San Mateo County Housing Market Trends – February 2023

Average Price: February 2023

Average Price: February 2023 vs February 2022 (YoY)

San Mateo County’s Housing Market Trends Year-over-Year % Change of February 2023 compared to February 2022.

* Single Family Homes Average sold price increased to $463,419 and overall, 19% Appreciation Year-over-Year.

* Townhome/CONDO’s Average sold price decreased to -$113,920 and overall, -10% Depreciation Year-over-Year.

Average Price: February 2023 vs January 2023 (MoM)

San Mateo County’s Housing Market Trends Month-over-Month % Change of February 2023 compared to January 2023.

* Single Family Homes Average sold price decreased to $745,279 and overall, 34% Appreciation Month-over-Month.

* Townhome/CONDO’s Average sold price increased to $70,154 and overall, 7% Appreciation Month-over-Month.

Listings Activity: February 2023

NEW Listings Activity: February 2023 vs February 2022 (YoY)

San Mateo County’s Housing Market Trends Year-over-Year % Change of February 2023 compared to February 2022.

* Single Family Homes NEW Listings were down by -93 and overall, -29% change Year-over-Year.

* Townhome/CONDO’s NEW Listings were down by -62 and overall, -39% change Year-over-Year.

SOLD Homes Activity: February 2023 vs February 2022 (YoY)

San Mateo County’s Housing Market Trends Year-over-Year % Change of February 2023 compared to February 2022.

* Single Family Homes SOLD Homes were down by -59and overall, -27% change Year-over-Year.

* Townhome/CONDO’s SOLD Homes were down by -60 and overall, -56% change Year-over-Year.

NEW Listings Activity: February 2023 vs. January 2023 (MoM)

San Mateo County’s Housing Market Trends Month-over-Month % Change of February 2023 compared to January 2023.

* Single Family Homes NEW Listings were up by 102 and overall, 83% change Month-over-Month.

* Townhome/CONDO’s NEW Listings were up by 59 and overall, 159% change Month-over-Month.

SOLD Homes Activity: February 2023 vs. January 2022 (MoM)

San Mateo County’s Housing Market Trends Month-over-Month % Change of February 2023 compared to January 2023.

* Single Family Homes SOLD Homes were up by -88 and overall, -36% change Month-over-Month.

* Townhome/CONDO’s SOLD Homes were up by -12 and overall, -20% change Month-over-Month.

Resources: MLS Listings Inc

https://www.mlslistings.com/media-center/interactive-market-snapshots/

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Santa Clara County Housing Market Trends – Quarterly

Q1 2022    Q2 2022    Q3 2022    Q4 2022

Q1 2021    Q2 2021    Q3 2021      Q4 2021

Santa Clara County Housing Market Trends – Monthly

2022: January    February    March    April    June    July    August    September     October  November    December

2021: January    February    March    April    June    July    August    September    October    November    December