San Mateo County Real Estate Market Update: Trends, Prices, and Insights
- Joshualee
- Feb 10
- 2 min read
Updated: Mar 2
By Josh Lee | San Mateo Realtor | Real Estate Advisor
Helping buyers win the right home, not just any home, in competitive markets.
As we step into 2026, the San Mateo County real estate market continues to showcase dynamic trends and emerging opportunities for homebuyers and investors alike. Let’s take a look at the key statistics and shifts in the market, and what it means for you.
Key Market Insights for January 2026
Single-Family Homes:
372 single-family homes for sale, providing 2.4 months of inventory
373 new listings and 156 homes sold at a median price of $1.93 million with 37 days on the market
103% of list price achieved for median sales vs. list price
Condo & Townhomes:
206 units available with 3.7 months of inventory
154 new listings and 55 units sold at a median price of $830,000, with an average of 60 days on the market
The numbers reflect a stable, yet competitive market with demand continuing to push for both single-family homes and townhome units. Sellers are achieving favorable returns, while buyers are moving quickly to secure homes at competitive prices.
Market Performance: Overbid and Sales Trends
Over the last year, we’ve seen fluctuations in both overbids and average days on the market, highlighting buyer competitiveness and market uncertainty. This can be seen in the overbid trends in certain cities like Burlingame, where 99% of properties achieved above list price.
In Daly City, the market showed resilience with 106.1% median sale vs. list price, reflecting strong demand for single-family homes in more accessible parts of the county.
Looking Ahead: What Does This Mean for You?
The current real estate climate suggests that if you're considering selling, now is an ideal time to take advantage of high demand and favorable sale prices. For buyers, while there’s competition, it’s possible to find valuable properties within the price range that suits your needs especially if you act quickly.
Whether you’re looking for a cozy townhome in South San Francisco or a luxurious estate in Atherton, there are opportunities waiting for you.
💡 Download my FREE “Ultimate Real Estate Success Kit” Get checklists and worksheets to help you evaluate neighborhoods, track trends, and compare areas side by side.
Want a personalized breakdown of which neighborhoods to watch based on your budget and timeline?
🎉 Golf Giveaway: Join Me for a Round at Poplar Creek!
As part of staying connected with the San Mateo community, I’m giving away a round of golf with me at Poplar Creek Golf Course. It’s a relaxed way to talk strategy, neighborhoods, and opportunities or just enjoy a great local course.
Joshua Lee | Real Estate Advisor
📞 (650) 881-2972
Your guide to spotting up-and-coming neighborhoods in San Mateo County before everyone else.
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