San Mateo County Housing Market Report February 2025San Mateo County, California

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Housing Prices in San Mateo County, CA

How much do homes in San Mateo County, CA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$1,245,500$829/SqFt
-$4,500
-0.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in San Mateo County has remained the same since last year.

Summary: The median home list price in San Mateo County was $1,245,500 in February 2025, down 0.4% from the previous year, and the median price per square foot was $829.

Median List Price By Counties

Median List Price By Counties
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
San Mateo County
-0.4%
San Francisco County
-2.2%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$520K$499K
-4.0%
2$985K$899K
-8.7%
3$1.2M$1.1M
-5.8%
4$1.5M$1.6M
+9.6%
5$1.9M$2.2M
+15.0%

Summary: San Mateo County housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.0%. The home price for 2 bedroom homes decreased by -8.7%. The home price for 3 bedroom homes decreased by -5.8%. The home price for 4 bedroom homes increased by +9.6%. The home price for 5 bedroom homes increased by +15.0%.

How does San Mateo County, CA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

San Mateo County, CA

Housing supply in San Mateo County, CA

How many homes are available in San Mateo County, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
121Last MonthFeb 2025
1112 months agoJan 2025
+9.0 %
Change MoMJan – Feb

Summary: The San Mateo County real estate market had 121 homes for sale in Feb 2025, a 9.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
1710
+42.9%
22925
-13.8%
34043
+7.5%
42023
+15.0%
51520
+33.3%

Summary: San Mateo County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +42.9%. The inventory for 2 bedroom homes decreased by -13.8%. The inventory for 3 bedroom homes increased by +7.5%. The inventory for 4 bedroom homes increased by +15.0%. The inventory for 5 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in San Mateo County, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price18 Homes

At Asking Price3 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in San Mateo County, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in San Mateo County in February 2025, up by 33.3% month-over-month. Of the 24 sold homes, 13% were sold under asking, 13% were sold at asking, and and 75% were sold over asking.

Days on Market for San Mateo County, CA

How long does it take to sell a home in San Mateo County, CA?

Breakdown of Home Sale Times

Under 30 Days20 Homes

30 – 90 Days3 Homes

Over 90 Days0 Home

Insight

Many homes in San Mateo County are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 24 homes were sold in San Mateo County; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
67 DaysThis YearFeb 2025
110 Days1 year agoFeb 2024
-39.4 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in San Mateo County had an average listing age of 67 days in Feb 2025, down by 39.4% compared to the previous year.

Newest Listings in San Mateo County, CA

What homes are available in San Mateo County, CA?

MLS Disclaimers and Copyright

Based on information from San Francisco MLS, California Regional MLS, Bay Area Real Estate Information Services Inc., Fresno Association of REALTORS® MLS, and Santa Barbara MLS for the period 03/01/2023 - 03/01/2025

IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2025 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXCopyright © 2025 by Bay Area Real Estate Information Services, Inc. All rights reserved.

The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
interested in purchasing.

Copyright 2025 Fresno Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.