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SAN MATEO, CA 94404

Real Estate Market Report  ·  San Mateo County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
35
vs 35 last year
Pending
13
37% pending ratio
Median Price
$1,449,000
⇧ 45.1% vs $998,800 last year
Average Price
$1,501,120
⇧ 23.3% vs $1,217,070 last year
Days on Market
85
⇧ 129.7% vs 37 days last year

Market Context

Population: 36,397  ·  Density: 3,230.6/mi²  ·  Median household income: $182,699

Typical home value: $1,590,300  ·  Homeownership: 52.3%

Market Analysis

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

The SAN MATEO, CA real estate market (94404) currently shows 35 active listings, with 13 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 85 days on market compared to 37 days last year.

The median listing price has risen 45.1% year-over-year, from $998,800 to $1,449,000.

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
  • Days on market: 85 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $1,449,000 (+45.1% YoY)
  • Average: $1,501,120 (+23.3% 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 11.2 miles — 286 listings ($734,334,540 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94404San Mateo, CA 944040.0 mi35$52,539,200$1,449,000$1,501,120
94403San Mateo, CA 944032.3 mi23$42,351,740$1,690,060$1,841,380
94002Belmont, CA 940023.4 mi13$25,023,414$1,549,000$1,924,878
94070San Carlos, CA 940704.1 mi26$58,755,892$1,555,000$2,259,842
94010Burlingame, CA 940106.1 mi31$182,044,059$4,149,000$5,872,389
94027Atherton, CA 940277.9 mi8$107,913,000$13,874,000$13,489,125
94025Menlo Park, CA 940258.7 mi43$146,931,645$2,288,000$3,417,015
94545Hayward, CA 945459.6 mi18$16,475,148$888,500$915,286
94066San Bruno, CA 9406610.1 mi31$28,967,113$655,000$934,423
94019Half Moon Bay, CA 9401910.4 mi28$50,313,928$1,624,500$1,796,926
94579San Leandro, CA 9457910.9 mi11$7,838,105$695,000$712,555
94305Stanford, CA 9430511.1 mi3$2,364,000$788,000$788,000
94580San Lorenzo, CA 9458011.2 mi16$12,817,296$799,000$801,081

Frequently Asked Questions

How many homes are for sale in SAN MATEO, CA 94404?

As of January 2026, there are 35 active listings in SAN MATEO, CA (zip code 94404), compared to 35 the prior year.

What is the median home price in SAN MATEO, CA 94404?

The median listing price in SAN MATEO, CA 94404 is $1,449,000 as of January 2026, a 45.1% increase from $998,800 the prior year.

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

Homes in SAN MATEO, CA 94404 spend an average of 85 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in SAN MATEO, CA 94404?

Based on current inventory and days-on-market data as of January 2026, SAN MATEO, CA 94404 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 85 days on market compared to 37 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 94404 save an estimated $28,980 compared to a typical 5% commission on the median listing price of $1,449,000. 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.