I just ran a report to see how the market has been in San Mateo for single family and condo/townhouses this past year. San Mateo has about 90,000 people living in it making it the second largest city in the county. Prices run from entry level condos and houses into many millions of dollars for a huge house.

Last week San Mateo had 157 single family houses for sale and we are seeing a real market recovery here. It’s still a Buyer’s Market but it’s no where near what we were seeing months ago. The lowest priced property was $339,000 and the highest $2,295,000. Listings are staying on the market about 62 days or 2 months, which is a normal, I repeat, normal market.

Last week the City of San Mateo had 129 condos or Class 2 properties for sale. This was an increase over previous weeks.  These condos are taking about 142 days to sell, which isn’t really much different than many houses are taking.  The Median price was $479,500  and this was for a 2 bedroom, 2 [...]

The final zip code for San Mateo is 94403, which covers the southern half of the city from highway 92 south to Belmont and across 101 into Parkside.  Last week there were 75 houses for sale and 7 houses sold.  The Median priced house was $810,00 that house was about 58 years old, 3 bedrooms [...]

The 94402 zip code has the most expensive houses in San Mateo.  It also has many that are in the least expensive category, too, but not as many as the former.  The most expensive house for sale in San Mateo last week, one sitting in San Mateo Park, was listed for $2,795,000.  In fact the [...]