United States > California > San Mateo County > San Mateo

San Mateo California Housing Market Overview

The San Mateo real estate market exhibits strong conditions, with current median home prices at $1,700,000. Recent data indicates that 59.1% of homes in San Mateo are selling above their asking price, reflecting an average sale-to-list ratio of 103.3%. Homes typically spend an average of 20 days on the market, illustrating the area’s ongoing appeal. With a median price per square foot of $1,060, San Mateo maintains solid property values, making now a relevant time for homeowners to evaluate their selling options. The competitive landscape encourages potential sellers to act promptly as demand continues to outpace supply, resulting in favorable conditions for transactions.

Why now is a good time to sell your property in San Mateo California

We connect sellers with buyers throughout San Mateo and neighboring Peninsula communities. Our experience spans diverse property types, including single-family homes, condos, townhouses, and multi-family units across the Bay Area. The local market, exhibiting a median home price of $1,700,000, presents unique challenges that we can handle effectively.

Our network is equipped to make competitive cash offers within 72 hours for various property conditions, facilitating fair offers that are reflective of the dynamic local market. We accommodate various situations, from vacant homes to tenant-occupied properties, ensuring a streamlined selling experience that prioritizes your needs.

Experience a Better Way to Sell Your San Mateo Home

Benefits of Owner Advocate

Benefits of Owner Advocate

Selling your San Mateo home shouldn’t require months of preparation and uncertainty. Our service eliminates costly repairs, lengthy market time, and high commissions that typically consume 5-6% of San Mateo’s $1,700,000 median price. You can expect a transparent process with no hidden fees or surprises, allowing you to focus on your next chapter without added stress.
Our process consists of an initial consultation, property evaluation, a cash offer, and closing on your terms. Selling your San Mateo home unfolds in four simple steps: First, an initial consultation to discuss your property and timeline; second, a property evaluation to assess market value; third, a cash offer provided within 72 hours; and finally, closing on your terms where you choose the date, typically as quickly as 10 days. Our network purchases homes as-is throughout San Mateo County, offering a straightforward process devoid of typical market hurdles, ensuring a seamless experience for sellers.
$1,670,000
Median Sale Price
103.3%
List Price to Sale Price Ratio
20
Median Days on Market
$1,060
Price Per Square Foot
59.1%
Percent of Sales Over List Price
66
Number of Homes Sold (Month)
45%
Flood Risk
4%
Wildfire Risk
68/100
Walk Score
39/100
Transit Score
65/100
Bike Score
(Metrics from Redfin)
How does this data help me?
The Owner Advocate displays market data by showing market changes in locations across the USA
City Map
San Mateo Key Takeaways
Median Sale Price:
$1,670,000
Scottsdale housing market is changing
$1,670,000
The average home value is $1,670,000 and goes to pending in around 20 days.
20
Average Days on Market
on average for MLS listed homes
Don't wait!
Now is a great time to sell your home.
Get the best cash offer for your property
Your home has more value than you might expect.

Why now is a good time to sell your property in San Mateo California?

Common situations for needing a quick sale include job relocation, managing inherited property, and urgent financial matters. Life changes can necessitate a faster home sale than San Mateo’s typical market time, which could add stress during an already challenging transition. Carrying costs can become increasingly burdensome, particularly in one of California’s expensive markets. Issues such as dealing with inherited properties requiring immediate attention, unexpected job transfers, divorce proceedings, potential foreclosure, or ongoing expenses from empty houses can complicate matters significantly. San Mateo’s market conditions support favorable outcomes even with expedited sales. The 59.1% above-list-price sale rate signifies that selling quickly does not entail sacrificing value, thereby providing sellers with reassurance.

Frequently Asked Questions About Selling Your San Mateo Home

Q: How quickly can you close on my house in San Mateo?

A: We can typically close in as few as 10 days, though you choose the timeline that works best for you. Our network of cash buyers in San Mateo County avoids delays associated with traditional home sales. A firm cash offer is available within 72 hours of viewing your property.

Q: Do you buy homes in as-is condition?

A: Yes, our buyers purchase San Mateo homes in any condition, whether move-in ready or those needing repairs. No repairs, cleaning, or item removal are necessary. This saves you both time and money in the selling process.

Q: Are there any fees or commissions involved?

A: No fees or commissions are involved. Unlike traditional real estate sales that incur 5-6% in agent commissions, we cover all closing costs. You’ll receive our full cash offer with no hidden charges or deductions.

Q: How does your home buying process work?

A: Our process is simple: First, provide your property details. Within 72 hours, we’ll visit and present a fair cash offer based on market conditions. If accepted, you choose the closing date, which can be as quick as 10 days. We manage all paperwork, ensuring a hassle-free experience.

Q: Which areas of San Mateo County do you serve?

A: We facilitate transactions throughout San Mateo County, including Burlingame, Redwood City, San Carlos, and other communities. Our understanding of the local market helps us deliver competitive offers across all neighborhoods.

Get Top Dollar for your Home

Ready to sell your San Mateo home quickly and easily? We provide a hassle-free solution for homeowners. Skip the traditional market listing process and uncertainty of multiple showings.
Why Choose Us:
  • Cash offers within 72 hours
  • Close in as few as 10 days
  • No repairs or renovations needed
  • Zero fees or commissions
  • Full service throughout San Mateo County

Contact us today for a no-obligation cash offer on your property.