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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for San Mateo, California

Reported by Andrew La Mont, REALTOR

Updated March 20, 2012.

Current Market Rating: 3




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

Trends At a Glance
------------------- Feb 2012 Previous Month Year-over Year
Median Price $650,000 $675,000 (-3.7%) $591,500 (+9.9%)
Average Price $747,606 $880,483 (-15.1%) $717,003 (+4.3%)
No. of Sales 33 35 (-5.7%) 32 (+3.1%)
Pending Properties 94 67 (+40.3%) 60 (+56.7%)
Active 64 71 (-9.9%) 82 (-22.0%)
Sale vs. List Price 99.7% 97.3% (+2.5%) 98.3% (+1.4%)
Days on Market 53 58 (-8.3%) 51 (+3.9%)

For more information on the current market condition for homes and condos go to my site and click "San Mateo Monthly Market Conditions" about the middle of the page then click San Mateo.

ZIP Code: 94403

Approximate Location Boundaries: San Mateo is a city located in San Mateo County, California, USA. It is one of the larger suburbs on the San Francisco Peninsula, located between Burlingame to the north, Foster City to the East, and Belmont to the south

Location Characteristics: As of the 2000 census, the city had a total population of 92,482.
The most noted attraction is the Bay Meadows horse-racing track currenty converting into new residential homes and up-scale shopping. The San Mateo Arboretum in Central Park is also of interest. The San Mateo Performing Arts Center, located on San Mateo High School, is one of the largest theatres on the peninsula outside of San Francisco. U.S. Highway 101, Interstate 280 , and California State Highway 92 pass through San Mateo. The College of San Mateo is also located here. A mix of older and newer homes in a wide range of neighborhoods.



For More Information:

View Market Conditions of other areas served by Andrew La Mont

Navigate: Top > California > San Mateo

About Andrew La Mont:
20+ years experience. Office in San Francisco and Millbrae. I currently do about 50% of my business in San Francisco and 50% in northern San Mateo County.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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