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Monday, April 21, 2025

San Mateo home prices rise in July 2017

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The median sale price of a home sold in July 2017 in San Mateo rose by $116,500 while total sales decreased by 11.6%, according to BlockShopper.com.

In July 2017, there were 76 homes sold, with a median sale price of $1,229,000 - a 10.5% increase over the $1,112,500 median sale price for the same period of the previous year. There were 86 homes sold in San Mateo in July 2016.

The median sales tax in San Mateo for the most recent year with available data, 2015, was $5,970, approximately 0.5% of the median home sale price for July 2017.

The following table compares San Mateo to other San Mateo County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
San Carlos3132-3.1%$1,662,000$1,650,0000.7%
Belmont1822-18.2%$1,605,000$1,452,50010.5%
Sequoia40-$1,595,000$0-
Foster City1931-38.7%$1,520,000$1,120,00035.7%
Redwood City5462-12.9%$1,361,000$1,192,50014.1%
San Mateo7686-11.6%$1,229,000$1,112,50010.5%
El Granada24-50%$1,065,500$1,176,500-9.4%
North Fair Oaks45-20%$952,250$925,0002.9%
Montara73133.3%$948,000$925,0002.5%
Half Moon Bay1112-8.3%$920,000$958,500-4%
Broadmoor12-50%$880,000$756,50016.3%

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