Real Estate Report presented by Thomas A. Neel

November 2025 Report

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


Median Price
$2,000,000
-8.2%
Average Price
$2,941,060
+7.3%
No. Sold
269
-21.3%
Pending Properties
237
-8.8%
Active
267
-33.6%
Sale/List Price Ratio
104.9%
+0.4%
Days on Market
27
+4.6%
Days of Inventory
29
-18.4%

Market Barometer

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Market Commentary

Home Prices Mixed, Sales Up in November

Sales of single-family, re-sale homes in San Mateo County rose 7.2% in November, year-over-year. There were 269 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 $2,000,000. It was down 9.1% compared to last year.

The average sales price rose 10.6% year-over-year.

The sales price to list price ratio rose from 104.5% to 104.9%.

Inventory of single-family, re-sale homes was up 2.7% compared to last year. As of December 5th, there were 267 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, fell from thirty-five days to twenty-nine days.

It took twenty-seven 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 fell 11.5% year-over-year.

Year-over-year, the average sales price fell 2.9%.

Condo sales were up 7.8% year-over-year. There were 83 condos sold last month. The average since January 2003 is 122.

Inventory was up 11.9% year-over-year.

As of December 5th, there were 160 condos for sale in San Mateo County. The average since January 2003 is 350.

Days of inventory fell from seventy-nine to fifty-six.

It took an average of sixty-eight 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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