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City / Town Overview

San Mateo, CA

Aggregate real estate market report across all ZIPs in scope
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The San Mateo, CA real estate market currently shows 206 active listings, with 70 pending sales. Homes are averaging 25.5 days on the market before going under contract.

Inventory has tightened compared to last year, with 36 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 25.5 days on market compared to 26.7 days last year.

The median listing price has risen 18% year-over-year, from $1,205,434 to $1,422,752.

Whether you are buying or selling in San Mateo, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 141,797  ·  Density: 3,224.0/mi²  ·  Median household income: $163,241

Typical home value: $1,571,811  ·  Homeownership: 52.6%

Included Areas

San Mateo: 94401, 94402, 94403, 94404, 94497

Area Map

Market Overview

Active Listings
206
⇩ 14.9% vs 242 last year
Pending
70
34% pending ratio
Median Price
$1,422,752
⇧ 18% vs $1,205,434 last year
Average Price
$1,688,676
⇧ 22.4% vs $1,380,021 last year
Days on Market
25.5
⇩ 4.5% vs 27 days last year

Price Per Square Foot

Median $/sqft
$934
⇧ 7.3% vs $871/sqft last year
Median Home Size
1,476 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %