San Mateo Home Prices
· Single-family homes · MLS sold data
San Mateo's average sold price for single-family homes was $2,483,092 over the last three months, up 2.7% compared with three months ago and flat over six months. Homes sold 8.8% over asking on average, at $1,350 per square foot, across 120 sales. That's the 12th highest average price of the 29 Bay Area cities on the map. Homes that sold here averaged 1,851 sq ft on lots averaging 6,792 sq ft over the last six months.
Avg sold price · 3 mo
$2,483,092
12th highest of 29 cities
Price change · 3 mo
+2.7%
1 mo −0.8% · 6 mo 0.0%
Over asking · 3 mo
+8.8%
29-city average +6.2%
$ / sq ft · 3 mo
$1,350
29-city average $1,064
Homes sold · 3 mo
120
single-family sales
Avg home size · 6 mo
1,851 sf
on 6,792 sf lots
3-month price changeBeyond -5%-3 to -5%-1 to -3%Within 1%+1 to +3%+3 to +5%Beyond +5%Not in the table
San Mateo vs. Nearby Cities
| City | Avg sold price | 3-mo | $ / sq ft | Over asking |
|---|---|---|---|---|
| San Mateo | $2,483,092 | +2.7% | $1,350 | +8.8% |
| Foster City | $2,220,579 | −5.5% | $1,118 | +3.4% |
| Hillsborough | $10,379,867 | +45.0% | $1,726 | −2.1% |
| South San Francisco | $1,389,758 | +1.2% | $934 | +11.7% |
| Pacifica | $1,650,790 | +10.5% | $972 | +3.0% |
Questions About San Mateo Home Prices
What is the average home price in San Mateo?
$2,483,092 for a single-family home, or $1,350 per square foot, averaged over 120 sales in the last three months. That ranks 12th of the 29 cities on the map, right in the middle of the pack. Over the last six months, the average home that sold had 1,851 sq ft of living space.
Are prices going up or down?
Flat this month, but up over the last three. The average sold price slipped just 0.8% from last month but is 2.7% above where it was three months ago. Over six months it's roughly flat.
Are homes selling over asking?
Yes, more than most. Homes sold 8.8% over asking on average, above the 6.2% across all 29 cities. Well-priced homes are likely drawing multiple offers.
Where does this data come from?
These numbers come from MLS sold data for detached single-family homes, so condos and townhomes aren't included. Josh Uy, a Bay Area Realtor with Everhome Real Estate (DRE 01952401), compiles them every month for his Bay Area Market Snapshot.
Thinking of Selling?
Reach out for a free consultation & pricing estimate today!
Home Prices in Other Bay Area Cities
SF & Peninsula
AthertonFoster CityHillsboroughLos AltosLos Altos HillsPacificaPalo AltoSan FranciscoSouth San Francisco
East & South Bay
CampbellCupertinoDublinFremontHaywardLivermoreLos GatosMilpitasMorgan HillMountain ViewNewarkOaklandPleasantonSan JoseSan RamonSanta ClaraSaratogaSunnyvaleUnion City
Avg sold price, % over asking, $/sq ft and homes sold cover the last 3 months. Avg home and lot size cover the last 6 months. Price changes compare the 3-month avg sold price with the same figure 1, 3 and 6 months earlier. Single-family homes only.
Source: MLS sold data via Josh's Bay Area Market Snapshot. Updated monthly by Josh Uy. See Bay Area home prices by city on the heat map