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SAN MATEO, CA 94401

Real Estate Market Report  ·  San Mateo County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
24
⇩ 48.9% vs 47 last year
Pending
9
38% pending ratio
Median Price
$799,000
⇧ 33.4% vs $599,000 last year
Average Price
$1,015,526
⇧ 44.6% vs $702,104 last year
Days on Market
28
⇩ 58.8% vs 68 days last year

Market Context

Population: 35,392  ·  Density: 4,392.9/mi²  ·  Median household income: $117,678

Typical home value: $1,094,720  ·  Homeownership: 45.1%

Market Analysis

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

The SAN MATEO, CA real estate market (94401) currently shows 24 active listings, with 9 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 28 days on market compared to 68 days last year.

The median listing price has risen 33.4% year-over-year, from $599,000 to $799,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 47 last year
  • Days on market: 28 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $799,000 (+33.4% YoY)
  • Average: $1,015,526 (+44.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.5 miles — 254 listings ($597,006,944 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94401San Mateo, CA 944010.0 mi24$24,372,624$799,000$1,015,526
94403San Mateo, CA 944032.6 mi23$42,351,740$1,690,060$1,841,380
94010Burlingame, CA 940103.2 mi31$182,044,059$4,149,000$5,872,389
94065Redwood City, CA 940654.8 mi13$16,253,757$1,101,500$1,250,289
94070San Carlos, CA 940706.0 mi26$58,755,892$1,555,000$2,259,842
94080South San Francisco, CA 940807.9 mi23$25,064,089$1,098,944$1,089,743
94061Redwood City, CA 940619.0 mi24$38,133,672$1,382,500$1,588,903
94005Brisbane, CA 940059.3 mi8$10,422,888$950,000$1,302,861
94018El Granada, CA 940189.7 mi6$8,804,400$1,498,500$1,467,400
94019Half Moon Bay, CA 940199.8 mi28$50,313,928$1,624,500$1,796,926
94027Atherton, CA 9402710.5 mi8$107,913,000$13,874,000$13,489,125
94134San Francisco, CA 9413411.2 mi15$13,901,445$864,450$926,763
94124San Francisco, CA 9412411.5 mi25$18,675,450$650,000$747,018

Frequently Asked Questions

How many homes are for sale in SAN MATEO, CA 94401?

As of January 2026, there are 24 active listings in SAN MATEO, CA (zip code 94401), compared to 47 the prior year.

What is the median home price in SAN MATEO, CA 94401?

The median listing price in SAN MATEO, CA 94401 is $799,000 as of January 2026, a 33.4% increase from $599,000 the prior year.

How long do homes stay on the market in SAN MATEO, CA?

Homes in SAN MATEO, CA 94401 spend an average of 28 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in SAN MATEO, CA 94401?

Based on current inventory and days-on-market data as of January 2026, SAN MATEO, CA 94401 is currently a Seller's Market. Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 68 days last year.

How much can I save on real estate commission in SAN MATEO, CA?

With SELL123.com's maximum 3% commission, sellers in SAN MATEO, CA 94401 save an estimated $15,980 compared to a typical 5% commission on the median listing price of $799,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.