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Monday, April 21, 2025

Half Moon Bay home prices fall in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Half Moon Bay fell by $115,000 while total sales decreased by 16%, according to BlockShopper.com.

From January through March of 2017, there were 21 homes sold, with a median sale price of $815,000 - a 12.4% decrease over the $930,000 median sale price for the same period of the previous year. There were 25 homes sold in Half Moon Bay in the first quarter of 2016.

The median sales tax in Half Moon Bay for the most recent year with available data, 2015, was $6,965, approximately 0.9% of the median home sale price for the first quarter of 2017.

The following table compares Half Moon Bay to other San Mateo County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
North Fair Oaks282512%$905,000$812,00011.5%
Pescadero10-$899,000$0-
San Bruno5869-15.9%$875,000$645,00035.7%
Pacifica715822.4%$820,000$755,0008.6%
Moss Beach63100%$817,500$1,050,000-22.1%
Half Moon Bay2125-16%$815,000$930,000-12.4%
Broadmoor910-10%$800,000$716,50011.7%
Daly City117122-4.1%$765,000$727,5005.2%
South San Francisco93912.2%$750,000$725,0003.4%
Colma110%$720,000$1,000,000-28%
East Palo Alto2399-76.8%$675,000$710,000-4.9%

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