San Mateo County Real Estate Market Update | January 2025 Trends & Home Prices

The San Mateo County real estate market is off to a strong start in 2025, with buyer demand outpacing available inventory. If you've been thinking about buying or selling, here's what you need to know about the latest market trends and how they impact your real estate goals.

Key Market Insights for January 2025

1. Months Supply of Inventory: 0.86
   The market is experiencing extremely low inventory levels, with less than a one-month supply of homes available. This means demand is far exceeding supply, creating a highly competitive environment for buyers in San Mateo County.

2. 12-Month Change in Inventory: -26.5%
   Compared to last year, inventory levels have dropped significantly, making it even harder for buyers to find available homes. Sellers in San Mateo County are in a strong position to receive competitive offers, often above asking price.

3. Median Days on Market: 14
   Homes in San Mateo County are selling fast—within just two weeks of being listed. This quick turnaround time underscores the urgency buyers face in making offers promptly.

4. Sold to List Price Percentage: 103.3%
   On average, homes in San Mateo County are selling for 3.3% above their list price, reflecting strong buyer competition and multiple-offer scenarios.

5. Median Sold Price: $1,797,500
   With limited supply and high demand, home prices in San Mateo County are being pushed upward, reaching a median sold price of nearly $1.8 million.

What This Means for Buyers and Sellers

• For Buyers: Expect strong competition and be prepared to act fast. Getting pre-approved for a mortgage, working with a skilled real estate agent, and being ready to make competitive offers are essential strategies in this market.

• For Sellers: This is an excellent time to list your home in San Mateo County. Low inventory means your property is likely to sell quickly and at a premium. Pricing your home strategically can result in multiple offers and a final sale price above asking.

Elevating Your Real Estate Experience

Real estate in San Mateo County represents more than just a transaction—it is an investment in an exceptional lifestyle. Whether buying or selling, a tailored approach ensures a seamless, sophisticated experience in one of the region’s most coveted markets.

For those looking to make their next move, now is the time to connect with a trusted advisor who understands the intricacies of this premier market. Reach out today.