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City / Town Overview

San Mateo, CA

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

Market Analysis

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

The San Mateo, CA real estate market currently shows 180 active listings, with 58 pending sales. Homes are averaging 30.9 days on the market before going under contract.

Inventory has tightened compared to last year, with 87 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 30.9 days on market compared to 40 days last year.

The median listing price has fallen 11% year-over-year, from $1,488,669 to $1,324,524.

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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
180
⇩ 32.6% vs 267 last year
Pending
58
32% pending ratio
Median Price
$1,324,524
⇩ 11% vs $1,488,669 last year
Average Price
$1,511,332
⇩ 4.2% vs $1,578,326 last year
Days on Market
30.9
⇩ 22.8% vs 40 days last year

Price Per Square Foot

Median $/sqft
$876
⇩ 6.3% vs $935/sqft last year
Median Home Size
1,409 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 %