San Mateo County Housing Market Trends – March 2023
Average Price: March 2023
Average Price: March 2023 vs March 2022 (YoY)
San Mateo County’s Housing Market Trends Year-over-Year % Change of March 2023 compared to March 2022.
* Single Family Homes Average sold price decreased to -$265,293 and overall, -10% Depreciation Year-over-Year.
* Townhome/CONDO’s Average sold price increased to $130,411 and overall, 13% Appreciation Year-over-Year.
Average Price: March 2023 vs February 2023 (MoM)
San Mateo County’s Housing Market Trends Month-over-Month % Change of March 2023 compared to February 2023.
* Single Family Homes Average sold price decreased to -$584,342 and overall, -20% Depreciation Month-over-Month.
* Townhome/CONDO’s Average sold price increased to $107,567 and overall, 11% Appreciation Month-over-Month.
Average Price: March 2023 vs January 2023 (Year to Date)
San Mateo County’s Housing Market Trends Year to Date % Change of March 2023 compared to January 2023.
* Single Family Homes Average sold price increased to $148,802 and overall, 7% Appreciation Year to Date.
* Townhome/CONDO’s Average sold price increased to $167,017 and overall, 17% Appreciation Year to Date.
Listings Activity: March 2023
NEW Listings Activity: March 2023 vs March 2022 (YoY)
San Mateo County’s Housing Market Trends Year-over-Year % Change of March 2023 compared to March 2022.
* Single Family Homes NEW Listings were down by -213 and overall, -40% change Year-over-Year.
* Townhome/CONDO’s NEW Listings were down by -112 and overall, -56% change Year-over-Year.
SOLD Homes Activity: March 2023 vs March 2022 (YoY)
San Mateo County’s Housing Market Trends Year-over-Year % Change of March 2023 compared to March 2022.
* Single Family Homes SOLD Homes were down by -169 and overall, -40% change Year-over-Year.
* Townhome/CONDO’s SOLD Homes were down by -73 and overall, -42% change Year-over-Year.
NEW Listings Activity: March 2023 vs. February 2023 (MoM)
San Mateo County’s Housing Market Trends Month-over-Month % Change of March 2023 compared to February 2023.
* Single Family Homes NEW Listings were up by 64 and overall, 24% change Month-over-Month.
* Townhome/CONDO’s NEW Listings were down by -17 and overall, -16% change Month-over-Month.
SOLD Homes Activity: March 2023 vs. February 2022 (MoM)
San Mateo County’s Housing Market Trends Month-over-Month % Change of March 2023 compared to February 2023.
* Single Family Homes SOLD Homes were up by 74 and overall, 42% change Month-over-Month.
* Townhome/CONDO’s SOLD Homes were up by 29 and overall, 40% change Month-over-Month.
NEW Listing Activity: March 2023 vs. January 2023 (Year to Date)
San Mateo County’s Housing Market Trends Year to Date % Change of March 2023 compared to January 2023.
* Single Family Homes NEW Listings were up by 101 and overall, 45% change Year to Date.
* Townhome/CONDO’s NEW Listings were down by -8 and overall, -8% change Year to Date.
SOLD Homes Activity: March 2023 vs. January 2023 (Year to Date)
San Mateo County’s Housing Market Trends Year to Date % Change of March 2023 compared to January 2023.
* Single Family Homes SOLD Homes were up by 93 and overall, 58% change Year to Date.
* Townhome/CONDO’s SOLD Homes were up by 54 and overall, 115% change Year to Date.
Resources: MLS Listings Inc
https://www.mlslistings.com/media-center/interactive-market-snapshots/
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