Average Price$2,847,330
+4.4%
Pending Properties259
-1.9%
Sale/List Price Ratio103.3%
-1.5%
Trends at a Glance
| Trends At a Glance |
Jun 2025 |
Previous Month |
Year-over-Year |
| Median Price |
$2,150,000 (-2.3%) |
$2,200,000 |
$2,105,000 (+2.1%) |
| Average Price |
$2,847,330 (+4.4%) |
$2,727,890 |
$2,746,490 (+3.7%) |
| No. of Sales |
300 (-2.6%) |
308 |
293 (+2.4%) |
| Pending |
259 (-1.9%) |
264 |
235 (+10.2%) |
| Active |
458 (-7.7%) |
496 |
367 (+24.8%) |
| Sale vs. List Price |
103.3% (-1.5%) |
104.8% |
107.1% (-3.6%) |
| Days on Market |
22 (+21.6%) |
18 |
19 (+15.6%) |
| Days of Inventory |
44 (-8.4%) |
48 |
36 (+21.9%) |
Market Commentary
Sales of single-family, re-sale homes in San Mateo County rose 2.4% in June, year-over-year. There were 300 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 $2,150,000. It was up 2.1% compared to last year.
The average sales price rose 3.7% year-over-year.
The sales price to list price ratio fell from 104.8% to 103.3%.
Inventory of single-family, re-sale homes was up 24.8% compared to last year. As of July 5th, there were 458 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-eight days to forty-four days.
It took twenty-two 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 20.4% year-over-year.
Year-over-year, the average sales price fell 17.3%.
Condo sales were down 7.4% year-over-year. There were 75 condos sold last month. The average since January 2003 is 122.
Inventory was up 22.8% year-over-year.
As of July 5th, there were 242 condos for sale in San Mateo County. The average since January 2003 is 350.
Days of inventory rose from eighty-nine to ninety-four.
It took an average of thirty-nine days to sell a condo last month.
If you are planning on selling your property, call me for a free comparative market analysis.
Also, if you would like to know what’s going on in your neighborhood, go to my on-line report and create a Recent Sales & Listings report.