The story of this market
The typical home in San Mateo, California sells for about $1,608,000, or $939 per square foot.
Prices are roughly flat from a year ago (-1%), a market in balance. Homes take about 52 days to sell.
Monthly price momentum
Home values since 2015
+0.5%
CA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
San Mateo, California
The San Mateo housing market is experiencing a cooling phase as summer concludes, characterized by a significant month-over-month decline in median sale prices and a reduction in sales volume. While year-over-year price changes remain relatively stable, the recent dip suggests seasonal adjustments are currently influencing market activity. High inventory levels relative to the current sales pace indicate a shift toward a more balanced or buyer-favored environment.
No ARED county foreclosure postings attributed to San Mateo yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved down 1.0% year over year.
Homes spend a median of 52 days on market with 1.9 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major regional shopping destination featuring a wide array of retail, dining, and entertainment options that serves as a primary commercial anchor for the city.
A local community park providing green space and recreational facilities for residents, contributing to the neighborhood's livability.
A waterfront area offering recreational boating access and scenic views, enhancing the city's appeal for outdoor enthusiasts.
The city's central business district, known for its dense concentration of restaurants, boutiques, and professional services, acting as a social and economic hub.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Data retrieved from US Census Bureau and Bay Area Census profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Requires all real property to be assessed by the County Assessor. The roll is processed by the Controller and serves as the basis for all property tax billing.
Governed by California Revenue and Taxation Code; assessed values are enrolled annually by July 1.
applies when — Applies to parcels within specific service areas (e.g., sewer maintenance, mosquito abatement, flood control districts).
Fixed or variable charges added to the property tax bill for specific services. These are not based on ad valorem rates but on service-specific formulas defined by the district.
Levied annually as part of the secured property tax bill.
applies when — Applies to parcels located within the boundaries of a school district or special district that has passed a voter-approved bond measure.
Additional ad valorem tax rates added to the base 1% rate to fund debt service on local bonds. The specific rate varies by district and is calculated based on the assessed value of the parcel.
Authorized under California law for local government debt service; reported annually in the County Tax Rate Book.
≈ $16,080/yr on a $1,608,000 median
A base tax rate of 1.00% of the assessed value of the property. The assessed value is 100% of the full cash value. Exemptions include the Homeowners Property Tax Exemption, which provides a $7,000 reduction in the assessed value of a primary residence.
Established by California Constitution Article XIIIA (Proposition 13); applied annually to the secured roll.
≈ $16,080/yr on a $1,608,000 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.