🔍 San Mateo Real Estate Market Update – June 2025

As we move into summer, the San Mateo County housing market remains dynamic—and firmly in seller territory. Here's a closer look at the latest numbers and what they mean for buyers and sellers.

📉 Months Supply of Inventory: 2.22 

With just over two months of inventory, San Mateo continues to operate in a seller’s market. For context, a balanced market typically holds 5–6 months of inventory. This limited supply supports strong pricing and short time on market.

📉 1-Month Change in Inventory: -8% 

This short-term decrease shows fewer homes hitting the market in June compared to May. It may reflect seasonal shifts or seller hesitation—but for buyers, it means increased urgency and competition.

📈 12-Month Change in Inventory: +8% 

Despite the monthly dip, inventory has slightly increased year-over-year. This subtle gain provides some relief to buyers—but not enough to significantly shift the market dynamic.

⏳ Median Days on Market: 14 

Homes are selling fast. Two weeks is the average time a listing spends on the market before going pending. Well-prepared buyers are winning in this environment with pre-approvals and quick offers.

💰 Sold to List Price: 103% 

The average home is selling for 3% over the asking price—clear evidence that buyers are still competing. Multiple-offer situations remain common, especially for move-in ready or well-located homes.

🏠 Median Sold Price: $1,745,000 

This median price reflects San Mateo's strong demand and high property values. For sellers, this is a solid benchmark when setting your listing price. For buyers, it underscores the importance of a competitive strategy.

🧭 What this means for you: 

🟩 If you're selling:
June is a prime time to list. With quick turnarounds, limited competition, and buyers offering over asking, you’re in a great position.

🟦 If you're buying:
Be ready to act fast and submit your strongest offer. The market is competitive—but with the right guidance, the right home is within reach.

📞 Contact Mike Sinitsky today for a personalized plan to navigate the San Mateo market.
📧 [email protected] | ☎ (650) 293-0158
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