March 2024 Real Estate Report

Homes For Sale
119 Total
Homes For Sale
Homes added
77 Homes
Added to the Market
Homes For Sale
47 Homes
Sold
Compared to Previous Month
15%
More Homes For Sale
home chart
4%
More Homes Sold
add_circle

Last month in March, housing in San Mateo, CA ended with 77 homes being added to the market for sale, for a cumulative monthly total of 119 homes for sale - up 15% compared to February. San Mateo, CA had a total of 47 homes sold for the month - up 4% from the month prior.

Detached led the way in homes sold with a total of 32 - up 9%, while attached totaled 15 in closed sales - down -7% from the month of February. The number of detached properties sold under 1500 square feet totaled 13 for the month of March, while homes from 1500 to 2000 square feet recorded 10 sales and homes sized from 2000 to 2500 square feet had 3 sales. While homes from 2500 to 3000 square feet square feet recorded 2 homes sold and homes from 3000 to 3500 square feet had 4 sales. The following ranges for detached homes all had no sales: 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 13, attached homes in the square feet range of 1500 to 2000 recorded 1 sales and attached properties from 2000 to 2500 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in San Mateo, CA?
August:
63 Homes Sold
add_circle

The last 12 month period for the city of San Mateo, CA shows that the greatest number of homes were sold during the months of June 2023, July 2023 and August 2023. The months of June 2023, July 2023 and August 2023 had 62 - 59 and 63 homes sold, respectively, as compared to an average of 42 for the other months of the year.

Sold Comparison Image
When do homes sell the fastest in San Mateo, CA?
June:
15 Days On Market
add_circle

The last 12 month period for the city of San Mateo, CA shows that homes sold the fastest during the months of May 2023, June 2023 and February 2024. The months of May 2023, June 2023 and February 2024 had 15 - 15 and 19 days on market, respectively, as compared to an average of 38 for the other months of the year.


Average Price Of Homes Sold In San Mateo, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In San Mateo, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in San Mateo, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024214547 - - - - - - - - - 113
2023273058365162596345514045567
2022534085907772737569454634759
202149367092829090102113748977964
2020405842324748626669756879686
2019432954667468676047745053685
2018264763597778796541626550712
2017293259617180847572726654755
Average Days On Market (DOM) In San Mateo, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024581946 - - - - - - - - - 41
202348282033151529374223343830
202230241119141014223021293121
202131382622221817192015172122
202034381013182524242119262923
201946333224213219281921262928
201817141010121718272526243119
201731222817181723161816221420
Average Days From List To Close Of Escrow In San Mateo, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024944372 - - - - - - - - - 70
202375494255393955666644596354
202263473445404651576250565651
202159635552514745495142465051
202063633145455453565148576052
201973655450497246554449545556
201843393335354749535350537347
201762445441444350394440503746
Number of homes added to the market in San Mateo, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024516177 - - - - - - - - - 189
2023485145686571685575633010649
20225480103878877756456482616774
20214372869183971178593926129949
2020385650416068687494834938719
2019405457718561485982523621666
2018644676898184594971534825745
2017484182677097617473624426745