From January through March of 2017, there were 162 homes sold, with a median sale price of $1,100,000 - a 25.7% increase over the $875,000 median sale price for the same period of the previous year. There were 155 homes sold in San Mateo in the first quarter of 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 the first quarter of 2017.
The following table compares San Mateo to other San Mateo County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| San Mateo Highlands | 2 | 7 | -71.4% | $1,425,000 | $1,698,000 | -16.1% |
| Foster City | 44 | 43 | 2.3% | $1,275,000 | $1,200,000 | 6.3% |
| Miramar | 2 | 1 | 100% | $1,250,000 | $918,000 | 36.2% |
| Millbrae | 32 | 27 | 18.5% | $1,240,000 | $1,300,000 | -4.6% |
| Redwood City | 111 | 126 | -11.9% | $1,150,000 | $1,171,500 | -1.8% |
| San Mateo | 162 | 155 | 4.5% | $1,100,000 | $875,000 | 25.7% |
| Montara | 6 | 8 | -25% | $1,057,500 | $837,500 | 26.3% |
| Brisbane | 11 | 15 | -26.7% | $975,000 | $750,000 | 30% |
| El Granada | 12 | 8 | 50% | $950,000 | $1,005,000 | -5.5% |
| North Fair Oaks | 28 | 25 | 12% | $905,000 | $812,000 | 11.5% |
| Pescadero | 1 | 0 | - | $899,000 | $0 | - |
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