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Bay Meadows Belle Mont Beresford (Beresford Park) Cipriani Clearview Downtown Belmont (Downtown) East Hillsdale East San Mateo (East) Fiesta Gardens Glendale Village Hacienda Haywood Park Hillsdale Hillsdale (The Lanes) Laguna Vista Lakeshore Laurel Laurelwood Laurie Meadows Lauriedale Marina Lagoon Park Western Parkside Plateau-Skymont (Plateau Skymont) San Mateo Terrace Shoreview South San Mateo (South) Sterling Downs Sugarloaf (Sugarloaf Mountain) Western Hills Westwood Knolls

SAN MATEO, CA 94403

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

Neighborhoods in ZIP 94403

Bay Meadows · Belle Mont · Beresford (Beresford Park) · Cipriani · Clearview · Downtown Belmont (Downtown) · East Hillsdale · East San Mateo (East) · Fiesta Gardens · Glendale Village · Hacienda · Haywood Park · Hillsdale · Hillsdale (The Lanes) · Laguna Vista · Lakeshore · Laurel · Laurelwood · Laurie Meadows · Lauriedale · Marina Lagoon · Park Western · Parkside · Plateau-Skymont (Plateau Skymont) · San Mateo Terrace · Shoreview · South San Mateo (South) · Sterling Downs · Sugarloaf (Sugarloaf Mountain) · Western Hills · Westwood Knolls

Market Analysis

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

The SAN MATEO, CA real estate market (94403) currently shows 55 active listings, with 20 pending sales. Homes are averaging 20 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 20 days on market compared to 23 days last year.

The median listing price has risen 22.7% year-over-year, from $1,424,000 to $1,746,600.

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: 43,858  ·  Density: 3,006.3/mi²  ·  Median household income: $171,213

Typical home value: $1,686,160  ·  Homeownership: 52.8%

Market Overview

Active Listings
55
⇩ 6.8% vs 59 last year
Pending
20
36% pending ratio
Median Price
$1,746,600
⇧ 22.7% vs $1,424,000 last year
Average Price
$1,775,517
⇧ 19.9% vs $1,481,271 last year
Days on Market
20
⇩ 13% vs 23 days last year

Price Per Square Foot

Median $/sqft
$1,024
⇧ 14% vs $898/sqft last year
Median Home Size
1,643 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 55 this year vs 59 last year
  • Days on market: 20 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $1,746,600 (+22.7% YoY)
  • Average: $1,775,517 (+19.9% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.8 miles — 424 listings ($1,002,710,842 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94403San Mateo, CA 944030.0 mi42$73,553,088$1,717,340$1,751,264
94002Belmont, CA 940021.7 mi25$54,148,475$1,999,444$2,165,939
94401San Mateo, CA 944012.6 mi45$48,699,360$797,000$1,082,208
94070San Carlos, CA 940703.4 mi41$93,004,851$1,826,000$2,268,411
94063Redwood City, CA 940636.1 mi10$13,324,250$1,313,250$1,332,425
94030Millbrae, CA 940306.9 mi26$43,568,226$1,280,000$1,675,701
94027Atherton, CA 940278.1 mi10$177,830,650$12,925,000$17,783,065
94025Menlo Park, CA 940259.0 mi64$232,941,952$2,572,500$3,639,718
94018El Granada, CA 940189.5 mi7$10,735,900$1,461,500$1,533,700
94080South San Francisco, CA 9408010.3 mi45$55,734,660$1,249,000$1,238,548
94044Pacifica, CA 9404410.7 mi57$86,337,330$1,256,000$1,514,690
94305Stanford, CA 9430511.2 mi2$1,576,000$788,000$788,000
94303Palo Alto, CA 9430311.8 mi50$111,256,100$1,446,500$2,225,122

Frequently Asked Questions

How many homes are for sale in SAN MATEO, CA 94403?

As of March 2026, there are 55 active listings in SAN MATEO, CA (zip code 94403), compared to 59 the prior year.

What is the median home price in SAN MATEO, CA 94403?

The median listing price in SAN MATEO, CA 94403 is $1,746,600 as of March 2026, a 22.7% increase from $1,424,000 the prior year.

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

Homes in SAN MATEO, CA 94403 spend an average of 20 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in SAN MATEO, CA 94403?

Based on current inventory and days-on-market data as of March 2026, SAN MATEO, CA 94403 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 20 days on market compared to 23 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 94403 save an estimated $34,932 compared to a typical 5% commission on the median listing price of $1,746,600. 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.