Gerald Perino June 12, 2025
As we head into the busy spring market, San Mateo’s housing landscape remains competitive. With inventory staying tight and homes selling quickly, both buyers and sellers need to stay sharp. Let’s break down this month’s key stats.
Months Supply of Inventory: 2.33
San Mateo is still firmly in a seller’s market. With just over two months of inventory, buyers have limited choices—which often leads to quicker sales and stronger offers.
While inventory has ticked up slightly from last year, it’s still not enough to ease the overall competition. We’re far from a balanced market.
Median Days on Market: 12 days
Homes are flying off the shelves. In less than two weeks, many homes are going from listed to pending—especially those that are priced right and move-in ready.
Sold to List Price Ratio: 104%
Buyers are staying competitive, often offering just over the asking price. This indicates continued demand and multiple-offer scenarios in key neighborhoods.
Median Sold Price: $1,769,000
Prices remain high, reflecting San Mateo’s desirable location, quality of life, and strong local economy. For sellers, that means continued opportunity to maximize returns.
🟩 If you’re a seller:
With low inventory and buyers still paying over list, it’s a great time to list your home. A strong marketing strategy can help you get top dollar.
🟦 If you’re a buyer:
Come prepared. With fast-moving inventory and homes going for above asking, having a savvy local agent and pre-approval is key.
Whether you’re buying or selling in San Mateo, Rise Homes is here to help you make confident decisions in a fast-paced market.
📞 Call us at (650) 293-0158
📧 Email us: [email protected]
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