🔍 San Mateo Real Estate Market Update – July 2025

Gerald Perino August 21, 2025

San Mateo County’s housing market continues to stay competitive this summer, with tight inventory and strong buyer demand shaping the pace of sales. Whether you’re planning to sell or buy, understanding the numbers is key to making confident decisions.

📉 Months Supply of Inventory: 2.01

This number signals a seller’s market. With just over two months of inventory available, there are fewer homes than buyers looking. Sellers are well-positioned to attract strong offers.

📊 Inventory Trends: -14% MoM | 0% YoY

The month-over-month decline in inventory means even fewer choices for buyers right now. Year-over-year stability suggests the long-term trend hasn’t shifted, but short-term competition is heating up.

⏳ Median Days on Market: 15

Homes are moving quickly, with many going pending in just over two weeks. Buyers must act fast—waiting could mean missing out. Sellers can expect efficient sales timelines when pricing strategically.

💰 Sold to List Price: 102%

On average, homes are selling for above asking price. This reflects strong buyer competition, multiple offers, and sellers who are pricing wisely to drive activity.

🏠 Median Sold Price: $1,695,000

San Mateo’s median price highlights the area’s strong desirability and premium housing market. Buyers should budget with this figure in mind, while sellers can benchmark expectations accordingly.

🧭 What this means for you:

🟩 Sellers: You’re in a prime spot to list. Low supply and strong demand mean multiple-offer scenarios are common.
🟦 Buyers: Be prepared to compete. Having a trusted agent like Mike Sinitsky by your side will help you move quickly and structure winning offers.