San Mateo County Housing Market Trends – October 2023
Average Price: October 2023
Average Price: October 2023 vs October 2022 (YoY)
San Mateo County’s Housing Market Trends Year-over-Year % Change of October 2023 compared to October 2022.
* Single Family Homes Average sold price increased to $194,119 and overall, 8% Appreciation Year-over-Year.
* Townhome/CONDO’s Average sold price decreased to -$23,197 and overall, -2% Depreciation Year-over-Year.
Average Price: October 2023 vs September 2023 (MoM)
San Mateo County’s Housing Market Trends Month-over-Month % Change of October 2023 compared to September 2023.
* Single Family Homes Average sold price increased to $93,501 and overall, 4% Appreciation Month-over-Month.
* Townhome/CONDO’s Average sold price increased to $41,137 and overall, 4% Appreciation Month-over-Month.
Average Price: October 2023 vs January 2023 (Year to Date)
San Mateo County’s Housing Market Trends Year to Date % Change of October 2023 compared to January 2023.
* Single Family Homes Average sold price increased to $317,861 and overall, 14% Appreciation Year to Date.
* Townhome/CONDO’s Average sold price increased to $58,170 and overall, 6% Appreciation Year to Date.
Listings Activity: October 2023
NEW Listings Activity: October 2023 vs October 2022 (YoY)
San Mateo County’s Housing Market Trends Year-over-Year % Change of October 2023 compared to October 2022.
* Single Family Homes NEW Listings were down by -11 and overall, -3% change Year-over-Year.
* Townhome/CONDO’s NEW Listings were up by 5 and overall, 6% change Year-over-Year.
SOLD Homes Activity: October 2023 vs October 2022 (YoY)
San Mateo County’s Housing Market Trends Year-over-Year % Change of October 2023 compared to October 2022.
* Single Family Homes SOLD Homes were up by 3 and overall, 1% change Year-over-Year.
* Townhome/CONDO’s SOLD Homes were down by -18 and overall, -18% change Year-over-Year.
NEW Listings Activity: October 2023 vs. September 2023 (MoM)
San Mateo County’s Housing Market Trends Month-over-Month % Change of October 2023 compared to September 2023.
* Single Family Homes NEW Listings were down by -143 and overall, -29% change Month-over-Month.
* Townhome/CONDO’s NEW Listings were down by -44 and overall, -32% change Month-over-Month.
SOLD Homes Activity: October 2023 vs. September 2022 (MoM)
San Mateo County’s Housing Market Trends Month-over-Month % Change of October 2023 compared to September 2023.
* Single Family Homes SOLD Homes were down by -7 and overall, -2% change Month-over-Month.
* Townhome/CONDO’s SOLD Homes were down by -4 and overall, -5% change Month-over-Month.
NEW Listing Activity: October 2023 vs. January 2023 (Year to Date)
San Mateo County’s Housing Market Trends Year to Date % Change of October 2023 compared to January 2023.
* Single Family Homes NEW Listings were up by 131 and overall, 58% change Year to Date.
* Townhome/CONDO’s NEW Listings were down by -1 and overall, -1% change Year to Date.
SOLD Homes Activity: October 2023 vs. January 2023 (Year to Date)
San Mateo County’s Housing Market Trends Year to Date % Change of October 2023 compared to January 2023.
* Single Family Homes SOLD Homes were up by 141 and overall, 89% change Year to Date.
* Townhome/CONDO’s SOLD Homes were up by 35 and overall, 74% change Year to Date.
Resources: MLS Listings Inc
https://www.mlslistings.com/media-center/interactive-market-snapshots/
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Santa Clara County Housing Market Trends – Monthly
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2022: January February March April May June July August September October November December
2021: January February March April May June July August September October November December
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2023: January February March April May June July August September October