San Mateo County Housing Market Trends – March 2023

Average Price: March 2023

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.

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.

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.

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.

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.

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.

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.

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.

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.

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