Real Estate Report presented by Thomas A. Neel

May 2026 Report

Single Family Homes in San Mateo County, All Cities, All Neighborhoods Change >


Median Price
$2,392,500
+4.9%
Average Price
$3,158,900
+5.4%
No. Sold
310
-10.7%
Pending Properties
294
+16.7%
Active
386
+2.4%
Sale/List Price Ratio
107.1%
+0.4%
Days on Market
21
+12.2%
Days of Inventory
37
+18.6%

Market Barometer

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Market Commentary

Home Prices & Sales Up in May

Sales of single-family, re-sale homes in San Mateo County rose 0.6% in May, year-over-year. There were 310 homes sold in San Mateo County last month. The average since 2000 is 398.

The median sales price for single-family, re-sale homes was $2,391,500. It was up 8.8% compared to last year.

The average sales price rose 15.8% year-over-year.

The sales price to list price ratio rose from 106.6% to 107%.

Inventory of single-family, re-sale homes was down 22.2% compared to last year. As of June 5th, there were 386 homes for sale in San Mateo County. The average since January 2000 is 1,287.

Days of Inventory, or the amount of time it would take to sell all homes for sale divided by how many homes have sold, rose five days to thirty-seven days.

It took twenty-one days, on average, to sell a home last month. That is the time from when a home is listed to when it goes into contract.

The median sales price for re-sale condos was up 24.9% year-over-year.

Year-over-year, the average sales price was up 14.1%.

Condo sales were up 3.5% year-over-year. There were 88 condos sold last month. The average since January 2003 is 122.

Inventory was down 9.2% year-over-year.

As of June 5th, there were 228 condos for sale in San Mateo County. The average since January 2003 is 350.

Days of inventory rose from fifty-eight to seventy-eight.

It took an average of thirty-three days to sell a condo last month.

If you are planning on selling your property, call me for a free comparative market analysis.

Also, if you would like to know what’s going on in your neighborhood, go to my on-line report and create a Recent Sales & Listings report.

 

Prices & Sales

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Days of Inventory

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Sales to Date

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Sales Price Ratio

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